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.