Alterstay.co – Bali, which relies on tourism as the spearhead of its economy, has been significantly affected by the COVID-19 pandemic, but since 2023, it is not a problem anymore. Bali is also known for its natural charm that attracts many parties for a vacation. Therefore the Balinese economy depends on tourism. This is one of the advantages of investing in Bali because the island of Bali is always full of tourist visits. But before that, know these three things before investing in property in Bali!
Make a purchase at the right moment
You as an investor must be aware, that property prices in tourist destination areas are often more stable than properties in ordinary areas. Try to make investments outside the holiday season because it will cause sales competition which is usually attractive during the holiday season. Therefore, look for as much information as possible or you can also do market research directly to be able to avoid buying at unreasonable prices.
Pay attention to existing market demand
You must be able to conduct a survey of your target market when making an investment. By conducting a survey, you can see that the demand is quite high in the property section that is profitable for your investment.
Consider various factors including facilities
Don’t hesitate to invest in things that fit your budget. Also check the completeness of the building certificate and also the environment itself. It is also highly recommended for you to be able to conduct a site survey directly to find out what facilities are close to your property, by knowing the facilities available, it will enhance and attract your property to be offered to tourists who come.
Those are things to know before investing in property in Bali. Investment can indeed be said to be tricky, but you don’t need to worry because property investment is very strategic and suitable for bali villa rental. If you are also a beginner, there is a villa management in Bali that you can trust, namely, Alterstay. Apart from providing property investment services, Alterstay also thinks well of its customers and even provides accommodation tips for your property. So, are you ready to invest in property in Bali?
