Indonesia: 10 reasons why Bali real estate sector will soar
Property Report Asia has put together some compelling arguments as to why the real estate market in Bali is set to grow significantly in the medium term.
The most compelling arguments are:
The most compelling arguments are:
- Record tourism numbers – up 22.7% Y-O-Y despite global slow down
- Baby boomer generation in places like Australia fueling demand for a cheap place in the sun
- Limited supply – Finite amount of beach front real estate on a relatively small island
- Affordable prices – Bali homes and villas are 50% cheaper than competing locations like Phuket in Thailand. Luxury villa’s with pools are available from $159,000
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