Advantages of Indonesia
The combination of these advantages makes Bali the most attractive property investment location among other regions in the growing property market.
Tourism in Bali accounts for approximately 80% of the total income. The tourist season here lasts year-round! In addition to visitors from the post-Soviet space and Australia, Bali attracts tourists from the USA, Europe and Asia. It is a popular destination in the domestic market. This means that investors can generate income from rental real estate throughout the year without having to put properties into storage or experience profit losses during periods of downtime.
Infrastructure and comfort
Bali boasts a well-developed infrastructure for living and recreation, with numerous schools and preschool educational institutions featuring multilingual instruction, as well as museums and exhibition centers. The island is also renowned for its numerous retreats and SPA centers.
Indonesia is a developing country with a growing population, exceeding 273 million people as of 2021. It represents a substantial market with significant potential. The country’s economy ranks 16th in the world and is projected to reach the 4th position by 2045. Indonesia’s GDP grew by 11% in 2021, marking the first post-Covid year, reaching a historic high of US$1,3 trillion.
Unique Cultural Atmosphere
Bali’s culture is an enchanting of spirituality, religion, tradition and art. Trditional Balinese art is an organic extension of the island’s Hindu religion, and Bali is celebrated for its skilled craftsmen, including woodcarvers, batik workers, painters, gold and silvermiths, as well as dancers and dramatists.
Fast-growing real estate market
The real estate market on Indonesia’s most touristy island grows at an average rate of 10% annually. As of the end of the second quarter of 2024, Indonesia ranks third in the world in terms of economic growth and foreign investment.
Investment climate in Indonesia
Indonesian legislation permits foreigners to purchase real estate and obtain a residence permit (kitaskitap) based on ownership.