4 islands near Bali to check out

Bali is not the only place in South Indonesia where you can find amazing landscapes, virgin beaches, and great investment opportunities. These three Islands saw a tremendous rise of interest from investors in the last couple of years, and we bet this trend will continue in the future. However, in real estate, opportunities don’t last long!

1- Nusa Lembongan and Nusa Ceningan

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In the last few years, Nusa Lembongan (Nusa means Island in Bahasa Indonesia) and its sister Nusa Ceningan became one of Bali’s most popular attractions; and a unique location praised by investors. The two islands are connected by a famous yellow bridge that crosses seaweed farms, a unique picturesque view.

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At only 15 minutes from Bali by boat, Nusa Lembongan and Nusa Ceningan offer a stunning experience, far from the hustle and bustle of Bali. There, you will find a blue lagoon, a mangrove forest, one of the most Instagrammable virgin beaches of Indonesia, and some world-renowned surf and diving spots.

A comfortable and developed but authentic area: many restaurants and bars can be found near the beach where the boats dock as well as around the Islands. A 24/7 medical facility is located in Nusa Lembongan and daily connections are organized to the Gili and Lombok islands.

The real estate market in Nusa Lembongan and Nusa Ceningan has flourished in the last few years. Although the construction price (30% higher than in Bali on average) and the lack of qualified local manpower make it harder to develop properties there, it also means less competition.

The absence of a fair amount of luxurious villas in Lembongan increases the prices significantly. When you pay for a 3 bedroom villa in Seminyak for 300 USD a night, in Nusa Lembongan it will cost you at least 600 USD. And if you wish to buy one of these villas, be ready to sign a check of more than a million dollars.

2- Nusa Penida

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People call Nusa Penida the Golden Egg because its shape recalls that of an egg laid by Bali, the hen-shaped island.

Located 35 minutes from Bali by boat, Nusa Penida remains less developed than its sister Islands nearby, Nusa Lembongan and Nusa Ceningan, due to the difficulties to build there and the relative lack of infrastructure.

However, with its white sandy beaches, vast expanses of translucent water with spectacular diving, and breath-taking clifftop scenery and sweeping sea views, Nusa Penida’s future looks bright!

The real estate market in Nusa Penida is booming. Beachfront lands do not remain in the market for long and a few international development projects (small luxury resorts, villas complex, and beach clubs) have started in the last 5 years. They expect to bring what misses today in the Island: better infrastructure, and more places to dine and sleep.

3- Lombok

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While Lombok may be less known than Bali, its reputation as a standalone tourist destination is growing fast. International tourist numbers are rising exponentially: visitor arrivals at Lombok International Airport grew at almost 20% (CAGR) from 2009 to 2017, symbolising the emergence of the island as a popular destination. Only 40 minutes by plane from Bali and with direct flights to Singapore, Malaysia, Australia, and many more to come, Lombok is one of the fastest-growing tourism destinations in the archipelago.

Identified by the Government as the core driver for the next stage in Indonesian tourism growth and earmarked as one of the “10 New Balis”, the Island has developed rapidly in recent years. In consequence, the government increased its funding for marketing and infrastructure, to build a new international airport, and to upgrade roads, electricity and clean water suppliers.

Lombok also attracts important foreign investments, such as the Mandalika project: a US$3 billion development project declared Special Economic Zone (KEK) and that will soon boast 5-star hotels, luxury private villas and residences, marine and watersports activities, as well as Indonesia’s first MotoGP in more than 20 years. When completed, it is expected to lead to vastly increased visitors numbers, boosting local economic activity and driving substantial growth.

Although prices of lands and property in Lombok are still affordable (at least 5 times cheaper than in Bali), they are expected to rise quickly around the Mandalika site, especially after the launch of the Moto GP. A good investment opportunity for those looking for substantial returns in a few years!

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