Is bali real estate market in trouble

Bali Property Market Trends August 27, 2020

Since COVID-related closures and social distancing took effect in Bali, life as we used to know it has been put on pause within the Island of Gods. One of the hottest real estate markets within Asia may have investors speculated on the impact the health crisis would have on the market.

While it’s impossible to predict how Bali’s real estate market will face this storm, there is a good amount of signs showing that any COVID-19 impacts are expected to be temporary.

In the first quarter of 2020, Bali started the year like no other with a strong demand on the market which outweighed the supply. Going through the pandemic crisis, Bali Home Immo has adjusted itself to a new normal to answer its client’s needs. While the office is deeply sanitized every day, the team mandatorily wear masks at any time, avoid touching and keep social distancing. When touring a villa, Real Estate Agents & their clients must wear masks and must avoid as much as possible to touch home facilities.

Bali Home Immo has worked methodically and implemented new ways to visit villas while clients sit at home thanks to its creativity and its video shooting service or its 360 Virtual visits.

Despite softening sales activity since the outbreak, those who have listed their homes on the market are well aware of the sales prices and thus have lowered their sale or rental prices, while many others decided to turn to monthly rental. For investors, this represents a great opportunity to invest and ensure a great ROI later, while expatriates are securing deals they may not be able to find pre-pandemic.

Bali is a top post-pandemic destination. As analyzed by the Dutch online ticketing company Booking.com , Bali has ranked second on the wish-list of its app, listed by people in quarantine around the world in March and April.

Bali remains a unique destination, people, whether they are travelers, entrepreneurs, or investors, know about this sense of authenticity that surrounds the island and its spirit will never fade. The variety of activities and the lifestyle one can enjoy on the island is unmatched and the fame the island has has been supported by countless websites, review portals and travel magazines for very good reasons, and pandemic or not, this will never be taken away.

Established in 2009, Bali Home Immo is the first real estate agency in Canggu with more than 7000 Bali properties listed in its database. Bali Home Immo (PT. Bali Properti Kontruksi) is a licensed property agency (SIUP-P4 certified) located in Bali, Indonesia and have been successfully operating as a trustworthy and reputable real estate agency with more than 13 years of experience. Long-standing partnerships and a committed, dedicated team are the driving force behind the work that takes place every day at Bali Home Immo.

As a member of the Real Estate Broker Association of Indonesia (AREBI), Bali Home Immo Property offers luxury real estate across the region to a local and international client base. Catering to a wide range of property requests, the team will ensure they can find a property, land or residential listing, to match each client’s personal requirements.

We have curated a wide selection of properties ranging from the land for sale, villas for sale and rent, as well as commercial space rental in Bali's most in-demand areas including Canggu, Seminyak, Pererenan, Umalas, and Uluwatu. Not only Bali, but our connection also reaches other popular destinations in Indonesia including Gili Islands, Lombok, Labuan Bajo, and more.

We also provide professional marketing services that will showcase the best of your Bali properties to more than +160k social media followers and maximise the potential to find buyers looking at villas for sale in Bali. With a thorough knowledge of the Bali property market inside-out, we deliver the most professional and data-driven valuation of your property at the most competitive price for your Bali properties.

Our expertise in the local market and extensive network affiliated with 93 local and international partners including Goplaceit.com, Rumah123, Kangaloo, Luxury Estate, and many more will also help you bring global exposure to your real estate investment and find your dream Bali property. Looking to buy villas for sale in Bali? Check out our online catalogue of Bali real estate and follow us on social media for updates.

Is bali real estate market in trouble

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