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Great Locations for Bali Villas
8 February 2021 by Ade
Locations may not be the only thing that makes a Balli villa profitable, but it has an effect on your market and the occupancy rate. Here are some great locations!
Location may not be the only thing that makes a Balli villa profitable, but it has an effect on 1) the type of market and 2) the potential occupancy rate.
This is based on the fact that different locations offer varying degrees of destination attractiveness. The more attractive a destination, the higher the ‘traffic’ and therefore, the greater your potential occupancy rate. However, the type of market will also determine the style, pricing, and initial investment of your villa. Here are some great locations to have a Bali villa business.
1. Seminyak
The chic queen of south Bali tourism, Seminyak’s visitors are often wealthy and prefer a glamorous holiday rental with the necessary luxuries. The Seminyak area is also very close to the airport, making it a prime destination. Given its accessibility and attractiveness, buyers should expect a higher capital initial investment. However, given the funds and the creative will to help your guests impress their friends, your establishment could be in a prime location.
2. Canggu
Slightly less tourism and generally enjoyed by younger tourists, Canggu is the go-to place for surfing and affordable villas for digital nomads. A hostel or app-based daily rental can help you bring in quick revenue, but the real prize lies in the steadily increasing land price as Canggu will become highly developed in 10 to 20 year’s time, especially given the fact that there are construction plans for a highway across Southwest Bali.
3. Sanur
Although Sanur’s land price is steadily increasing, it remains to be the prime quiet suburban neighborhood of the sunrise-facing shorelines. The beach area is increasingly occupied by hotels and villas, but across the Bypass, affordable accommodation and long-term rentals are sought-after prizes. This is where you could consider building homes for long-term visitors, families, or retirees.
4. Nusa Dua
An increasingly popular place with a rare combination of wealthy tourists and affordable prices. Nusa Dua is rapidly increasing in value, and any investor who is willing to catch up with the price climb is in for a great ride. Many options will be open for you if you want to explore opportunities in Nusa Dua.
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