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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$2 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
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.
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has instruction book and attachments in case
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Singer made then by the million, so the world is full of them.
You will find them in the most remote parts of the globe.
I would'nt be surprised if they found one on the Moon !
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Rias Baixas
Rias Baixas faces the Atlantic Ocean off the coast of Costa del Marisco. Rias Baixas is a Spanish province known for its grapes, used to make excellent white wine. Rias Baixas is very famous for its Spanish wine selection, including the following famous wines:
Albariño de Fefinanes
Brandal Albariño
Condes de Albarei Albariño
Don Olegario Albariño
Mar de Frades Albariño
Paco and Lola Albariño
Pazo de Senorans Albariño
Pazo de Sanorans Seleccion de Anada
Salneval Albariño
Serra da Estrela
Torre la Moreira Albariño
Valminor Albariño
Rias Baixas is not only famous for its vast wine selection; it is also famous for its climate which is Atlantic, with wet winters and mild summers. The rainfall in this area is generally high while the temperatures are mild with the average being 55 degrees F; this climate makes it easy for grapes to grow with over 2,200 hours of sunlight during the growing season.While the grapes are growing nice and ripe on the vines, it gives you plenty of time to go around on a tour where you can enjoy a great time at the beach, taste wines and even have a chance to make your own wine. There is also a national park in Rias Baixas, Cies Islands which is part of Galicia National Park. It is a great place to see wildlife in action. Along with many other things to do in Rias Baixas, you could go fishing at one of the great fishing ports in Rias Baixas - Ribeira and Bueu.The beaches are also great places to visit in Rias Baixas because they are extremely safe with lifeguards on duty most of the day.Overall Rias Baixas is a great place to be along with the rest of the Galician coast, being a great place to "have a good time and let loose" while being able to embrace the history of these magnificent places including their great beaches, restaurants, resorts and wine. With regard to the beauty of Rias Baixas, it is one of the most beautiful places you can visit in the world; walking around seeing grapes everywhere, having a view of the ocean around that seems like it will never end and a picturesque view from your bedside, it is almost unbelievable. However you may never be able to believe what I am talking about until you have actually seen it with your own eyes, so make your next vacation to Rias Baixas or any of the Galician coasts.
About the Author
Read about vakantiewoning costa brava read also about vakantiehuizen moraira and vakantiehuizen estartit
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