Canggu is a coastal town located in the southwestern part of the island of Bali in Indonesia. It is known for its beautiful beaches, vibrant nightlife, and lively expat community. Real estate in Canggu has become increasingly popular in recent years due to its combination of laid-back beach lifestyle and close proximity to the bustling city of Denpasar.
The area offers a wide range of property options, from luxurious villas with private pools to more affordable apartments and townhouses. Prices for real estate in Canggu vary depending on the location and size of the property, but generally, they are higher than in other parts of Bali due to the area’s popularity.
Many people who invest in real estate in Canggu do so for the purpose of renting out their property to tourists. The area is a popular destination for surfers and digital nomads, who are attracted to its laid-back vibe and abundance of co-working spaces and cafes with good internet. As a result, there is a high demand for short-term rentals in Canggu, making it a potentially lucrative investment for those looking to generate income from their property.
Canggu is also a popular location for those looking to retire or relocate to Bali. The area offers a range of amenities and services, including international schools, hospitals, and supermarkets, making it a convenient place to live. The expat community in Canggu is very active, with many social and sports clubs and regular events and gatherings.
Overall, Canggu is an attractive destination for those looking to invest in real estate in Bali. Its combination of beautiful beaches, vibrant nightlife, and close proximity to the city make it a desirable location for both tourists and those looking to live in Bali.