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Bali, one of the most picturesque islands in Indonesia, has long earned a reputation as a paradisiacal haven for rest and tourism. However, in recent years, the island has become not just a dream destination for millions of travelers but also a lucrative platform for real estate investments.
According to the latest data, from January to July 2023, Bali was visited by more than 3.1 million travelers, which is 68% of the projected 4.5 million for the entire year. The Minister of Tourism, Sandiaga Uno, is confident that the initial forecasts will be exceeded by at least 20-25%. This confirms that the demand for tourism is steadily growing, which, in turn, contributes to the increased demand for real estate and a rise in rental prices.