The tourism business has been hit by the pandemic. Hotels in Bali have experienced a drastic decline in visitor numbers while five-star resorts are in danger of closing down.
Amid the uncertainty, the national economy has slowly risen and continues to grow. Even though the pandemic is not over in 2021, the property market continues to show a positive trend. So why is the pandemic such a good reason to buy a villa in Bali?
Financial difficulties and low occupancy have made many villa owners in Bali want to give up their assets. This is a momentum that cannot be missed. When else can you get Canggu Villas with modern tropical style and enchanting views at affordable prices?
If you have excess money, buying a villa in Bali is a strategic investment step. Kibarer Property said that currently, more than 60 villa and lodging owners in Bali are ready to sell their assets and expect fast funds. Low-interest rates and sloping prices provide great purchasing power for investors.
If you plan to buy the property and hold it for the next few years, you will be in a strategic position to resell the property at multiple rates of return as the economy improves.
Apart from hoping for capital gains when reselling the property, of course, you can also make Bali villas your second source of income. Especially if the villa is in a popular location such as Canggu, Berawa, or Seminyak. You can enter the property on online booking sites such as Airbnb, Traveloka, Tiket.com, and the like.
Now you have plenty of time to calculate ROI, upgrade your villa to keep up with the latest holiday trends and develop a marketing strategy. So when the market is back in the spent stage, you’re ready.
Since the pandemic, suddenly everything has to be done from home. If you are observant, this is a business opportunity that has not been exploited by many business people. While waiting for tourism to recover, why not buy a villa in Canggu to offer it as temporary housing? The Canggu area itself has long been popular with western tourists as a base for digital nomads to live.
Not a few foreign nationals have lived in Bali for years and run their business remotely. Not surprisingly, because Canggu is one of the coastal tourist areas in Bali whose popularity is on the rise with the presence of various trendy cafes and restaurants, bars, rows of surf beaches, to tattoo studios.
Canggu is the harmony of the modernity of tourism and living side by side with nature, which makes digital travelers feel so comfortable living in this area. With the presence of the WFH market, you focus on the investment returns on the yield side of the rent per year compared to property prices.
Especially by taking advantage of Canggu’s increasing popularity among tourists, both domestic and international tourists. By renting your Bali villas for a long term (3 months, 6 months, or 1 year) to this digital nomad market, you can get a decent profit.
At Bukit Vista, we strive to ensure our Property Partners continue to innovate in making the best guest experience even in hard situation like the COVID-19 pandemic, which resulted in many travel regulations.
As a Bali villa rentals, we learn from high quality source and share it to inspire everybody that share our vision, to delight our guest with authentic and memorable experience. Hence our tagline “Inspire Delight”.
We are the most innovative Bali Property Management, work with likeminded property owners to nurture their investment to optimize ROI, while delivering great value to our guests. Learn about our services at Manage My Propertypage, or head to our Community Expert page to learn from the expert about refining your property.
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