Indonesia is a former Dutch colony, so residents in different regions can speak different languages. But the official language is Indonesian. For foreigners, the Indonesian destination has become popular relatively recently. And Bali Island became the most in demand. Since 2024, the authorities have slightly simplified the process of buying real estate by foreign persons. The Bali Regional Office of the Ministry of Justice and Human Rights (Kanwil) has confirmed that foreigners with any residence permit and any type of visa can rent, buy and arrange real estate of any type. However, be careful! When buying, for example, secondary real estate in Bali, do not forget that there is a minimum cost for foreigners, which varies depending on the region.
According to analysts, along with the growing number of tourists in Bali, the cost of housing and its rent is steadily increasing. On average, the annual rental rate increased by 15%. Accordingly, income from the rental business increased by 12%, and in more prestigious areas by 15%.
Many apartment owners in Bali's secondary market pay attention to the fact that the island is populated and developed unevenly. Therefore, as investors, you will benefit from areas that are popular with tourists. These include the Seminyak resort, Changu and the Bukit Peninsula.
Seminyak is a resort that is "well-known" to most tourists. It is especially easy to rent apartments on the first coastline here, despite the fact that the rental price increases every year. So, in 2023, during the peak months — February, March — the cost of rent increased by almost 28%, in 2024, according to forecasts, it may also increase by autumn. Due to the fact that Seminyak is popular with investors, there is practically no free land left, so secondary real estate in Bali, including this resort, has become in demand. On our website you can consider offers for Seminyak.
Changgu is most often chosen by foreigners who come here for a long time. And although the cost of real estate here is also increasing every year, secondary housing in Bali is often chosen by surfers, for whom the waves of this beach are the best. A successful investment would be to purchase a villa in the Changgu region, which can be rented by a family or a company of several people.
Bukit is another favorite place to surf. It is here that the world-famous Padang Padang and Uluwatu waves are located. Real estate here can be found cheaper than in Seminyak and Changu, but at the same time, the demand for rental housing is in demand all year round.
Other areas of Bali, which are not so popular with tourists, but without the “tourist noise”, are chosen by immigrants and digital nomads who have settled in these parts for a long time. Some of them are trying to buy real estate in the secondary market of Bali without intermediaries, but it does not always turn out to be profitable. After all, it is much safer to make transactions in cooperation with a trusted agency.
