Investing in real estate is one of the most conservative ways to save money. If you choose the right property and location, you can be sure that your money will not depreciate and will bring a tangible income.
At the same time, it is a way of preserving for many years, not of making a quick buck. Fast turnover can be compared to fast fashion goods, fast fashion. Investments in real estate is not a conditional Zara with disposable pants, it is already a suit from Chanel.
In search of the perfect investment: Bali, Turkey or the UAE?
After all, in addition to the fact that most countries have a limitation on the period of ownership of real estate (that is, you need to be the owner for several years after purchase), to sell the object quickly can be problematic. It's not a stock or currency in a bank app that you can "discount" by pressing a couple of buttons. But, having invested several million in a worthy object can not worry about their safety, liquidity, and get a decent income from renting. In the end, this real estate can be inherited.
Why not Russia?
It is absolutely true that the Russian Federation has one of the most rapidly developing real estate markets in the world. But since 2020, when the privileged mortgage program started working in the country, a strong imbalance has started to form in the Russian market, and it is becoming increasingly difficult to predict its behavior.
It is mainly the market of new buildings that is being pumped up by the program of preferential mortgages. Over the past few years, the cost of housing in Moscow has increased by 50-60%, in the regions not a little less, but everywhere there is a construction boom. Housing of various quality, sometimes frankly low, with violations and defects. But this is only half the trouble. The increase in interest rates is already leading to a sharp drop in demand in 2024, the growth of the down payment cut off a huge number of likely buyers. As a result, the current year for real estate developers in Russia is likely to be marked by a sharp "stop" in sales. According to various estimates, companies that have only accelerated their sites have enough apartment inventory for five years.
It is hard to imagine, but there is a real overstocking in this market. According to the Unified Information System for Housing Construction "Dom.RF", at the end of 2023, the volume of unsold housing amounted to 71.1 million square meters, which is 5.4 million square meters more than a year ago. This is a record high since January 2020, when the figure began to be closely scrutinized. Record launches of new projects and the rapid introduction of a large number of dwellings to the market against the backdrop of declining demand may result in apartments in Russia not only not getting cheaper due to price growth in general, but also becoming less liquid for rent and subsequent sale. According to experts' estimates, price growth will be at least 15% for the year, but with uneven dynamics.
Taking into account the above-mentioned, in the Russian Federation the purchase can be considered only "for yourself", but not for investment, even for a very long period of time.
Where to go?
According to experts, there are three main competitors in the world in the investment real estate market: Bali, Turkey and the UAE. When choosing a suitable option for yourself, you need to consider several factors, in addition to a stable economy of the country and a reliable real estate developer on site. In addition, it is worth studying the nuances of taxation and profitability of the rental market. It is possible to compare these proposals, if only because all countries have a stable almost year-round tourist flow and give the opportunity to earn good money on short-term rentals.
Therefore, let's imagine that the apartment is bought for possible further resale or use for your own residence, but a few years will be rented to tourists.
Visa relaxations to some extent give all countries: in Turkey it is a residence permit, in the UAE - resident visa.
As for taxes, in Indonesia there is a tax on the ownership of real estate (depends on the value of the object), as in Turkey. There is no such fee in the United Arab Emirates.
Taxes in Turkey are levied on rental housing and their level is quite high - from 15 to 40%. There is a tax on resale (from 15 to 35%). In Bali, the conditions are softer - up to 10% for rent and 1% sales tax. In the UAE, the future owner pays 4% when buying. Buy real estate in Dubai, own it, rent and resell will cost much less in terms of taxes than in other countries.
At the same time, it is a way of preserving for many years, not of making a quick buck. Fast turnover can be compared to fast fashion goods, fast fashion. Investments in real estate are not a conventional Zara with disposable pants, but a Chanel suit.
Rental yields depend on many factors, but on average in Dubai they are equal to or higher than in Turkey and Bali. Only in the UAE it practically does not fluctuate throughout the year.
In addition, only in the UAE do transactions take place through an escrow account, negating all risks for investors. Full ownership comes immediately, and the stability of the country's economy and the protection of the buyer's interests make the transaction safe.
If we choose among the three countries, both Dubai and Turkey are the most active in construction. But the volatility of the Turkish lira is much higher than that of the dirham, which is pegged to the dollar. In fact, these two currencies should not even be compared - the dirham has been showing solidity and stability for decades, while the Turkish lira is constant only in its unpredictability.
Ultimately, few countries can match the UAE in terms of security, not so much of capital, but of personal security.
How to conduct the transaction safely?
Choosing a company that will find the best option is not so difficult if you rely on simple signs of successful work. Transparent conditions, known from the first minutes of contacting the company, honest assessment of each object from the point of view of future profitability, a story about disadvantages and possible pitfalls - these are the standards in LUNAMARS.
Here they are ready to provide all calculations in a short time, and the application can be made directly on the site, saving valuable time.
A growing sustainable economy, a mild tax regime and a reliable partner are the key to successful investment and capital growth.
Bali's Current Hottest Real Estate Markets
"Bali is Hawaii 30 years ago"
Three months ago Lawrence predicted 2024 would be the most explosive year yet for the Bali's real estate market, especially on its popular East Coast in or near the first Resort Area in Bali, Sanur .
"2024 the most explosive year yet"
"Sanur not Snore Anymore"
According to Wikipedia. Sanur pronounced sah-noor) is a coastal stretch of beach east of Denpasar in southeast Bali (about a 30-minute drive from Ngurah Rai International Airport)For the 26 years he lived in Sanur it was called "Snore" because it attracted Seniors and Baby Boomers to quiet lifestyle, famous beach and inexpensive cost of living.
Recently Bali has been showered with accolades in 2023 ,& 2024 snagging titles like "Second Best Destination in the World,"
This translates to one thing, a tourism boom, and with it, a surge in rental income.
Remember his saying, "Bali real estate demand is directly proportional to tourist demand".
"Bali real estate demand is directly proportional to tourist demand"
The fuel for Sanur's coming Real Estate firestorm: 2,000 to 3,000 New Employees:
The massive Bali International Hospital is set to open its doors, bringing with it a wave of medical professionals and support staff seeking comfortable digs.Where will Doctors, Medical Technicians, and Support Staff Live?
5 - Star Hotel 1,000 Staff ?
The swanky new Meru hotel will need a place for its team to call home, injecting further demand into the market.New Icon Mall - 300 to 500 Employees:
Talk about a lucrative demographic!
So, where will all these new residents live? Sanur and its suburbs, of course.
Here are Lawrence's predictions on the three most sought-after areas of the East Coast, perhaps all of Bali in the next 12 -24 months.
#1 Area With Most Demand
This is due to the growing popularity of the area as a tourist destination and the increasing number of businesses and medical facilities moving in.
No Room at the Inn:
Just as Mary and Joesph found in Bethlehem just before Jesus was born recently there is no rooms in any of our inns.Unfortunately, there is not much available housing in these areas, as they are mostly commercial and hotels.
However, there are a few options for those who are looking to buy or lease a home in this sought-after location.
Bali Emerald Apartments:
They are perfect for those who are looking for a modern and stylish home in a great location.
PT. Bali Luxury Villas Start at $228,888.
For those who need more space, we also have a few award-winning Bali Luxury Villas available for sale.
They are perfect for those who are looking for a luxurious and spacious home in a quiet and peaceful location.
Bali Luxury Villas and Apartments are located within a short eight minute walking distance to Sanur's famous white sand beach.
They are also close to a variety of restaurants, shops, and bars.
If you are interested in buying a home in one of the most sought-after areas in Bali, we encourage you to contact them today.
They will be happy to help you find the perfect home for your needs.
#2 Area - Demand
While many eyes are on Sanur for the upcoming Bali International Hospital, savvy investors might find hidden gems close by.
This area, conveniently located within 1-10 kilometers of the hospital, offers several advantages:
Affordability: Escape the higher property prices of Sanur and capitalize on this area's lower costs.
High-Caliber Community:
Bali Paradise Beach Estates already boasts residents such as major Developers and Hotel owners plus, an A-listed couple, two doctors, and other successful individuals. This creates a desirable and dynamic community for future residents.
Beyond Borders, Beyond Expectations:
Remember: This area provides a unique opportunity to live well, invest wisely, and be part of a thriving community just steps away from the Bally International Hospital. Don't miss out on discovering this hidden gem beyond the borders of Sanur!
Brand New Luxury Retirement Villas:
# 3 Area Most Demand
Beyond the Bypass: Uncovering Renon & East Denpasar's Potential
While past development left some concerns – smaller plots, lower construction standards, and bumpy roads – change is afoot.
Infrastructure upgrades are on the horizon, promising a brighter future for the area.
But here's the real draw: prices here are significantly lower than the popular East Side, making it a prime location for savvy investors.
Envision it – owning a sprawling property, hundreds of square meters of opportunity! Build two or three stunning villas, keep one for yourself, and sell the others to recoup your investment, essentially securing your dream home for free.
Intrigued? We'd love to be your guides! Let us unveil hidden gems waiting to be unearthed in Renon & E Denpasar.
This area isn't just about a bargain; it's about embracing potential, about shaping your own Bali paradise.
Ready to ride the Bali East Coast wave?
So, pack your bags, your sense of adventure, and your investment savvy, because Sanur and its suburbs are about to become the real estate El Dorado of Bali.
Remember, this is just the beginning. We will keep you updated on all the sizzling developments in the East Coast real estate scene, so stay tuned for more insider tips and insights.
In the meantime, start browsing Best Bali Real Estate Listings – the future of Bali's real estate is bright, and Sanur is its shining star.
P.S. Don't forget to share this post with your fellow real estate enthusiasts! Let's spread the word about Sanur's golden future.
Schedule Your Personalized Viewing Today.
Contact us today to schedule a personalized viewing.
For information or inspection in English contact the Baby Boomer, President, Lawrence by Telephone or WhatsApp at +628123814014.
For information or inspection in Bahasa Indonesia contact the President's Spouse, a Licensed Indonesian Notaris, Azizah at +62 811-3864-993
ABOUT US:
Together with her partner and spouse Lawrence who has 50 years of Real Estate Experience, 20 Years of which is in Bali they own and operate award-winning 20-year-old Pt. Bali Affordable Lifestyles International ( PT. B.A.L.I. ).
Indulge in the pinnacle of luxury and efficiency with this esteemed team of over 70 professional staff, proudly offering an array of services for Buying, Selling, Leasing, and Renting Asian Real Estate.
For an unprecedented ten years running, they have been awarded the Certificate of Excellence and the Hall of Fame Award from the esteemed TripAdvisor, cementing their place among the top 2% of hotels and villas listed worldwide.
With clients all over the globe singing their praises, they are indisputably one of Asia's most renowned travel and real estate investment experts.
TESTIMONIAL:
"Honesty and professionalism are everything when you're dealing with real estate but when you can also find the most knowledgeable people to advise you and help you with what you need, why go anywhere else...Hands down the best in Bali!"Bo B, UNITED STATES- 2022
Keep up to date with the latest news and views on Bali and the world, all while reveling in their exceptional offering of the Best Bali Real Estate Blogs & Facebook Posts.
For more information on these exquisite properties, schedule an inspection, or request further information today by contacting us.
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