Bali is becoming even more popular with the island set to achieve its ambitious tourism goal in 2024.
From its stunning natural beauty, rich cultural heritage, affordability and warm hospitality it’s no wonder why travellers flock to the Island of the Gods, with Aussies accounting for more than a quarter of tourists.
In 2023, Bali hosted 11.4 million visitors and following that success, it’s en route to achieving its 14 million goal this year.
Given its rise in popularity, Bali officials are now calling for the province to be granted special autonomous zone status for tourism so that leaders can manage the island in a way that is environmentally sustainable, economically prosperous and beneficial to local people.
In making Bali a Special Autonomous Region for Tourism, the aim is to have all tourism development choices governed by one agency.
This also comes off the back of rapid developments on the island.
According to The Bali Sun, officials have confirmed that part of the reason why tourism development in Bali has been allowed to spread so quickly is because spatial planning and building permits have not been granted with a single vision in mind.
Secretary of the Prajaniti DPD for Bali Province, I Made Dwija Suastana, is calling for an emergency committee to be created within the Ali Provincial Government so that a moratorium can be brought into effect as quickly as possible, the publication reported.
Given its rise in popularity, Bali officials are now calling for the province to be granted special autonomous zone status for tourism so that leaders can manage the island differently.
“Previously there was a proposal to form a special Bali tourism authority, as an umbrella for this proposal I promise to make Bali a Special Autonomous Region for Cultural Tourism,” he said,
He explained that if Bali becomes a special autonomous region for cultural tourism, then Bali’s opportunity to live from tourism can be managed by Bali for sustainable cultural tourism.
According to the latest data unveiled by the Bali Central Bureau of Statistics, the influx of tourists reached 469,227 visits during March 2024 — an increase of 3.06 per cent compared to February 2024.
April was the busiest month in 2024 for Bali Airport with 1,109,958 international passengers and 830,870 domestic passengers. Picture: Agung Parameswara/Getty Images
But April was the busiest month in 2024 for Bali Airport with 1,109,958 international passengers and 830,870 domestic passengers, with May figures now set to surpass April.
The rise in tourism over the April period has been attributed to public holidays and annual leave for millions of Indonesian tourists during the Idul Fitri Holiday which took place in early April.
Meanwhile, Elon Musk’s surprise visit to Bali over the weekend is one reason May figures will be on the pointy end.
Tech billionaire Elon Musk walks with Indonesia's Coordinating Minister of Maritime and Investment Affairs, Luhut Binsar Pandjaitan during his arrival into Bali over the weekend. Picture: Sonny Tumbelaka / AFP
The tech billionaire visited the island for the first time ahead of the launch of his broadband satellite internet service, Starlink
It comes as Indonesia continues to level up its connectivity infrastructure nationwide, with the aim to extend the internet to remote areas of the country.
The digital nomad life in Bali has become more appealing over the years with the island a thriving hub for those seeking a balance between work and adventure.
It has become a home away from home for remote workers, entrepreneurs and freelancers who rely on speedy connections.
As such, officials have enlisted the tech mogul’s satellite internet service to help up its game, with a trial to take place in Nusantara, the future capital of Indonesia, for the first month, before a full-scale launch shortly after.
During his visit, Musk also attended the World Water Forum which is currently being held on the holiday island until May 25.
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.
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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:
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