Sanur is one of the most appealing coastal towns on the island of Bali, not just with its constant influx of visitors but also with expats, retirees, and investors.
Whether you want to settle in Sanur or capitalize on its growing economic opportunities, there are plenty of high-yield ways to invest in this beautiful town. Of course, any investment requires careful consideration. But with a bit of planning and expert help, the possibilities are virtually limitless.
Hotels, resorts, bars, and even speciality stores can be smart ways of contributing to Sanur’s economic growth. In this guide, we look at why real estate and restaurants represent such amazing investments right now.
We hope you enjoy this article.
Need more expert guidance and hundreds of top properties in Bali?
Building Real Estate in Sanur
With Bali’s global appeal as an expat and retirement hub continually rising, there’s never been a better time to invest in real estate. According to the data from the independent data provider REID, Bali’s real estate sector has grown by around 7% over the past five years. And cultural hubs with plenty of opulent neighbourhoods like Sanur are home to some of the most rewarding short- and long-term investments.
Technically, foreigners are not permitted to own property outright in Bali. However, you can buy a long-term leasehold on a property, which usually lasts for 25 years initially. You can extend beyond 25 years as your contract approaches its end—up to 99 years in some cases.
Some people also invest in Bali’s real estate by first setting up a completely foreign-owned PT PMA Company and using that to purchase the property outright.
As a freeholder, you might face some limitations on how much you can modify the house. But you’ll have the freedom to rent it out to a tenant. Bali’s rental yields are among the highest in Indonesia, with Sanur being one of the best-performing regions.
Becoming a real estate investor in Bali is much more straightforward than you might think. In many cases, you can become a landlord without stepping foot in Bali (though why wouldn’t you want to?).
Getting into a reputable real estate developer can be challenging, this is where Balitecture comes in. With an extensive portfolio of building and designing villas in Bali that will compete in the real estate market, Balitecture offers end-to-end property services.
Given the popularity of Sanur with expats and visitors in the luxury market, there are plenty of reputable companies here that can oversee the entire management of your property on your behalf, from filling it with tenants to dealing with the payments and legalities.
Whether you’re looking to enter the rental market or invest for the long term, the ever-growing real estate market on the fast-developing and already popular island of Bali is likely to be lucrative for decades to come.
Opening a Restaurant in Sanur
Bali’s tourism sector has been remarkably resilient in the face of the pandemic and struggling global economies. Bali has bounced back at an impressive pace – its tourism sector is expected to recover to pre-pandemic levels by 2025.
With that in mind, if you want to get creative with your investment, you might want to consider opening a restaurant. How involved you are in the process is up to you, but it can be as straightforward or hands-on as you like.
While Sanur is a diverse beachside town that attracts people from all backgrounds, it’s particularly fine-tuned to the mid-range and luxury tourism market. That means that of the constant influx of tourists that visit this gem on Bali’s eastern coast, many have deep pockets and an appetite for high-end dining.
Open a restaurant like Sanur’s Blossom Steakhouse that appeals to an upmarket clientele’s preferences in aesthetics and gastronomy, and you could make a pretty penny from the restaurant business.
While the costs associated with running a diner can vary wildly, fees such as rent, utility bills, local ingredients, insurance, and licenses are likely to be much more affordable than they are in the West. Moreover, the average salary for a restaurant worker in Bali is equal to about USD 200 per month.
Opening a restaurant in Sanur gives you the flexibility to put your ideas and creativity out into the world. If you want to keep things as simple as possible, you can always hire management companies to hire staffing, admin, finances, and logistics on your behalf.
Wellness Retreats in Sanur
Sanur, a tranquil seaside town in Southeast Bali, has become a popular destination for wellness retreats. Known for its serene atmosphere and beautiful coastal setting, Sanur offers a variety of retreat options catering to different wellness goals. Visitors can choose from yoga and meditation retreats, spa and relaxation packages, detox programs, fitness retreats, and holistic healing experiences.
Indoor wellness programs are offered all year round, while outdoor activities are best enjoyed during the dry season, which runs from April to October. Many retreats also include Balinese healing practices and offer the opportunity to participate in local ceremonies to provide a comprehensive experience that combines wellness and cultural immersion.
These prove that opening a wellness centre in Sanur is promising due to the constant number of visitors looking for varied wellness retreats. Sanur’s location at the seaside adds benefits to the target market because visitors often go to the quieter area for a maximum peaceful experience.
Buying Ready-Made Villas
Sanur has now emerged as an excellent investment location for real estate due to the daily rental rates increasing. The perfect blend of traditional Balinese culture and modern amenities, coupled with a more relaxed atmosphere compared to busier tourist hubs makes Sanur an appealing location. Sanur has beautiful beaches, a thriving expat community, and a growing tourism sector, making it attractive for both personal use and rental investments.
Purchasing a ready-made villa in Sanur can be an attractive investment option, but foreign buyers must navigate ownership restrictions. Foreigners can’t own freehold property, but alternatives like leasehold (Hak Sewa) and Right to Use (Hak Pakai) are available. Key factors to consider include location, size, amenities, construction quality, and rental income potential. The buying process involves property research, site visits, negotiations, due diligence, and legal procedures. Working with reputable real estate agents in Bali provides valuable guidance through these complexities, offering access to diverse properties, assistance with legal matters and negotiations, and help in mitigating risks. While buying a villa in Sanur can be complex, especially for foreigners, thorough research and proper due diligence, coupled with professional support, can ensure a successful and legal investment journey.
Conclusion
From real estate and restaurants to wellness retreats and buying villas ready-made in Bali, Sanur offers a wide variety of promising investments. Sanur is considered an attractive destination for investors because of the growing tourism sector and expat community. While challenges exist, particularly for foreign buyers, the potential for high returns in this beautiful Balinese locale is significant. With proper research, expert guidance, and careful planning, investors can capitalize on Sanur’s expanding market and contribute to its continued growth and development.
Interested in buying ready-made villas in Bali and need more expert guidance? Let us help!
As a leading authority in the real estate industry, Balitecture provides you with complete assistance throughout the process. A team of experts specialising in A-Z property services is committed to helping you every step of the way.
Set a free consultation with us!
We also have extensive property listings for you. This includes Bali land for sale, villas for sale, villas for rent, and other properties available for lease and sale. Plus, villa management can help you make the most of generating income from your property.
Discover Bali villas for lease and sale here.
Discover Bali lands for lease and sale here.
Find the best features and benefits of villa management here.
