Tips for Building a Boarding House in Bali to Quickly Recoup Your Investment

Bali is not only a global tourist destination, but also a center of business and education. Many workers, students, and even digital nomads choose to live in Bali long-term. This makes the boarding house business in Bali increasingly promising. However, to ensure your investment is not wasted, there are several important things to consider before building a boarding house.

1. Choose a Strategic Location

Location is key in the boarding house business. Some potential locations in Bali include: Near campuses such as Udayana University, Warmadewa University, or STIKOM Bali. Near tourist areas such as Canggu, Seminyak, or Ubud, which are popular with remote workers. Near business centers such as Denpasar and Kuta. A strategic location will increase rental demand and accelerate return on investment.

2. Determine Your Target Market Early

Before building, determine whether the boarding house is aimed at students, office workers, or expatriates. Students prefer affordable prices, proximity to campus, and standard amenities. Office workers tend to seek comfort, a location close to the city center, and complete amenities. Expatriates or digital nomads require modern rooms, fast internet access, and a peaceful atmosphere.

3. Design Buildings with Efficiency Concepts

Building design significantly determines occupant comfort. Use multifunctional spaces for efficient building operation. Provide good ventilation to prevent stuffy rooms. Add communal areas such as a shared kitchen or lounge. Consider ample parking, as many residents use motorcycles or cars.

4. Facilities That Attract Tenants

Boarding houses that sell quickly usually offer amenities that meet the needs of tenants, such as fast and stable Wi-Fi. En suite bathroom. Air conditioning or a fan. A wardrobe, desk, and standard mattress. Laundry or additional cleaning services. The more complete the facilities, the higher the rental price that can be offered.

5. Understand Bali's Rules and Legalities

Because Bali is an international tourist destination, there are many specific regulations regarding property. Ensure you: Have a building permit (IMB) or PBG. Understand local zoning regulations. Manage your boarding house business permit if it's intended for public use. This is important so that the business runs smoothly without legal problems.

6. Calculate Costs and Projected Return on Investment

Make detailed calculations: construction and permit costs. Estimated rental price per room. Estimated occupancy rate. With careful calculations, you can estimate when you will recoup your investment and start making a profit.

7. Use Digital Marketing

In the digital age, marketing your boarding house isn't just about signage. Use: Online property rental platforms, social media for promotion, and Google Maps for easy discovery. These strategies will help your boarding house fill up faster.

Building a boarding house in Bali is a promising investment if done with careful planning. With a strategic location, efficient design, attractive amenities, and clear legal standing, you can attract numerous tenants and generate stable profits in the long term.