Liputan6.com 04 Jul 2022, 20:20 WIB
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Menparekraf Sandiaga Uno Weekly Press Briefing (Liputan6.com/Komarudin)
Liputan6.com, Jakarta Last week, President Joko Widodo met with Russian President Vladymir Putin. Minister of Tourism and Creative Economy, Sandiaga Uno said one of the gifts from the meeting was the reopening of tourism cooperation between Russia and Indonesia.
He has also met the Russian Ambassador in Indonesia to confirm the opening of flights from Moscow, Russia to Denpsar, Bali.
Ambassador Russian and he was present to confirm the opening of flights from Moscow to Denpasar," said Sandiaga at a press conference, Jakarta, Monday (4/7/2022).
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The signal for the reopening of the Moscow route to Bali and vice versa has also received the green light from the Ministry of Transportation. Currently several airlines from Russia have also coordinated and are in the coordination stage to open travel services with these routes.
"There is still a lot of coordination that needs to be done both at the government and business levels. Regulatory preparation is also from regulations and we encourage neutral agents to focus on the Russian market," said Sandi.
He said tourists from Russia who vacationed in Bali were not small. No less than 300 thousand to 400 thousand visits from Russian citizens to Indonesia before the pandemic occurred.
"Before the pandemic, visits from Russia to Bali were around 300 thousand to 400 thousand per year," he said.
After
seeing literally no sales and no prospects for two years in just the
last two weeks we've had three qualified prospects and several purchases
have taken place.
The coconut wireless works very quickly in Bali and when owners discover foreigners are buying again they will raise prices.
Those
who were desperate last year will wait a little bit longer as they see
around Bali traffic returning almost to normal along with tourist
arrivals.
My famous saying that I developed years ago was that "Bali real estate demand is directly proportional to Bali touirst demand".
"Bali real estate demand is directly proportional to Bali touirst demand". L.B.M.B. 2002
When tourists come to Bali and see that they can buy a Three-bedroom 550 M2 luxury Villa for as little as $250,000 with a huge private pool a few minutes from the beach they jump at the opportunity.
Especially when they realize they can have positive cash flow and not have to put any more money out of their pocket while at the same time enjoying appreciation.
Now for my most radical prediction of all.
Most
people who are ignorant of Bali's real estate markets are not aware
that there are almost no loans available for most real estate in Bali.
Therefore, when interest rates go up it doesn't bother anybody here.
What
does bother real estate markets in Bali is when there's no tourists and
we went from six million arrivals to forty-seven international tourists
last year.
Smart real estate investors know the best time to buy real estate is when everybody thinks it is not a good investment.
The best time to sell is when everybody is buying and they think it's only going to go up
The smart money from Jakarta is seeking to buy everything they can get their hands on right now in Bali at 20% to 50% off 2018 prices.
As I've said for decades “Bali real estate demand is directly proportional to tourist demand”
“Bali real estate demand is directly proportional to tourist demand”
If
my prediction of a huge increase in Bali tourism this year comes true
then naturally there will be a huge increase in Bali real estate demand.
When those who purchase at 20% to 50% off see the prices rise
and they will boast of the rises to their friends and relatives which
will create even more demand.
Sanur,
a small resort community on Bali’s East Coast was the first major
centre of tourism in Bali with the Grand Bali beach Hotel and the Bali
Hyatt Hotel which has recently been upgraded and upgraded to the Hyatt
Regency Hotel.
In the old days we used to call it Snore because compared to the hectic areas of Kuta, Seminyak, Kerobokan, and Changgu it was relatively quiet and usually attracted families and seniors.
It appears all that is changing with news just this week of a brand-new international hospital and two famous Colleges campuses within a few minutes from Sanur.
I told my wife yesterday I wish we had more cash to buy real estate in Sanur right now!
Why I made that comment was in the last two days the federal government has broken ground for a brand-new international hospital which includes the famous Mayo Clinic from the United States.
Just
yesterday it was announced that one the most famous universities in the
world the Massachusetts Institute of technology and the top university
in China have broken ground for campuses on Serangan Island just 14
minutes from Sanur.
These
new entities will put an overnight new demand on real estate all the
way from Serangan to Saba on Bali’s east coast. Please read my extensive article that a published yesterday on this subject.
10) Everyone will be a lot happier in 2022.
My slogan for 2022 is "Business will be renewed in 2022"
"Business will be renewed in 2022"
UPDATE: 2022-05-28
If
this virus begins to peak in the first quarter around the world
enthusiasm and positive attitudes will develop among most of the world’s
citizens.
In the aftermath of the 1918 -1919 pandemic, we had “The Roaring 20s”
After the first world War and Spanish Flu pandemic ended people went crazy with enthusiasm.
So those are my predictions for 2022.
I'm not sure if all of them will come to fruition.
If
the COVID - 19 crisis takes another bad direction none of them may
happen. But I'm betting on my own predictions with my business and
personal investments and my recommendations to my clients.
If
you want to get in on what I'm calling “the second-best time to buy Bali
real estate this century with properties selling for as little as
$58,000 contact me next week after the New Year's celebrations.
I
will be happy to sit down with you to review your goals plus budget and
make my recommendations based on 23 years of prospering here in Bali.
If
you need legal help my wife Azizah is a fully qualified Notaris that
will supply you with one-hour free consultation to start your new year
off right.
Azizah, I and our two sons Xandra and Darius + our 60 plus staff wish you and yours a very happier new year.
“Very happier new year.”
For the past 10 consecutive years, they were awarded the Certificate of Excellence and the Hall of Fame Award from the Worlds Largest Travel Site, Tripadvisor. This places them among the top 2 % of hotels and villas listed by Tripadvisor worldwide.
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