Invest in Bali, use the momentum
Take advantage of the momentum to invest in Bali real estate market.
How do we know that this is the ideal time to invest in the Bali property market? The hospitality sector across the globe has seen a negative impact by the COVID-19 pandemic. In Bali, the situation has not been any different. Popularly known as the “Island of the Gods”, Bali is the home to a high number of Asian top luxury villas.
Over the last few years, Bali has emerged as one of the best investment destinations in hospitality. Property prices in Bali have been rising steadily year after year. However, the latest global chain of events has presented an opportunity in disguise for investors. Many have wanted to invest in luxury villas and properties but could not do so due to increasing property prices.
When the COVID-19 pandemic hit the country, mitigation measures implemented by the government tried to curb the spread of the virus. The move drastically affected the hospitality sector; and Bali, being one of the top tourist holiday destinations in the world, recorded a significant drop in tourism travels. It was only two months ago when national tourism started that Bali began slowly to thrive again.
It is very worth noting that property prices have gone down as a result of reduced demands. In some selected properties, the selling price has decreased by a record low of 30-50%. This applies to a wide selection of land and villas. At Heritage Bali, we have received many enquiries from various investor funding groups as well as the private investors who want to take advantage of this situation. Doing so before property prices soar back to premium rates.
We believe that the moment is now.
If you have always wanted to invest in the hospitality or private sector, take advantage of the current business opportunity in Bali. You could own your dream luxury villa, resort or beach club at a competitive market rate. The Bali real estate market currently looks promising right now. We can assure you a better return on investments post COVID-19 when you invest at current market prices.
Properties such as land and villas which are located in popular tourist spots in Bali such as Uluwatu, Seminyak, Ubud, Umalas, Petitenget, and Canggu are now affordable and you can take advantage of the momentum to invest in Bali real estate and become a property owner.
Once the borders are fully re-opened, people will again start travelling on holidays. We are likely to see a sharp increase in demand for holiday villas at the beginning of the year. This will be a measure that the global economy will gain momentum and the Bali real estate market will start to recover from COVID-19 shocks and move back to its former glory.
There is a great business opportunity in Bali for potential buyers. One should grab this golden chance now. If you are an investor looking for a property or villa to buy in Bali, talk to Heritage Bali real estate agency and we will help you buy your dream Bali property.