In May 2024 Bali will host the World Water Forum.
While the World Water Forum is not an event at the scale of the G20 that was held in Bali in November 2022, the huge event will take over some of the island’s biggest resorts and landmarks as over 50,000 representatives fly in to discuss all things water.
The 10th World Water Forum will be held in Bali on the 18th – 24th of May, just before the high season for tourism in Bali really gets underway.
While officials across the island will be working around the clock to ensure that the whole event goes smoothly for delegates and ensure that tourists and locals are not impacted by the conference, there will inevitably be a cross-over between all groups.
With over 50,000 extra people arriving at Bali’s I Gusti Ngurah Rai International Airport, there will be increased airport traffic, traffic on the roads, and demand for hotel rooms.
Speaking to reporters this week, Firdaus Ali from the Ministry of Public Works, Public Housing and Water Resources confirmed that there will be over 290 events held across the seven-day event.
Ali explained, “The meeting in Bali will be a monumental meeting to transform all policies and enthusiasm to jointly face the future by making water a source of life, not a source of disaster.”
Topics up for discussion by top climate leaders, water experts, and policymakers include water security and prosperity, water for humans and nature, disaster risk reduction and management, governance, cooperation and water diplomacy, sustainable water financing, and knowledge and innovation.
One of the most impressive special cultural events that will be held as part of the World Water Forum will be a community melukat ceremony.
Over 1,500 delegates will take part in the Melukat ritual at Melasti Beach on the 18th May 2024.
Melasti Beach can be found at the very southern tip of the Bukit Peninsula, half way between the resorts of Uluwatu and Nusa Dua, where the majority of the conference activities will take place.
Ali explained, “We present local Balinese wisdom because we know that Bali has extraordinary uniqueness. We will present this (Melukat) later on May 18th, 2024, the day before the gala dinner and opening.”
The delegations and world leaders will also be invited to visit the Subak at Jatiluwih Rice Terraces over the course of the event too.
Tourists planning to be in Bali during the third week of May may wish to factor this into their travel plans.
One of the most exciting aspects of the World Water Forum coming to Bali is the creation and inauguration of the Water Museum in Tabanan Regency; located close to the Subak Museum, the Water Museum has been under construction since late last year and covers over six hectares of land.
More details about how tourists can experience the Water Museum will be released soon.
Water management may not first appear to be an issue of interest to Bali tourists, but water impacts so many elements of a vacation to the island. Water scarcity in the east of Bali is a serious issue for many communities.
Water, whether the ocean, waterfalls or the flooded rice terraces, is a huge draw for tourists to Bali. The health of Bali’s waterways and oceans has a direct impact on the quality of a visitor’s experience.
There is hope that the conference can help create new and enduring strategies for water management and water health in Bali and around the world.
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
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