• Construction of the Gilimanuk-Mengwi expressway in Bali temporarily halted

    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...

    Read more
  • Bali remains one of the most lucrative real estate markets for international investors

    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....

    Read more
  • Bali introduces new visa

    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...

    Read more
  • Bali real estate market becomes more and more popular with foreign investors

    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...

    Read more
  • Top destinations in Bali to move to in 2023

    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...

    Read more
  • Increasing tourist flow in Bali boosts demand for property rentals

    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,...

    Read more
  • Development prospects of Bali’s real estate market in 2023

    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...

    Read more
Subscribe to newsletter