Welcome to the first quarter issue of Exotiq Magazine for 2010.
That Southeast Asia is so hot right now, in more ways than one! The sun is shining, the beaches are looking good and the inbound planes are full to overflowing as the peak tourist season gets well underway in Thailand and Indonesia.
The world has turned that all-important economic recovery corner with property sales back on track and set to make 2010 a bumper year for all concerned. The recession has had a cleansing effect on the market with weak, under-funded developers and agents deserting the marketplace, leaving behind the suppliers who have the funds to ride out the dip and complete their projects.
In Bali and Lombok, foreign tourist arrivals are at an historic peak and the property market has picked up again strongly with prospects for 2010 looking bright. Sales of land have increased as more and more expatriates are choosing to build their homes here, while the average price of property sold has moved up from US$ 300,000 to US$ 600,000 in the last 12 months.
In Thailand, despite visitor numbers being down on 2008, they are experiencing a higher spending demographic of visitor than usual, which augers well for the propert sector as buyers are being lured back into the holiday-home market to take advantage of some heavily discounted property prices.
2010 also holds big things for Exotiq as we launch a new look for the brand, and a larger and better looking combined Thailand / Indonesia magazine, along with new websites offering unique property research tools designed to make your task of understanding markets and spotting opportunities that much easier. We will also be expanding our network to include new Asian destinations, including our first step into the exotic Australian marketplace.
So kick back, enjoy the tropical sun and browse through our extensive list of properties and start turning dreams into your own reality.
On a cumulative January-September basis, total arrivals to Bali hit 1,672,923 for the first three quarters of the year.
Held each year to coincide with World Travel Mart in London, the 16th World Travel Awards were held recently in London.
Karma recently announced the appointment of two key personnel for its resort operations based in Bali.
As the world's property values continue their downward spiral as a result of the global financial crisis, Southeast Asia's resort markets continue to buck the trend with increasing demand for a piece of the tropical real estate action. In Bali and Indonesia that demand is stronger than ever, while it growing steadily in Thailand as it starts to put its political instability behind it. Indonesian and Thailand real estate are buoyant cash market with very few mortgages and financing options available, which means no risk of foreclosure or unnecessary fire sales. This has created a solid platform that leads to continued appreciation in financial investment.
For a full comprehensive list of the many hundreds of exotiq property listings please visit www.exotiqrealestate.com
We have many hundreds of beautiful properties listed with us at exotiq Real Estate in Bali and Lombok designed to bring you the best in tropical living. Here are just a few of our top recommendations for exceptional properties for the month of August. Read on and be inspired.
Inspired by the natural beauty of the site, the architect has designed an opulent and desirable villa, each in a dramatic setting combining the natural landscape with unrivaled 200-degree sea and sunrise views...
A showcase villa in every sense! This spectacular five-bedroom property is located within a prestigious private estate with stunning 180 degree westerly views from Leamsingh, through Surin to Bang Tao.
These villas are part of a small, quiet revolution in the Bali property market. It is the first and only development in Bali where the houses are built using solely solid hardwood timber and natural stone, the strongest and most durable building materials on earth.
This very special, very unique 480 square metre avante–gard designed villa is one of a kind. Extremely well built with generous amounts of stone and timber...