Bali Property Price Record in 2013

Doing business property in Bali always provide promising opportunities , specifically in the year 2013, Real Estate Indonesia ( REI ) Bali predicts growth of property business rose 15 % . Efforts in the field of property is expected to grow and will reach a record high level in 2013 compared with previous years . Bali assessed economic performance is outstanding, with annual growth of 6.6 % , above the average Indonesian national economic growth of 6.1 % . According to data from Bank Indonesia ( BI ) despite the global economic downturn , Indonesia and Bali in particular , continues to prove the existence of strong economic growth , with low inflation around 4.6 % . Bali REI Data also showed that the price of land around the town center and in Badung is expected to rise to about U.S. $ 4 billion ( U.S. $ 420,000 ) per acre ( 100 square meters ) , up from USD 2.6 billion this year . Last year , the price is still in the range of USD 1.7 to 2 billion . Kuta , Seminyak and Legian , and all the hot spots of the Badung regency - Bali will reach USD 3 billion to 4 billion Euro soared by ARE in the year 2013 . For properties throughout the city of Denpasar , the market price increased from Rp 200 million to Rp 300 million , and is predicted to reach 400 million Euro this year . Property consultant Knight Frank released the findings based on studies that prove that the price of land in strategic areas of Bali has rocketed to 43 % , the highest increase in 10 years, with previous land prices continue to rise varies between 8 to 16 % .