Bisnis.com, DENPASAR – Sales of villas in Bali are starting to grow after stagnating due to the Covid-19 pandemic.Although they did not mention specific figures, the Indonesian Real Estate Brokers Association (Arebi) and Real Estate Indonesia (REI) agreed that villa sales had increased from mid-2022 to early 2023.Chairman of Arebi Bali, Michael Hikma Gunawan, explained that improving economic conditions and the vibrant tourism sector have meant that demand for villas in Bali has begun to increase.The majority of demand for villas still comes from the domestic market or Indonesian people who want to own property in Bali.

On average, consumers are targeting villas priced at IDR 4 billion to IDR 5 billion."If you look at the composition of villa buyers in Bali, 75 percent of consumers are domestic, meaning that those who are looking for villas in Bali are mostly Indonesians, but foreigners are still not that significant because they can't buy directly," explained Michael when confirmed by Bisnis. , Thursday (19/1/2023).Arebi predicts that the sales trend for villas will get better in 2023, with sales increasing by 25 percent compared to 2022. Villas in the Nusa Dua, Jimbaran and Ubud areas are still the market's favorites. READ ALSO There are a lot of hotels being sold, this is the condition in Bali. Areas outside Mandalika are starting to be looked at, investors will build 200 villas. Many luxury hotels in Jakarta and Bali are for sale, this is the culprit!Chairman of REI Bali, I Gede Suardita, explained that the sales of villas in Bali have begun to appear. "Information from REI members who are developing villa sales is increasing, in 2023 the trend will also increase," said Suardita.

REI also projects that the Bali property business in 2023 will grow from sales of houses, villas to shophouses. This optimism is also supported by the projection that mortgage credit will grow in 2023, then the tourism sector will begin to recover. Arebi also revealed that banks with large capital are starting to aggressively offer mortgage financing to customers.

Source: https://bali.bisnis.com/read/20230120/537/1619998/transaksi-penjualan-vila-di-bali-mulai-meningkat