Bali or Turkey - where to buy real estate?
Buying real estate abroad is becoming more and more popular among investors seeking to invest their money in stable assets, enjoy a comfortable vacation and possibly earn additional income. We tell you where it is more profitable to buy real estate - Bali or Turkey?
Real estate abroad is not only a personal hideaway for vacation and resort life, but also a financial asset, for those looking for a stable income. Two popular destinations for real estate purchases in particular stand out - Turkey and Bali. These places not only offer opportunities for recreation and entertainment, but are also attractive to investors seeking capital growth and a stable income from rental properties.
Read more about the advantages and features of real estate in Turkey and Bali further in the article.
Why are Bali and Turkey so popular with expats?
Turkey has always attracted foreigners with its tourism, nightlife and low cost of living. In addition to this, the country boasts a developed economy and a rapidly growing real estate market.
The country's geographical location at the junction of Europe, Asia and Africa offers access to markets with 1.3 billion consumers.
Turkey ranks 33rd in ease of doing business among 190 countries. Income earned in the country is taxed at a maximum of 35%, which is favorable for foreign investors.
Turkey is visited by 45 million people annually, which makes it one of the most popular tourist destinations. Foreigners invest here in real estate to have a home for vacation, and the rest of the time to receive a stable income from rental properties.
In turn, Indonesia, consisting of more than 18,000 islands, impresses with its natural beauty and diversity of landscapes. Indonesia's economy is growing steadily, with inflation rates keeping between 2-4%.
Bali, one of the most famous islands in Indonesia, attracts the attention of investors for many reasons. This island is a preferred vacation destination for both Indonesian residents and tourists from all over the world.
Bali is famous for its exotic plants, volcanic landscapes, endless rice fields, and cozy bars and cafes with local flavor that allow you to enjoy stunning views of the sea and mountains.
Bali's tourist season lasts all year round, attracting half a million people each month, with occupancy rates at tourist sites reaching 70-80%. After the pandemic, the region has quickly rebounded with 6.3 million visitors through 2023.
Infrastructure development in Bali continues, further boosting tourist traffic. With an upgraded port in Gilimanuk, the main transportation hub between Bali and Java Island, the island's annual visitor numbers are expected to increase to 14 million.
In addition, Paramount Theme Park Bali is scheduled to open on the island in 2025, further increasing its appeal to tourists and investors.
Advantages of investing in the real estate sector in Turkey
Portfolio diversification
Investing in Turkey reduces the risks associated with market volatility by diversifying across different asset classes and locations. This provides access to a market with greater opportunities for growth and profitability.
Residence permits for real estate owners
Investors who buy real estate in Turkey worth $200,000 or more are eligible for a residence permit. The residence permit applies to all family members, allowing children to be educated in Turkey.
Passive income potential
Turkey is famous for its natural and cultural attractions, and affordable real estate attracts investors. A thriving tourism industry and growing demand for accommodation create a steady source of rental income from real estate.
Citizenship through investment
Turkish citizenship can be obtained through investment, making the process convenient and quick. Buying real estate is the most popular choice for 90% of citizenship program applicants. Turkish citizens have access to visa-free entry to many countries, as well as quality healthcare and education.
Pros of investing in real estate in Bali
High level of profitability
Investing in real estate in Bali is a very profitable option, as the cost of renting real estate on the island increases by about 15% annually. The average profitability of such investments is from 12 to 20% per year, which allows investors to recoup their investment in 5 years.
Equity investment opportunities
Equity investing allows more people to participate in the purchase of real estate. Investors can buy a certain share in the real estate, which gives them the right to manage this part and receive income. This form of investment is particularly attractive to young investors with small start-up capital, giving them the opportunity to earn a return on their investment.
International developer ANTA Group offers exclusive equity investments in premium apartments in Bali's popular Changgu neighborhood, ANTA Residence Canggu.
Special government programs
Bali is the fourth most attractive investment destination in the world. The Indonesian government is actively working to create a favorable environment for foreign investors, constantly improving the conditions for investment at the legislative level. Structural reforms are aimed at improving the business environment in the country, offering a variety of tax incentives and simplifying the investment process.
Trends in the tourism sector
Ecological and quality tourism is increasingly gaining popularity in Bali, attracting tourists with high-quality services and unique experiences. Balinese entrepreneurs are actively promoting national and cultural heritage, creating new opportunities for tourists and contributing to the economic development of the region.
Preserving the island's nature and uniqueness attracts travelers, increasing revenues and the value of real estate investments. With a year-round tourist season, Bali provides a constant demand for hotel services. And many foreign investors who invest in apartments for rental purposes - earn high returns.
How to find the perfect place to invest?
The choice between Bali and Turkey depends on personal preference and investment goals. Both regions offer high returns on real estate investments, whether renting or later selling.
Whether you choose to invest on the tropical island of Bali or in the rapidly developing Turkey, both locations offer excellent prospects and the opportunity to earn high returns on your own real estate.
A profitable investment option in Bali is the purchase of premium apartments ANTA Residence Canggu.
- Business class 5* apartments with unique infrastructure
- On the main street of the most fashionable location of Bali, Changgu - Batu Bolong
- 7 minutes from the Indian Ocean, beach and surfspot.
- 5 variants of apartments, from 40 m², from 139 000 $
The complex includes 113 apartments with modern renovation, furniture and appliances, and combines all possible services - Jungle roof-top, tropical infinity pool overlooking the ocean, restaurant and cafe, underground parking with your own bike as a gift, co-working, personal golf cart transfer, children's area with babysitter, surf school, beauty and SPA salon, smart gym and event hall on the roof.
Turkey is also an attractive real estate market, where you can get a high return on investment.
To minimize risks, it is important to choose proven developers. Most investors prefer to buy business class apartments in Turkey.
Profitable offers of apartments for investment:
- Business class complex on the main tourist street of the city.
- Apartments 2+1, view penthouses, area from 72 m².
- Cost from 130 000 €.
- Located just 3 minutes from the beaches and historical sights.
- Estimated payback on daily rentals - 9.8% per annum.
- Business class apartments starting from 53 m².
- Modern design: 1 bedroom, living room with kitchen, bathroom with toilet.
- Duplex 3+1 from 130 m².
- Investment from 145 000 €.
- Located in close proximity to the Mediterranean Sea and major attractions
- Estimated return on investment for daily rentals - 9.8% per annum.
- Comfort class apartments in the historical center of Antalya.
- The layout is 2+1 with balconies, 20 apartments in total.
- Area 72 m², price from 170 000 €.
- Unique location: just 3 minutes from the Mediterranean Sea.
- Estimated return on investment for daily rentals - 9.8% per annum.
These projects have been developed by a reliable international developer Antagroup, guaranteeing high quality construction. By investing in these offers, you not only provide yourself with reliable housing, but also open the door to profitable investments in Turkish real estate.
You can find more offers, current prices and competent advice on purchasing real estate from the developer AntaGroup by clicking here.
Daria Rogova - Head of Insurance at Visit World
To move, travel or work safely in a new country, you will need travel insurance. You can apply for an extended policy on our website here.
Products from Visit World for a comfortable trip:
Checklist for obtaining a visa and necessary documents in Turkey;
Legal advice on immigration in Turkey;
Insurance for residence permit in Turkey.
More articles on the topic:
Real estate in Turkey - is it still an attractive investment destination in 2024?
Tourist real estate: prospects and opportunities for investors.
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