Bali on the trajectory witnessing extraordinary tourism’s growth
In a triumphant comeback, Bali’s hotel market witnessed an extraordinary rebound in 2023, surpassing its pre-pandemic peaks. The island’s first full year with minimal COVID-19 restrictions sparked a surge in demand, fueled by the pent-up wanderlust accumulated during the global health crisis. Key to this resurgence was the government’s successful Visa on Arrival (VOA) program, […]
“Is now the time to invest?”
In the dynamic landscape of the real estate market, the post-Covid era since 2022 has witnessed a rapid and consistent upward trajectory. Market prices, have been scaling new heights, with land values surging by an impressive 50-120% in one year. Villa prices have been experiencing an increase of roughly 20-30% when compared to the previous […]
Why Bali is a Favourite Traveler’s Choice
A Unique Culture that Only Exists in Bali Bali’s culture is a captivating blend of ancient traditions and distinct rituals that can only be found on this Indonesian island. The Balinese people have successfully preserved their cultural heritage despite outside influences, creating a truly one-of-a-kind experience for visitors. From vibrant religious traditions and intricate art […]
Key insights into freehold and leasehold property for Indonesia as investment hub
Indonesia, a vibrant archipelago known for its rich culture and stunning landscapes, has witnessed remarkable growth in its real estate sector over the past decades. In 2022, the real estate industry contributed a significant 2.5 percent to Indonesia’s GDP. Investment Potential for All Whether you are a local resident or a foreign investor eyeing Indonesia’s […]
Maximizing return on investment (ROI) potential in Bali’s Real Estate Market
ROI stands for “Return on Investment.” It evaluates the profitability or performance of any investment, typically expressed as a percentage. The formula for calculating ROI is: ROI = (Net Profit / Cost of Investment) x 100 In this formula: “Net Profit” for Bali Real Estate market Bali refers to rental income minus all expenses, such […]
Bali’s economic environment
Bali has emerged as a highly sought-after destination in Asia, drawing a significant number of visitors since the late 20th century. Its popularity as a tourist hotspot has made it strategically prosperous for businesses and investments. While the tourism industry experiences seasonal fluctuations, it remains promising due to Bali’s strong and stable economic growth over […]
3 Fundamental basics before investing in Bali and Indonesia
Buying a property in Indonesia can be different from buying a property in different western countries due to several factors, including legal regulations, ownership rights, financing options, and cultural considerations. Here are some key differences: Foreign Ownership Restrictions: In Indonesia, there are restrictions on foreign ownership of land. Foreigners are generally not allowed to directly […]
Understanding Property Tax in Indonesia
When making a purchase of land or villa in Indonesia, it is important to consider not only the standard value-added tax but also other property taxes. These taxes include: Pajak Bumi dan Bangunan (PBB): This is an annual land and building tax that is typically paid by the Lessee in leasehold or yearly rental properties, […]
Is it Worth Buying in Canggu?
Many investors have been thinking whether investing in Canggu, one of Bali’s most desired destinations, still holds value amidst the soaring prices and fierce competition for land among developers. Let’s explore the pros and cons: Pros: Potentially lower risk: Canggu’s popularity among expats provides a stable income stream with prices frequently rising. Rental Potential: Tourists […]