Bali is once again changing the rules of the game for developers and investors.
The island authorities have decided to limit the development of fertile agricultural land. The move is aimed at protecting the ecosystem, preserving rice fields and food security in the region. But it means more than that for the real estate market - especially for those who are building or planning to invest.
What it means in practice
Now you can't build on land with high ag potential.
This is an official restriction - fertile land is excluded from zones for development. The governor has already signed the relevant decree.
Valuable plots become even more valuable.
Narrowing the supply of "white" land (with a building permit) will lead to an increase in demand and, most likely, in prices. Especially in areas where the land has already passed all inspections.
It will be more difficult for developers who do not have access to proven sites.
Buying raw land without a zoning analysis is now an even bigger risk. You can easily be left with a plot of land on which you cannot build a villa or a townhouse.
What should investors do?
- Check zoning before you buy
- Work only with transparent projects
- Follow the BaliRate platform - we give an unbiased picture of the market!
