I had land that I bought as investment. The value was increasing very slow so I sold it and am now doing property (land + house) on a local level. This moves much faster than property (Villas) for expats and there is definitely no shortage of locals over here.
we baought land in batu belig for 90 mill an are 5 years ago now it 1.2 M an are . 3 years ago buwit was 20 mil an are and now is 6 mill an are.
dont' think about the past, don't focus on the future because your are missing the persent. http://www.lokalliving.com
I have a friend who bought land near Gianyar Lebih before there was any mentioning of the new bypass to Kusambe. He knew about the Bypass from an insider. The value of his land has gone up tenfold in a matter of years.
It is possible to make good money of course if you buy cheap and sell expensive (duh). The trick is to know which area will be the new Petitenget for example.
dont' think about the past, don't focus on the future because your are missing the persent. http://www.lokalliving.com
All seems relative ? The US $ low now people say... but all the same really.. earning Rupiah, that makes it cheaper to save in $.
yes, home rent price is getting higher every year.
its just because bali get more and more famous.
when demand get higher, than the price will follow.
and inflation rate is keep increasing, money value getting lower.
i think its not only happen in Bali, every place in this world will have this condition too.