What is the current situation in the real estate market in Bali?

Market analysis of real estate in Bali

In this article, we will deeply explore the current state of the residential real estate market on the island of Bali, identifying key trends and providing forecasts for price changes. We will also examine housing costs in various regions of the island, such as the Southern Coast, Bukit, Sanur, and Ubud.

Trends in price growth

Let's start with an analysis of the real estate market in Bali. It is important to note that according to the Central Bureau of Statistics of Indonesia, there has been a significant increase in housing prices in the first half of 2023. The housing price index, known by the abbreviation RPPI, showed an increase of1.92%compared to the same period last year, which is a significant improvement over the previous value1.79%.

Demand for housing on the island

The demand for housing in Bali continues to grow. This is due to the increasing influx of foreigners coming to the island both as tourists and as expats. Statistics show that more250 thousand touristsThey visit Bali every month, and by the middle of 2023, this number reaches500 thousandBali continues to be a popular travel destination throughout the year, which also generates a high interest in purchasing real estate on the island.

The cost of real estate in different areas

Now let's take a closer look at the real estate prices in different areas of Bali. The southern coast, which is one of the most desirable places to live, features a variety of prices based on proximity to the sea and the popularity of specific locations. In well-known areas like Seminyak and Canggu, prices can significantly increase due to the developed infrastructure and active tourist flow.

Bukit area

When considering the Bukit area, it is worth noting that this region is famous for its picturesque beaches and tranquil atmosphere. Despite the growing interest from buyers, prices in this area are often more affordable compared to southern resorts. By exploring the lesser-known corners of Bukit, one can discoverunique selling propositions.

Sanur

Sanur presents a completely different picture. This area is appealing to those seeking a more peaceful and tranquil environment. There are numerous options for both purchase and rental, making the neighborhood more accessible to a wider audience of buyers. Housing prices in Sanur can vary significantly, which opens up opportunities for different categories of clients.

Ubud

Ubud, with its rich cultural and artistic heritage, continues to attract the attention of both local and international investors. In this area, property prices can vary significantly depending on the location and type of real estate. Ubud is becoming particularly popular among those seeking a secluded spot in nature, which also affects the pricing trends.

Infrastructure and accessibility

A significant impact on real estate pricesIt also reflects the level of infrastructure development and the availability of transport routes. The better the infrastructure is developed in a given area, the higher the chances for an increase in property prices and rent.

Conclusion

In summary, it can be said that the residential real estate market in Bali remains active and dynamic, with a constant increase in prices, making it attractive for both investors and buyers. In the coming months, interest in purchasing property in Bali is expected to grow, which strengthens confidence in further price increases and the island's relevance as one of the leading tourist destinations. It is recommended to closely monitor market trends and available offers to not miss the opportunity to invest in this wonderful corner of the planet.

The importance of access to real estate information

In today's world, access to up-to-date information in the real estate sector has become an extremely important aspect. People are actively seeking information about the most suitable options, and this has been made possible thanks to specialized platforms. If you want to stay informed about the best deals, subscribing to weekly newsletters can be a great help in this process.

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Every week, our subscribers receive carefully curated lists of real estate properties, which include both new listings and those that have been revalued in the market. This method helps to not miss important opportunities and make the right choice. Why is it worth subscribing right now?

• First of allYou get the opportunity to receive offers that are tailored to your personal preferences.

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Each of you can clearly identify the type of property that interests you. We understand that everyone has their own preferences — it could be apartments, houses in the countryside, or commercial spaces. Based on your requests, we can send only those listings that match your criteria.

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When subscribing, you will be asked to provide details and requirements—this could include area, location, budget, or other important characteristics for you. Once the subscription process is completed wonderfully, all that’s left is to wait for your weekly selections to arrive. Don’t forget to check your email, as we send notifications with the most relevant offers and news based on your request.

Exclusive access to new properties

In addition, subscribing to our updates provides a unique opportunity to be the first to receive information about new properties that have just hit the market. This is very important in a competitive environment, where interesting offers can disappear quickly. You will have a better chance of learning about new arrivals before others, which significantly increases the likelihood of a successful deal.

Advantages of subscription for users

Don't miss the opportunity to stay updated on all the news; this way, you can take advantage of the best offers in the real estate sector. A reliable source of information today not only provides access to quality options but also ensures that your choice will be well-informed. At every stage of our collaboration, we strive to provide our subscribers with the most relevant information, enabling them to make wise decisions.

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In recent years, the prospect of buying real estate in Bali has been actively discussed. Currently, there are 183 listings available, featuring many interesting offers. For example, there is an opportunity to purchase a three-level villa in a modern industrial style with a private pool for just $320,000. This unique property is located in Pererenan, which is situated in Indonesia.

In addition, there are turnkey apartments with a stunning ocean view located in the picturesque green area of Uluwatu. Prices for these apartments start at $299,000, and they are scheduled for completion in 2026.

Available real estate options

Currently, there are also 44 apartments available in a new residential complex with a swimming pool and a beautiful panoramic view of the ocean, located in close proximity to Melasti Beach. The prices for these properties start at $311,000, and the expected return on investment can reach up to 16%.

There are also many new projects with apartments and townhouses in Nuwanu, where property prices start at $166,000, and the completion of construction is scheduled for 2025.

Luxury offers

Additionally, it is worth considering other options. In Sesheke, you can purchase luxury apartments with five-star services, located right on the shore. Prices for such properties are around $321,000, and the total number of available apartments in this location is limited to 132.

In Melasti, there are also interesting offers – complexes surrounded by tropical forests, where the price of apartments can start from $154,000.

Complexes in Canggu

On the main street of Canggu, an active construction of a residential complex with a pool and spa is underway, located just a five-minute walk from the sea.

Recent changes in the Bali real estate market can be explained by the fact that since 2022, this tropical paradise has started attracting interest from Russian capital. Previously, investors from the UK and Australia were actively exploring the local market, but recently, Russians have taken the lead. The largest investments are observed in Canggu, where clients start by purchasing properties worth around $140,000 and then successfully resell them when real estate prices rise by 30% or more.

However, there is an opinion that over the next five years, this sector may face overheating — a lack of available land for development could lead to limited supply. Given these factors, for long-term financial investments, it is worth paying attention to the areas of Ubud and the Bukit Peninsula, which remain resilient to changes. Ubud is famous for its rich cultural life, while Bukit, with its stunning beachfront hotels, will continue to attract numerous tourists.

Market analysis of real estate in Bali

Angelina Belyaeva, who works in the field of partnership relations, notes that the real estate market in Bali is pleasing with a variety of advantageous offers for both private buyers and investors. Housing prices depend on key factors such as:

• location
• type of property (villa or apartment)
• swimming pool availability
• area of the object
• distance to the sea

According to the collected data, the average price per square meter of a fully furnished villa with high-quality finishes is as follows:

• Changu, Berawa, Umalas, Seminyak:3,300 dollars
• Sanur:2,250 dollars
• Bukit:3,500 dollars
• Ubud:2,500 dollars

The appeal of the southern coast

The southern coast of Bali stands out as a unique destination, attracting the attention of both tourists and investors. This region offers a variety of real estate options - from affordable apartments to luxurious villas. The market in Canggu and Berawa is characterized by its activity, with constantly updated listings. Here, the price of new elite properties with pools and modern interiors starts from126 thousand dollars.

Currently, Bali is represented by78ads for the sale of apartments, with prices starting from299,000 dollarsThere is an opportunity to purchase "turnkey" apartments with an ocean view in a residential complex surrounded by greenery, located in Uluwatu, South Kuta. The completion of these properties is scheduled for2026.

In total, there are available for sale44apartments from166,000 dollarsThis is about a new residential complex in Nusa Dua, Bali, with a completion date ofin the year 2025.

Bali offers many exciting opportunities for those looking to purchase real estate. In the Sesekh beachfront resort complex, you can find one of 50 apartments, with prices starting at $230,000. The residential project provides top-notch service and is perfect for those seeking comfort and luxury by the ocean.

Residential complex in Melasti

In Mare, there is also an interesting residential complex that offers 132 apartments with prices starting at $321,000. This place is located in the tranquil greenery of a tropical forest and boasts a picturesque view of the ocean. The completion of construction is scheduled for 2025, which helps potential buyers make a decision in advance.

Apartments in Canggu

In Canggu, there is another residential complex where you can become the owner of one of 20 apartments with a pool and spa, priced at $154,000. The complex is just a five-minute walk from the beach, and its location on the main street is convenient for walks and entertainment.

Ugasana and its proposal

For those dreaming of a cozy life by the sea, there is a project in Ungasan, featuring a new residential complex with 65 apartments starting at $86,000. This offer includes furnished villas and apartments with private pools and stunning ocean views. The completion of construction is also expected in 2025.

The complex in Canggu and its advantages

The complex in Canggu is equally interesting, with prices starting at $146,000. Furnished apartments with pools and stunning ocean views are also offered here, and the expected return on investment is12.0%The construction will be completed in 2025.

Pererenan and its proposals

If we consider other locations, we can take a look at Pererenan with a starting price of $91,000. This residential complex offers a variety of amenities, such as:

• pools
• spa
• restaurant

All of this is located in close proximity to the ocean. The expected return here is11.0%The completion of the work is scheduled for 2026.

Attractive neighborhoods for living

In places like Canggu, Berawa, Umalas, and Seminyak, you can find a wealth of promising projects and attractive offers suitable for both living and investing. Special attention should be given to the famous Batu Bolong beach, conveniently located between Canggu and Umalas. This spot is renowned for its picturesque sandy coastline and clear waters, making it ideal for both beginner surfers and experienced ones.

A center of attraction for tourists

This area has many cozy cafes, shops, and beach clubs, making Batu Bolong an attractive place for tourists and vacationers. We offer apartments with one or more bedrooms that can meet a wide range of preferences and budgets.

The best conditions for buyers

By collaborating directly with developers and property owners, we are ready to offer the best conditions on the market, making your purchase even more sensible. Luxury real estate is concentrated on the Bukit Peninsula, while more affordable options can be found in areas like Canggu, Berawa, and Umalas.

Investment opportunities

Nevertheless, even in these areas, there is an opportunity for short-term rentals, making investments particularly attractive for foreigners. The Bukit Peninsula, famous for its picturesque beaches and luxurious resorts, attracts those seeking privacy and comfort in a lavish setting. There is a wide variety of real estate available here that will pique the interest of potential owners.

Available apartments on the real estate market

Apartments in the real estate sector have a wide price range, where you can find offers starting from100 thousand dollarsmore than250 thousand dollarsAt the same time, the cost of the villas starts from250 thousand dollarsand can exceed several million. Our company offers a wide range of real estate options on favorable terms, which allows us to meet the needs of clients with different financial capabilities. Our qualified managers will assist you in finding the perfect home in the most attractive areas of the island. If you want to know the latest offers on the Bali market, just submit a request for property search.

Bukit Peninsula

The Bukit Peninsula is known for its picturesque beaches, among which the beaches stand out.PandavaandDreamlandThis area is famous for its wonderful golf courses that offer stunning views of the ocean. Additionally, Bukit provides the opportunity to explore Bali's rich cultural heritage, thanks to historical sites such as temples.UluwatuandGaruda VishnuThe Garuda statue, located in the heart of the peninsula, is considered a masterpiece of art and an important part of the region's cultural identity.

Sanur area

Another wonderful location is the district.Sanurcozily located on the eastern coast of Bali. This place is famous for its tranquility and peaceful atmosphere, making it appealing to those tourists who seek solitude.

• One of the distinctive features of Sanur is its long sandy beach with gentle waves, which is perfect for relaxing with children.
• Along the coast, you can find cafes and restaurants where guests can indulge in local cuisine and enjoy stunning views of the sea.

Sanur also offers a rich cultural atmosphere. Traditional Balinese temples and shops with handcrafted items line the streets, where you can purchase unique souvenirs and gifts. This provides an opportunity to gain a deeper understanding of Balinese culture and its history. The area's infrastructure is well-developed, featuring luxury hotels, spas, and various shops, yet Sanur maintains its authenticity and offers travelers unique experiences while vacationing in Bali.

Apartment rentals and current prices

As of autumn2023The average rental price for apartments in Sanur is about79 dollarsper day, and the price per square meter of such apartments is approximately3,800 dollarsThis makes Sanur an attractive and affordable place to live.

Ubud is the cultural heart of Bali.

Moreover,UbudUbud is a unique and culturally rich area of Bali, known for its picturesque landscapes, art galleries, and ancient temples. If you want to immerse yourself in the atmosphere of art and nature, you will find many unusual places in Ubud that will impress you.

• This area is popular both among tourists and those who want to enjoy solitude and immerse themselves in the cultural heritage of Bali.
• Ubud offers visitors a unique experience, combining the beauty of nature with the rich traditions of the island.

Ubud: The Natural Splendor of Bali

Ubud, located in the heart of Bali, is a true natural wonder, surrounded by picturesque rice terraces, impressive mountains, and dense tropical forests. These natural beauties create unique landscapes and foster an atmosphere of tranquility. This area is known for its famous monkey park, which attracts crowds of tourists every year, as well as the beautiful "Artist's Path," where you can find numerous art galleries and workshops producing amazing works of art.

Real Estate Market in Ubud

The real estate market in Ubud offers a variety of options: from cozy villas to modern apartments and prestigious houses that provide wonderful views of the lush jungles or picturesque water streams. Many listings feature a high level of comfort and ensure privacy, allowing owners to enjoy the atmosphere of nature and tranquility.

• Prices for villasIn this picturesque region, prices start at $184,000.
• ApartmentsIt can be purchased for 72,500 dollars.

Available Offers

As of today, there are various real estate options available in Ubud. For example, the market offers:

• 15 listings for new villas with spa treatment options, starting at131 thousand dollars.
• 29 apartments and townhouses equipped with swimming pools and beautiful landscapes, with prices starting from111 thousand dollars.

The completion date for the construction of the specified facilities is expected to be in 2025–2027.

Elite Properties and Investment Opportunities

In Ubud, it is also available.40 elite propertiesreal estate with guaranteed income potential, with prices starting from182 thousand dollarsThe total area of these complexes is 2,568 m², situated on a land plot of 4,108 m², which creates optimal conditions for both living and investment.

Moreover, a new premium residential complex in Ubud, which is set to be built in 2024, will offer 10 villas starting at400 thousand dollarsOne of the most attractive offers is a spacious two-level villa in Moroccan style with a magnificent view of the rice fields, priced at395 thousand dollars.

Other Interesting Objects

• A new two-level villa with a panoramic view of the tropical forests, located just a few minutes from the city, priced at385 thousand dollars.
• Renovated villa surrounded by greenery, for sale at a price265 thousand dollars, the total area will be194 m².

Factors Influencing Prices

Housing prices in Bali in 2023 depend on a variety of factors, including:

• location
• plaza;
• property type;
• quality of construction work.

It is also worth noting that government initiatives to improve the investment climate, such as the construction of a new airport and the modernization of major transport routes, will contribute to increased accessibility of real estate and simplify connections between different regions. The stunning rice terraces of Ubud remain one of the main attractions that continue to draw attention and enhance the quality of life in this picturesque corner of Bali.

Conclusion

In conclusion of my review of the real estate market in Bali, I want to highlight the key points that make this sector particularly attractive for investors and those looking for a place to live or vacation. As we have seen, the rise in residential property prices this year is driven not only by the increase in the flow of tourists and expats but also by the overall economic trends both in Bali and in Indonesia as a whole.

Data on prices presented by Bank Indonesia indicate a steady increase in prices in the primary market, confirming a sustained interest in real estate. Each of the areas, from the Southern Coast to Ubud and Sanur, offers unique opportunities that cater to various preferences and investment strategies. For example,Bukitattracts active vacationers, while the quietUbudsuitable for those who seek tranquility and unity with nature.

Current trends in the real estate market

Furthermore, it is important to note that current trends will continue, considering the ongoing increase in tourist flow, which, according to estimates from the Central Bureau of Statistics of Bali, exceeds500 thousand tourists per monthThis phenomenon not only supports the real estate market but also provides opportunities for short-term rentals, which are becoming an important source of income for many owners.

Prospects of the real estate market in Bali

Undoubtedly, Bali remains at the forefront of the international real estate market, and the future outlook looks promising. I am confident that those considering purchasing property on this beautiful island are in for an exciting journey filled with numerous opportunities.

• The rise in housing prices this year.
• Increased demand from tourists and expats.
• Unique offers in various areas of Bali.
• Prospects of short-term rentals as a source of income.

It's time for future investors and home seekers to seize the moment and join the growing community in Bali, where life is full of vibrant experiences and opportunities for growth.