Bali real estate is by far one of the most sought after commodities in the world today and there are a number of reasons for this.
Why such a big demand?
One of the reasons why there is such a major global demand for real estate in Bali is because of the worldwide recession that has hit all business sectors, ranging from blue-chip international companies to the home business industry.
As a result of this, things have not been so good in the global stock markets and this has left investors seeking other avenues to invest their money and make profits. One of these avenues is the real estate market, more so in an under priced area like Bali.
But that’s not the only reason for the immense demand
Another reason why there is such a big demand is because Bali is a great tourist spot and tourists from all over the world come here year after year. It is definitely one of the “hot spot” tourist destinations in the world and because of this, the property business keeps growing in leaps and bounds, year after year.
There are major developments being done in Bali with regards to condominiums, villas and apartments, all in attempts to ensure that this place continues to remain a hot spot for tourists as well as global investors.
Still affordable
Yet another reason for the immense popularity of real estate is because the prices are still affordable as compared to places like Hawaii and Thailand. But this is expected to change within the next couple of years and investors predict that there could be a rise by as much as 30%, in the least.
Thus, whether one is looking for a permanent home for the family to relocate or whether one is looking for a vacation home or whether one just wants to invest, Bali is definitely worth considering.
So much on offer here
There is really just so much that the island has to offer for holiday seekers as well as for people looking for a new place to live or seeking a good investment opportunity.
Beautiful parks, scenic gardens, white sand beaches, all go to make Bali a very tempting spot for tourists as well as investors. Bali with its warm climate, distinctive culture and beautiful scenery, is a very alluring spot for not only a vacation home or a permanent home but also as a great investment opportunity.
Many different options available
Whether you want a grand villa or whether you want an uncomplicated Balinese lifestyle or just want a great investment opportunity, you will be able to make that dream come true.
I actually noticed that real estate prices in Bali are getting too expensive especially for the private or small time investor. Lately the majority of buyers in Bali are actually locals and not many foreigners.
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