Ubud, Bali, Property Investment: Five Great Reasons Why Ubud Real Estate Will Grow in Value
Article by Glen Allison
Bali is one of the worlds’ most sought after tourist destinations. Its unique ancient Hindu culture is rich with elaborate religious ceremonies and processions that occur almost daily.
Five Great Reasons for Property Investment in Ubud:
1. Ubud is the art and dance cultural center of Bali. Located in the center of the island-state, this small village is one of Bali’s three primary tourist areas. Ubud thrives on a steady, dynamic level of tourism that stimulates a fast growing real estate business climate for both commercial and residential properties. Bali’s stable provincial government is democratically elected and encourages an open and welcoming business climate since economic growth adds greater tax revenues that permit new and ongoing development projects. The government’s ever increasing investment in infrastructure stimulates even more foreign investment and the implementation of new business standards and regulations underpin long-term economic success strategies that point to sustained growth in coming decades. Even during the recent global economic crisis, Indonesia maintained approximately a 6% growth rate. This burgeoning economic giant in the region was little influenced by the downtrend, primarily because the Indonesian financial system doesn’t function as a credit-based economy. Most foreign investment in real estate is on a cash basis. Today property values maintain a steadily increasing growth curve and the investment value of property in Ubud continues to augment because of the town’s popularity amongst tourists and locals alike.
2. Ubud, a quaint little village of only 8000 people, is a magical place. In 2009 it was rated “Best City in Asia” by readers of the US-based luxury magazine Conde Nast Traveler. Ubud dethroned Bangkok as the best Asian city. Bangkok had held the top spot since the category debuted in 2004. Ubud also beat out several other key travel destinations–Hong Kong, Shanghai and even Tokyo–all major contenders for the prestigious award. Ubud’s validation by Conde Nast Traveler as being “The Friendliest Town of All” is just one of many aspects that will most likely boost property and business values in the area for years to come. On a side note for connoisseurs, Cathay Pacific’s Inflight Magazine, named the martinis at Naughty Nuri’s restaurant in Ubud as being one of the top five best in all Asia.
3. Adding to Ubud’s media frenzy buzz, the town was prominently featured in the wildly popular, global best-selling book, “Eat, Pray, Love,” which remained on the New York Times Best Seller List for a staggering 187 weeks. Oprah Winfrey devoted two full episodes of her show to discuss the book’s success, which was soon followed by a Hollywood movie of the same name starring Julia Roberts, who won the 2001 Academy Award for Best Actress. Ubud’s recent accolades have intensified global investment interest in the town, which continues to show strongly augmenting revenues in the tourism sector of its economy. Property values and land rental rates for restaurants, shops, residences and hotels continue to skyrocket, which has stimulated even more interest in private real estate investment.
4. Notwithstanding the attraction of Bali’s rich ceremonial culture and its lush tropical environment, one contributing factor to the island’s dynamic rate of tourism growth is its low cost of travel expense when compared to high-key Western destinations in the States and in Europe or even in the nearby Southeast Asian cities of Singapore and Hong Kong. Indonesia’s average per capita income is approximately US per day across much of the country and per capita income for workers in Bali typically is less than five dollars per day. Such low cost greatly reduces construction expense for new projects and the cost for staff once the projects are completed. This factor becomes highly attractive for not only foreign commercial real estate ventures but for private property investment as well. Retirees seeking exotic locales for retirement often place high-value-for-money-spent as a primary investment concern.
5. Living in Ubud has its rewards. Since the town is located in the center of the island at a higher elevation than the over-crowded beach areas further south, the temperature is several degrees cooler. And there’s a bit more rain in Ubud, which generally is of short duration, that nurtures the nearby verdant rice terraces–some of the most dramatic on the island. Ubud’s rich cultural heritage in art and dance has fostered a vibrant expat community of countless individuals involved in the creative arts, many as working professionals. The magic draw of Ubud has triggered the opening of numerous art galleries, fine dining establishments and five-star hotel accommodations. Many foreign investors seek property investment opportunities in Ubud to capitalize on Bali’s lucrative tourist industry by tapping into the luxury holiday rental villa sector.
Ubud’s vibrant residential real estate market has spawned some of Bali’s most innovative architectural designs, many that incorporate structures rising from infinity-edged reflecting pools. The concept blends unique contemporary design with the traditional Balinese “alang alang” thatched roof. The climate is temperate all year long so glass-enclosed, open-air rooms can invite nature inside in an often striking juxtaposition of elements.
Today’s Ubud seems to have captured the most exotic aspects of Bali’s rich cultural heritage while it keeps abreast with the future. It surely has captivated the world’s attention.
Copyright © Glen Allison ALL RIGHTS RESERVED
About the Author
Visual artist Glen Allison has resided in Bali for five years. The architectural design of his Bali Lotus Villa in Ubud presents a spectacular impression with six inverted pyramid-shaped structures rising from 21 levels of water in a private botanical oasis. He chose Ubud for its high property investment potential and its lush tropical environs.
Ubud Town and Accommodations
Ubud is an ancient town in Bali, Indonesia and is located only 35 kilometers northeast of the Ngurah Rai International Airport. It is usually cooler in temperature compared to neighboring towns because it is 200-300 meters above sea level. It is known for it’s fine arts, crafts, dance, culture, literature, music, architecture, and much more. It is located centrally on the island, which makes it very simple to get to the majestic mountains, white sandy beaches, and other major towns in Bali. It truly is a town filled with a lot of inspiration and beauty.
Ubud is renowned for having nightly traditional Balinese dances that are part of the culture of this amazing island. The dances and Hindu ceremonies are specially arranged everyday so tourists can come and get a glimpse of the beautiful traditions of the Balinese people. It’s the best area to come to if you are looking to fill your vacation with the Balinese culture.
Tourists and visitors that come to Bali, use Ubud as a base when spending their holidays in this magical place. It has nearby neighboring villages that are known for bamboo crafts, woodcarvings, stone carvings, furniture making with special Balinese wood, and many other crafts. Amazing rice patties, traditional Balinese villages, art and craft communities, old historic temples, and ancient palaces is what draws people to this special town. It is a low-key place where people can come and escape the madness in high profile areas in Bali. It’s a perfect place to stay if you want to be only 15 minutes from the closest beach, and to come home to a quiet town without all the hustle and bustle of the big city. It has reasonably priced places to stay compared to other beach towns. It has great accommodations for low-cost villas and luxury boutique hotels, which are available for tourists and people that are visiting the area.
Pambali offers many different Ubud accommodations. The Awan Biru Villa is one of the most luxurious Bali villas in the Ubud area. It has been built with a unique traditional Balinese architectural style and has 5 deluxe bedrooms, an air-conditioned gym area, 2 pools, a fully equipped kitchen, and much more. It offers majestic views of rice terraces, temples, rivers, and the famous Agung Mountain. The daily rates for staying in this villa 0 USD for Low Season, 50 USD for High Season, and 00 USD for Peak Season.
The Puri Naga Toyo Villa is also one of the best villas in Ubud. It offers amazing views of the Batu Karu Mountains and also the magical Ayung River. This villa has been in many international magazines and books. It has 4 bedrooms, a large swimming pool, and all the amenities that a five star Bali Villa can offer. The daily rates for staying in this luxury Bali Villa is only 0 USD for Low Season, 0 USD for High Season, and 9 USD for Peak Season.
Pambali has personally inspected hundreds of Private Bali Villa and Boutique Hotels to bring you the best. We ensure you that the staff in all our villas in Bali is up to your standards and the facilities are just perfect.
Looking for Art, Nature, Culture and Adventure in Bali? Look no Further than Ubud
Article by Exotissimo Traveler
It may be hard, but let’s step away from Bali’s beaches for a little bit. Situated amongst the green glowing rice paddies and steep valleys in the central foothills of the island lies the ever so charming Ubud. If you are an art aficionado, then this is where you need to go. We’ve already mentioned the gorgeous rice fields. Nature lovers, this is where you need to be as well. In other words, you cannot miss Ubud if you are in Bali.
Once you step foot into this town (or a collection of villages), you can’t help but be overwhelmed with the art! Everything from canvas paintings, sculptures and the outright imaginative work are all on display. Some must-see galleries include The Blanco Renaissance Museum (which is dedicated to the artist Antonio Blanco), ARMA Museum (one of the best permanent collections of Balinese and Indonesian paintings) and Tiliem Gallery (known for its fine wood carving collection). Art also includes performances, so this is where you will see the best of the best Barong dances, Pura Dalem performances and shadow puppeting.
Nearby is Monkey Forest. Yes, you guessed right, it is a forest park filled with monkeys. More than 300 of our relatives live there and in addition, about 115 species of trees call the park home. Be careful though. Bringing food or anything edible into the reserve is asking for trouble. These little guys will just snatch them from you. And you better give it to them, otherwise they’ll be aggressive.
And now to a more sinister and disturbing cultural site. Why do we say that? Well, if you look at it and walk through its entrance, you’ll see why. This is the Elephant Cave, a 9th century sanctuary featuring stuff from your nightmares! Menacing beasts, creatures and demons decorate the place (for lack of a better word). And the entrance? A mouth of one of these evil beings.
The area surrounding Ubud is also home to diverse landscapes, ideal for an adventurous Bali tour. Whether it is trekking, rafting or cycling you’ll definitely get your fair share of thrills and adventure. Once you’re done with that, you may want to reward yourself by basking in the always tempting Balinese beaches. Find out more with our Indonesia and Bali tours.
www.exotissimo.com/
About the Author
Established in 1993, Exotissimo Travel is a well known Tour Operator in Asia. We have the expertise and connections to create your perfect inspirational tours as well as customized programs in Vietnam, Thailand, Cambodia, Laos, Myanmar, Indonesia and Japan at the best possible price. Your experience guarantees stops to the main sites as well as the hidden spots, giving you a true sense of the culture and rewarding you with unforgettable memories.
We aretwenty-something, yuppie, adventurous newlyweds embarking on the journey of a lifetime. We chronicle our life on the road and transition from corporate American cube dwellers to laid back world travelers. Please visit our website to see additional videos, pictures and on the road reports. www.manaliandterry.com Thanks, Manali + Terry
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Ubud, Bali, Property Investment: Five Great Reasons Why Ubud Real Estate Will Grow in Value
Bali is one of the worlds’ most sought after tourist destinations. Its unique ancient Hindu culture is rich with elaborate religious ceremonies and processions that occur almost daily.
Five Great Reasons for Property Investment in Ubud:
1. Ubud is the art and dance cultural center of Bali. Located in the center of the island-state, this small village is one of Bali’s three primary tourist areas. Ubud thrives on a steady, dynamic level of tourism that stimulates a fast growing real estate business climate for both commercial and residential properties. Bali’s stable provincial government is democratically elected and encourages an open and welcoming business climate since economic growth adds greater tax revenues that permit new and ongoing development projects. The government’s ever increasing investment in infrastructure stimulates even more foreign investment and the implementation of new business standards and regulations underpin long term economic success strategies that point to sustained growth in coming decades. Even during the recent global economic crisis, Indonesia maintained approximately a 6% growth rate. This burgeoning economic giant in the region was little influenced by the downtrend, primarily because the Indonesian financial system doesn’t function as a credit-based economy. Most foreign investment in real estate is on a cash basis. Today property values maintain a steadily increasing growth curve and the investment value of property in Ubud continues to augment because of the town’s popularity amongst tourists and locals alike.
2. Ubud, a quaint little village of only 8000 people, is a magical place. In 2009 it was rated “Best City in Asia” by readers of the US-based luxury magazine Conde Nast Traveler. Ubud dethroned Bangkok as the best Asian city. Bangkok had held the top spot since the category debuted in 2004. Ubud also beat out several other key travel destinations–Hong Kong, Shanghai and even Tokyo–all major contenders for the prestigious award. Ubud’s validation by Conde Nast Traveler as being “The Friendliest Town of All” is just one of many aspects that will most likely boost property and business values in the area for years to come. On a side note for connoisseurs, Cathay Pacific’s Inflight Magazine, named the martinis at Naughty Nuri’s restaurant in Ubud as being one of the top five best in all Asia.
3. Adding to Ubud’s media frenzy buzz, the town was prominently featured in the wildly popular, global best selling book, “Eat, Pray, Love,” which remained on the New York Times Best Seller List for a staggering 187 weeks. Oprah Winfrey devoted two full episodes of her show to discuss the book’s success, which was soon followed by a Hollywood movie of the same name starring Julia Roberts, who won the 2001 Academy Award for Best Actress. Ubud’s recent accolades have intensified global investment interest in the town, which continues to show strongly augmenting revenues in the tourism sector of its economy. Property values and land rental rates for restaurants, shops, residences and hotels continue to skyrocket, which has stimulated even more interest in private real estate investment.
4. Notwithstanding the attraction of Bali’s rich ceremonial culture and its lush tropical environment, one contributing factor to the island’s dynamic rate of tourism growth is its low cost of travel expense when compared to high-key Western destinations in the States and in Europe or even in the nearby Southeast Asian cities of Singapore and Hong Kong. Indonesia’s average per capita income is approximately US per day across much of the country and per capita income for workers in Bali typically is less than five dollars per day. Such low cost greatly reduces construction expense for new projects and the cost for staff once the projects are completed. This factor becomes highly attractive for not only foreign commercial real estate ventures but for private property investment as well. Retirees seeking exotic locales for retirement often place high-value-for-money-spent as a primary investment concern.
5. Living in Ubud has its rewards. Since the town is located in the center of the island at a higher elevation than the over-crowded beach areas further south, the temperature is several degrees cooler. And there’s a bit more rain in Ubud, which generally is of short duration, that nurtures the nearby verdant rice terraces–some of the most dramatic on the island. Ubud’s rich cultural heritage in art and dance has fostered a vibrant expat community of countless individuals involved in the creative arts, many as working professionals. A rich social network already exists in the town and it’s easy to tap into for newcomers. The magic draw of Ubud has triggered the opening of numerous art galleries, fine dining establishments and five-star hotel accommodations. Many foreign investors seek property investment opportunities in Ubud to capitalize on Bali’s lucrative tourist industry by tapping into the luxury holiday rental villa sector.
Ubud’s vibrant residential real estate market has spawned some of Bali’s most innovative architectural designs, many that incorporate structures rising from infinity-edged reflecting pools. The concept blends unique contemporary design with the traditional Balinese “alang alang” thatched roof. The climate is temperate all year long so glass-enclosed, open-air rooms can invite nature inside in an often striking juxtaposition of elements.
Today’s Ubud seems to have captured the most exotic aspects of Bali’s rich cultural heritage while it keeps abreast with the future. It surely has captivated the world’s attention.
Copyright Glen © Allison ALL RIGHTS RESERVED
Visual artist Glen Allison has resided in Bali for five years. The architectural design of his Bali Lotus Villa in Ubud presents a spectacular impression with six inverted pyramid-shaped structures rising from 21 levels of water in a private botanical oasis. He chose Ubud for its high property investment potential and its lush tropical environs.
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