The tropical island of Bali in Indonesia is located on the west end of the Lesser Sunda Islands, in between the islands of Java and Lombok. It has been one of the most popular tourist destinations in the world for decades and continues to grow in popularity. Famed for its pristine beaches and authentic local culture, Bali has become a haven for surfers, backpackers, and travelers of all stripes. Here you will find jungles dotted with ancient Hindu temples and beaches of white sand. It’s easy to see why Bali is called “the island of the Gods”.
The lifestyle one can enjoy on Bali can be both exciting and relaxing, and it will likely come at a fraction of your living expenses back home in the Western world. The monthly cost of groceries should be around USD 300. A taxi ride starts at USD 0.49 and gasoline is only USD 0.62 per liter. Your monthly expenses plus rent and utilities will likely be between USD 300 to USD 600. Overall, life on Bali is both safe and inexpensive. It is inhabited with both friendly locals and roughly 30,000 expats, so the quality of one’s social life will never be without variety either. The exotic location of Bali, coupled with the affordable living costs makes for a magnificent lifestyle almost unheard of for many in the West.
There is a seemingly limitless abundance of villa options for sale on Bali, and the cost of purchasing one will pale in comparison to the costs that one might incur trying to purchase a villa in a comparable location like the Bahamas or Antigua. Whether you are looking for a modest one-bedroom unit starting as low as USD 180,000, or a lavish, multi-bedroom unit in the USD 1 million to 15 million range, Bali has something to fit every budget. Villas can be found in every corner of the island. There are villa communities and more remote properties that provide privacy and seclusion.
Owning a villa in Bali means owning property in one of the most desirable locations on planet Earth, and this means anyone choosing to purchase property here will always have opportunities to rent out their property when they are out of town. The ROI value of a villa in Bali increases by roughly 6-10% each year, so projections are good for the future growth of the housing market, which means the potential turnaround for profits continues to grow as well.
As Bali’s economy continues to grow, your villa’s property value will likely continue to grow with it. This makes for a sound investment should you ever choose to sell in the future. The island sees nonstop tourism year-round. The economic growth is projected at 6.0-6.4% YoY.
Where would I look for a Villa?
The city of Denpasar is the only truly metropolitan area in Bali. If you enjoy being in an urban setting, then Denpasar is your best bet. It has all the comforts of a big city, including fine restaurants, upscale shopping, and nightlife.
Seminyak- is one of the most popular parts of Bali. It has a never-ending plethora of activities to choose from. Surfing, fine dining, beachfront bars, and fine dining to name just a few. Villa options are plentiful here.
Arguably the most tourist-friendly area in all of Bali, Kuta has a reputation for being a non-stop party. This is perhaps the most popular spot for Bali’s wild nightlife. There are many property options to be found here.
Further inland and much less populated, Ubud is an ideal location for those looking to be closer to Bali’s ancient temples. It is located closer to the jungle, approximately an hour’s drive from the popular beaches. Villas aren’t as plentiful here as they are near the beach, but there are still many locations to choose from.
Extremely popular with surfers, Nusa Dua boasts some of the most glorious beaches that Bali has to offer. This is a great spot for those looking for less-crowded beachfront. Many villa properties can be found in Nusa Dua.
Popular with families and retirees, Sanur is known for its comparatively slower pace and is an excellent option for those who prefer to take it easy. The beaches here are pristine and there are plenty of villas to choose from.