Should you buy property in Bali?
Bali is a tourist pearl of Indonesia, and therefore real
NEWS
Stay updated and informed about our project and life in Bali
Stay updated and informed about our project and life in Bali
Berawa, the trendy sister to Canggu, has quickly become Bali's foodie capital with its chic boutiques, hipster cafes, and epic restaurants. This vibrant neighbourhood offers a mix of culture, cuisines, and cool cafes, making it a must-visit for food enthusiasts and surfers alike.
For a perfect brunch in Bali's boho neighbourhood, try Canggu's top cafes, known for their vegan breakfasts, big burgers, and avocado-topped dishes. Enjoy Bali's best breakfasts and gourmet brunches across Batu Bolong, Berawa, and Pererenan, with great coffee, before heading to the beach, spa, or bars.
Since October 2023, construction has been underway on Leaf-Bali's limited collection of six tri-level villas, heralding a new era of luxury living in Bali. Situated in the heart of Berawa and Canggu, this limited collection of investment properties is meticulously designed to the highest standards of sustainability and luxury, featuring 3 and 4-bedroom options with a home office setup and offering a guaranteed 16.7% annual ROI.
The couple opted for Bali over Thailand, the Philippines, and Portugal after research showed Bali offers a 15% annual return on investment for short-term rentals, significantly higher than the 5-10% in other markets, and easier building regulations for foreigners, according to ILA Global Consulting.
Watch our ground breaking ceremony as the locals bless the land for construction
What's life in Bali, Indonesia like? We explore the often-forgotten local side of one of the most famous islands in the world.
Bali is a tourist pearl of Indonesia, and therefore real estate on the islands is one of the most profitable areas for investors. Find out what type of property and in which areas of Bali is best to buy, how to find the best deals, and how much you should expect to spend.
Canggu is no longer a place only for hipsters, instead attracting trendy jetsetters and sassy fashionistas from far and wide to this cool and quirky beachside town. Sure, laidback island living and bohemian vibes are still at the forefront here, they’ve just been joined by next-gen globetrotters and in-the-know fashion lovers.
Leaf-Bali has engaged the international interior design studio, Somewhere Concepts, led by the brilliant Chelsey McPhedran. Celebrated for her work on luxury villas across Southeast Asia, including Bali’s River House and Lombok’s House of Herring, Chelsey brings unparalleled expertise to our villas.
Bali is a tourist pearl of Indonesia, and therefore real estate on the islands is one of the most profitable areas for investors. Find out what type of property and in which areas of Bali is best to buy, how to find the best deals, and how much you should expect to spend
Bali is an island that is simultaneously recognized as the most desirable destination in the world according to Booking, the best tourist destination according to Tripadvisor and the top region for investment attractiveness according to Forbes.
Foreigners can invest in Bali’s economy without having Indonesian citizenship, and there are no mandatory residence requirements.
How to settle on this paradise island? Everything you wanted to know about investing in the most profitable location in the world is told in this material.
Bali is a great place to buy property for both a second home and an investment, as the island is not only full of charm but also has untapped potential.
According to experts, the amount of net profit from the sale of apartments purchased at the construction stage will be 44% in three years. When renting real estate, you can return the investment in 5-6 years.
Another benefit of investing in Bali, aside from the high income potential and high demand for vacation rentals, is that foreigners can invest without having Indonesian citizenship—it’s a lot easier than it seems.
The economy of Indonesia is actively developing, now the country ranks 7th in the world, it is planned that by 2030 it will become the fourth. Economic growth in Indonesia remains stable. The latest data released by BPS-Statistics Indonesia shows GDP growth of 5.03% in the first quarter of 2023, up slightly from 5.01% in the previous period. The local currency, the rupee, is quite stable, the maximum fluctuation against the dollar since 2016 was 13%. The inflation rate in the country varies between 3-5.5%. Indonesia has a stable political situation. The state maintains neutrality in world political issues. Investing in Indonesia’s economy is as safe as possible, because in the category “Investor Protection” Indonesia ranks 10th in the world.
In 2023, Bali took second place in the world among the most popular tourist destinations and was recognized as one of the most Instagrammed places in the world. On average, 500,000 tourists visit the island every month. Most travelers come from China, India, Japan, Great Britain and Australia.
In terms of investment attractiveness, Bali ranks 4th in the world. A significant advantage is that the island is constantly developing. In 2022, the reconstruction of the port in Sanur was completed. At the end of 2023, they plan to open the international hospital Bali International Hospital, which is being built in cooperation with the Mayo Clinic USA.
2024 will be the year of reconstruction of the island’s transport system: the Gilimanuk – Mengwi expressway will be built, which will pass through the entire island and connect Bali and Jakarta. Passenger traffic will also increase to 14 million per year due to the renovation of the Gilimanuk port, a key passenger and cargo hub between the islands of Java and Bali.
In 2025, Paramount park – the largest theme park from the world-famous Paramount brand – will open in Bali.
In recent years, Bali has become a center for real estate investment. The market is expected to continue to grow in the coming years due to the growth of the economy, which is steadily developing, in part due to the booming tourism industry.
One of the key trends we can expect to see in the Bali real estate market is an increase in demand for luxury properties. Bali has always been known for its luxury resorts and villas, but in recent years there has been a sharp rise in demand for luxury residential properties. Investors are flocking to Bali to purchase luxury villas, beachfront properties and high-end townhouses.
The Indonesian real estate market is expected to grow from USD 61.22 billion in 2023 to USD 81.24 billion by 2028 at a CAGR of 5.82% during the forecast period.
Real estate in Bali has one of the highest yields in the world. On average, 15% per year, without taking into account the increase in the cost of housing. For comparison, the average real estate yield in the world is 5%.
The cost of rent on the island increases by 15-20% per year on average. Average real estate occupancy during the year is 65-80%. Therefore, the purchased real estate can be repaid in 5-6 years.
Bali is a great place to buy property for both a second home and an investment, as the island is not only full of charm but also has untapped potential.
According to experts, the amount of net profit from the sale of apartments purchased at the construction stage will be 44% in three years. When renting real estate, you can return the investment in 5-6 years.
Another benefit of investing in Bali, aside from the high income potential and high demand for vacation rentals, is that foreigners can invest without having Indonesian citizenship—it’s a lot easier than it seems.
One of the best places in Bali to invest in real estate is Canggu, a trendy and popular seaside area that is sometimes called ‘kampung bule’, which translates to ‘foreigners’ village’. The demand for apartments in Canggu is very high. Also, some areas of Canggu are still developing, this factor provides significant potential for novice investors.
Foreigners in Bali can buy land, apartments or villas. In general, the choice of the type of real estate depends on the investor’s goal.
However, apartments can be an ideal option, thanks to the relatively low level of investments, compared, for example, to the purchase of a villa, as well as wide functionality:
● a great real estate option for living;
● a good tool for receiving passive income – renting with the support of a management company that undertakes the search for clients, service and solving all organizational issues;
● a profitable option for resale – you can buy apartments during the construction stage and sell the property immediately after its completion (or even in the process) and receive almost 50% of the income from the sale.
When buying apartments at the construction stage, it is important to choose a reliable developer:
● first of all, check all documents: land rights, building rights, tax documents. The consultation of a highly qualified lawyer will help to understand all the intricacies of Indonesian legislation.
● then check the list of works of the developer – it is better if the company already has completed projects.
Bali is a tourist pearl of Indonesia, and therefore real
Please subscribe to the Sanctum Mailing list to receive updates on the Leaf Project, information about upcoming projects, and an insider’s guide to what is happening in Berawa, Canggu and Bali in general.
Please feel free to reach out and contact us. There are only three 100% ownership (and one 50%) opportunities left, and we can arrange a virtual or face-to-face discussion covering the properties, their specifications, the legal and tax elements of buying, our property management team, the development team etc.
Please feel to reach out and contact us – there are only five opportunities left (we are going to keep one!) and we can arrange a virtual or face to face discussion covering the properties, their specifications, the legal and tax elements to buying, our property management team, the development team etc.
In the first instance, please contact …
Stephen Gough, Sales Director – PT Sanctum Villas Bali