According to the recent market trend the investors are more inclined to invest in the small scale, nature friendly tourist accommodations like homestays. The Bali investment market has registered a sudden increase in the investment in such property this year. The head of Buleleng Economic & Development Affairs Office, Mr. Gede Gunawan has revealed this report on Bali Daily few weeks ago. According to that report, a few years back investors were more prone to build large hotels and beach houses, but now they have shifted towards the development of small houses. As we see the increase in land price it has increased by 50% throughout the year 2012, few areas like Seminyak the increase in rate was even higher up to 88%, and the trend seems to still increasing. This could be the perfect time for anyone who wants to invest in Bali real estate. Usually the increment in the rates were recorded around 8-10% in the past.So what is the reason beahind rapid growt of real estate
Guide to buying real estate in Bali island