Description of Indonesia
With a thriving tourism trade, a strengthening economy and a housing market that’s heading for boom status, Indonesia ticks all of the right boxes for international property investment. What’s more, a recent relaxation of once-strict foreign investment policy has sparked a wave of new interest in the region and sent property prices soaring.
Overseas investors buying into Indonesia have in some case been increasing their rents by as much as 15% in a single year as this potential-packed corner of the world suddenly became one of the hottest tickets out there. In fact, the prices of luxury properties are accelerating faster in Indonesia than in anywhere else on Earth. Can the boom be sustained? It remains to be seen, but the transformation witnessed over the past couple of years alone has been astonishing.