Wednesday, August 10, 2022

First Half 2002 Review of Bali Real Estate Sales & Rentals - "Hottest Rental and Sales Market in History"

 Editors Comments: 

I thought I would share with you my predictions for Bali for the first half of 2002 which are our 100% accusrate.

Also I want to explain why I believe recent government decisions regarding "Special Economic Zones" in Sanur including medical tourism may create the "Hottest Rental and Sales Market in History" in Sanur

 

Here are major excerpts from our First Half 2002 Report to the Owners of our PT. Bali Luxury Villas 

Attn:  Owners of Leases for Bali Emerald Villas

Tuesday, August 9, 2022

 We hope all is well with you and your families and that either you have visited us recently or have a visit planned so we may meet again in person.

 In this First Half 2002 Update:

1.    100% accurate on 2022 Predictions

2.    Prediction of 70 % of Normal Occupancy Came True

3.    G20 Conference Godsend in Nov.

4.    Sanur designated as special economic zone.

5.    Sanur Real Estate is the Hottest in 23 years:

 100% accurate on 2022 Predictions

I am happy to say that I have achieved what even I could not believe. 100% accuracy on my ten predictions I made at the beginning of the year regarding the pandemic, stock markets real estate markets in Australia etc. and especially return of international tourism Bali.

 Frankly International tourist arrivals and rentals occupancies have been even better than I expected for the first month when the international airport opened. 

  I was surprised with 73% occupancy of the villas that we have under management.

This is right up there with the best years ever.

 It certainly caused major pressure on us to bring everybody back to full working conditions.

Wife, Partner, Notaris Azizah
 I would guesstimate that 50% of the hotels and villas in Bali were not ready at all.

 Many testimonials about poorly run or poor conditions at hotels and villas are all over social medias.

 Not only did we survive but thanks to my spouse and Partner Azizah we obtained the CHSE certificate from the Govt which at the time we received it I was told there was only 1 Villa Complex in Sanur that had it.

I have been saying for the last two years as soon as those international gates opened demand especially from Australia would be better than most expected.

I was surprised when June dropped back to below normal as news of flights costing 50 % to 150% more than pre-pandemic and long waits at airports keep travelers from coming here.

The US dollar that is 10% 20% higher than before the Russian invasion also is taking a toll.

Last month there was plenty of news on the Australian press about hoof and mouth disease and the possibility that the Australian government would close the borders to anyone from Indonesia. That did not come to fruition. Thank God.

Prediction of 70 % of Normal Occupancy Came True:

 Back in January I predicted that we would have 70% of normal occupancy by July and 110% in December.

 In July 2019 before the pandemic, we had 84% occupancy. Seventy percent of 84% would be 59%. We enjoyed 62 % Occupancy in July therefore I am happy to say that my prediction of 70 % of normal July occupancy came true.

 Slow Down in August:

 I am not sure what is happening in August but there has been a slowdown.

The constant Australian press headlines about hoof and mouth disease in Bali and rising COVID-19 cases is causing some change of travel plans.

 G20 Conference Godsend in Nov.

I am not worried because in a few months we will have leaders of the greatest twenty nations in the world come to Bali with tens of thousands of entourages, press etc.

Every hour on CNN the world will catch views of Bali on CNN, BBC, and most major international and local Networks.

 

This will be the best publicity for Bali so far this Century.

 “Best publicity for Bali so far this Century”

Although were not expecting a huge number of rentals from the G 20 I do expect that they will fill up all the hotels in Nusa Dua and Southern Bali. That will push potential renters from those hotels into our areas.

 Sanur Real Estate - Hottest in History:

Anybody that has ever attended one of my seminars, listened to my radio program or read my blogs is well aware that I have been saying “Bali real estate is demand is directly proportional to Bali tourist demands”.

 “Bali real estate is demand is directly propotional to Bali Tourist Demand"

 I have also been predicting that Sanur would be the place that a percentage of  25% of the population of the world that are Baby Boomers would live.


I named our first Villa Complex Golden Villas because of the Golden Age people who would be attracted to them.

Right now, we only have one villa for rent in the whole of the Golden Villa complex.

 The rest are owned or occupied full time by Baby boomers from around the world.

 Sanur designated as Special Economic Zone.

 Just a little over a week ago Pres. Jokowi the President of Indonesia announced here live that over 40  Hectares of land including the Grand Bali Beach Hotel will be designated as a Special Economic Zone

 
What is really exciting is that this special economic zone is within walking distance of our three Bali Luxury Villas complexes

It will be mostly used for medical tourism, primarily for the elderly from around the world.

Boomers from around the world will come here and be treated for everything from a facelift to cancer treatment at a fraction of the cost in their country.

The famous Mayo Clinic has decided to be part of this complex.

 Everybody wondered if it would really happen.

 If you drive by there right now you will see buildings going up like crazy.

 I am sure they want to show this economic miracle to G 20 leaders and associates when they come here.

 Biggest Real Estate Boom in Sanur History:

 I have been predicting for years that there would be a real estate boom in Sanur from Baby Boomer Demand.

 It is happening right now. 

I have never seen more demand for Sanur Villas, Homes and even million-dollar 100-million-dollar hotels than  in my 23 years living here.

For example, yesterday I had a call from one contact who has an owner from Jakarta looking for a hundred million dollar plus hotel in Sanur.

 Later that day I had another contact call me and tell me that he would like to share with me a development plan that is taking place on the Southern Beach of Sanur which will include hundreds of beachside expensive villas and a first-class marina.                                                                                                          Boomers Moving from Crazy, Gridlocked Southwestern Areas

Then just last few days ago during a private Bali Hai cruise one person after another told me that they want to move away from Canggu, Kerobokan and even Seminyak because it has just gotten crazy over there with grid lock traffic and a dramatic rise in crime.May be an image of 3 people, people standing and outdoors

 Some of our Villa owners are reporting extraordinary rental prices right now for long-term rentals.

 I am receiving one or two requests every week for long-term rental villas.

 Couple with that there has been a large number of improvements in Sanur restaurants, grocery marts etc. and Sanur is the place to retire as I predicted.

 I personally along with a bunch of seniors have been playing tennis twice a week at the new first class Liga Club which has a gym, six tennis courts, Pool, and other facilities.

 Summary- 2022-2025 Hottest Rental and Sales Market in History

 We Hope that you enjoyed this first-half update and join me in being enthusiastic about Bali’s future, especially Sanur.

There is no question in my mind that Bali will continue to be one of the most sought-after destinations in the world. 

If you read TripAdvisor’s report in January of this year, we are ranked fourth.

  I believe we will move up in rankings thsi year  because if you look at our competition, London which is suffering through drought and 40 C Temperatures and Cancun which is almost shut down right now due to Covid-19 we certainly look better.

Noatrais Aziah & Husband Lawrence

I will go on out on a limb with a Nostradamus Moment and Predict that for the next 2-5 years Sanur will be one of the top three or five hottest real estate markets of Bali, Asia and even the world as it returns to the 2014 prices for real estate.

 Very sincerely.

  Lawrence B. M. B.

  President Director

 PT. Bali Affordable Lifestyles International. Since 2004

 DBA Best Bali Real Estate & PT. Bali Luxury Villas

 

No comments:

Post a Comment

Search This Blog

Translate this Blog

Subscribe to our Free Newsletter

"Thank you for your interesting newsletters. Enjoy reading them and educate myself with wise feeling of world real estate market". A S. Russia

“Pioneer of ©Bali Luxury Villas, Sanur”

“Pioneer of ©Bali Luxury Villas, Sanur”
PT. B.A.L.I. pioneered Bali Luxury Villa Complexes in Sanur and Gianyar.

PT. B.A.L.I.

PT. B.A.L.I.
Since 2004

Owners Azizah and Lawrence

Owners Azizah and Lawrence
Owned by Azizah an Indonesian Notaris & her Canadian Husband Lawrence a resident of Bali for 26 years. They and their 70 + professional staff provide a one stop professional, efficient service for Buying, Selling, Leasing and Renting Bali Real Estate.

Bali Luxury Villa Sales Start at 3.68 Miliar ($228,000)

Bali Luxury Villa Sales Start at 3.68 Miliar ($228,000)
Bali Luxury Villa Sales Start at 3.68 Miliar ($228,000)

Amazing.... these villas are so good

Yumiko's review of your place Lovely Large Luxury Villa - Private pool & Maid Jan 21 – 30, 2024 Public review We visit emerald villa many time. We feel like this villa is my house in Sanur,Bali. All staffs are very friendly and helpful. We love Sanur. not too much people but convenient and beautiful area. Our most fun is surfing. surf almost every day. We can walk to beach soon . I cook breakfast every morning. We also enjoy near local Bali food and many kinds of restaurants for lunch and dinner. We can require Bali massage at villa. very comfortable.I really recommend the stay . Thank you. Our next visit is March. of course must be fun.

Your Own Bali Luxury Retirement Villa $284,888 U.S.D

Your Own Bali Luxury  Retirement Villa $284,888 U.S.D
2 Bedrm - 2 Bath Start Private Pool 200 Mtrs to Faboulous Beach

Features of © Bali Luxury Retirement Villas starting as low as * $184,888

• 100% legal for foreigners.

• Includes leases totaling 80 yrs.

• Private carport included.

• Private 8 m (27 Ft.) pool** for leisurely laps.

• Only 200 Mtr. To a fabulous beach, restaurants, beach clubs.

• Great investment for you and your heirs.

• Private Housekeepers & drivers, only 3 Juta.

• Healthcare at a fraction of Western costs.

• Brand-new hospital within five minutes.

• Award-winning international Airport 35 min.

• Proximity to Sanur, Ubud, Denpasar.

• Walking distance to affordable restaurants and beach clubs

• Shared low costs of pool man and gardeners.

• Minuscule monthly common area fees.

• Managed by 15-year-old, Hall of Fame award-winning management company

• *Price of the least expensive villa in . after 150 Juata Discount for the first two villas only. Subject to change without notice.

• **Eight-meter first-class swimming pool Only 460 Juta Extra

Please contact us if you wish further information.

Whatsapp 62-812-3814014

Email: infoBLRV@gmail.com


Your Own Bali Luxury Suite or Apartment Start at1.44 Miliar ($88,888 U.S.D)

Your Own Bali Luxury Suite or Apartment Start at1.44 Miliar ($88,888 U.S.D)
Now you can enjoy a luxurious Bali hotel suite or room for free and earn attractive income as well

Testimonial Bali Emerald Apartments

Sept 2023 - Fedor gave your place 5 stars! Fedor had great things to say about their stay

Bali Luxury Villa Rentals Start at 1,500,000 IDR per couple

Bali Luxury Villa Rentals Start at 1,500,000 IDR per couple
Bali Luxury Villa Rentals Start at 1,500,000 IDR per couple

Recipient of Tripadvisor’s Hall of Fame award

Recipient of Tripadvisor’s Hall of Fame award
The World's Largest Travel Site Trip Advisor has issued PT. B.A.L.I. their highest accolade “The Hall of Fame Award” for qualifying for their Certificate of Excellence Award each of the past Ten years. This prestigious award is granted to only the top 2 % of the it’s Hotels and Villas worldwide.

Testimonial:

"Hi Lawrence, It has been a pleasure to do business with you over the years and it is a further pleasure in this day and age to do business with such a trust worthy man. Very kindest regards." Ken H. England

Limited Villas Book Now to Avoid Disappointment:

Limited Villas Book Now to Avoid Disappointment:
Interested parties please contact Lawrence, directly at 62-8123814014 Email: lbptbali@gmail.com Or our Rentals Manager: Yanthi at +62 815-5890-0389 or our Reception at PT Bali Luxury Villas at 62-361-284069

Contact Form

Name

Email *

Message *

Best Bali Real Estate

Best Bali Real Estate
WHERE YOUR BALI DREAMS BECOME REALITY

© Bali Paradise Beach Estates

© Bali Paradise Beach Estates
Sales start at 4.6 MILIAR

Lowest Priced Beach View Property

Lowest Priced Beach View Property
Only 30 Juta per are ( 100 m2)

Bali's finest selection of affordable quality. desperately real estate.

https://bestbalirealestate.com/

Own your own Hotel - Only 12.5 Miliar

Own your own Hotel - Only 12.5 Miliar
This luxurious hotel on the border of the brand-new Hyatt Regency Hotel in Sanur or is now available with a long term lease.

Contact Information

Testimonial

"I was taking a gander at some of your posts on this site and I consider this site is truly informational! "Nida commented on "APÉRITIF IS BALI’S NEWEST FINE DINING RESTAURANT" Sep 21, 2020