Is COVID-19 getting you down? Has lockdown slowly sent you stir crazy? Now is the best time to realize your dream of buying Bali villa.

COVID-19 has only marginally affected real estate prices in Bali, and there are deals to be had. You can thank us later!

For those buying Bali Real Estate, COVID-19 is a great opportunity rather than a problem.

Prices over the last four to five years have been increasing year on year, and the COVID-19 pandemic has put a halt to these steady gains. For most would be Bali real estate investors; this is excellent news as it’s now a buyer market.

Vendors who are keen to sell their property have been even keener to sell their villa or land as COVID-19 bites into the holiday villa market. While this is not good news for the sellers, it does present some golden opportunities for those astute buyers that have been watching Bali Real Estate prices climb.

COVID-19 has meant that villas or land, especially in popular tourist hot spots like Seminyak, Canggu, Sanur or Ubud is now within reach of a whole lot of potential buyers that we’re unable to afford to buy their slice of Bali real estate heaven. Over the past years, the dream of owning your villa was simply out of reach.

As a real estate agent, we have seen many Australian, and foreign buyers walk away from the market because of the rising US dollar and the massive demand for villas. Prices started to escalate, and there was no end in sight; up until COVID-19. Since last year, we are starting to see a combination of factors bring the price of Bali Real Estate down. These include the Aussie dollar v’s US dollar plus the reduction in demand for holiday villas as borders remain closed.

Villa owners are now holding assets that are unrented and costing hefty monthly maintenance fees. While this will not last forever, because borders cannot remain closed for lengthy periods, the astute buyer is now in the driver’s seat and can negotiate a tad harder than before.

Real estate prices in areas like Seminyak and Canggu have come down by 10-15%, and there are even villas offering up to 30% reductions. If you’re in Indonesia, you can go to Bali during these COVID-19 times to inspect any villas, but if you’re a foreigner, you will have to use any virtual communication platform to speak to the agent.

As an agency, we want to provide you the real time information regarding your villa investment in Bali. Anything that can help you to increase the chance of getting provit of your Villa investment, such as ROI, Revenue Projection, and etc, we are here to help you and be your trusted investment buddy.