Presently as we are nearing the end of 2015 there doesn’t seem to be much movement in the Bali property market and there aren’t many tourists around either for that matter. It is that time of the year, & November is traditionally the quietest month of the year.
Bali property prices peaked in 2014, and there are plenty of us that believe that we are not going to see prices like that again. Now, the properties that are selling and getting the most attention are those where the vendors are listening to experienced realtors and significantly reducing the asking prices.
In the village of “Kuwum” – which has a nice mix of traditional Balinese locals and expat homes there is one special leasehold property on the market that has been significantly reduced in price. All you need to do is use the link to find out more.
This is truly a bargain that has been reduced in price by more than US $100,000 as the Seller is looking for a quick sale. And, it is seldom that you will come across a smart home or villa which has more than 30 years lease on offer. This really is a gem.
There is no shortage of properties currently on the market – which it is fair to say is over supplied. It wasn’t so long ago that real estate prices in Perth, Australia had a fifteen percent correction, and this is just what Bali property needs now!
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