Friday, October 31, 2008

Bali Real Estate Development

Bali Real Estate Developments

Looking at resent tourist boom and Bali’s many developments, Bali real estate still remains a buyers market, where a suitable Bali development for anyone’s taste is available. Resent tremendous growth in both arrivals as well as people who wish to stay and live in Bali real estate has attracted more and more serious and larger development companies. The Bali developments are also more and more being developed with in now better exposed zoning law’s and areas, as well as building and construction regulations. The Bali villa buying market and Bali villa Rental is also becoming more sophisticated, and as a respond most Bali villa developments now has a fairly good to even similar to European standards. Recently there has also been a trend where Bali developers offer a wider range of design and interior opportunities, even though most Bali developments has a strong Balinese touch to it. Key words for a successful Bali real estate development is still about great location, quality build, recognized architect, as well as established management brand name attached to it. At this stage Bali developers still source most building material locally in Bali, and around Indonesia. But also in this area more high end Bali developments has started to import some of the needed material, specifically interior and furniture. Bali land prices for Bali real estate projects in Bali residential market is still also very much undervalued with about 40% compared to Thailand and the market therefore sees a strong value for money buying into Bali developments.

Property Bali
By Paradise property Bali real estate