Emerging Tourism Hubs and Their Impact on Indonesia's Property Market
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Indonesia’s push to develop new tourism destinations like Labuan Bajo and Mandalika is reshaping local real estate dynamics. Investors eyeing hospitality projects or vacation rentals in these regions face opportunities in less saturated markets. However, challenges include unclear land ownership records, underdeveloped infrastructure, and varying local regulations. Environmental zoning laws in ecologically sensitive areas add complexity, while growth potential hinges on sustained tourism promotion. Prices remain lower than Bali’s hotspots, but risks like delayed infrastructure projects or oversupply loom. For region-specific insights and regulatory updates, explore Indonesia-Real.Estate.
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The place is so beautiful !