Bali is the best place to invest in real estate in 2024
The demand of foreigners is growing rapidly due to the new "golden visas" and high profitability
What happened? According to the latest portal report Rumah123.com In November 2023, starting from the fourth quarter of 2022,...
Bali is becoming a hotspot for real estate investment
The demand of foreigners is growing rapidly due to the new "golden visas" and high profitability
What happened? According to the latest portal report Rumah123.com In November 2023, starting from the fourth quarter of 2022, Bali has seen a rapid increase in demand from foreign buyers.
The most popular locations. In the Badung region, the demand of foreigners has soared by an impressive 91.3% since the end of 2022. Over the same period, demand growth in Denpasar amounted to 55.8%.
Reasons. Experts explain the main reasons for the growing interest of foreign investors in Bali real estate by the fact that Indonesia has launched a "Golden Visa" program with a minimum investment threshold for individuals of $ 350,000.
Moreover, real estate in Bali is considered one of the most profitable in the world: prices in the primary market are growing by about 30% per year, and in the secondary market – by 6-7% per year. Renting facilities in sought-after areas can bring an annual profit of 13-15%.
