Key Insights into Bali’s Property Market in H1 2024

Bali’s property market in H1 2024 boomed with demand for luxury villas, driven by tourism recovery and foreign investment. Staying informed on local trends is key for investors.

Bali, long celebrated as a tropical paradise for travellers, is emerging as a sought-after destination for discerning property investors. Whether you’re keen to diversify your portfolio or find the next high-yield prospects, Bali presents distinctive opportunities that are hard to ignore.

Bali’s Property Market Overview

RENTAL YIELD IN H1 2024

  • The total revenue experienced a significant increase in June, reaching $142M, which represented a 33% growth compared to the previous months, marking the highest revenue point in the observed period.
  • After a dip in February, revenue recovered to $106M in March and continued a steady upward trend, culminating in a 33.9% increase from March to June 2024, indicating a strong and stable Q2.

The Bali property market has seen significant growth, fueled by the island’s robust tourism industry and increasing interest from both domestic and international investors. According to the latest data from REID (realinfo.id), the average property price in Bali has appreciated by 7% annually over the past five years, with some areas experiencing even higher growth rates.

Key Insights:

  • Demand Drivers: The continuous influx of tourists, especially in the post-pandemic era, has driven demand for holiday rentals and resort properties.
  • Popular Areas: Seminyak, Canggu, and Uluwatu remain investor favourites, with a 10-15% increase in property value since last year.
  • Rental Yields: Bali offers some of the highest rental yields in Indonesia, with a significant increase in total revenue experienced in June, reaching $142M, which represented a 33% growth compared to the previous months, marking the highest revenue point in the observed period.
  • Government Incentives: Recent changes in foreign ownership regulations have made it easier for international investors to own property in Bali.

Why Invest in Bali Now?

  1. Strong Tourism Recovery: Bali’s tourism is on a steady recovery path, with international arrivals projected to reach pre-pandemic levels by 2025. This growth translates to higher demand for short-term rentals, pushing rental yields upwards.
  2. Competitive Pricing: Compared to other global tourist destinations, Bali’s property prices are still relatively low, offering excellent value for money and potential for capital gains.
  3. Lifestyle and Infrastructure: Bali’s appeal as a lifestyle destination is growing, especially among digital nomads and expatriates, boosting the demand for long-term rentals. Additionally, ongoing infrastructure projects, like the new airport in North Bali, are expected to enhance connectivity and further increase property values in less developed areas.

Explore Your Opportunities

Since our first property project, we have been successful in strategically locating high-growth areas for our projects, and also identifying up-and-coming locations for future projects. From the heart of Berawa, Canggu, to the scenic area of Nyanyi, we specialise in offering not just luxurious living spaces but also excellent lifestyle investment returns.

The Bali property market presents a golden opportunity for investors looking to capitalise on the island’s growing popularity and robust economic outlook. With competitive prices, strong demand, and high rental yields, now is the perfect time to invest and be a part of Bali’s thriving property market.

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