Bali is bustling and booming as international arrivals and tourism skyrocket in 2022. Ranked in the top 5 most popular destinations in the world by Tripadvisor, Bali is experiencing a huge influx of tourists and business in recent months, including over one million travellers coming in on over 7,000 flights in the month of May alone.
Bali’s Ngurah Rai International Airport
With international arrivals spiking over 1000% in the first few months of 2022, it’s no surprise that hotel bookings have gone up and Bali has been ranked high on most searched hotel booking destinations by Agoda.
Bali’s lush environment, exotic cuisines, and unique culture have consistently enticed travellers from all over the world – continually making Bali a top global destination.
Cultural and natural sights and locations such as the Ubud Monkey Forrest, Gates of Heaven, cliffs of Uluwatu, Tegallalang Rice Terraces, Nusa Dua Beach, and more bring visitors from far and wide to explore all that Bali has to offer.
As special pockets of the island act as community hubs for digital businesses, remote workers, and long-term expatriates, there is an incredible array of lifestyle amenities on offer. The most famous and popular of these hubs is the thriving neighbourhood of Berawa, Canggu – which not only has the island’s top restaurants & beach clubs, but everything from equestrian centres and gymnastics studios to wellness retreats and hi-tech co-working spaces – adding a modern twist to Bali’s everlasting allure.
Kids exploring a temple in Ubud, Bali
Adding to the fervour and increase in tourism are the lighter travel restrictions. Bali no longer requires a pre-arrival PCR test or quarantining on arrival, and they also have a more relaxed mask mandate in outdoor settings.
Bali requires all international travellers to be fully vaccinated and show a vaccination card to passport control before entering the island, therefore making it safer for tourists and locals of Bali. Clearly, international travellers appreciate the security since arrivals from Australia and Singapore have increased by over 200% this year.
The reintroduction of Visa On Arrivals is also a contributing factor, as visas are offered to citizens of over 60 countries and can be easily extended depending on the type and duration of stay. Bali puts efficiency into their visa process and helps make sure every international visitor is on track to have a wonderful stay in Bali.
Bali’s natural beauty and its safe environment are highly desirable qualities that make the ‘Island of the Gods’ worth visiting. Not only can visitors experience the intricacy & serenity of Balinese culture, but they can also live out a godly luscious lifestyle on the shores of one of the world’s most popular island destinations.
With the G20 Summit being hosted in Bali in November – and a number of long-term infrastructure projects in development, Bali’s future is bright.
“The Bali property market is buzzing!” Stewart Morris, Head of Sales & Marketing has said. “In the last couple of months we’ve been inundated with interest for available real estate in Bali… as tourism surges, so has people’s eagerness to invest and secure for themselves a part of this beautiful island.”
“Most [prospective clients] are looking to diversify their investment portfolio by buying property in Bali – giving them something which has a high-yield and also the benefits of an island lifestyle.” Stewart continued to say, “A perfect example… our beachfront development in Berawa, Secana [Beachtown], is nearly sold out and we’ve actually had a queue form outside our sales office with people looking to buy a villa in Bali.”
As Bali’s leading property developer, Mirah Investment & Development draws on its 16 years of experience to bring the top developments to the best locations on the islands. We offer end-to-end legal & financial services for all clients including structuring foreign asset ownership.
Secana Beachtown offers 58 luxury villas & 32 loft-apartments at Berawa’s beachfront – a rooftop pool & bar, gym, co-working space, and five restaurants working with celebrity chef Will Meyrick. Learn more about the last remaining fully-managed investment properties available.
Nila Residence is a gated luxury complex of 19 high-end residential villas with stunning European architecture and bespoke interiors. Located in the heart of Berawa, steps away from the best international schools, recreational clubs, and top restaurants.
Contact us today to book a one-to-one call with our company directors to learn how you can begin your investment journey.
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