Bali provides a unique island lifestyle, blending both indoor and outdoor living experiences. Before deciding whether to rent short-term or long-term or buy a home in Bali, it’s crucial to consider several factors. Regardless of the villa you choose, it’s important to maintain realistic expectations and recognize that you’ll be residing in a place that operates differently from your home country.
The real estate landscape in Bali has witnessed inflation and increased demand, impacting rental rates. Post-COVID, prices have surged, affecting both Airbnb and long-term rentals. Different areas command varying prices, and understanding the housing market can be confusing for newcomers. It is not what you are used to back home, in the way you find a home, how real estate agents and property owners work, and the requirements of a tenant.
In Bali, the word villa is used for pretty much all accommodations. However, a villa is referred to as a detached house, separate from your neighbors, usually with a pool and garden space. Townhouses, apartments, and local homes are other options, but there tends to be a focus on villas.