Is Pererenan the next big thing for investors

[enter]

I keep hearing that Pererenan is where all the cool new cafes and villas are moving to. Does it have the same potential for rental income as the more established areas? I am worried that it might be a bit too quiet for some tourists. Is it a good idea to buy an apartment there now while the prices are still a bit lower? What kind of growth have you seen in that neighborhood over the last year? I would love to find a project that is still in the early stages of development.

 

[andreasandreas]

Pererenan is definitely the place to watch right now. It feels like what Canggu was five years ago - very green and authentic but with amazing new places opening every week. I actually think the Pererenan area will see the highest price growth in the next two years. I recently checked out the TAO project by Avalon there and I was blown away by the concept.
You can see their vision for the area at https://avalonbali.com/ and it is very promising. It is perfect for people who want a bit more nature and space but still want to be a 5-minute drive from the beach clubs. Buying there now is like getting a head start before the area becomes fully commercialized. I am seeing more and more digital nomads moving there because it is a bit more chill. It is definitely my favorite spot on the island for a long-term hold right now.