Honestly the market is awash with sale options, but this does not mean they are correctly priced or a good purchase.

Buyers are savvier than ever. They are after good deals that are not of yester-years prices, and more of those are coming available from sellers distressed in other areas of the world so the market is getting interesting. Many agents are being left behind by over valuing and not taking worldwide conditions into account which is not only short sighted but also a time waster for sellers trying to sell at the wrong price, as well as for buyers viewing villas and shying away from making offers when the price is deemed to be excessive.

Investors of course still want to build on raw land for better margins whilst ruining more of the infrastructure that’s already challenging. That is a clever move isn’t it as an investor!? End users are buying at lower budget levels than previous years but demand remains high to save themselves top yearly rental costs. That buoyant market consists of villas selling like hotcakes between the $400,000USD to $700,000USD mark.

A villa should be sold within 4 to 6 months when the price is right, and anything over that the market has spoken I’m afraid.

The buyers market we are seeing like never before incorporates surplus of stock, worldwide cash flow challenges in a 100% cash market and the impact is clear to see, yet many still feel oblivious because of the island’s busy-ness. Time to take your blinkers off darlings… Bali is not unshakeable despite its popularity, it is as impermeable as anywhere else, even if perhaps it took longer to hit us, it’s time to get realistic. It is Latitude Lifestyle’s prerogative and promise to give honest, just and realistic market appraisals, and if sellers dont want to hear what we have to say, we have more than enough correctly priced stock to sell! We facilitate fair deals for all sides of the equation, for everyone to be happy and if we fail to be able to prove the value to a buyer, we have already lost at the starting gate.