Helping You Successfully Enter Bali Vacation Rental Market
If you're just starting your holiday let business, we can help you pick a perfect buy-to-let holiday property, offer guidance on what will help maximise its income and give you a good idea of what you can expect to earn from your investment.
You'll have your very own holiday home that not only pays for itself but also generates an income.
We also find that holiday let owners have much more flexibility with their property, including easier, more frequent access to it than they might with long-term tenants renting it.
We know that by working with us your property will be in safe hands; our aim is to provide a service that suits your needs, deliver you the best year-round income and make your experience as simple and stress-free as possible. And if your holiday let venture is purely an investment and you'd prefer to take a step back from running it day-to-day, then we can help you find the perfect services.
With dedicated property experts on hand daily to offer you bespoke advice, is it any wonder we're one of the UK's leading independent agents? For more information on investing in a holiday let, get in touch with our team now to find out more!
The first consideration for an investment perspective is occupancy. The best occupancy – and therefore rental rate – is Seminyak. This area is the stylish heart of Bali where you’ll find the boutiques, galleries, famous chefs and upscale beach clubs. Many visitors are aware that traffic congestion is an issue on Bali so staying as close as possible to the best entertainment is a priority many will pay for. It also means the areas that immediately surround Seminyak are also in demand and can command good rental returns. In fact, you will often find villas in these nearby areas like Petitenget, Kerobokan, Umalas and Batu Belig described as being in Seminyak to exploit the popularity of this area.
About a 20-minute drive away is Canggu where vacancy rates are higher and rental rates are generally lower which means you will need a strong local manager to help you get bookings. Canggu has a mellow vibe, surf breaks and hip new spots
Further afield in Sanur, Nusa Dua, and in the north, demand is very low from Australia though Europeans tend to appreciate the quieter more local feel. The cliffs of Uluwatu have some of the most amazing properties, and are great for weddings and events, however the costs to develop a super villa to tap this market can run into the millions.
You can also purchase a property “leasehold” with the leases running from just a few years, to 25 or 50 years with an option on another 25 years or longer.
If you buy in a villa complex, you have the added benefit of professional management and marketing, helping you get higher prices and greater occupancy rates, but the management fees can whittle away your return.
If you lease or buy a private villa, you'll earn as much as 60% of your booking revenues after the property management and marketing, staff or maintenance costs.