The year of 2021 was indeed not the best type of year you could “start” your Bali real estate investment. However, 2022, 2023 and 2024 show massive different in Bali villa market.

Since the pandemic was over, almost every type of industry around the globe is starts shows it’s progress. Real estate industry is indeed influenced by how the world goes, and so is Bali’s.

2024 could be a great starting point for your Bali real estate investment.

In 2024 expectation, housing market will be more crowded than last year. While the real estate industry is getting itself ready to be super close to its normal condition. In prediction, housing prices will meet an uphill battle, but it definitely will be much better than 2021.

“What about the housing market in Bali then?”

In the island of Gods, Bali, the housing market has been doing great with modern enclosed-living room villas.

“What does exactly the word enclosed mean?”

An enclosed space is any room, enclosure, or building which in the absence of artificial ventilation. The air movement will be limited and any flammable atmosphere will not be dispersed naturally.

It’s getting popular in Bali as the weather becomes hotter. Especially for residential living, you would expect the place as comfortable as possible to be your home. It’s mostly including air conditioner (AC), and you can even open it if you want to get fresh air breeze. Two great possibilities to have in a villa!

The enclosed type of living room has been popular in the end of 2021-2022. It will still be popular in 2024.

Type of Bali villa investment bring a new game changer, what are the most purchased Bali villa style in 2022 that will be continuesly increase in 2024?

1. Modern Industrial: The semi finished style villa is surprisingly become one of the highest demand on market. For the investment wise, modern industrial villa type become the type of properties that people most renting since 2022-2023.
2. Mediterranean: Whenever you go, your eyes will be served by Mediterranean villa. Either for rent or photo shoot, mediterranean villa become one of the villa style that bring high occupancy rate for every owners in the island.
3. Brand new: People love brand new, our clients are requesting more and more brand new villa, considering low hustle to renovate. Off course when you put it on the rental market, brand new villa always bring great testimony and it’s good for the long run of your investment.
4. Off-Plan: Construction, construction and construction. Everywhere you go, you’ll definitely see developments I happening. People are building and the demand of Off-plan Bali villa is increasing day by day. No questions why this type of Bali villa investment become a game changer in 2024.

“Looking great. Which areas do you recommend to invest?”

Some areas in Bali that might attract you are Canggu and Pererenan. These areas have been popular among real estate investors. It is indeed the best areas in Bali for real estate market based on supply and demand so far. Also add Uluwatu & Bingin which experiencing huge demand and development since mid 2022.

Nowadays, North Pererenan (Tumbak Bayuh, Tiying Tutul) and Seseh are also highly recommended as it performs as well as most-sought areas. With still close proximity to popular Canggu and beach, you may still experience calming ambience with still many greeneries around, and enjoy lower property prices.

“Okay, what about the amount of price I should comfortably invest?”

The price range you could expect to get decent villa with compact size is:

• Between IDR 8-13 Billion for freehold
• Between USD 250,000 – USD 450,000 for leasehold

As a real estate agency, according to our market, research, and the experience we hold, we believe that 2023 is the best year for you to start your journey in real estate industry. We are here to be your real estate investment buddy that could help you get the best deal in the market! 

So, are you ready to be a new real estate investor in Bali in 2024?

Get started by browsing our selected properties or send us a message at:

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