Many young foreigners have opted to become digital nomads. This alternative lifestyle is geared towards adventure, exploration, and creativity. Their jobs range from writing and media, to technology and design. But the most important characteristic that all digital nomads share is that they are mobile and independent of location.

Why do Digital Nomads love Bali?

Bali has become an increasingly popular hub for digital nomads. The tropical paradise offers everything that digital nomads could possibly ask for: natural scenery and waves to surf on, interesting food and many experiences associated with a tropical island holiday.

The island also offers additional value. The laid-back life and relatively cheaper housing makes Bali a more preferable destination for digital nomads compared to Singapore, Hong Kong, and Taiwan (although these three cities have their share of freelance travelers and solopreneurs).

Being the number one tourist destination of Indonesia, Bali offers opportunities for digital nomads to meet new people from all over the world. So not only does the island provide a positive environment in which digital nomads can work comfortably, these people are also able to create substantial income from networking efforts here in Bali.

What’s happening in Canggu?

Addressing the problem of rising prices of property in Seminyak and Kuta, early investors built restaurants, villas, and resorts in Canggu, what used to be a lonely seaside town about 20 minute’s drive north of Seminyak.

Now Canggu is becoming more like its popular neighbors in the south. To those who regret not investing in Seminyak earlier, there is still a chance to penetrate the emerging market in Canggu. Coffee shops, healthy food cafes, boutique shops, and upmarket bars have already settled there. But there is still room for more to come.

Property prices have not yet reached insane levels. Several property agents quote an average cost of US$300,000 for 2 bedrooms villas (250 square meters) as opposed to Seminyak’s US$500,000 for the same property. Furthermore, access to Canggu is getting better. New roads and sea side developments along the distance between Seminyak and Canggu are being built, so if you are looking for a decade of prosperity, the location is definitely set here.

With slightly lower prices for housing, yet offering about the same natural scenery and activities in Seminyak, Canggu is becoming a new hub where digital nomads flock. And they do flock in great numbers to a particular location, once the location has received excellent reputation.

What now?

The greatest factor of success is timing. Now is the time to diversify your investment portfolio in Canggu. Consult Bali Coconut Living to discover properties at their best prices! We simplify the normally arduous process of buying properties, so that you waste no time to get your business started.