The island of Bali has indeed become one of the tourist destinations that are not only known nationally but also known globally. Before the pandemic, tourists coming to Bali continued to increase. In 2018, 6 million recorded tourists came to Bali, in the following year 2019 there was an increase in tourist arrivals of up to 300,000 tourists to 6.3 million people. This shows that the popularity of Bali as a tourist destination is getting higher in the eyes of tourists around the world. These factors become programs that are continuously maintained by both the Regional Government and the Central Government. As a result, the island of Bali was named the most famous tourist destination in the world based on Forbes Magazine.
Based on these facts, it is not surprising that many National Developers are developing their projects on the island of Bali to Buy property in Bali. One of them is The Royal Aditya Residence, Damara Village, Beachwalk Residence, Suga Living Bali, and Ciputra Beach Resort. These projects are the result of the development of various trusted developers in Indonesia. The number of developers developing projects on the island of Bali shows that property investment on this island is very promising. Location is indeed one of the factors that make property investment on the island of Bali so promising. This is evidenced by the ever-increasing prices of residential properties, especially housing on the island of Bali. In 2020, even though the pandemic had a fairly heavy impact on the tourism sector, house property prices in Bali continued to grow positively.
However, as a property investor Buying property in Bali, you will not be easily tempted. Therefore, this article will discuss how to choose a house in Bali and the advantages and disadvantages of choosing a house in Bali. The island of Bali is indeed a very strategic location for property investment. A house in Bali is almost certainly the best investment solution that promises high returns. However, you must remain rational in choosing a house in Bali. Don’t just buy a house in Bali without knowing other factors that support home investment in Bali. The number of property products, especially houses in Bali, offered by developers requires you to choose the most profitable property product for you.
Therefore, before you decide to buy a house in Bali, you should pay attention to the following factors.
Home Location
Location is indeed a major factor in increasing the price of a property. In general, the location of the house in Bali does provide a very large advantage for your property investment. But you should also pay attention to the local location of the house. This means that a strategic location close to various community activity centers will bring maximum benefits compared to houses located far from the center of community activities. Various community activity centers can be a benchmark for you in choosing a house. Some community activity centers such as health, lifestyle, and shopping centers are key factors to measure the feasibility of a house as your investment. Choose a house that is close to health, shopping, education, and lifestyle centers on the island of Bali. In addition, because you choose a house in Bali, you can also enter the criteria for a location close to the beach or other tourist locations on the island of Bali.
Access to Home Location
When you want to Buy property in Bali, the next factor is the access owned by the house. Access will determine the ease of residents in using various facilities around the housing. In addition to ease of access, access conditions should also be your concern. For example, access in the form of toll roads, train stations, and airports can be a benchmark for you in choosing a house in Bali. The more access a house has, the better the house becomes an investment. However, access can also be future access. For that, you can ask the developer about future developments around the location of the house you choose. If there is a new transportation access development, the potential for house prices to increase is very high. Your ability to find information will also greatly influence the decision to choose a home investment in Bali that you make.
Pay attention to the specifications and building materials
Specifications and building materials will affect the durability of the house. In some cases, a house will be temporarily vacant until the developer finds a buyer. Good build quality will certainly last during this free time, and you will get a house in perfect condition. In addition, quality building materials will also reduce maintenance costs as long as you occupy the house or wait for tenants to arrive. Therefore, to get the best house in Bali, in addition to location, access, and type of house, house specifications are also very important. Especially if you rent a house, the dense rental volume will cause damage to building materials if the materials used do not meet the standards. You can discuss this with the developer to find out the type and material used in the house you choose.
Residential Facilities
Housing facilities are also one of the things that must be included in your consideration. The presence of housing facilities also affects the increase in house prices. According to a study by McKinsey & Company, housing facilities can increase house prices by up to 11%. Therefore, housing facilities are one of the things you should consider before choosing a house. Facilities such as Pedestrian Walk, Playgrounds, Sports Center, ATM Center, and other facilities can be a benchmark for you to choose a house as an investment. In addition to these basic facilities, additional facilities in the form of commercial areas, health centers, and education around the housing area can be an additional consideration for you. Pay attention to these various facilities before you decide to buy a house in Bali.
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