The Ultimate Guide to Property Investment in Bali

Bali is always associated with its investment and tourism sector. As a result, the property market has seen a significant increase in demand, making it a prime location for investment in Bali. The Island of Gods is a prominent investment option that readily thrives and contributes to the national economic growth of Indonesia. 

One of the major investments that foreign investors can optimize is the Bali property market. The rising trend of Bali property ownership aligned with the rapid tourism industry bounce back in the region after the pandemic.

Why Property Investment in Bali Keeps Thriving

Bali sees a continuous stream of tourists annually, reaching 4 million in 2022. Several states attribute this condition.

1. Stable Political Climate

Bali is always reputable for having stable politics, which attracts investors greatly. A stable political climate implies that the area can ensure the security of the guests.  

2. One-Stop Vacation Spot

Despite being a small island, Bali may provide you with an all-inclusive vacation with its abundant resources that make it possible for visitors to select from a wide variety of attractions, including beaches, mountains, and cultural experiences.  

3. Improved Infrastructure 

Aside from its deep culture, Bali has also embraced modern infrastructure, which includes an international airport and a roadway. 

The local administration is constantly working to increase visitor accessibility. The government authorized 14 infrastructure projects in Bali between 2020-2024.

4. Welcoming and Memorable Ambiance 

Bali also remains a meeting ground for various cultures co-existing peacefully in the streets. Moreover, Bali welcomes tourists with warmth and leaves an impression that keeps tourists coming back for more.  

Which Areas Have The Best Investment Opportunities in Bali?

Certain areas in Bali are more famous than others. The nature of these areas primarily explains the attribution. 

Therefore, when buying property in Bali to invest in, it may be worth considering the heart of each site before deciding to get full ROI Bali Villa or other types of properties. 

Canggu, for example, is known mainly for its laid-back vibe and numerous cafes which have become homes for digital nomads. However, Canggu is also primarily known for its rapid development of new places and proximity to the beach. 

Seminyak is an all-time favorite but is also considered the most expensive. Luxurious resorts and villas now fill the area. However, finding vacant land plots within this area may take time and effort. 

Ubud is located away from the hustle and bustle of the city. Therefore, it is often preferred by those looking to enjoy life at a slower pace. 

Sanur also shares this attribute, primarily favored by the older population. For more affordable properties, try looking in Kerobokan. It is relatively lower than Canggu but still provides easy access to different parts of Bali.

Read more: 10 Strategic Locations for Buying Property in Bali

How to Choose Your Types of Property?

There are several property options to choose from in Bali. The type of property would differ in price and amenities.

Villa

Villas in Bali are constructed mainly with unique themes and cozy vibes. A typical villa in Bali includes a pool, a small garden, a general dining area, and bedrooms. 

This number and size of those mentioned above largely depend on the location and available size of the villa itself. 

Even though Bali has seen significant modernization, it still offers several traditional villas for those with a more conventional taste.  Therefore, investing in Bali is a good option for those who wants to get a cozy properties.

Apartment

Apartments are rare in Bali. The apartments offered are studio apartments or one-bedroom apartments. It is rare to find conventional vertical housing, rather than in Jakarta or other metropolitan cities. 

Guesthouse

Guesthouses are common in Bali. However, budget-conscious travelers often prefer alternative accommodations, like motels, with all the necessary amenities.  

Things to Consider Before Buying a Property in Bali

Buying real estate in Bali requires careful consideration, whether you’re considering a vacation home, an investment property, or a permanent residence. Understanding the legal aspect may help you avoid the Bali property ownership risks.

How Does It Cost to Buy a Property in Bali?

Property prices in Bali vary widely, depending on location, type, and size. Beyond the purchase price, factor in taxes, notary fees, and potential renovation costs. If seeking financing, research local banks and understand the loan terms and conditions for foreigners.

Should You Maintain Your Property?

Managing properties is essential to investing, but it needs to be noticed. However, this may need to be more convenient, especially for those outside Bali.

Considering the general landscape, owning a property in Bali can be highly beneficial. However, property management must be considered before making an investment decision. 

A proper property management service allows owners and investors to focus on expanding their reach to the Indonesian market. Consider a full range of services, from admin tasks to guest services, to provide the best experiences for your clients. 

Tips for Locating a Profitable Investment Property

There are several ways to find a suitable property in Bali. They include researching online, contacting local agents, networking, and on-site searches. 

The safest and most efficient way would be to hire local real estate agents to aid the process. However, this may be more costly than other alternatives. 

Once securing a suitable property, land and property ownership could be outsourced to InCorp Indonesia (formerly Cekindo). 

Those seeking to invest in Bali property by establishing a business can also contact InCorp Indonesia for assistance with licensing process to make every business activity seamless and easier.