Canggu has quickly turned into the hottest hot spot on the island of Bali.
Close to Seminyak and the iconic Tanah Lot Temple, Canggu used to be a secret surf spot only a few had heard of but now it is a buzzing and booming tourist destination with amazing beach clubs, bars, restaurants, shops, yoga shalas and surfing schools.
There is always lots going on in Canggu. It’s the place where everyone wants to be, ex-pats and tourists and of course investors looking to buy much valued Canggu Real Estate!
The area of Canggu is quite stretched out. The main tourist area is centred around Jalan Batu Bolong and Echo Beach but Berawa is pretty upcoming as well. Buy a villa near the beach in these districts and you can be sure of success on the villa rental market despite the fierce competition. Move away from Batu Bolong and Berawa and the prices of land and property will drop significantly. Pererenan is a much quieter area but it’s developing quickly which makes it interesting for all kinds of investments. Looking for a second home on the island of Bali? Canggu is a great place to live but you may want to look for land or property away from the tourist area. It’s cheaper, quieter and the rice field surroundings are even more stunning and unspoiled. Yes, you may need to put more effort into renting it out during those months you are away but you should be fine with good photos, highlighting the unique features of your property and a competitive price.
Finn’s Beach Club, Old Man’s, The Lawn, Milk & Madu, the hip and happening Berawa area – these are all famous places located in Canggu. This buzzing beach town attracts a great mix of people ranging from surfers to yogis, to families and romantic couples. Canggu is here to stay. It’s as popular as places like Seminyak and Ubud and most ex-pats choose to live in Canggu which says a lot.
Where to start?
Finding a good agent is important! Property investment in Indonesia is not to be taken lightly. It comes with a whole lot of rules and restrictions. On top of that, regulations change all the time.
Do your homework and reach out to the experts who can guide you every step of the way. Finding a good, reliable and knowledgeable agent pays off in the end. Find someone you are comfortable with. Someone you feel you can trust. Don’t rush and ask lots of questions. Every step brings you closer to realizing your Bali Dream. This is where the team at Bali Realty can help you with your next Canggu villa or land purchase. With decades of local experience we know the Canggu and souther part of Bali better than anyone else – plus we have loads of amazing villas and land in Canggu for sale ( both freehold and leasehold)!
Canggu real estate is booming
The value of the real estate in Canggu is going up all the time ( even during COVID-19 ) as the are becomes more popular. Basically, people are shifting their attention from the more traditional areas of real estate in Seminyak and Sanur to Canggu. You see it in the cafes, bars and day spas. They are popping up all over Canggu and creeping into the now super-trendy Pererenan area catering to the growth. The demand is incredibly high for villas and land on the ocean side of Jalan Raya Canggu as access to the beach is fast, quick and relatively traffic-free. This trend is likely to continue throughout 2021 & as Bali and the world emerges out of the COVID era. You watch and see whats happens to Canggu real estate it’s going to boom once things start to return to normal and travel restrictions ease. Nows a really good time to get in there and take advantage of some good deals before they are gone. Now we know that we real estate agents and we are going to say something like this but it’s true. Wait and see what happens!
About the author
Nathan Ryan is one of the best real estate agents in Bali and will be able to help you secure your wonderful piece of paradise in Canggu. He’s got a wealth of experience and knows everything there is to know about buying and selling real estate in Bali.