Bali Real Estate Prices. Some months ago I wrote “property prices with respect to Bali real estate don’t look like they’ll be going down, but we honestly believe that the market is due for a correction”. Well, some recent sales definitely indicate that prices are going down! A recent cliff top sale of vacant land on Bali’s “Bukit” was sold for 20% below the asking price.
Currently there are very few buyers around, and there is no shortage of property on the market. Times are tough. And, as we all know Art is only worth what someone is willing to pay for it, and the same goes for Bali real estate!
Below you will find three links for ‘reduced’ real estate in Bali villas – all of which are located in the area known as “Canggu”, which is for many now a preferable place to live or rent a vacation villa as opposed to the “Legian Villas” & “Seminyak Villas” areas.
Links : Villas for Sale in Canggu
Also, with respect to real estate in Bali ‘agents’ and vacation villas, there are just too darn many of them, and as such there are so many reduced offers being made… you know, like stay for seven nights and only pay for five, free massages for all guests, a day trip with car and driver to discover Bali and so on.
But, please be warned that there plenty of unreliable real estate in Bali agents now – and a chap I met recently made this mistake when he didn’t check anything about the agency that he made an on-line booking with in only ten minutes. Now, he knows about us, and is very happy to know someone who will look after him and won’t be getting any unpleasant surprises next time around.
We look forward to hearing from you at inTouch Bali whatever your Bali real estate needs are.
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