The Perfect Blend: Travel, Property, and Profit in Bali Investment Market
Bali has long ceased to be associated only with vacations and paradise beaches. Investors from all over the world are showing great interest in the island, and for good reason.
Foreign coastal properties are a popular destination for families and investors. The former are looking for real estate to come on vacation, while the latter are aware of the investment attractiveness of such lots. Thus, real estate prices in Canggu by the sea increase annually, so you can make a profit from resale. The coast is also popular among those dreaming of living near the sea.
Why buy property in Bali
Before selecting investment options you should determine your goals for purchasing real estate. The selection criteria, acquisition conditions, and other important points will depend on this. For example, one of the questions that is worth asking yourself is whether you plan to sell real estate, for example, in 5 years?
So, what could your goals be:
- buying real estate for life;
- to generate rental income;
- combined: for example, purchasing real estate for living + rental business.
The criteria for choosing real estate will depend on what goals you set for yourself.
Canggu – a perspective location
It is the main tourist location and one of the most attractive areas for investment. Everything is close here: the ocean and developed infrastructure with restaurants, bars, shops, schools, medical centers, and more. Densely built-up area.
Type of accommodation: villas or hotels. There is a shortage of good hotels in Canggu; there are practically no land plots left in this area to construct large facilities. More than 97% of the entire area has already been built up. The remaining part of the land is plots to construct single villas.
Even though the hotel format is very popular in Canggu, in Indonesia, there are practically no normal options, although there are many offers on the market. With villas, things are also not easy. In this area, at one time, many villas were built from cheap building materials without thoughtful design. This led to the objects quickly becoming worn out and losing their attractiveness. So, more or less acceptable villa options are occupied for many months in advance.
Investment: Canggu is one of the most promising options in terms of investment because space is very limited - there is simply no free land. The developed infrastructure makes this area the most attractive compared to others. Quality real estate here will become more expensive over time since new large complexes will not appear, and demand will continue to grow. This is an undoubted advantage over other areas. Now, Canggu continues to be built up with small complexes without amenities or villas.
Things you can see and do in Canggu
Canggu - relaxation away from the bustle, among the rice fields, and along with the ocean. Canggu is an amazing place on the southwest coast of Bali, located just north of the famous resort of Seminyak and adjacent to other secluded areas of the island - Tanah Lot and Tabanan.
Here, everything is conducive to a relaxed life for the islanders - traditional Balinese rice terraces, orchards, lush tropical vegetation, pristine beaches, and the absence of noisy parties and crowds of tourists. Canggu has calm traffic, small, cozy restaurants, several spa salons, and supermarkets where you can buy everything you need even for a long life on the island.
Quiet Canggu is a less popular tourist destination than Kuta or Seminyak. However, it has everything you need for a wonderful holiday in Bali. Many Europeans even chose this area for their permanent residence on the island and moved here with their entire families. Here, Bali's rustic charm is combined with comfortable villa rentals, beach cafes, surf schools, and yoga centers.
The beaches of Canggu stretch for eight kilometers. The sand is black, of volcanic origin, and there are practically no umbrellas or sun loungers anywhere, which creates an indescribable atmosphere of a wild beach, and a pleasant breeze constantly blows from the ocean, which makes it easy to endure the heat even in the driest months of the year. Canggu often has good slow waves, which will appeal to surfers of all levels. For beginners and advanced athletes, there are several popular surf spots - Brawa Beach, Old Man, Batu Bolong, Echo Beach, and Pererenan. Professional surfers have the opportunity to conquer even very high waves of two meters every day - far from the coast of Canggu, and there is an impressive stone reef that forms perfectly voluminous waves.
You can go kitesurfing on the beach near Hotel Tugu. If the soul asks for beauty and the body for peace, it is worth visiting one of the yoga centers in Canggu or visiting the main attraction of this area - the beautiful Tanah Lot temple on the water. The latter is a functioning Hindu temple of Bali and is a cultural symbol of the entire country.
For the entertainment of adults and children, Canggu has a large sports club called "Canggu Club". This premium entertainment facility occupies an area of over four thousand square meters. It offers visitors a fitness center, spa complex, swimming pool, tennis court, restaurants and a sports bar, many water activities for kids, bowling, trampolines, and much more.
Canggu Club is the only establishment in Bali, so tourists from other resorts often come here. You can stay in Canggu in luxurious villas overlooking the rice terraces or the ocean, book a hotel room, or choose the most budget option and rent a room in a guesthouse, following the example of European students living in Bali all summer.
Is it possible to buy property in Canggu by the sea remotely?
On the website Bali.Realestate you can buy real estate in Canggu on the seashore remotely. To do this, select remote transaction. In such transactions, it is required to issue a power of attorney in the name of the realtor. After the client has found out how much real estate in Canggu by sea costs and has chosen a suitable property, he must leave a request. The company manager will explain the purchase terms and help you complete the transaction remotely.
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