Existing Construction versus New Construction
Since the borders reopened in April 2022 after COVID, the real estate market in Bali has been booming. Across the island, new construction projects are sprouting up like mushrooms. Especially in the southern part of Bali, new construction projects are overwhelming the market.
We also see a significantly increased demand for these new homes, and there are certainly good reasons for this. New villas have several advantages over existing homes. We will outline a few of these advantages for you.