In recent years, we've witnessed a significant shift in the investment world. Geopolitical tensions and security threats, especially in light of the war that has been raging in Europe for two years, have driven European investors to seek new ways to diversify their portfolios. Traditionally, Europeans have looked towards purchasing apartments in Spain or Italy, but there's an increasing trend to venture further afield - for example, investing in real estate in Bali or Thailand.
Indonesia's Economic Growth: Opportunities in Bali
Indonesia's economy is on a fast track to growth, aiming to become the world’s fourth-largest economy by 2050, according to Goldman Sachs (read more HERE). This growth, driven by a young workforce and a strategic location in Asia, significantly impacts Bali's real estate market. The country's economic success boosts the demand for quality housing, creating favorable conditions for investors for growth and profitable investments. Additionally, Bali is one of the most sought-after travel destinations globally, according to TripAdvisor, Airbnb, and other portals.
Diversifying Investments
We are at the forefront of this changing world. Currently, we are developing 50 villas, more than half of which have been purchased by Europeans. Interestingly, half of these investors come from countries that share a border with Russia. The increasing tensions in Europe and a cooled real estate market prompt investors to look for new opportunities for growing their money. This is not a coincidence – it's a clear sign of the importance of diversifying investments in today's unpredictable world. Moreover, Bali not only attracts investors looking to diversify their portfolios but has also become a new (winter) home for many families from the West. Life here offers the chance to enjoy fantastic weather in paradise, where the cost of living is low, but the quality of life is high. Compared to Europe, where the same amount of money might only buy a small apartment, Bali allows you to afford a luxurious villa with a pool.
What Does the Future Hold?
The trend we've observed in recent years only shows signs of growth. In 2024 and beyond, we are likely to see even more investors and permanent residents finding their way to Bali. This is not just a financial investment – it's an investment in a better future, security, and quality of life.
Bali offers something hard to find in many parts of the world – peace amidst chaos. It's a place where you can build your dream home, grow your investments, and live the life you've always dreamed of.
So, if you're an investor or just someone looking for a new beginning or a safe haven, Bali could be your next destination.
