Tampah Hills offers a secure investment for foreign and local citizens alike in Lombok’s booming property/land market. Marketing for the Luxury Property market is an essential ingredient in all of the services Elite Property Marketing offers. Real estate prices have been spurred by a combination of factors including: – increasing tourism numbers; The resort is well positioned in Lombok’s Boutique Hotel Market and has been awarded TripAdvisor’s Certificate of Excellence every year since 2012. From pole barn villas to shipping container villas the trend is apparent. Hi Tom, would be interesting to read what you think about the Covid-19 impact on the land and property prices on Lombok. Gregory Lloyd Luke acquired extensive knowledge of the Lombok property market during his twelve years on the Island. #1 I live in Indonesia and have 2 small dogs can I bring them to Lombok are there restrictions like Bali While land prices in Bali have jumped in just four years from less than US$300 per square metre to more than $1,000, Lombok is still early in its development process. Yes absolutely, we will have a cold beer waiting for you. According to Tourism Solutions International, tourism on Lombok is set to double, “The island is also fast gaining interest from foreign real estate investors and individuals seeking an alternative to the increasingly saturated Bali market for property purchases. Government moves and new offerings – such as these villas at Selong Selo Resort & Residences, Lombok – are stirring interest in Indonesia’s property market. 2. Other regional markets, such as Koh Samui and Phuket in Thailand, also contribute, as do the high prices in developed markets such as Australia, Hong Kong, Singapore, and Malaysia. The property has staff accommodation on site. Only 45 minutes from Lombok International Airport. Part 2: Why use a Real Estate Agent in Lombok? Click below to learn more. Question. The metal villa industry is on the rise, and in 2019, More and more people will have modular style villas built. Part 1: Why use a Real Estate Agent in Lombok. This completed two bedroom v. Can foreigners own property in Indonesia? Thank you for your questions. Lombok Commercial Property . The rising domestic demand of Indonesian investors and tourists is an additional factor. has several options for access, the road runs parallel to the main road. Be the first to know about our latest Real Estate projects and more from Lombok Indonesia. Indonesia has experienced consistent economic growth of between 5-6% year-on-year since 2010 and this is expected to continue in years to come. – Increased international tourism numbers underpinning strong occupancy levels for villas and hotels, especially in South Lombok. I have a couple questions before buying a property As its neighbour faces challenges associated to over-tourism, investors are turning to Lombok for more reasonably priced land and property investment opportunities. We monitor and identify commercial property trends and deliver projections to help you make critical decisions for your business's future. Mount Rinjani meanwhile is not only the second highest volcano in Indonesia, but also offers one of the planet’s most spectacular climbs. This plot comes with building permits already granted for a 36-key Hotel and Beach Club concept. Lombok Property Market in 2019 . Considered one of the five most attractive emerging investment locations in Asia by ‘Property Report’, Lombok is situated between the tourism hotspots of Bali and Komodo Island. President Joko Widodo was elected to office in 2014 and was successfully re-elected in 2019. 2. This is an excellent opportunity for an investor looking to get in to the tourism market and hotel market in Lombok, an investor looking to expand their brand or an investor looking for a high ROI. We work closely with our developers to help create a product mix which will sell to the current market… not just a dream based on anecdotes of high returns. In recent years, the Indonesian government has realised Lombok’s huge potential and started to promote the island as one of the country’s primary tourist destinations. Thanks Tania, yes we are regular touch with buyers and seller on this subject. 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