Impacts of Expanded Airport For Condotel Investments in Bali

Expansion of the airport in Bali very positive impact on the tourism industry. many provinces in Indonesia and from other countries want to make a direct flight to Bali, which previously had to transit in Jakarta or Surabaya.
 
Result of increased direct flights into Bali, tourists both local and foreign visitors to Bali will be growing, and will automatically increase hotel occupancy rates. Hotel is a primary requirement for the tourism industry, so many investors both from domestic and overseas expanding his hotel in Bali. This opportunity is seen by investors who want to come to Bali.

For investors who have large funds they invest in Bali by building hotels, but for those who do not have a big budget, condotel is the right choice for them.

Choose The Real Estate Agent in Bali

Before buying property in Bali, make sure first that the real estate agent you select is right. Find out their experience. Find a real estate agent who has a lot of knowledge about Bali properties and are often trusted by the property developer.  Find out what projects they have ever sold. and the last check the business license of the agent.

Good real estate agents are expected to help you choose the right investment in Bali.

Why Freehold Property is Very Limited in Bali

Currently in bali, property with freehold status is very limited, if any, are usually not the ideal location for investment.

This is because the many best location will not be sold by the owner, but only want to rent.
In Bali, different in other regions in Indonesia, here each building can only be built with a maximum height limit of 15 meters, making the price of land is high in bali. Another reason is, in Bali for tourist areas are concentrated in certain areas, so that the lands were in that area to be very expensive and rare. These are the things that cause the land in bali rarely want to sell, if any, the price is not unreasonable.
 
So for those investors who want to invest in Bali, never always looking for a property with freehold status, because although not freehold, as long as it's profitable, it may be your investment choices.

SUNSET ROAD, One of The Favorite Choice for Investors in Bali

Why ?

• Sunset road located between the business district (Denpasar) and tourist areas (Seminyak & Legian), where business meets pleasure.
• Is a premium road that connects from the airport to the seminyak, Kerobokan, Denpasar.
• In the last 5 years, the price of land in this area has increased very fast.
• In the last 5 years, commercial property development in this area is growing very rapidly, such as the construction of shopping malls, international hospitals, hotels, spas, business / offices complexes, etc.
• Infrastructure in this area is very well organized, is currently beginning construction of an underpass.

Hotels in Bali Still Prospective

JAKARTA: Penelitian yang dilakukan Kementerian Kebudayaan dan Pariwisata bersama dengan Universitas Udayana terhadap ketersediaan kamar hotel, villa dan pondok wisata di Bali pada 2010 lalu, Bali sebenarnya telah mengalami over-supply. Tahun itu saja Bali sudah kelebihan 9.800 kamar hotel/penginapan.

 

Dengan 55.000 kamar hotel di Bali pada 2010, menurut penelitian itu, sebenarnya Bali tidak memerlukan lagi tambahan kamar hotel hingga 2015 mendatang.Tapi kenyataannya hingga kini banyak pengembang yang kesengsem menanamkan investasinya di Bali dengan membangun hotel atau yang sekarang lagi tren adalah kondominium hotel (kondotel).

 

Bagi Tony Eddy, chairman Tony Eddy & Associates (TEA), ke depan Bali tetap memiliki prospek cerah untuk pasar perhotelan. "Saya kira yang over-supply itu adalah hotel-hotel lama yang sekarang ini sulit memposisikan diri. Bangunannya juga sudah jelek dan untuk harga pengelolanya sulit mau menetapkan tarif di level yang mana. Sebagian hotel-hotel itu adalah milik BUMN," katanya. (baca selengkapnya)

 

Advantages of Condotel than Others

• Available hotel operator will manage your property.
• You do not need to set up and maintain the furniture.
• Free service charge and maintenance during the run as a hotel.
• Property rental yields are higher than other properties.
• Hassle free property, suitable for investors who do not have much time.

 

Tips for Choosing a Condotel in Bali

Developer

Buy condotel offered by developers who have good tarck record or high commitment. If it's a new developer, find out who were the people behind the company.

Concept

Buy condotel has the right concept. The concept should be appropriate to the development location, and must match the target market to be reached later.

Hotel Operator

Buy Condotel which will be managed by an experienced hotel operator. Because with an experienced hotel operator will make the hotel occupancy rate will be high and stable.

Location
Buy a condotel is built in the right location as a hotel, because with the right location, the hotel occupancy rate will be high.