What’s So Special About Berawa?

What's So Special About Berawa?
Berawa Beach Sunset. Photo by Timur Kozmenko on Unsplash.

Short answer is lots! With so many options close to home for shopping, eating, drinking and just plain old chillaxing, Berawa is at the top of the list when it comes to places to be for your lifestyle choices, but most importantly it’s a great choice for those property ROI’s.

That’s a big statement and here’s why.

Some history first. The southern west coast of Bali is the most popular destination for visitors to Bali. This began in the once sleepy fishing village of Kuta and the surfers who discovered paradise. Numbers grew and the word got out and it didn’t take long for development to spread to neighbouring Legian.

Now, the area is still incredibly popular for visitors looking to indulge in surf-fuelled hedonistic beer soaked neon nights and if you’re lucky enough to find anything for sale here, you’re likely to be looking at price tags as serious as a New York heart attack ranging between IDR 2 – 3 billion per are. Yes, you heard that right! Billion, with a big capital “B”. At today’s exchange rates that’s about USD 225,000 for 10 square meters! Ouch!

The Kuta-Legian contagion spread to the sleepy village of Seminyak and while this was a more upmarket and sophisticated destination just a few short years ago, attracting a ‘different sort of tourist’, it has in recent times become as popular and as busy as the areas it tried to be different from. And with that popularity comes ‘popular’ prices ranging between IDR 1.2 – 1.4 billion per are and small land plots.

Moving up the west coast and next on the list to succumb to this inevitable development has been Petitenget and Batu Belig. Both areas offering more of the same options and facilities as Seminyak and to a lesser degree Legian and Kuta. Prices in these areas are also on the rise but they’re less and range between IDR 800 – 900 million per are.

And then we have Berawa, where average prices range between IDR 700 – 800 million per are.

It’s true that Berawa borders Batu Belig and is just 20 minutes from Seminyak, which is all well and good, but the real draw about Berawa are property options, land sizes, what’s on it’s doorstep and who lives there.

Berawa is very much a self-sustainable community of full-time expatriates from around the world. This diversity is reflected in an eye-watering variety of places to eat as well as world-class facilities close at hand, which include Finns Beach Club, The Canggu Club (now called Finns Recreational Center), international schools, shops, banks, medical clinics and a top surfer’s beach. This is a big draw, especially for families.

The down side to this growing popularity is that property prices are on the rise. However, it’s still a very attractive place to get a healthy return if you’ve got the right strategy and mindset and of course a good real estate agent who’s more interested in helping you get the best deal than clocking you down as another commission.

It’s very possible to lease a nice three-bedroom villa for 25 years and rent it out for USD 30,000 + per year, thereby recouping your initial investment in 10 years. If long-term rentals aren’t your bag, it’s good to know that the demand for short-term holiday rentals is also on the rise and more than a few people are tapping into this lucrative market too, making their ROIs just as attractive and certainly better than anything they could get from a bank, short of daylight robbery!

The truth is we’d invest in Berawa. And we’d do it for three primary reasons:

1. Value of money. What you get is more affordable than Seminyak and Batu Belig. Land sizes also tend to be larger.

2. Proximity to fantastic facilities, including the beach, restaurants, Finns Recreational Center and the Canggu Station (a great place to shop for groceries and daily essentials) are all real close.

3. ROIs. There are a lot of two and three-bedroom options, which are in demand for both short term and yearly rentals and a perfect way to start a healthy revenue stream.

If you’d like more information about villas in Berawa email hello@sevenstonesindonesia.com

 

 

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Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

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Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.