7 Best Areas to Invest in Bali Real Estate Market 2024

  • Bali Villa Realty by Bali Villa Realty
  • 4 months ago
  • 0

Bali’s property market has changed significantly over the past 10 years.

In the past, Kuta was the most popular and visited place for tourists…

But what about in 2024? Where are the most profitable and sought-after locations in Bali that can help you earn a high rental income?

Don’t worry…

In this article, we’ll show you the prime locations in Bali and shorten your research time to find the best locations for your property investment.

But what makes a location in Bali so profitable compared to others?

Though Bali is a popular destination and, in fact, the second most visited for its excellent hotels, restaurants, and more…

Even surpassing big cities like London, Paris, Bangkok, and NYC…

Not all areas in Bali are considered profitable.

Finding a profitable vacation rental depends on some factors, such as:

  • Its proximity to popular tourist attractions, beaches, and amenities.
  • The level of development and infrastructure.
  • The area’s exclusivity and demand for rentals from tourists and expatriates.
  • A unique charm, cultural significance, or exceptional natural view.

Now, property in a location with at least one or all of the above can offer higher rental yields. 

Top Destinations for Vacation Rental Investments in 2024

In Bali, one area that offers foreign property investors a high rental yield is the Badung region. 

Badung is leading at 48.2% in popularity due to a high concentration of tourist activities, giving almost 5% return yield higher than the capital city, Jakarta.

The area in Badung includes:

  1. Canggu
    • Berawa
    • Pererenan
    • Seseh
  2. Seminyak
  3. Uluwatu
  4. Jimbaran 

Now, let’s break down these areas one by one and see what makes it popular. So you can start having a profitable rental income.

1. Canggu

What makes Canggu so appealing?

It’s because it has lots of options for cafes, restaurants, and beach clubs…

Canggu also offers stunning ricefield views overlooking your property or alongside the road. 

Due to its popularity, traffic can be bad at certain times, but the good thing is you can access it easily by bike.

Diverse dining options, ricefield views, and appeal to expats and digital nomads. 

And the best part is the amazing beaches… you can access plenty of beaches like

  • Echo Beach is popular with its surf breaks and seafood cafes. 
  • Batu Bolong Beach attracts surfers and families with its gentle waves and vibrant beachfront scene. 
  • Berawa Beach is a favorite for its mix of relaxation and surf, complemented by beach clubs and sunset views. 

These beaches significantly contribute to Canggu’s popularity among solo travelers and families alike. 

That makes owning a villa you can rent out in Canggu so profitable.

Also, analysts predict that rent prices on the island are expected to rise by 15-20% annually, while the forecast for average real estate occupancy throughout the year ranges between 65-80%.

See also : All you need to know about Canggu

2. Seminyak

Seminyak in Bali is well-known for its stunning beaches, such as Double Six Beach and Petitenget Beach, attracting tourists with their lively scenes and beautiful sunsets. 

This area is also home to upscale places to stay, including bars and beach clubs, like Potato Head Beach Club and Ku De Ta, where visitors can enjoy drinks and music right by the sea.

These features make Seminyak a favorite for tourists looking for a mix of beach time and fun. 

Because of this, properties in Seminyak can be rented out for higher prices, especially those close to the beach or with good views. 

Seminyak is seen as a trendy and classy place, which means investing in property here can be very profitable. 

Not only can you earn a lot from renting out properties, but the value of these properties may also go up over time. 

For investors interested in Bali’s tourism industry, Seminyak offers a great chance to make money because of its luxury, lively atmosphere, and beautiful beaches, leading to a good return on investment.

See also : Explore the Best Properties Near Seminyak

3. Uluwatu

Uluwatu in Bali is a prime location for property investment, particularly because it is home to the renowned Uluwatu Temple. 

This area attracts visitors not only for its spiritual significance but also for its cultural offerings, such as the Balinese Kecak dance performances against the backdrop of stunning sunsets. 

Additionally, Uluwatu’s proximity to beautiful beaches like Nyang Nyang Beach, Padang-Padang Beach, and Suluban Beach makes it a hotspot for surfing enthusiasts.

The unique combination of cultural depth and surf-friendly beaches draws a consistent stream of tourists to Uluwatu, ensuring a high demand for rental properties.

Therefore, investing in the Uluwatu property can be a lucrative decision, as the consistent interest from tourists seeking cultural experiences and beach activities guarantees a profitable rental yield. 

This makes Uluwatu an attractive option for those looking to invest in a location that appeals to a wide range of visitors.

See also : Underrated Bali Location for High-Yield Property Investments

4. Jimbaran

Jimbaran in Bali is an ideal spot for property investment due to its strategic location near the airport and its accessibility to stunning beaches and scenic cliff views. 

The area is surrounded by numerous beaches, such as Kelan Beach, making it convenient for beach lovers to indulge in sunbathing and swimming activities anytime. 

The proximity to the beach also means residents and visitors have easy access to fresh seafood, enhancing Jimbaran’s overall living and dining experience.

Moreover, Jimbaran is known for its trendy spots, including the famous Rock Bar, attracting locals and tourists looking for a place to relax. 

The Jimbaran Fish Market offers an array of fresh seafood at affordable prices, appealing to seafood enthusiasts. 

This blend of natural beauty, convenience, and vibrant lifestyle makes Jimbaran highly attractive for rental property investments. 

The demand for accommodations is consistently strong, driven by tourists seeking tranquility and accessibility, promising property investors a higher rental yield in this area.

See this : Why Canggu, Seminyak, and Uluwatu are Top Investment Hotspots in Bali

Looking for an affordable yet profitable area?

With the popular locations come higher prices… the property in these areas is more expensive because of the proximity to many attractions.

But if you still want a good return for your rental in Bali… but still affordable, consider these 3 places:

1. Ubud

Ubud in Bali is well-known for its deep Balinese culture, offering traditional Balinese dance shows and historical sites that attract visitors interested in learning about the culture. 

This area is surrounded by attractions like the Sacred Monkey Forest Sanctuary, Tegalalang Rice Terrace, and many old temples, providing a full cultural experience.

For foreign investors and tourists, Ubud offers a great chance to invest. 

There’s a high demand for places to stay that offer a quiet spot close to nature and culture, leading to good profits from rentals. 

Properties that give a real Balinese experience, especially those close to nature or with views of Ubud’s green surroundings, are in high demand. 

Ubud attracts tourists looking for yoga, meditation, and wellness retreats, increasing its investment potential.

Investing in Ubud is an opportunity to enter a market that values calm, culture, and nature. The steady flow of tourists interested in culture ensures a constant demand for rental properties, making Ubud a smart choice for those wanting to invest in Bali’s tourism industry. 

The mix of cultural attractions and natural beauty makes Ubud a top place for getting higher rental income, offering a profitable investment option in Bali’s varied tourism market.

2. Seseh

If you want a location close to Seminyak and Canggu but still affordable, discover Seseh.

As Seseh is still developing and not a lot of properties are being built…

Now tourists are looking for a quiet place and a retreat from the busy Canggu and Seminyak offers.

Finding land or building a villa with a beachfront view is also easier.

Seseh isn’t as crowded with tourists, making its properties feel more exclusive and desirable. 

With Bali becoming more popular worldwide, there’s a growing demand for quiet and private spots. 

Investing in Seseh now could lead to big profits as more people discover this quiet gem.

3. Munggu

is another location close to Seminyak and Canggu but still affordable, then Munggu is the place. 

It’s the best place to explore authentic Balinese culture…

Munggu is a small village in southwest Bali, not far from Canggu. 

It’s known for its rice fields, local Balinese buildings, and peaceful environment.

If you’re targeting tenants looking for a quiet place with a real Balinese feel, try Munggu. 

Though it’s still a developing area, the village has some nice cafés, restaurants, and local markets.

Munggu is an excellent investment choice due to its natural beauty and potential for sustainable growth. 

It’s also near famous tourist spots like Canggu and the Tanah Lot temple. 

Buying property in Munggu is a wise decision because the area is natural and has room to develop in a way that’s friendly to the environment.

Munggu’s real estate market presents a unique opportunity for investors seeking more affordable properties in Bali. 

Unlike the more developed areas, Munggu offers lower prices for land and development projects, including villas and resorts. 

This affordability, combined with the village’s peaceful ambiance and authenticity, makes Munggu an attractive investment destination.

Conclusion

These are places that are trending in 2024 for you looking for a profitable investment in Bali.

Here’s the beautiful part, with this information you can start looking for property in the most sought-after area in Bali and start getting a high return on your investment.

You can see the similarity of property that gives you a high return is close to the beach, offers more attraction, and promises you a high rental income… but they also cost more.

However, it doesn’t mean you can’t get profitable rental yields in other locations that are more affordable.

Whether you’re a beginner investor or a veteran, investing in Bali can offer you lucrative returns.

What do you think of the locations above? Are there any places you see growing in Bali that few people are talking about?

See also : The Top 7 Factors when selecting the best locations to invest in Bali

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0 thoughts on “7 Best Areas to Invest in Bali Real Estate Market 2024”

  • zoritoler imol

    Hmm is anyone else having problems with the pictures on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog. Any suggestions would be greatly appreciated.

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