According to research conducted by Knight Frank, Indonesia, is the place where the prices for luxury property increased more than anywhere else in the world by the year 2012. Bali, the heart of Indonesia, has long been famous not only for its natural landscapes but also for the luxurious life. The property business in Bali has increased rapidly, especially luxury ones. Thus, investing money in elite property Bali is a greater way of keeping the money rather than in the bank.
The rise of elite property Bali
When talking about elite property Bali, we are speaking of those luxury villas and resorts that have an unreachable price. But, how fast is actually this business growing? Let’s name one of the fastest growing areas in Bali which called Seminyak. In only ten years, Seminyak has changed dramatically, from the area surrounded by rice paddy fields and mostly populated with farmers to a vibrant area where tourists spend quite a lot of their money for a lunch with a rice paddy field view. Seminyak is today filled with luxury villas, fine restaurants and the fanciest hangout places in Bali. All of these businesses are certainly are standing in a highly valued property.
The prospects of investment
Elite property Bali is not only a great prospect for foreign investors and firms but also domestic investors and entrepreneurs. There are no reason for not investing your money in this one of the world’s fastest growing investments. The island of Bali always attracts international and local tourists. This means a great fortune for the investors and capital holders. Buying a real estate in Bali and transforming it into a nice villa or entertainment area will never stop the money coming to you.
The most profitable areas to invest in Bali
Since tourism is the promising field of business in Bali, investing money in elite property Bali must also consider the touristic area. Popular areas such as Seminyak, Canggu, Ubud, Sanur, Nusa Dua, and South Kuta are among the great places to put an investment. Due to the high volume of transactions in these few years, the price for property in these areas keeps increasing. The increasing price has even reached the amount of 20-40 %. There are certainly a few other things to consider before investing your money in an elite property Bali. However, as American investor, Robert Kiyosaki, said, “It is not the investment that is risky; it is the investor who doesn’t have the adequate skills that are making an investment a high risk“.