Friday, 31 May 2019

Q1 foreign arrivals to Bali better than last year

Best Asia Real Estate Editor's Comments,

Laurence speaking at Bali Real Estate seminar April 2019
As I been predicting at my recent seminars "Bali's tourist arrivals will continue to increase year after year for the near future".


As I also show in my seminars the reasons for this are simple.

1) Bali is the 5th most sought after destination in the world for Travel& leisure magazine readers.

2) Bali is ranked the number two Island in the world.

3) For Asian travellers, it is ranked the number one destination on trip advisor.

4) Bali is on everybody's bucket list.

As I also say in my seminars for the past 16 years "Bali real estate demand is directly proportional to Bali's tourist demand".

"Bali real estate demand is directly proportional to Bali's tourist demand"

It's quite simple the more people who visit Bali the more people that think that it might be a good idea to buy an investment property here and lately to retire here.
Three bedroom Bali luxury villa on the 600 m² with private swimming pool only $150,000
If you'd like to find out everything you need to know about Bali Real Estate including laws, best locations, etc. you may view my latest seminar on YouTube for free.

Spend 43 minutes and you will be more educated than 99% of the people in Bali.

Learn from one of the most successful realtors and developers in Bali with 23 years of experience here.

First quarter foreign arrival figures to Bali break last year's record according to airport services company Angkasa Pura. But what are the implications for Bali's Real Estate industry?


Image by Dennis Sylvetser Hurd on Flickr
Angkasa Pura's say they are committed to improving arrival numbers by creating unforgettable experiences at Ngurah Rai International Airport.

Despite erupting volcanoes and investors hedging their bets on the results of Indonesia's recent elections, Bali's tourism industry kicks of 2019 beating last year's Q1 foreign arrival figures by almost 3 percent.

At first glance 3 percent may not seem like a lot, but that translates to an additional 13,000 foreign visitors a month - all needing accommodations, food, drinks, entertainment and some form of transport.

Chinese tourists on the rise

Haruman Sulaksono, General Manager of PT Angkasa Pura I (Persero) the state-owned airport services company managing Ngurah Rai International Airport, said China topped the list, followed by Australia and India according to Bali Tribun.

Chinese tourists account for around 32 percent of all foreign arrivals with the highest growth rates coming from South Korea at 18 percent followed by the United Kingdom at 14 percent and Japan at 11 percent.

Creating unforgettable experiences

Haramun went on to explain Angkasa Pura's was committed to improving arrival numbers by creating unforgettable experiences for guests including various forms of welcome at the airport "that pamper the senses of sight through Balinese ornaments and ornaments, the sense of smell through the fragrant flower arrangements, and the sense of hearing through Balinese music."

However, as Gapura Bali reported in January, the customer experience with a brand like Bali needs to be something everyone from airport management to taxi drivers believes in and engages with. It's all connected. "When passengers have just stepped off a 15-hour flight and walk straight into long immigration queues and are then hounded by persistent groups of taxi drivers for example, all aggressively offering 'the best price' and all bargaining down to an even 'better price,' it sets the wrong tone and for some it's simply the worst 'welcome experience' and a difficult one to forget. This is why it's so important for Bali to think about its brand and how this brand is delivered," the report claims.

Better global access

Recently opened new flight routes to Bali are most likely having a significant impact on this positive arrival trend. According to data released by Routes Online, there have been thirteen new routes and schedules introduced in the last 12-months, including:
Garuda Indonesia launch Bali - China charter routes in January 2018
Qantas adds Melbourne – Denpasar from late June 2018
Emirates adds Denpasar – Auckland service from June 2018
Singapore Airlines schedules 787-10 Denpasar service from July 2018
Lion Air adds Denpasar – Tianjin service from mid-July 2018
Garuda Indonesia increases Denpasar – Seoul service in August 2018
Aeroflot resumes Denpasar service from late-Oct 2018
Thai Lion Air adds Denpasar service from late-Dec 2018
Garuda Indonesia launches direct fights to London from Bali in January 2019
Malaysia Airlines announces an increases in Denpasar service in March 2019
VietJet start Hanoi to Denpasar route in May 2019
Malindo Air schedules Adelaide launch in mid-April 2019
Turkish Airlines plans Denpasar launch in July 2019

Speaking to reporters on VietJet's recent announcement introducing flights from Hanoi to Denpasar, Haruman believes "there will be several airlines that will open new routes and increase flight frequencies. This is also expected to be a catalyst for increasing tourist visits to Bali," in 2019 and a "positive indicator" arrival figures will continue to increase.

How does an increase in foreign arrivals impact Bali's real estate industry?

Terje Nilsen from Harcourts Seven Stones believes growth in tourism translates to growth in real estate investments overall. "It also shows that properties out there are not struggling to find tenants, subject to them being properly operated, of course. It's also good to see there is overall growth in most markets." But he also shares a word of caution. "Hopefully further focus and concrete action on infrastructure will really take off this year to support tourism's growth. Traffic is becoming a real issue, for example, and unless it's addressed it will only get worse as arrival numbers increase," he told WILLIAMS MEDIA, "and if it gets worse the real estate industry will also suffer from the negative knock-on effects."

Are tourists real estate investors?

There's a different take on tourism growth and real estate from Dominique Gallmann of Exotiq Property Bali. "Rising tourist numbers are not necessarily a good thing," he says. "Particularly not if the infrastructure isn't ready to accommodate larger numbers and if the tourist dollar doesn’t get into Bali's economy. In the past, when the majority of tourists came from the United States and Europe, for example, the rising number of arrivals would definitely impact the real estate industry positively. These days, I don’t think this logic holds anymore, as the countries that generate the largest tourist flows are not typical real estate investors. This may change in the future, though."

Hospitality-oriented real estate

Eugene Shivnan from Harcourts Purba refers to a recent report published by C9 Hotelworks, which suggested that despite the upward movement of tourism numbers in Bali, the resort real estate market remains challenged. The report goes on to suggest, "along with the growth of tourism over the past decade, Bali’s hotel residence sector has risen as more developers are looking to sell hospitality-oriented real estate. Currently, in the market, 74% of the units for sale are in completed hotel projects and the remaining being off-plan or under construction."

Sources: Bali Tribun, Routes Online, Angkasa Pura, C9 Hotelworks, Gapura Bali

Thursday, 30 May 2019

2019 Australia's 200 richest people revealed

Best Asia real estate editor's comments,
Editor Lawrence and family at his Bali beachfront home
 I used to say at my seminars. "There are only five ways to become rich".

  1. Marry money
  2. Inherit money
  3. Become a professional such as a doctor or lawyer
  4. Criminal activities
  5. Invest
For most of us the first four choices just won't or shouldn't happen.

Which leaves only investing.

As shown in the latest article below regarding Australia's 200 richest people obviously all them either invested in real estate or some other vehicle to become wealthy.

The good thing about real estate is that not only does it top the list of vehicles that made the wealthiest people in Australia but is also is the least risky if you know when to invest. 

Everybody thinks you need to have a fortune to invest in real estate.

Twenty years ago I started in Bali with $2,500 to my name after losing my life savings when my yacht went down in a cyclone off Australia. I  developed that small amount in to a nice nest egg over 23 years.
See Utube video of this seminar taped on April 24, 2019

If  you would like to learn why this is the "second best time to buy Bali real estate this century" take 43 minutes of your time to watch my latest Bali Real Estate Seminar on Utube. 

You will learn how you can invest as little as $10,000 in a quality property that I believe has great potential earnings. 

When you finish watching this free video you will be smarter than 99% of the people investing in Bali real estate today.

Click here to listen to the full seminar. Don't worry you can stop and go back to continue it whenever you wish. 

As someone said to me when I was 28 years old "you will be the same person five years now with the exception "who you meet what you read"

____________________________________________________

Property remains the main vehicle by which fortunes are made. 
But those in tech are easily the quickest builders of wealth in a record-breaking Financial Review Rich List.


After Donald Trump slashed the corporate tax rate and granted instant write-offs for investment, no. 1 on the Rich List Anthony Pratt grew pre-tax earnings 15 per cent to $1.26 billion. Alina Gozin'a

Michael BaileyRich List Editor

It took 16 years of the Rich List before the club of Australia’s wealthiest 200 included a technology-sector tycoon. Back in 1998, Sean Howard, founder of OzEmail, was alone in a sea of property magnates and media moguls.
 But tech has well and truly arrived as a source of wealth creation in Australia. This year’s Financial Review Rich List includes a record 14 technology entrepreneurs. They are led by Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes who are in the top 10 for the first time, with fortunes over $9 billion each, after shares in their NASDAQ-listed company nearly doubled in value in one year.

For the third year in a row cardboard box king Anthony Pratt takes the No. 1 spot with an estimated wealth of $15.57 billion, up from $12.90 billion. Iron ore miner Gina Rinehart is second (with wealth of $13.81 billion) followed by apartment mogul Harry Triguboffwho has defied the property slowdown to lift his wealth from $12.77 billion to $13.54 billion. Hong Kong-based property developer Hui Wing Mau is in fourth spot ($9.09 billion) followed by Farquhar and Cannon-Brookes.

This year’s list includes a record 91 billionaires. Of the 200 entries, almost two-thirds are the original wealth creators. Property remains the main vehicle by which fortunes are made, responsible for 63 entries, followed by retail, resources, investment and financial services. But those in tech, the sixth largest category, are easily the quickest builders of wealth.

The founder of global logistics software provider WiseTech, Richard White, rockets up 24 places to 20th with a $3.3 billion fortune, after materialising on the list in 2016.

Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, Envato co-founder Cyan Ta'eed and co-founder of fitness app Sweat Kayla Itsines are all part of the rise of the tech sector on this year's list. While Lachlan Murdoch (front left) returns to the rich ranks after a lengthy hiatus. Les Hewitt

The founders of buy-now-pay-later phenomenon Afterpay, Nick Molnar and Anthony Eisen; zeitgeist fitness app Sweat, Kayla Itsines and Tobi Pearce; digital assets marketplace Envato, Collis and Cyan Ta'eed; and medical imaging revolutioniser Pro Medicus, Anthony Hall, have all barnstormed on to the list for the first time.

Atlassian’s Farquhar and Cannon-Brookes only debuted on the list in 2013, in lowly 190th and 191st place. Their team-collaboration software is now used by 138,000 organisations worldwide.

The theme of technology as a wealth accelerator could also be applied to the Bundaberg-based Greensill brothers behind Greensill Capital, even though their official Rich List classification is financial services.

Greensill’s algorithmic ability to extract better supply-chain data and offer more attractive financing rates has been integral to it rapidly gaining nearly one million customers and a multi-billion dollar valuation.

Technology has also spawned a couple of blue-sky Rich Listers in Tim Kentley-Klay, co-founder of driverless car start-up Zoox and Ori Allon, founder of luxury real estate brokerage Compass. Their valuations ballooned on big recent rounds of venture capital.

After Donald Trump slashed the corporate tax rate and granted instant write-offs for investment, Anthony Pratt grew pre-tax earnings 15 per cent to $1.26 billion. This put his family's valuation more than $1.5 billion clear of former list leaders Rinehart (No. 2) and Triguboff (No. 3).

Pratt's valuation was also fuelled by stronger price-to-earnings multiples for listed comparables like Amcor and Sonoco – not that his US-based Pratt Industries, or Australian cousin Visy, will ever be listed or sold while he has a say in it.

A minimum net worth of $472 million would get you on to the list in 2019. All valuations are ruled off in the first week of April. Some Rich Listers have since become much richer: the Greensills have doubled their valuation following an investment in May from Japan’s Softbank. Meanwhile, the Atlassian founders would be ranked in second and third spot given the recent rally in the company’s share price.

A change to the list’s format in 2019 is the inclusion of families, which resulted in five new billionaire family entries: the daughters of Westfield co-founder John Saunders, the Buckeridges of BGC Construction fame, the Barro concrete kings, the Casella wine barons, and the Shahins of South Australian servo superiority. The founders of these businesses have died, but the Rich List team decided that if their descendants still owned the business and were working together in it, these pools of wealth were too big to ignore.

There are 26 women on this year's Rich List, up from 19 last year, although only a couple of these are new entrepreneurs: fitness phenomenon Itsines, and data marketplace builder Cyan Ta'eed. Most of the other new names are imports from what used to be the Rich Families List, while some, such as Hazel Rowe of Supercheap Auto fame, are getting overdue recognition for their hands-on role in building a business alongside their husband.

This year the Rich List includes the valuations of the 50 people who almost made the list: many of them are old-timers who have been overtaken by newer Rich Listers, but there are some up-and-comers who seem destined to crack the Rich 200 in the near future. Notable inclusions are former Macquarie CEO Nicholas Moore (valued at $401 million), golfer Greg Norman ($355 million) and F45 founder Rob Deutsch ($315 million).

Michael BaileyRich List EditorMichael Bailey writes on entrepreneurship and the arts. He is also responsible for the Financial Review's Rich Lists. He is based in Sydney." Connect with Michael on Twitter. Email Michael at m.bailey@afr.com.au

Everything you want to know about Bali real estate and were afraid to ask

This Asia real estate editor's comments:

At the assessment suggestion one of my prestigious clients I taped my last seminar on Bali real estate last month in Sanur, Bali.

Since many of you have busy schedules and are unable to attend seminars I think you will find the engine mission I provide exceptional and complete.

After living in Bali for 23 years and running real estate for the last 18 years plus the fact that I'm married to a full lead license and ignition Notaris I think you will find that everything that you need to know about Bali real estate is covered in this time the seminar.

Feel free to contact me direct for free private consultation at her office in Sanur.

You may also contact my wife Azizah for free one hour consultation regarding anything from nation law, visas,Marital contracts prenuptial's postnuptial's etc.

Here are the details of what was covered in the seminar.

I hope you enjoy.


Aussie tradies are warned to STOP work if temperatures plummet - and your boss might be powerless to do anything about it

Best Asia real estate editor's comments:

I feel sorry for the tradesmen in Australia not only are they suffering through one of the worst downturns in three decades but now they can't work because of the cold weather.

If I was a tradesman there close to retirement I would pack it up sell my house and move to Bali.

Not only will you not freeze during the colder months you will live 70% cheaper in villas starting as low as $158,888 for three bedroom villa.
As low as $158,888 for three bedroom villa.

Learn everything you need to know about moving to Bali and buying Bali real estate including laws etc. in my latest free Bali real estate seminar YouTube presentation.



Canberra is expected to see the mercury drop to as low as -4C on Friday morning
Melbourne and Canberra both had their coldest May day since 2000 this week

By SHIVE PREMA FOR DAILY MAIL AUSTRALIA

PUBLISHED: 23:43 BST, 29 May 2019 | UPDATED: 01:36 BST, 30 May 2019
Tradesmen have been warned to stop work and ask for longer breaks if temperatures plummet to 1C.

Outdoor workers 'should be stood by on full pay' if it gets that cold, according to health and safety guidelines by the Victorian Trades Hall Council.

They are also encouraged to take longer breaks of up to 30 minutes per hour when temperatures drop below 9C.

The guidelines may apply to thousands of workers in the coming days as Australia is battered by a bitterly cold blast of weather from the Antarctic.

Melbourne shivered through its coldest May day in 19 years on Wednesday with the CBC only reaching 10.6C.

Canberra is set to be even colder, with the mercury hitting -4C on Friday morning.

Meanwhile, Sydney, Hobart and Adelaide will have lows between 8C and 4C over the next five days.


Tradespeople 'should be stood by on full pay' when temperatures reach 1C, according to the OHS Reps guidelines (stock image)

According to the OHS guidelines, tradespeople should get half-hour breaks every hour between 4C and 1C, 20-minute breaks between 7C and 4C and ten minutes between 9C and 7C.

Bosses must 'eliminate exposure to extreme cold' by providing heating, shelter and waterproof clothing for their employees, according to Safe Work Australia.

Workers need to be given time to acclimatise to the cold with job rotations, the national guidelines state.

It comes after Melbourne was plagued with icy slush, sleet and black ice on Wednesday.

In regional Victoria, Ballarat also had its coldest May day in 19 years, reaching just 5.7C and recording a light dusting of snow.

'It was just a few sort of flurries... nothing that stuck to the ground,' the weather bureau's Tom Delamotte said.

Working in cold: Health and safety recommendations for employers


Outside work in cold weather to be sheltered, screened and warmed with hot air blowers if possible.

If the environment cannot be effectively controlled, implementation of an appropriate work/rest regime: for example, paid rest breaks of ten minutes per hour for temperatures between 9C and 7C, 20 minutes per hour for temperatures between 7 and 4C, and thirty minutes per hour for temperatures between 4C and 1C.

(An air temperature of 1°C should be regarded as the minimum acceptable for normal work. When the temperature reaches this point, workers should be stood by on full pay.)

Workers needing to do work in intentionally cold environments below 1°C - freezers for example - must be provided with appropriate protective clothing and the time they work in such environments must be kept to a minimum.

Heated rest rooms or shelters should be provided so those workers may obtain temporary relief from the cold. Provision of hot drinks.

Protection of the extremities through the use of appropriate protective clothing, including gloves, insulated or vapour barrier boots, and face masks as necessary.

Provision of hot air jets, radiant heaters and appropriate types of gloves and mittens to keep the hands warm and maintain manual dexterity.

Insulation or substitution of metal handles and control bars to reduce conductive heat loss.

Source: Occupational Health and Safety




Tradespeople should get half-hour breaks every hour between 4C and 1C, twenty minute breaks between 7C and 4C and ten minutes between 9C and 7C (stock image)


Workers need to be given time to acclimatise to the cold with job rotations, the national guidelines state (stock image)

At suburban Oakleigh South a driver was killed about 4.40pm when a ute slammed into a tree, with footage from the scene showing ice on the road.

In Victoria's alps, a father and son were rescued after being snowed-in at their hut for two days.

The pair were led through snow-packed trails from Millers Hut, near Mount Wellington, on Wednesday after becoming trapped on Monday.

The warmest place in the state on Wednesday was Mallacoota in the East Gippsland region near the NSW border, which reached 14.9C.

Omeo, also in East Gippsland, hit 7.6C and Hamilton in the state's southwest fell to 8C, while coastal areas recorded large swells.

Temperatures across much of the state fell to 5C below average, and down to 7C below average in some areas.

Showers were recorded along the state's central coast and in parts of Gippsland, including Yarram in southeast Gippsland which received 24.2mm.
The icy weather is here and snow falls down in Threadbo Resort
Showers are expected to move through Melbourne overnight and into Thursday, with up to 8mm expected.

Thursday isn't expected to bring much relief from the cold, with Melbourne forecast to reach 13C.

A frost warning has been issued for the Northern Country, North East and East Gippsland districts.

'We will see temperatures return to pretty much right on average by Friday across Victoria,' Mr Delamotte said.

Sydney will follow suit with minimums of 8C and 9C on Thursday and Friday, respectively.

Hobart will fluctuate between lows of 4C and 8C over the next five days and maximums as low as 10C.

The South Australian capital will hit a chilly 6C on Friday but remains consistent with maximum temperatures between 14C and 17C in Adelaide.



Many residents took to social media to share videos and images of the icy conditions blanketing much Melbourne and the surrounding southerns region of Victoria

FOUR DAY FORECAST IN YOUR CITY:


Sydney

Thursday: Low 8, High 18

Friday: Low 9, High 19

Saturday: Low 12, High 19

Sunday: Low 14, High 19

Melbourne

Thursday: Low 7, High 13

Friday: Low 10, High 15

Saturday: Low 11, High 15

Sunday: Low 10, High 13

Brisbane

Thursday: Low 11, High 21

Friday: Low 8, High 20

Saturday: Low 11, High 21

Sunday: Low 14, High 21

Darwin

Thursday: Low 22, High 32

Friday: Low 22, High 32

Saturday: Low 20, High 31

Sunday: Low 20, High 31

Source: Bureau of Meteorology

Wednesday, 29 May 2019

Is Bali's Nusa Penida Island a Good Investment ?

Best Asia real estate editor's comments:
Editor Lawrence speaking at recent Bali Real Estate seminar.
Recently quite a few people have asked me about what I thought about investing on the Island of Nusa Penida.

Nusa Penida is an island southeast of Indonesia's island Bali and a district of Klungkung Regency that includes the neighbouring small island of Nusa Lembongan. The Badung Strait separates the island and Bali. The interior of Nusa Penida is hilly with a maximum altitude of 524 metres. It is drier than the nearby island of Bali. 

Nusa Penida is approximately 12 km offshore off the east coast of Bali .

My answer to this request in the past has been "the problem is you have to go across one of the most treacherous channels in the world".

 I know firsthand how dangerous and rough the channel can be. When I first moved to Bali I spent my first five years as owner of Bali Yacht Charters. I was also the owner and captain of my 17-meter Luxury Yacht.
Capt. Lawrence Owner of Bali yacht charters

For five years I  was chartered by Bali's top five star hotels to take their guests almost daily across the channel to visit, snorkel and dive the 3 Islands of Nusa Lembongan, Nusa Cenignan and Nusa Penida.


Nineteen years ago when I discontinued the charters after my yacht was lost in a cyclone off of Australia Nusa Penida was virtually unheard of and offered little in accommodations and dining.

Yesterday I decided to join my wife Azizah who is a fully qualified Notaris for the Klungklung Regency of Bali which includes Nusa Penida and it's neighbor Islands.


She was going over to check on a property that a Chinese national client was considering leasing to make sure that everything was good, legally.

The first thing I noticed in the morning is that the interisland ferry terminal service road had shifted from the road that use to go down by the Grand Bali Beach Hotel had been moved to the next road North of the Grand Bali Beach Hotel.

This was to alleviate the severe traffic problems which were caused in front of the Grand Bali Beach Hotel.

Avoid Ticket Salesmen:

After our driver dropped us off we were immediately approached by some local asking if we wanted to buy tickets.

 After 23 years of living here, I know that people like this are making a commission and you will pay for their commission one way or another.

Even though I had my Indonesian wife with me he persisted until I finally told him angrily I didn't need his assistance.

Ticket booths for Inter-Island Ferries
I am not sure exactly what his gig was but I can guarantee you that it will be added onto your ticket price if you allow him to come to the ticket office.
We decided on an 8 o'clock departure.
Everyone

Only $5.00 for Locals:

We were extremely happy that the price for each of us was only 75,000 rupiah or roughly $5 USD. 

A trip like this on a modern ferry anywhere In the world would probably cost you more like $50. 

Just one more reason why I love Bali.
Ferries leaving Bali
The main reason I was escorting my wife was that 19 years ago the Ferries that use to go over to the islands occasionally broke down and sometimes lives were lost. 

It was not uncommon in those days to see crew with a lit cigarette filling the huge gasoline tanks. An accident waiting to happen.

It appears that these days most of the Ferries are very modern and can handle from 50 - 100 passengers.
I was quite impressed with the six 250hp Modern Suzuki engines which would cost a pretty penny.


One thing that hasn't changed is the method of getting on the ferries.
They are brought in close to the shore. Passengers have to wade in up to waist high water and board a ferry that is bouncing around. 

I'm sure there are many accidents and many destroyed items such as cell phones and cameras during the thousands of boardings each day.

Make sure you wear shorts and all electronics are in a waterproof bag held above your head as you board.
My wonderful, bright wife Azizah and I
After we were underway the boat seemed to handle quite well. 

When its 1,500 hp's cut in we were cruising at an estimated 15 to 20 Knots or approximately 40 km/h.

I found it interesting watching Azizah, who had never been on this type of boat before at first show concern and eventually realize that everything was good. Especially after I advised her that I felt that the boat was safe.

In a short 20 minutes, we were cruising past Nusa Lembongan.


Several captains on other ferries were obviously racing with each other and going back and forth in each other's wake.
 The crossing was smooth because it was still early in the morning, which I recommended because I knew that the winds were coming up later and it would be a lot rougher.


 I became a little concerned when we passed what I thought was the only harbour that I remembered 19 years ago.

I wondered where we were going and hoped that Azizah made the proper arrangements with our driver to pick us up at at the right place

 We finally arrived at a floating dock that I didn't even know existed on the Northern coast.

In the old days, there was only one location where you could bring in a yacht so this was really surprising. 

 We were met by a gentleman who is not only the head of the village but the head of several villages. 

He picked us up in a modern car and immediately took us through the village and up the hill to see the property that Azizah's client wished to obtain.

I was impressed with the fact that there are now several restaurants and dive shops one after another. 

Several hotels featured cookie-cutter rooms that I found out later are preassembled and cost around $12,000 each to build.

At one point as we were driving through the village I realized why so many people were asking me about Nusa Penida recently. It was obviously developing very fast. It reminded me of the Gilli Islands on the north coast of Lombok which developed at a very fast rate as well. 

My real estate instinct took over. I asked how much the price of property just off the beach was?

I was surprised to hear RP 500 million per hundred square meters or roughly $35,000 per hundred square meters.

Why this sounded incorrect is because a property right next to me in Bali Paradise Beach Estates just 15 minutes to 20 minutes north of Sanur in a completed beachfront complex, with unbelievable views, is the same price. 




At that point, I immediately felt the prices are already way too high at least for beachfront and beach view.

The other thing that impressed me is that there are several brand-new paved roads. 

Unfortunately, they are only 4 m wide in town and 3 m wide out-of-town which means a lot of stopping and going when two normal MPV pass each other.

The town has a nice feeling and I'm sure fanatic divers would really enjoy it.
Especially since I know for fact after diving the reefs outside of these towns that there is some of the best diving in the world there. 

Also, I should mention some of the strongest most dangerous currents of the world. This is not a place for novice divers. 

They can go over to Nusa Lembongan Island just a few minutes away by boat.

After a short drive, we arrived at the land my wife was doing her Notaris due diligence on for a client. 


Thankfully the property looked good and it could be consummated later on back in Bali.

While I was there I took a picture of a very old house. Looks like it may be several hundred years old. 
Always love to see what nature has done.


 Later while we waited for a 2 PM ferry I noted that it was extremely hot, even though this it is a cooler time of the year. 

It is not only hot but it is much dryer than Bali.

The famous adventurer Alfred Wallace concluded that Asia's wet climate and Substantial wildlife diminished dramatically to a very dry and hot climate similar to northern Australia near here. After his adventures, they named the artificial line as the Wallace line.

Wallace Line

From Wikipedia, the free encyclopedia
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Wallace's Line delineates Australian and Southeast Asian fauna. The probable extent of land at the time of the last glacial maximum, when the sea level was more than 110 m lower than today, is shown in grey. The deep water of the Lombok Strait between Bali and Lombok formed a water barrier even when lower sea levels linked the now-separated islands and landmasses on either side.
The Wallace Line or Wallace's Line is a faunal boundary line drawn in 1859 by the British naturalist Alfred Russel Wallace and named by English biologist Thomas Henry Huxley, that separates the ecozones of Asia and Wallacea, a transitional zone between Asia and Australia. West of the line are found organisms related to Asiatic species; to the east, a mixture of species of Asian and Australian origin is present. Wallace noticed this clear division during his travels through the East Indies in the 19th century.
The line runs through Indonesia, between Borneo and Sulawesi (Celebes), and through the Lombok Straitbetween Bali and Lombok. The distance between Bali and Lombok is small, about 35 kilometres (22 mi). The distributions of many bird species observe the line, since many birds do not cross even the shortest stretches of open ocean water. Some bats have distributions that cross the line, but larger terrestrial mammals are generally limited to one side or the other; exceptions include macaques, pigs and tarsiers on Sulawesi. Other groups of plants and animals show differing patterns, but the overall pattern is striking and reasonably consistent. Flora do not follow the Wallace Line to the same extent as fauna.[1] One genus of plants which does not cross the Line is the Australasian genus Eucalyptus.
Finally, we headed back to Bali at 2 PM from the original harbour I was familiar with. 


Departure Harbor
Unfortunately, it was a lot rougher on the way back. Gasoline fumes from the engine, combined with severe body odor from passengers provided for a toxic atmosphere. Fortunately, it was all over and 20 minutes.


In Conclusion, Nusa Penida is developing rapidly and no doubt will eventually in the future have some high-quality resorts, hotels, and maybe even some great restaurants.



If you are interested in leasing or buying property on Nusa Penida we have now have established some extremely good contacts there. We have someone that can take you around and show you properties as well.

Most important is my wife is a Notaris for this regency and will ensure that the property is legal so you won't run into any problems with building permits etc.

You can check out our website for possible listings of properties for rent lease or sale on Nusa Penida.
www.bestasiarealestate.com 



In conclusion, unlike the president of the United States, I do not make a comments on anything I don't have a thorough knowledge of.

Quality Notaris Azizah with husband
Lawrence a 22year resident and major Developer.
This is why I've been a pioneer in many trends over the last 22 Years in Bali including the first major Bali Luxury Villa developments, Bali Paradise Beach Estates, and now Bali Luxury Retirement Villas to fill the growing baby boomer demand.


So when somebody asks me in the future what you think about Nusa Penida my answer will be "If you love fantastic diving, gorgeous beaches, and stunning sunsets this the place for you, only 20 -30 minutes from Bali".

"If you love fantastic diving, gorgeous beaches, and stunning sunsets this the place for you, only 20 -30 minutes from Bali".



About the Autor Editor. Lawrence the President, Director, Owner and General Manager of 15-year-old Pt. Bali Affordable Lifestyles International (PT. B.A.L.I.). Doing Business as Best Asia Real Estate
Editor Lawrence, Wife Azizah and Family
His wife and Partner, Siti Azizah Nur, is a fully licensed Indonesian Notaris with a Masters degree in Indonesian Law specializing in real estate, corporate and Marital documentation. 

Together they and their 100 + professional staff provide a one-stop professional, efficient location for Buying, Selling, Leasing and Renting Asian Real Estate.
Azizah, Lawrence a Few Staf at Head office in Sanur.



"Two-time Recipients of Hall Of Fame Award, 
Awarded to only 2 % of the Hotels and Villas  listed on TripAdvisor World Wide"

Lawrence is also one of Asia’s best-known travel and real estate investment experts. 
They publish the daily Bali & World News & Views Blog which combined with Bali News and Views Blog has had almost 1,500,000 pageviews. 
They also publish the Best Asia Real Estate Blog, Facebookand Twitter posts. 

     Head Office: Jl. Karangsari # 5, Sanur, Bali, Indonesia 80228
Tel. Office: 62-361-284069 Fax: 62-361-270143,
Mobile: or Whatsapp: English: 62-8123814014 Bahasa Indonesia: 62-8113864993 Email: lawrenceptbali@gmail.com Skype: baliagents  
Disclaimer: All information presented above is considered true and reliable to the best of our knowledge at the time that it was published. Information and prices may change without notice. The owners of PT. BALI AFFORDABLE LIFESTYLES INTERNATIONAL doing business as BEST ASIA REAL ESTATE and PT. BALI LUXURY VILLAS accept no responsibility for incorrect information listed herein. All recommendations may lose value in the future.

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