We provide if you are looking for accurate information about the reasons for investing in Bali that are suitable and by the expectations that you may have dreamed of so far. Please check accurate and up-to-date information for you.
1. NATURAL BEAUTY
Bali is one of the most beautiful places in the world, with stunning beaches, lush greenery, and towering volcanoes. Its popularity among tourists is only increasing every quarter.
Bali has a fantastic climate, with year-round sunshine and balmy temperatures. Rice paddies are immense and are considered UNESCO heritage sites. Volcanoes silently watch the island, and the scenery becomes even more magical as you explore the waterfalls, jungles, rivers, lakes, and tropical forests. We also must remember the underwater kingdom, which brings divers and adventurers from all over the world. This place is a natural island of Gods.
2. TOURISM HUB
Bali is a popular tourist destination – according to Statista, 6.3 million international tourists visit Bali annually, with an additional 12 million domestic tourists. This creates plenty of options for accommodation, dining, and entertainment. The infrastructure is better than on other Indonesian islands and the environment is built for foreigners’ needs.
The island has something for everyone, whether you’re looking for a peaceful retreat in Ubud, an action-packed holiday around the island, or nightlife in Canggu and Seminyak. As an investor, you can earn returns through appreciation property prices and tourist-centric commercial or residential real estate.
3. COST OF LIVING in BALI
The cost of living in Bali is relatively low compared to other Western countries, making it an attractive proposition for retirees and families. You can easily live and work in Bali for under $1500-2000 per month.
This makes Bali one of the top destinations not only for short-term tourists but also for digital nomads and expats. The low cost of living is excellent to drive investment, as there’s a steady stream of potential income, with lower costs to eat into your returns.
4. ECONOMIC & POLITICAL STABILITY
Bali has a stable economy and political situation, which makes it safe to invest money in real estate. Indonesia is the only member of the G-20 from South-East Asia with the perspective to become one of the top-5 leading countries by 2030.
Indonesia is one of the top Asian countries with the strongest domestic market and most favorable investment climate – it is also considered the 4th global investment destination after India, China, and the USA.
Economic stability has proven itself during years of crisis – Bali’s economy is one of the fastest to recover and grow yearly. It is due to a few factors: the evergreen tourism industry on the island, solid domestic investments, and transactions in cash.
Indonesia is a very safe country politics-wise. It’s a democracy and has avoided political turmoil and uprisings.
5. RISING PROPERTY VALUES
The property values are only going to go up in the future. The Bali real estate market is growing not only thanks to foreign investment but due to high and rising demand among Indonesians.
Investors from Jakarta – the capital of Indonesia, see Bali as one of the best destinations for investment in property and business. Foreign investments amount to $6-7 billion per quarter with Singapore, China, Australia, and the United States being the top countries investing in Indonesia.
Within the first quarter of 2023, the Bali real estate market grew almost 30% (28.5%) which is the biggest growth rate since 2012.
At Harcourts Purba, you can check actual property prices across Bali and the outer islands.
6. VERSATILE REAL ESTATE MARKET IN BALI
There is a vast range of different properties available in Bali, in terms of property type, locations, and budget. From luxurious villas for sale to more affordable apartments, as well as locations from beachfront to mountains or rice paddies, all investors can find the perfect property that suits their preference of style, size, location, and budget.
Buying real estate in Bali can cost you as little as under USD 100 000, for smaller properties outside of the hot tourist spots. If you have a budget in mind, talk to our team. We have hundreds of listings and can show you options in your price range.
7. GOVERNMENT SUPPORT
During recent years, and especially during and after the pandemic, the Indonesian government granted more access to foreign investors. Foreign investment in property is possible through the set up of an Indonesian business, or a local PT PMA. With these changes, the legal process of buying a land or a property has become easier and safer for foreigners, allowing them to lease the land long-term and do business legally.
8. RELIABLE MARKET
The real estate market in Bali is supported by many property agents and international real estate agents who have opened branches in Bali.
Of course, many experienced and reputable developers operate in Bali, so you can be sure you get a high-quality property with European-standard building and property management.
Many are involved in building sustainable projects and supporting local communities through charity and education, which are also significant contributions.
Be aware of the abundance of amateurs and unqualified real estate agents in Bali. Unfortunately, there is no mandatory license needed to become a property agent here. Working with an under qualified agent creates a lot of problems for foreign clients, including significant losses of money or even getting an illegal build.
9. CULTURE
Bali has a versatile cultural landscape with the majority of the local population being Hindu. It brings an unforgettable experience to get to know and watch beautiful ceremonies and discover how a different culture sees life, love, death, and the world itself. The other two main religions in Bali are Islam and Christianity.
The Hindu culture is incredibly kind and hospitable. The offerings, colours, temples, ceremonies and holidays are richly entwined into daily life around the island. Foreigners who come here are often inspired and humbled, and grateful to be a part of it.
10. BALI REAL ESTATE MARKET IS EASY TO ENTER
According to the World Bank’s survey, Indonesia is one of the top countries where the real estate business is easy to start. The ranking included government support, the legality of property ownership, taxation, purchasing real estate, and the building process.
And in this point it is true that foreigners can legally lease land and properties long-term individually or by setting up a company in Indonesia. The whole process takes only a couple of months. However, the process is currently simple and transparent only if you have a trustworthy property agent in Bali. Navigating real estate by yourself is challenging at the moment.
As mentioned above, Investing in villas in Bali is an exciting venture that can generate significant returns and satisfaction, whether you live here or tap into the high-demand tourism market. Contact Harcourts Bali – the award-winning property agency – today and start planning your dream property in Bali!
Contact Harcourts Purba today for the Best Real Estate Experience!
Drop us a line:
Whatsapp: +62 878 1838 1818
Telephone: (0361) 9091299
Email: [email protected]
Or Visit Our Offices:
Address: Jl. Pemelisan Agung No.22, Tibubeneng, Kec. Kuta Utara,Kabupaten Badung, Bali 80351
TRUST THE EXPERTS FOR YOUR BALI REAL ESTATE NEEDS
Every 10 minutes, somebody buys a property with Harcourts.
We are among the world’s most respected real estate brands, with 900 offices across 9 countries. Our network of sellers, buyers and investors reaches far beyond the shores of Bali.
Trust the experts at Harcourts Purba Bali. If you are thinking of buying property in Bali, or if you have been trying to sell your villa, ask us what we can do for you!
What are Harcourts Purba Platinum Listings?
These listings are hand-selected by us because they are extraordinary properties that are priced to sell. Some are exclusive Harcourts listings reserved for us and our clientele, while others were chosen because they are exquisitely designed or located in the most enviable locations.
FEATURED LISTINGS
Prime 300 sqm Leasehold Plots in Pererenan
Bali, Canggu, Pererenan
Prime Ubud Villa with Approved Plans for Further Development
Bali, Ubud, TegallalangMeet The Team
OF HARCOURTS PURBA BALI
Partner , Harcourts Purba Bali
🌟 Eugene Shivnan, a New Zealand native, established a remarkable career journey from electrical...
Principal , Harcourts Purba Bali
Was born and raised in Sumatra, she is a proud mother of two beautiful...
What They Say
I must say coming from Australia to Bali to buy land. With the dream to build a villa in paradise. .Was very nerve-racking.
But luckily along the way..
after a few failed attempts.. I met a champion guy Eugene. Of Harcourts Canggu...A great bloke. Down to earth, very honest and experienced. He made my experience.. Very easy and made me feel I was in trusted hands.. which was my biggest concern..
As well along the way. I Had help from him. lovely family. and staff. I 100 percent...recommend him and his Team ..thank you
by David Paterson
Siti, Eugene and the team have been very helpful in finding my dream property on Bali. They went the extra mile to make sure I got the villa I wanted. The whole process were very complicated as other agencies were involved, but with Siti and Eugene’s help I now own my dream villa. I am very satisfied and highly recommend them!
by Lili Tjandra
A million thanks to Siti and Eugene who helped us sell our Bali villa. It was a long process that required a lot of patience and that is why I really admire your dedication, perseverance and professionalism in closing the deal. Thank you for standing by us and guarding our interests throughout several years of rental management and ultimately the sales process itself – you did a fantastic job!
by Bojan Tercon
I would like to thank both Siti and Eugene and their staff. We are impressed by your professionalism and extremely happy with the result of closing the deal and working with us hand in hand to make sure that all the legal aspects of the deal have been dealt very professionally. Thank you again ... we are fully satisfied and highly recommend Siti and Eugene to anyone who would like to find a property in Bali or Lombok
by Eddie and Jane Walters
Dear Siti thanks again for what you and your staff have done to be able to complete the deal. We are impressed by your professionalism and responsiveness and your kindness throughout this process. We are extremely happy with the result.
by Alex and Beurt Van Heerigen
Siti Purba and Eugene Shivnan are my trusted Property Agents in Bali/Indonesia. Since I started acquiring Villas in 2011. I have turned to them not only for purchasing properties. But many times simply for advice, or a friendly ear. They remain at the pinnacle of their game, and will provide factual information and data. Even if it means a deal not come their way from it! This impartially makes them special in an industry not known for it. I recommend them as individuals and Real Estate Professionals, without hesitation.
by Richard Ernster
Bali Real Estate: An Island Haven For Digital Nomads
Bali has been very popular within the digital nomad community. Over the past decade, Bali has grown into the most diverse digital hub in Southeast Asia. Being No. 5 in the world and No. 1 Choice in Asia, Bali welcomed its highest influx of digital nomads in 2020. Especially in the Canggu area, this sudden stream inevitably impacts the housing and Bali real estate market on a positive note.
Canggu, Bali real estate, and the surrounding areas of Pererenan and Berawa, is the main hub of the digital nomad activity in Bali. It has everything that’s supporting a big-city lifestyle in a small town where rice fields and surfing spots are in proximity. Those who used to live in uptown New York City would still get their breakfast supply from the deli down the road in Berawa.
Homesickness—if you are experiencing it at all, will be minimised as the area has everything you need from proper gym facilities with Olympic sized swimming pools (the water is warm), yoga studios, to chic cafes serving decent breakfast packages with freshly-brewed coffees, and most importantly, the internet connection is fast (18Mbps). This is a decent lifestyle with half the cost of living in big cities like New York or Los Angeles!
Bali villa prices are affordable for buying or long-term rental
Bali is a beautiful island paradise that caters to tourists that have also become a dream destination for long-term stays or relocation. Expatriates from around the world enjoy a tropical beach lifestyle, with the amenities of fine dining restaurants on the weeknights, and their hobbies with everything from surfing, golf, scuba diving, paragliding, pottery, to watersports.
With the market shifting from being a tourist spot to a digital nomad hub, Bali real estatefor rent has become more appealing to those thinking of relocating long-term or buying a second home. The main appeal is the price, the yearly rental for a fully furnished 4-bedroom villa in Berawa with a swimming pool and ensuites and kitchen is the same price as a quarterly rental for a 2-bedroom apartment in Brooklyn. Whether sharing the villa with your friends or living in it with your family, you are still saving a lot of money by choosing to live in Bali.
Our team at Harcourts Purba Bali has hand-picked rental properties and villas for lease for you to choose from. We understand planning to move abroad could be overwhelming, if you have any questions, please contact us. Our dedicated team is able to offer clients unparalleled support and assistance at whatever stage of the journey you are on.
Bali relocation for networking and digital jobs
The easy way to start your networking game is by buying a membership in a coworking space. In Canggu, there are Outpost, Dojo, and the most hyped, B-work. Each coworking space offers its own perks, from skillshare programs to work-life balance programs. One thing for sure is that this community consists of people from so many walks of life.
You will be surprised to hear the type of conversation you would overhear in cafes or restaurants in Canggu—no different than the one you would overhear in Silicon Valley (some would call Canggu as Silicon Bali) or Berlin. Because indeed, people are coming from all over the world for all-year sunlight and high-quality life.
After a few luncheons, you will discover how varied these people’s professions are. There is clinical psychologist, NFT artists, teachers, financial advisor, social media manager, graphic designer, life coach, hedge fund manager, professional athletes, YouTube personality, e-commerce manager, cryptocurrency trader, business consultant, app developer, copywriter, video editor… the list goes on—thanks to Zoom and cloud storage. The ever-evolving world of digital communication has opened many avenues for working remotely from Bali
The most popular accommodation options in Canggu are yearly or monthly rental villas. It’s suitable for those not wanting to stay long-term in Bali. However, Bali tends to have an effect on people that makes them stay much longer than they planned. So you may want to consider investing in Bali real estate when you find yourself feeling so much at home on the island.
Take the first step ahead and find the hottest deals available on our new villa for sale listings and villa for lease listings.
Bali real estate market transitioning from a tourist destination into a digital nomad centric
Bali as a whole is certainly prepared for this transition from being a tourist destination into the hub for digital nomads. All year of sunlight, colorful community, inexpensive housing, and high-end lifestyle. Bali continues to attract all kinds of people from around the world.
It’s not too late to jump into the Bali real estate investment boat. Harcourts Purba Bali as an award-winning property agent still has a few listings available (and more coming). From an off the plan property, land for sale and for lease, to luxurious villas, we have them all for you to choose from.
Be well informed before purchasing land as a foreign investor to avoid common mistakes investors made while investing in Bali.
Let’s break down your investment plan, our team at Harcourts Purba Bali will be glad to guide you every step of the way, share more tips and relevant information around property rentals and purchasing property in Bali.