Business For Sale Bali: Commercial Properties in Bali are Targeted by Businessmen

Business For Sale Bali now available at Hotel Dijual website. A number of economic activities on the Island of the Gods are going fast enough to make the demand or Business For Sale Bali of sale and purchase units of commercial property in the area also growing. Investors or business people continue to eye commercial properties to develop businesses on the island which is known for its tourism industry sector. A number of projects of this type ranging from hotels, office units, shop houses, retail kiosks, warehouses to a row of property units whose demand continues to increase.

A number of investors are eyeing a number of strategic areas in Bali in choosing the commercial property units to buy. Denpasar, Tabanan, Badung, Jimbaran, Kuta, Legian, and Ubud areas are favorite areas targeted by many investors.

Five-star Hotels For Sale in Bali

The number of arrivals in Bali which continues to increase every year opens up many opportunities for business people to work on the tourism business. Not only well-known hotel chains have planted their fangs in developing hotels with the star hotel segment. Several businessmen have also developed hotels with friendly rates and guest houses to target the backpacker traveler segment.

Another type of property that is also a gold mine for the lodging business is a villa. In addition to selling for investment, a number of businessmen have bought villa units in Bali and then developed them into rental units. This is because a number of tourists prefer villas as places to stay because they offer more privacy and a unique interior concept. A number of villas are found in the Pecatu, Jimbaran, Ubud, Unggasan, Seminyak, and Tanah Lot areas.

Not only the hotel or lodging business, the need for office space units is also very much needed for business people or entrepreneurs engaged in other business fields, for example travel agents, banking, as well as the service sector. Another type of property unit that is sought after by entrepreneurs is shop houses that have mushroomed in almost all regions. The function of a shop that can be multifunctional, as a residence and a business is also a special attraction for consumers.

A Variety of Commercial Properties For Sale in Bali

As for space to market their production, a number of entrepreneurs from the handicraft, fashion, souvenir and food industries have chosen shop-houses to expand their business. Apart from shop houses, shops and kiosks that have been used as business space units for a long time are also targeted by many businessmen.

The strategic location factor is one of the determinants of the success of a business developed in a property unit. Not only that Business For Sale Bali, before deciding to buy property, business people are required to be observant about the economic growth and purchasing power of the surrounding community. By looking at the demographics of an area, business people will know what type of business and commercial property units to develop in the area.

Hotels in Bali Sold Cheap Price

This articles translated from https://www.trenasia.com/

The Bali hotel industry is currently being discussed due to reports of dozens of hotels being sold due to the shock of the COVID-19 pandemic. The two-star to five-star hotels on sale are priced at IDR 40 billion to IDR 1.5 trillion.

Responding to this, the Indonesian Hotel and Restaurant Association (PHRI) stated that this was not entirely true. PHRI Deputy Chairperson Maulana Yusran said not all hotels mentioned in the news were sold because they were affected by the corona pandemic.

Maulana did not deny that there were indeed several hotels in Bali that were being sold because they could not survive the economic crisis due to the pandemic.

Hotel Business Collapsed Hit by Corona

“But I also don’t say it doesn’t mean that because COVID-19 nobody sells hotels, yes there are too. However, we at PHRI, until now we have not received data on hotels that were really sold because of COVID-19, “he explained.

Maulana said that the current national average hotel occupancy rate is still below 20%. “There are several hotels that may reach 30%, but if we talk about the national occupancy, the average is still below 20%,” he said.

According to him, the low occupancy rate is due to hotel entrepreneurs still limiting the number of rooms for rent and Business For Sale Bali. The goal is to minimize operational costs incurred.

“They (hotels) are still limited, maybe there are still a few rooms first, for example 50 rooms or 30 rooms first, so they don’t open all of them. Because there are not too many consumers, hotel entrepreneurs must make efficiency in order to survive, “he explained.

PHRI Chairperson Hariyadi Sukamdani said that due to COVID-19, the tourism industry had lost potential income from foreign tourists reaching IDR 60 trillion. The hotels have stopped operating from January to April 2020.

“Meanwhile, from the domestic market, the hotel sector lost potential revenue of around Rp. 30 trillion,” said Haryadi in April.

Haryadi said that as of April 13, 2020 there were 1,642 hotels and 353 restaurants or entertainment venues that had stopped operating.

As many as 47 hotels in Bali are reportedly bankrupt and plan to be sold due to the sluggish tourism industry on the Island of the Gods. This news was widely circulated on a number of social media in mid-June.

List of hotels for sale in Bali that went viral on social media:

  • Hotel Premium Legian Bali – Rp22 miliar
    2- stars Hotel / DIRECT OWNER
  • Everyday Smart Hotel, Kuta Bali – Rp60 miliar
    2-stars Hotel / DIRECT KUASA OWNER
  • The Segara Suites Nusa Dua Bali – Rp55 miliar
    4-stars Condotel / DIRECT KUASA OWNER
  • Berry Biz Hotel Sunset road Kuta Bali – Rp110 miliar
    3-stars Hotel / DIRECT KUASA OWNER
  • The Royal Beach Seminyak Bali – Rp1,5 triliun
    5-stars Hotel / DIRECT OWNER
  • PoP! Harris Dewi Sri Kuta Bali – Rp150 miliar
    2-stars Hotel / DIRECT KUASA OWNER
  • The Sintesa Jimbaran – Rp950 miliar
    5-stars Hotel / DIRECT OWNER
  • Hotel Keraton Jimbaran – Rp600 miliar
    4-stars Hotel / DIRECT OWNER
  • Swiss-belexpress Legian Kuta Bali – Rp125 miliar
    3-stars Hotel / DIRECT OWNER
  • Swiss-belhotel Segara Nusa Dua Bali – Rp300 miliar
    4-stars Hotel / DIRECT OWNER
  • PoP! Harris Teuku Umar Denpasar – Rp110 miliar
    2-stars Hotel / DIRECT KUASA OWNER
  • Santosa City Hotel Denpasar – Rp40 miliar
    2-stars Hotel / DIRECT OWNER
  • Aston Canggu Beach Resort – Bali – Rp200 miliar
    4-stars Resort / DIRECT KUASA OWNER
  • Jimbaran Bay Beach Resort & Spa – Rp185 miliar
    4-stars Resort / DIRECT OWNER
  • Ibis Bali Legian Street Hotel – Rp150 miliar
    3-stars Hotel / DIRECT KUASA OWNER
  • Bali Relaxing Resort & Spa Tanjung Benoa – US$50 juta
    5-stars Resort / DIRECT OWNER
  • Aston Denpasar Gatot Subroto – Rp400 miliar
    4-stars Hotel / DKK
  • Hanging Gardens of Ubud – Rp1 triliun
    5-stars Resort / DIRECT OWNER
  • The Sterling, World hotel @Dreamland Resort – Rp750 miliar
    5-stars Resort / DIRECT OWNER
  • Jungle Fish, Ubud – Rp400 miliar
    5-stars Hotel & Villa / DIRECT KUASA OWNER
  • Kartika Plaza Street Kuta – Rp400 miliar
    4-stars Hotel
  • Art Resort Ubud – Rp85 miliar
    3-stars Boutique Resort
  • Swiss Belresort Pecatu – Rp500 miliar
    4-stars Resort
  • Tuban, Kuta Bali – Rp185 miliar
    3-stars Hotel
  • Summer Home Umasari – Rp15 miliar
    3-stars Boutique Hotel / DIRECT OWNER
  • Sing Ken Ken Boutique Hotel – Rp350 miliar
    4-stars Boutique Hotel / DIRECT OWNER
  • Grand Livio Hotel – Rp175 miliar
    3-stars Hotel / DIRECT KUASA OWNER
  • Zia Bali Seminyak / Daun Bali Seminyak – Rp160 miliar
    3-stars Boutique Hotel / DIRECT KUASA OWNER
  • L Hotel Seminyak – Rp145 miliar
    4-stars Luxury Hotel / DIRECT KUASA OWNER
  • Swiss-Belhotel Petitenget – Rp250 miliar
    4-stars Hotel / DIRECT KUASA OWNER
  • Kanvaz Village Resort Seminyak – Rp700 miliar
    4-stars Boutique Hotel / DIRECT OWNER
  • Hotel d’Sri Saren Legian, Bali – Rp45 miliar
    3-stars Hotel / DIRECT OWNER
  • Legian Sunset Residence Bali – Rp70 miliar
    3-stars Hotel
  • Pandawa Hill Resort – Rp160 miliar
    4-stars Hotel / DIRECT OWNER
  • Berry Glee Raya Kuta bali – Rp150 miliar
    3-stars Hotel / DIRECT KUASA OWNER
  • Ion Hotel Nusa Dua Bali – Rp185 miliar
    4-stars Hotel / DIRECT KUASA OWNER
  • Bedrock Hotel Tuban Bali – Rp300 miliar
    4-stars Hotel / DIRECT KUASA OWNER
  • Pullman Hotel Kuta 60 persen Saham – Rp1,5 triliun
    5-stars Hotel / DIRECT KUASA OWNER
  • Lee Grande Pecatu Graha Bali – Rp650 miliar
    5-stars Hotel / DIRECT KUASA OWNER
  • Suris Hotel Kuta Bali – Rp55 miliar
    2-stars Hotel / DIRECT OWNER
  • Sun Island Legian Kuta Bali – Rp250 miliar
    4-stars Hotel / DIRECT OWNER
  • Mercure Pantai Kuta Bali – Rp270 miliar
    4-stars Hotel / DIRECT OWNER
  • Rivavi Hotel Kuta – Rp200 miliar
    3-stars Hotel / DIRECT KUASA OWNER
  • J Hotel Raya Kuta – Rp120 miliar
    3-stars Hotel / DIRECT KUASA OWNER
  • Saris Hotel Raya Kuta Bali – Rp200 miliar
    3-stars Hotel / DIRECT OWNER
  • Souverigh Hotel Tuban Kuta Bali – Rp270 miliar
    4-stars Hotel / DIRECT OWNER
  • Kuta Anggel Hotel Kuta Bali – Rp55 miliar. (SKO)
    2-stars Hotel

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