If you’re looking for a safe and profitable investment, Canggu (Bali) real estate is a great option. Canggu is located in the southwest part of Bali and is known for its surfer vibe. It’s also becoming increasingly popular with digital nomads and tourists, who are drawn to its beaches, active day and night lifestyle, and extremely diverse social scene.
The Canggu real estate market is booming, with prices rising steadily year on year. While investing in outer areas, you are betting on their growth in the future. By buying real estate in Canggu, you’re guaranteed to see a healthy return on your investment immediately.
However, the prices are constantly on the rise. So, if you’re thinking of investing in Canggu property, now may be a good time.
Canggu is the most popular area to live and party in among expats and tourists from all over the world. Canggu never sleeps yet digital nomads have comfortable coworking spaces to keep running their online businesses from this sun-kissed island. A few surf spots, an endless list of cafes and restaurants to grab coffee or work, Bali comedy club stand-up every other day, sunset on the beach, and Sunday markets – this is a weekly schedule of “Canggudians”.
The housing options are also endless: from guest houses of all kinds to luxurious villas on the beach or penthouse apartments in brand new development projects.
Central Canggu is the most desirable location for buying real estate. Canggu, in general, is a collection of smaller villages stretched from the beach to the inland. Some of the areas that are considered in Canggu and have slightly different real estate markets are Berawa, Batu Bolong, and Echo Beach. Pererenan often counts as Canggu while on the administrative level it is not technically Canggu, but a neighboring suburb.
It is true that there is almost no beachfront land available for sale in central Canggu, yet plenty of villas, resorts, and even apartments with amazing views and high potential in the real estate market.
Land prices in Canggu are one of the highest and start from USD 6100 per 100 sq m (one are) per year and go up to USD 27 000/m2 for the hottest spots. Yes. Buying property in Bali, you do not buy it for life, you only lease it for a certain number of years and it is called leasehold. It means, that if you buy a 3-are plot in Canggu for 25 years, you will pay more than USD 450 000 only for land and it is considered cheap for this location.
Apartments in Canggu are largely available in Berawa. The pricing starts from USD 160 000 for a one-bedroom apartment for a 36-year lease.
Villas in Canggu can meet the requirements of the most experienced travelers and investors: from villas in traditional Balinese style to modern villas with lots of glass and sophisticated materials. A pool is a must-have for the absolute majority of villas in Canggu. The Villa market is highly competitive, expensive, and high-yielding. Villas prices in Canggu for lease start from USD 280 000 – 300 000 for a one-bedroom villa.
The average returns on investments in property in Bali are around 8-9%. Yet, there are successful stories of investors and villa owners gaining up to 30% yearly. To set up realistic expectations, please, calculate your budget and strategy on the average value.
Short- and long-term rent is the most popular choice among digital nomads and travelers coming to Canggu. It is common to rent not only daily, but monthly, but yearly or even for several years. Which makes investing in Canggu real estate extremely profitable for investors.
At the same time, renting long-term saves time, headache, and ultimately money, as daily rates are always much higher than the monthly rates. Ex., a 3-bedroom villa in Canggu for daily rent will cost up to a few thousand dollars, while long-term rent prices start from USD 15 000 per year.
From minimalist one-bedroom lofts to luxurious beachfront mansions with excellent lawns and infinity pools – Canggu real estate has it all. The most diverse, modern, and expensive property market in Bali, yet the most desirable by buyers, and renters, and the most profitable for investors. Canggu real estate is a win-win situation for everyone.
Villas in the Canggu real estate market are priced based on the location, how many sq m the living space and garden are, how many bedrooms and bathrooms the villa has, what materials were used for the building and finishing, and what ownership title you’re acquiring. On average the pricing starts from USD 250 000 – 300 000 for a one-bedroom villa and will go up to dozens of million dollars for high-end villas with 4+ bedrooms.
We are sure you will find something for you among the 200+ villas for sale in Bali and Canggu. For example, this brand new modern 3-bedroom villa of 200 sq m located in Berawa goes for USD 435 000 freehold and will be perfect for a family with kids as it is close to Montessori school, tennis junior academy, horse riding school, and recreational clubs. It is not too far from the beach – only 1.5 km which translates into a few minutes’ ride.
Yet if you are looking to invest in property to rent it and get monthly income, consider this one-bedroom stylish villa in the heart of Berawa. The asking price is only USD 286 000 and the villa includes an open kitchen, pool, terrace, ensuite bathroom with a bathtub, and lounge rooftop. This property is likely to bring you an 8% return on investments on average and you can also live in it for 2 weeks yearly as its owner.
If you are looking to buy some real estate in Canggu you will have to hire a professional property agent as the Canggu real estate market is hard to navigate and negotiate without proper expertise, and of course, language.
It is not mandatory to get a license if you are a freelance real estate agent in Canggu and the market is unfortunately overloaded with underqualified agents. It is important to choose an agency that is officially partnered with bank institutions and recognized by government real estate associations.
The award-winning team of Harcourts Purba Bali transformed international experience in real estate into a big company with a multinational sales team, competent lawyers, and far-seeing management. Our sales record is backed up by 20 years of experience in the Indonesian real estate market and we are currently curating in our portfolio more than 200 villas, a few most promising apartment complexes, and almost 300 land plots across all of Bali and outer islands.
To guide you through Canggu and Bali real estate we created our blog section with ownership titles and all pitfalls of buying property explained. We are always available to talk and meet if you contact us. If you are looking to do your own research before making a decision, our selection of legally cleared land and villas for rent and sale awaits you.
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