Wednesday, April 14, 2010

Reasons To Become The Proud Owner Of A Bali Villa

Bali has become the most popular tourist destination amongst the other famous ones in the world. With its exquisite natural beauty consisting of exotic beaches, tropical lush and green grasslands, magnificent waterfalls, mountains and hot springs to name a few, plus its incredible infrastructure and convenient airline connections have qualified this island to be one of the best spots to invest on. It is one of the major tourist attractions very popular amongst foreign tourists and yet the costs and expenses of commodities in this island is considerably reasonable owing to which property investments have gained high significance on the island and has been generating great returns. The decision of investing on real estate in Bali may originate out of various reasons such as wanting to retire in this beautiful island or looking for a good return on your investment.

Major returns are expected out of villas in Bali, where people like international tourists, working expatriates and keen investors build or buy these villas and rent them out throughout the year to tourists coming into Bali from across the globe. You could use it yourself at times of need and rent it out at other times thus making a very profitable source of income. The ongoing rates of villas in Bali are far cheaper than those in Phuket and Samui in Thailand. Besides, weather wise as well, Bali is comparatively more preferable since it has no long monsoon season. Bali is devoid of security problems. Due to the rising tourist influx and popularity of the place, there is an all time rise in the property values and will be so in the future.

Buying an existing Bali villa is more than preferred over building your own construction by buying a plot of land. This is mainly because of two reasons which is 1.) When you buy a villa that already exists you can carefully inspect for yourself every nook and corner of the property before putting in your hard earned money into it. You will be the owner of a completed villa that is usually fully furnished and ready to live in or rent it out as per your requirement. 2.) You do not have to supervise the construction of a new villa altogether in the case where you decide to buy a plot and build a villa of your own. Building your own villa could be accompanied with a lot of worries and responsibilities. In a place, especially like Bali, if you are not present on the construction site all the time or do not understand or speak Balinese or Indonesian you would invite a lot of discomfort upon yourself.

At current times, the starting price of good quality villas with garden and a swimming pool is anywhere between US$ 400,000 and US$2,000,000 and more. Although, the number of good quality villas on sale is considerably low and are usually sold within a short span of time. Land prices range currently from US$50 to US$300 per square meter depending on the location. Price range may vary from US$70 to US$150 per square meter if the plot is located not far away from the beach. It is US$300 per square meter and more in case where the plot is located right on the beach or is a part of an up-market development.
(ArticlesBase SC #1837359)

Nigel Fine - About the Author:
The author of this article has great knowledge about the Bali villa. He has helped many people out there to get the best Bali villa rental at affordable prices. He well knows the fact that there are several things to be considered while choosing the Bali villa. He has written many articles on choosing the Bali holiday villa.

Source:  http://www.articlesbase.com/travel-articles/reasons-to-become-the-proud-owner-of-a-bali-villa-1837359.html