News
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Indonesia's Minister for Public Works and Housing, Basuki Hadimuljono, has announced a temporary halt to the construction of a major toll road project in Bali. The 96.2-kilometre expressway, linking Gilimanuk to Mengwi, is up for tender again, with bids being accepted from October to early November 2023. The search for a new contractor comes after...
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Bali has long remained one of the most desirable holiday and living destinations in the world, with an average of about 500,000 tourists visiting the island each month. The bulk of visitors are from China, India, Japan, the UK, and Australia. This also makes the island one of the most lucrative real estate markets for international investors....
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The government supports foreign investors and seeks to increase the influx of investors into the country. In the near future, changes will be made to the legislation, thanks to which those who wish to move to Bali or stay on the island for a long time will be able to choose a new type of visa. According to Indonesian Minister of Tourism Sandiaga...
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Many people buy property in Bali to ensure a stable rental income as the local market currently provides one of the highest rental incomes in the world. In Bali, you can get a ROI of 12-15%, while popular Thailand brings only 7-8% of income and the ROI for property in Dubai, another popular investment destination, is 6-7%. The reasons for high...
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An increasing number of foreign nationals are considering Bali as a relocation destination. Comfortable climate conditions, beautiful nature and decent quality of life attract expats. Below are some of the most popular areas in Bali for a second home. Kuta, a resort area in the south of Bali, which is one of the leading tourist destinations in...
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Investment in buy-to-let property is becoming more and more profitable. The housing market is continuing to experience strong growth in 2023, with rental property in high demand. The most popular areas of Bali are Canggu, Seminyak, Bukit and Jemagi Sesekh. According to the Bali Central Statistical Agency (BPS Bali), in the first quarter of 2023,...
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The pandemic has had a significant impact on the island's real estate market, keeping sales to a minimum. During a volatile global situation, demand for housing has fallen, and those who wanted to get rid of property have sold it at prices well below pre-Covid-19 levels. A year later, the situation changed and the influx of foreigners to Bali...
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