Its unique ancient Hindu culture is rich with elaborate religious ceremonies and processes that occur almost daily.
Five Great Reasons for Property Investment in Ubud:
Ubud is the art and dance cultural center of Bali. Located in the center of the island-state, this small village is one of Bali 's three primary tourist areas. Ubud thrives on a steady, dynamic level of tourism that bali & # 39; s stable provincial government is democratically elected and encourages an open and welcome business climate since economic growth adds greater tax revenues that permit new and ongoing development projects. Even during the recent global economic crisis, Indonesia-maintained economic success strategies that point to sustained growth in coming decades. approximately a 6% growth rate. This burgeoning economic giant in the region was influenced by the downtrend , Today property values maintain a steadily increasing growth curve and the investment value of property in Ubud continues to augment because of the town & # 39; s popularity among tourists and locals alike.
2. Ubud, a quaint little village of only 8000 people, is a magical place. In 2009 it was rated "Best City in Asia" by readers of the US-based luxury magazine Conde Nast Traveler Ubud dethroned Bangkok as held in the best asian city. Ubud & Shanghai and even Tokyo - all major contenders for the prestigious award. Ubud & # 39; s validation by Conde Nast Traveler As being "The Friendliest Town of All" is a one note of a lot of boost property and business values in the area for years to come. On a side note for connoisseurs, Cathay Pacific & # 39; s Inflight Magazine, named the martinis at Naughty Nuri & # 39; s restaurant in Ubud as being one of the top five best in all Asia.
3. Adding to Ubud & # 39; s media frenzy buzz, the town was prominently featured in the wildly popular, global best-selling book, "Eat, Pray, Love," which remained on the New York Times Best Seller List for a staggering 187 weeks. Oprah Winfrey devoted two full episodes of her show for discussion the book & # 39; s success, which was soon followed by a Hollywood movie of the same name starring Julia Roberts, who won the 2001 Academy Award for Best Actress. Ubud & # 39; s recent accolades have intensified global investment interest in the town, which continues to show consistently augmenting revenues in the tourism sector of its economy. Property values and land rental rates for restaurants, shops, residences and hotels continue to skyrocket, which has stimulated even more interest in private real estate investment.
4. Not rise ceremonial culture and its lush tropical environment, one contributing factor to the island & # 39; s dynamic rate of tourism growth is comparatively higher in cost of travel expense compared to high-key Western destinations in the States and in Europe or even in the nearby Southeast Asian cities of Singapore and Hong Kong. Indonesia & # 39; s average per capita income is approximately US $ 2 per day across much of the country and per capita income for workers in Bali This lesson is more than five dollars per day. This factor is highly attractive for not only foreign commercial real estate ventures but for private property investment as well. Retirees seeking exotic locales for retirement often place high-value-for-money-spend as a primary investment concern.
5. there is a rewards. ___ ___ ___ 1 ___ ___ 1 ___ ___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ in Ubud, which generally is of short duration, that nurtures the nearby verdant rice terraces - some of the most dramatic on the island. Ubud & # 39; s rich cultural heritage in art and dance has fostered a vibrant expat community of countless individuals involved in Many foreign investors seek property investment opportunities in Ubud to capitalize on Bali & # 39; s the creative arts, many as working professionals. The magic draw of Ubud has triggered the opening of numerous art galleries, fine dining establishments and five-star hotels accommodations. lucrative tourist industry by tapping into the luxury holiday rental villa sector.
Ubud & # 39; s vibrant residential real estate market has spawned some of Bali 's most innovative architectural designs, many of which incorporated buildings rising from infinity-edged reflecting pools. The concept blends unique contemporary design with the traditional Balinese "alang alang "Thatched roof. The climate is temperate all year long so so glass-enclosed, open-air rooms can invite nature inside an anast striking juxtaposition of elements.
Today 's Ubud seems to have captured the most exotic aspects of Bali' s rich cultural heritage while it keeps abreast with the future. It certainly has captivated the world & # 39; s attention.
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