8.3 Are of Leasehold Land for Sale in Umalas, Bali,Umalas - LeaseholdReference ID: LK-004
8.3 Are of Leasehold Land for Sale in Umalas Bali. For the curious market-watchers who are looking for land for sale in Bali and have been monitoring the ebbs and flows of the Bali property market, you’ve seen certain areas come in and out of favour as a number of factors affect the surrounding areas of each village. This fine piece of land for sale is very well positioned within the most traditional ‘alternative’ village of them all – Umalas – to take advantage of the change sweeping through southern Bali at the moment. Kuta, Legian and Seminyak dominated the market in south Bali during the early days of Bali’s property boom, but Umalas has always provided a nearby alternative to the urban lifestyle of the more established areas.
Umalas has always been known as a residential neighbourhood, where, until recently, there was very little commercial activity at all. The last few years have ushered in a very eclectic range of cafes, restaurants, warungs and grocery stores so that Umalas is now a very well rounded community, but the focus still remains on creating a warm and accommodating residential neighbourhood.
The village of Seminyak led the way through the Bali property boom of the early new millennium. But many buyers discovered that as Seminyak grew in popularity so did the price of land. Just 10 minutes (or less) from the centre of Seminyak lies the village of Umalas. A great place to bring the kids with plenty to do and see, without the full on hustle and bustle of the more urbane Seminyak.
This 830 square meter (c. 33m x 25m) piece of riverside land is tucked away within a well-established neighbourhood of local houses and expat villas, is gently sloping down to the river and has secure private access. Located on the western edge of Umalas and within 200 meters of the “Canggu Road”, this plot enjoys easy access to both Seminyak to the east and Canggu to your west.
The area is zoned for tourism accommodation, (so a fully legal holiday renting business can be established) and the land is offered on a leasehold through February 2046 with an option to extend for an additional 15 years at market price. Before spending a half a million dollars on a villa that someone else built, first consider leasing this plot of land and building your own dream villa for less. Priced to sell quickly.
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