Buying a luxury condo in Bali: Tips for investors

Bali is a popular resort island for many tourists, especially Australians and other westerners. It has some of the best performing property market values in Asia with luxury property prices having increased 15% year-to-year. Recently, the market has stagnated due to continuous uptrend but also because of problems with local infrastructure (lack of clean water) and oversupply of property due to lack of property zoning regulations. But there are still plenty of opportunities for investment in condos for sale in Bali. Let’s take a look how foreign property ownership works in Indonesia, which option is best for you, and where to buy. (more…)