The island of Bali is dotted with beaches and washed by the Indian and Pacific Oceans, making it one of the most popular tourist destinations in the world. This attracts investors who are looking to buy property for sale in completed residential projects in Bali from a developer for rent.
Advantages of Buying Real Estate from a Developer in Bali
Buying real estate in Bali from developer has a number of advantages:
- Novelty and modern design. All new buildings in Bali meet modern construction standards.
- Quality guarantees from the developer. Housing is sold with a guarantee and the ability to resolve all issues with the quality of the off-plan projects in Bali through the developer.
- Investment attractiveness. Real estate in Bali continues to rise in price, which means it is a good long-term investment.
- Flexible payment terms. Developers often offer installments or preferential payment terms.
Features of New Residential in Bali
New buildings in Bali have their own unique features that distinguish them from other objects:
- Eco-oriented construction. Projects are developed taking into account environmental standards, including energy-efficient technologies, so as not to pollute the nature of the island.
- Variety of layouts and areas. You can choose housing of any size - from cozy studios to spacious villas.
- Developed infrastructure. Developers include swimming pools, sports grounds, recreation areas and even commercial spaces in their projects.
- Compliance with international standards. Most new complexes are built taking into account the requirements of foreign investors, which ensures a high level of comfort.
Cost of Housing in New Buildings in Bali
The cost of new housing in Bali varies depending on the type of property, its location, area and level of equipment. Apartments on the island are presented in various formats: from studios to multi-room apartments:
- Studios: the area is usually from 22 m². The cost starts from $ 50,000.
- One-bedroom apartments: the area is about 40-60 m². Prices vary from $ 90,000 to $ 180,000, depending on the area and level of the complex.
- Two-bedroom apartments: the area is from 80 m². Prices start at $195,000.
Villas are a popular choice for those looking for spacious accommodation with a private plot and pool.
- Compact villas: area around 80-150 m². Prices start at $208,000.
- Medium villas: area 150-250 m². Prices range from $315,000 to $700,000, depending on location and amenities.
- Luxury villas: area over 250 m². Prices can reach several million dollars, especially in prestigious areas.
Townhouses offer a combination of the amenities of an apartment and the privacy of a home.
- Area: around 100-150 m².
- Cost: prices start at $250,000 and can reach $280,000, depending on the area and level of the complex.
According to data for the first quarter of 2024, prices for new buildings in Indonesia increased by 1.89% year-on-year, which is higher than the last quarter of 2023 (+1.74%). The growth in prices for small-sized properties is especially noticeable, having increased by 2.41%.
Popular Areas of Bali for Purchasing Housing in a New Building
Let's consider the most popular areas where you can buy housing from a developer in Bali:
- Canggu. Ideal for young people and lovers of an active lifestyle. Here you will find trendy restaurants, beaches and modern new buildings.
- Seminyak. An elite area known for its vibrant nightlife and exclusive boutiques. An excellent choice for investing in luxury real estate.
- Ubud. The cultural center of Bali, surrounded by rice terraces and forests. Suitable for those seeking peace and harmony.
- Nusa Dua. A resort area with white beaches and premium residential complexes. High and premium class properties are concentrated here.
- Jimbaran. An area with excellent conditions for family life. The new housing stock is represented by spacious villas and apartments.
