Real Estate Opportunities in Bali

By: Michael Travers
Lombok is a large and diverse island with a different geography and culture to that of Bali and has many different areas offering many different lifestyle options. In contrast to Bali, most people on Lombok are Sasaks, a Muslim people with a culture and language unique to the island. Lombok has historically been a poor cousin to Bali's tourism boom but that is changing with large amounts of investment pouring in and an international airport being constructed in the island's south. To give you an idea of what Lombok has to offer it is best to look at the following specific regions and areas.

Lombok's south coast is extremely popular and is blessed with the island's best beaches. The popular Kuta beach for example is a magnificent stretch of pristine white-sand beaches and turquoise waters with rugged hills rising around it. Home to the new airport, real estate is booming with land prices have increased 200% in the last 12 months, driven by the demand in Bali and the desire for something new.

To the east is Senggigi, a well-known and lively tourist destination slotted between the ocean and Mount Rinjani National Park and offers lots of shopping, small hotels, villas and commercial business opportunities. Senggigi is home to the largest concentration of Lombok's expatriate community and has a large selection of cafes and restaurants and, due to the proximity to the airport and main ferry terminal, sees many transit tourists passing through en route to the Gili islands.

The Gili Islands are three small, but hugely popular, coral reef fringed islands off the northwest coast of Lombok: Gili Meno, Gili Air and Gili Trawangan and all three offer great real estate opportunities for both commercial and residential developments. All three islands have accommodation and restaurants but by far the most popular is Gili Trawangan, with many 2-5 star hotels and facilities available. Accessible only by speedboat and free from cars, the Gilis have some of the best beaches and diving in Indonesia and have got to be anyone's perfect vision of a tropical paradise.

Lombok's west coast has an abundant availability of land at affordable prices and passes secluded coves and white sand beaches. It offers mountain views and glorious sunsets in close proximity to he capital city of Mataram and the island's existing airport. The undeveloped north and east coast of Lombok, while being a long way from the major towns and tourist centres, boast beaches, mountains and spectacular views and land at unbeatable prices.

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