Villa Business Owner in Bali: Know the Ways & Benefits

With various factors Bali becomes one of the promising property investment objects, the option of living in Bali or vacationing is very popular. Tourists certainly need an exclusive and comfortable place to stay while in Bali. If you are interested in starting a Bali villa business, here is some information that can help you to invest in a better villa in Bali.

How to Start

Just like starting any other property business, there are several steps that must be taken when starting a villa business in Bali, you can start by (a) Studying the villa market trends in Bali, including tourist preferences, popular locations, competitors, and identifying target markets, (b) Making a business plan, including financial projections, marketing strategies, and operational plans, (c) Choosing a strategic location, such as a villa in Seminyak, a villa in Uluwatu, or a villa in Canggu. (d) Buying land or property with a finished building, with a property company such as Mielproperty (e) Taking care of business permits, such as lodging business permits, Building Use Rights (HGB), Building Construction Permits (IMB), and understanding tax obligations. (f) Renovating and decorating so that the villa can match the initial concept, such as a modern tropical villa or a minimalist villa. (g) Marketing and promoting, both offline and online.

Villa Price Analysis

According to Mielproperty data in early November 2024, the range of villas with a building area of ​​80 square meters and a land area of ​​105sqm in the Jimbaran area, Badung, is sale starting from IDR 2 billion. (i) Then, for a 3-bedroom villa with a building area of ​​200 square meters and a land area of ​​180sqm in Berawa Canggu, it is offered starting from IDR 4 - 6 billion. There are several factors that affect the price: building condition, road access, facilities, and distance to tourist attractions.

Lodging Business License

Based on Bali Provincial Regulation (Perda) Number 16 of 2009 concerning the Spatial Planning of Bali Province, buildings in Bali may not be higher than 15 meters. If the concept of the villa you are building is still below that height, it means it's time to take care of the accommodation business permit. There are several documents that need to be prepared for the requirements and service mechanisms for accommodation business permits known as Melati Permits: (a) Letter of personal information from the applicant (b) Copy of the company's deed of establishment (c) Business premises permit (d) Recommendation letter from the agency (IMB, tourism business) (e) Brief description of the company & organizational structure (f) Location plan / map

Villas Business Benefits

Bali villa business is considered as one of the profitable businesses, because the demand is high. As is known, the development of the number of tourists in Bali almost always increases every year. Here are some of the advantages of the villa business in Bali that can be considered.

Can Be an Investment

The value of the property business in Bali can skyrocket day by day because it is located in a location that is visited by many tourists such as Kuta, Sanur, Seminyak and Uluwatu. So, when in the following years the owner wants to sell his property again, he can get a higher price.

High Market Value

Meanwhile, according to the Tourism Board, the highest number of visits will be in 2022, reaching 6 million tourists. For business people, that is certainly not just a meaningless number. This number means that the market share in Bali is very high, especially for businesses engaged in the tourism sector.