Why should you consider investing in Lombok instead of Bali?
Lombok is fast becoming the next Bali for investors!
For decades, tourists have known Lombok as Bali’s sister island.
However, in the past few years, Lombok has gained significant attention from foreign investors.
Here are a few reasons why people from around the world are investing in Lombok:
Lombok’s location, population, culture, economy, new projects, annual increased tourism, along with the real estate opportunities make it an excellent opportunity for foreign investors.
Lombok is an island situated in the West Nusa Tenggara province of Indonesia, right next to Bali. It is one of the most beautiful islands in the region, which only adds to its attraction for people from both within and outside Indonesia.
Lombok is home to approximately 3.4 million people, with well over 1 million tourists arriving annually.
The island is divided into five regions:
West Lombok
North Lombok
Central and East Lombok
South Lombok
Gili Islands
All these regions are surrounded by islands, powder-white beaches, waterfalls, and the relaxed atmosphere that can only be found in Lombok.
Another reason why foreigners are now choosing to invest in Lombok is because of the volume of tourists visiting the island every year.
Tourist growth of 10% year over year signals a high return on investment.
The MotoGP Race alone, from March 1–6, brought 65,000 new visitors to the island, along with the ever-growing tourist demand, there is a huge shortfall in accommodation.
As the number of tourists continues to rise, the island only has enough hotels, villas, and homesteads to accommodate around 24,000 people.
The government of Indonesia is working to increase this capacity to 100,000, which also helps pave the way for international investors.
The most popular areas of Lombok are Kuta Mandalika, Senggigi, Rinjani, and the Gili Islands.
High-end development projects such as ATRIUM APARTMENTS.
We are looking to further improve tourist accommodation and guest experiences when visiting this majestic island.
While the Mandalika Development Project also aims to create luxury tourism in Lombok,
Along with the government’s drive for tourism enhancement, investing in Lombok is on the verge of becoming as lucrative as investing in Bali, which is certainly food for thought.
To find out more about how to become a part of this truly unique development.