Bali facts
CURRENCY Indonesian Rupiah (IDR) exchange rates tend to fluctuate and most property prices are quoted in US$. Current exchange rate is approximately IDR 9,500 to 1 US$
POPULAR AREAS South Bali including, Seminyak, Nusa Dua, Kuta, Sanur, Canggu, and Jimbaran. Due to improved infrastructure, areas to the east such as Candi Dasa are also gaining popularity. Cliff and beach front land are in high demand but there is limited availability.
PRICE RANGES Many variables in terms of age, style, location and condition so there is usually something to suit all budgets.
VISA REQUIREMENTS Visas are required for all overseas visitors and are available for purchase either upon arrival at the airport or through the Indonesian Consulate in your home country.
MORTGAGES Generally unavailable to non- Indonesians. However, some developers are offering finance terms to buyers.
CLIMATE Between 20 to 33˚C year-round. Rainy season October to March. From June to September there is lower humidity and cooler evenings.
POLITICAL CLIMATE Indonesia is experiencing a move towards democracy with a more liberal outlook.
ECONOMIC CLIMATE Tourism, either directly or indirectly accounts for 80% of the island’s economy.
TAX Assets and income in Indonesia are subject to taxation, it is advisable to consult a professional for details.
POPULATION Over 3 million, the majority of whom are Hindu. The island’s largest town and administrative centre is Denpasar with a population over 350,000.
