Bali real estate overview
The resent years tremendous growth in the Balinese villa rental
market continues, with a large number of developments coming up chattering for this fast growing market. Tourism arrivals and villa rental growth was at a all time high 2007, so fare the figures for 2008 is up with another 24% in an average. The Bali real estate developer for villa rental market also sees a much wider spread in the market than before, whit virtually all markets wanting more and more villa rental. The obvious high value for money and the most inviting holiday experience a private villa rental can produce is something the market becomes more and more aware of. The privacy and space that private villa rental market offers compare to the traditional hotel market for almost same prices is hard to match. Now also more and more private rental villas structure them self with reasonable and good additional facilities with in F & B, spa and others, allowing same convenience as with in 5 star hotel premises. The villa rental market therefore not only grows its numbers in new markets, but also competes more and more with the 5 star hotels. With then also a higher number of these rental villas in central and wanted locations it is an easy choice for a already loyal Bali real estate markets as well as first time arrivals to Bali.
Some of the up market rental villas now also offer full in house butler service taking care of any and all needs. Rental villa companies is now also creating more and more packages around their guests stay, making the villa rental business now also much more attractive to larger travel companies ensuring a even larger volume for the villa rental market and Bali property.
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