Bali, Indonesia
Property prices · 2024 · Asia
Property price trend in Bali (2024–2026)
Property comparison — cities in Indonesia (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Bali |
|---|---|---|---|---|
| Bali | IDR 35,000,000 | IDR 24,000,000 | IDR 5,500,000 | — |
| Jakarta | IDR 28,000,000 | IDR 18,000,000 | IDR 5,500,000 | -20% |
| Surabaya | IDR 22,000,000 | IDR 15,000,000 | IDR 3,800,000 | -37.1% |
| Yogyakarta | IDR 14,000,000 | IDR 9,500,000 | IDR 2,500,000 | -60% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Bali in 2024?
In Bali, the average price per sqm in the city centre is IDR 35,000,000, and IDR 24,000,000 outside the centre (2024 data). Prices have risen 10.8% since 2024.
How much is rent in Bali in 2024?
A 1-bedroom apartment in Bali rents for approximately IDR 5,500,000 per month in 2024. A 3-bedroom apartment costs around IDR 9,000,000/month.
Is it better to buy or rent in Bali?
Renting is generally more cost-effective in Bali. The price-to-rent ratio is 25.0x — it would take approximately 25.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 7.50%.
What are mortgage rates in Indonesia in 2024?
The average mortgage rate in Indonesia is approximately 7.50% as of 2024. With a price-to-rent ratio of 25.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Bali?
The average property price per square metre in Bali city centre is IDR 35,000,000 in 2024. Outside the centre, expect to pay around IDR 24,000,000/sqm.