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The BEST Real Estate Investments for Sale in Lombok, Indonesia
Lombok is an island located in West Nusa Tenggara province, Indonesia, east of Bali separated by the Lombok Strait, and west of Sumbawa Island.
The Indonesian government has designated Lombok as a "priority tourism destination", often referred to by many as the "Next Bali."
The "BEST" types of real estate in Lombok, Indonesia may vary depending on the reason for the purchase, be it investment or personal use.
There are many types of
investment real estate for sale
that come under the residential bracket such as
luxury houses
, apartments, condos and townhouses, and these types are often in demand, especially in growing areas.
When looking to obtain investment loans, investors may find residential properties easier to finance, usually due to
residential markets
providing stable returns.
Office buildings, retail spaces, warehouses and industrial buildings come under the
Commercial Real Estate
(CRE) bracket, and while needing larger capital and up front investments fees, often the long-term leases lead to more predictable higher income return.
Distribution centers, warehouses, logistics facilities, manufacturing plants fall into the Industrial Real Estate sector and will normally be let-out under long-term contracts to stable tenants generating reliable cash flow.
Under Retail Real Estate comes shopping centers, malls, retail stores, often which can demand high-traffic, leading to potential for high returns, as tenants often sign long leases, which can provide stability.
With
vacation and holiday properties
such as purchased to rent can provide high returns, especially in focused tourist locations, plus there is the flexibility for the investor or
owner
to use the property personally when not renting it out as an investment.
Raw
land
, farmland and potential development land can appreciate significantly in the right location, and the land plot can sit undeveloped for long periods waiting for the right market conditions.
Mixed-Use properties combine residential, commercial, and sometimes even industrial spaces in one building or development which can provide multiple streams of income.
Student housing rental properties located near universities or colleges, where
apartment complexes
or houses in high demand in university towns, can provide income for 9-12 months of the year.
Factors when deciding on the best type of real estate in Lombok, Indonesia to focus on are such aspects as location - is the area declining or undesirable area may not offer the same returns as a less-than-ideal property in a booming area.
What are the
BEST real estate investments for sale in Lombok, Indonesia
to begin investing are often residential properties that typically require less up front capital compared to commercial or industrial properties.
This means the initial monetary outlay is less, and the risks reduced.
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