Although there is an economic slump in most places in the world and savvy investors respect the fact that many real estate markets are overvalued, Bali represents a market that comparatively, is greatly undervalued. This is why land prices continue to go from strength to strength and is accompanied by record tourist levels.
Location, location, location as the saying goes is the key to any land or property investment and with fantastic views, and investment pouring into the local area, you would pay more than double the amount for comparative properties in Thailand. As an investment this still has fantastic potential.
As a result, developers have enjoyed great success carrying out the strategy of highest quality at the lowest price and the number of buyers from Australia, South East Asia and Western Europe lays testament to that. Regarding pricing, developers have been able to undercut neighbouring markets giving buyers not only an amazing plot of ocean front for sale , but also the greatest potential for large asset appreciation from buy to build.
So what about Bali as a location? The Island of the Gods has some stunning villa locations, from beach front to cliff top, from secluded retreat to bustling commercial areas . Most people want to be located close to areas of interest, the sophisticated traveller however does not necessarily want to be confined to one place or have the constant hustle and bustle of commercial areas such as Kuta or Seminyak. Consistently people wanted solitude, relaxation and tranquillity, while being close enough to be able to enter the heart of the action when they want to. For those people, the Bukit area is the preferred choice.
The Bukit Peninsula is linked to Kuta via Jimbaran through the busy Jalan Bypass Nusa Dua which is the only direction in, however the new high-way was built to lessen the burden on the current Bypass.
The Uluwatu Temple (Pura Luhur Uluwatu) is among Bali’s nine so-called key directional temples. Although a little temple is believed to be in existence earlier, the temple has been considerably extended by way of a Javanese sage, Empu Kuturan during the 11th Century. A different sage coming from East Java, Dang Hyang Nirartha is attributed for developing the padmasana shrines that is believed of having acquired Moksha there. A whole lot more amazing as opposed to the temple per se is its position, located over a steep high cliff 70 metres on top of the beautiful Indian ocean swells. There are far more sloping headlands on both sides as well as sunsets above Uluwatu really are a view to enjoy.