In a nutshell: what’s happening to the property business in Bali
A lot has been happening in Bali recently around the subject of property rules and regulations and their enforcement. If you’re a buyer or a seller, what should you do?
Is there an accommodation oversupply in Bali?
Recently Airbnb announced Bali was the second most viable villa and house rental market in the world. Here’s what I think is driving this through visitor arrivals and trends in Bali’s hospitality accommodation scene.
Indonesia improves across all sectors of the economy
The last few years have seen Indonesia go through massive changes. Some of them are critical in paving the way for the country’s development in the years to come, and all of them are spearheaded by the current administration.
Where Is Bali Property Heading?
There’s a lot of exposure about this beautiful island paradise and its tourism industry, as well as property and uncontrolled developments. There are a lot of critiques and arguments determined to stop hotel and villa developments in certain areas. Some would even argue there’s a price war going on between hotels and resorts.
Get to know Terje Nilsen
I moved from Jakarta to Bali in 2004. At the time I wasn’t so sure where to head in terms of business. I was using a Coldwell Banker office for a while, which ended up connecting with a Japanese client who wanted to do a magazine about real estate in Bali.
What is wrong with real estate in Bali?
There have been a lot of recent claims that property transactions in Bali have slowed down after 15 years of unprecedented growth. Is this true? And if it is, why? What’s happened? Let’s have a look at some of the issues.
Serviced Apartments Booming in Indonesia
People can rent a serviced apartment if they’re living here for a year rather than a villa which takes up a lot more staff and maintenance and so on. It’s a big trend.
Bali Real Estate and Ownership Options
For Indonesians, there are no issues as there are no limitations to how an Indonesian can own or control a property, as long as it is all in accordance with Indonesian agrarian law.