A look into Bali Villas

I can talk and do the general spiel about Bali Villas, but this one will be a surface image/marketing one - as of today, August 1st, 2023 - the demand in the tourist sector for villas is through the roof. I'm not a great business person, but from observation and collecting photos and prices, I can say confidently from YTD the price has minimumly increased 50% and there are tighter constraints in the market.

These constaints are just due to basic economic efficency. You can look at a google satellite map and see how minimal construction really puts the people that have a villa already constructed in the lead -

You can see lots of green, and and not to much construction - the area in the border is called Canggu, and it's going through a crazy time of "gentrification" from rice fields to building whatever will stand up - hopefully for a long time.

How much Bali used to be like

with no true zoning or construction mapping, you can put any design of any house anywhere - limited basically by your financies and imagination.

Many have questionable design / non accessibility for majority of people, or just generally very unsafe. Barely one meter of walking space between building and pool is a typical thing

When land becomes scarce, you see less of nicely planned and spacious places like such.

But theres always opportunity, one example is flipping/renovating older houses - find them cheap, get it for a few years or purchase the lot outright and get started:

Oh, just sit back and just find something ready to go with no garden (sad) and just pay a premium for it - this one for example costs about 450,000,000 IDR/yr or if you're lucky, 45,000,000 IDR a month (crazy, right?)

I've renovated a few Bali Villas, so I'll make a post about a few personal examples and talk about the math and construction - but basically it's the same regardless of country.