Sanur Real Estate Set for Rapid Growth
Sanur is on the verge of a major transformation over the next two years. With a new shopping mall, hotels, apartment complexes, the Mayo Clinic International hospital, schools, and beach clubs all set to arrive, the once sleepy town will likely shed its “Snore” nickname. This shift promises to make Sanur a more appealing and dynamic destination for both residents and tourists.
Currently, quality properties in Sanur are quickly snapped up as more people recognize the appeal of living away from the bustling tourist hubs like Seminyak and Canggu. Post-pandemic, Sanur’s real estate prices remain relatively low compared to other trendy Bali locales, but that’s expected to change soon. Aerial views show plenty of available properties, including beachfront land, indicating that property prices are likely to rise as demand increases.
Also read: Sanur Real Estate Guide
11 Reasons Why Sanur Real Estate is Appealing to Investors
- Mature Residential and Tourist Destination
Sanur has developed into a mature destination with multi-star hotels, restaurants, cafes, and local warungs lining its beachside, all accessible via an 8km cycle and pedestrian lane. Long-term residents enjoy a laid-back lifestyle, free from traffic jams and the hectic scenes typical of Seminyak or Canggu. It’s just a 20-minute, traffic-free drive to the airport and provides easy access to Ubud, the Bukit, Denpasar, and Seminyak. - Special Economic Zones (SEZs) Boosting Investment
Indonesia’s 12 Special Economic Zones are designed to attract foreign investment. Bali’s SEZ is located in Sanur, redeveloping 42 hectares around the old Grand Inna hotel. This includes the new Mayo Clinic International hospital, set to be fully operational by the first quarter of 2024. This facility will allow foreign doctors to practice and teach in Indonesia for the first time, attracting wealthy Indonesians and tourists who previously sought medical treatment in Singapore and Bangkok. - Ideal for Retirement
Sanur is becoming a popular retirement community, but there is a pressing need for more accommodation. There are too few villas and apartments available for short or long-term rentals, and properties for sale are quickly bought up. The new SEZ will include more wellness facilities, likely encouraging the development of oncology recovery centers, making it an attractive location for retirees. - Proximity to Cruise Liner Port
Cruise liners dock at nearby Benoa port, which is being deepened to accommodate larger vessels. Sanur is the nearest sightseeing and shopping destination for seafaring travelers. - The Icon Bali: A New Shopping Destination
The Icon Bali, located next to the hospital, will redefine shopping in Sanur, featuring boutiques, restaurants, bars, modern cinemas, and an open-air cultural amphitheater. - Beach Clubs and Dining Options
Sanur has its own cool beach club, The Byrd House on Segara Beach, and the Shotgun Social beer garden nearby, catering to both residents and tourists. While the area maintains a relaxed vibe without too many party places, there are plenty of quality restaurants and cafes to suit every taste. - High-Quality Supermarket Access
Grand Lucky, one of Bali’s top supermarkets, serves Sanur residents, offering a shopping experience comparable to those in Singapore or Australia. - Enhanced Travel Connections
The newly completed Sanur harbor on Matahari Beach facilitates travel to Nusa Lembongan and Nusa Penida, although the planned Diamond Yacht Marina is still in the planning stages. - Attracting International Residents
Bali has become a haven for many Russians, Ukrainians, and other international residents, including Europeans, Americans, and people from Asian cities. These new residents are attracted by Sanur’s long-term rental opportunities, lower living costs, and the chance to live a more meaningful life in a tropical setting. - Tiny House Trend
The tiny house trend is thriving in Sanur, appealing to small families, single travelers, and couples alike, both for residential and rental purposes. - Foreign Ownership Opportunities
Foreigners can purchase freehold villas in Sanur, though the process is complex and requires expert guidance. Freehold apartments can now also be owned outright by foreigners.
New Sanur Property Developments
Sanur is experiencing a boom in apartment construction, which is logical given the ease of maintaining and managing apartments compared to villas. Bali Realty is often asked to manage these properties, ensuring they are kept in excellent condition and generating steady income.
The first major apartment complex in Sanur, the 165-unit Magnum Estate, is currently under development. It will offer suites and 1-2 bedroom apartments with high-end services and facilities, along with access to another beach club. More developments are expected in the future, especially those catering to the elderly with easy access, no stairs, and high-end facilities near a world-class hospital.
Sanur Real Estate: Hot to Trot Post-Pandemic
Sanur has always been a prime spot for residential real estate, with its scenic beauty and peaceful vibe making it a top choice for embassies and quality homes. High-end short-term rentals are rare, making investing in Sanur’s property market a smart move.
If you’re looking to buy a villa, land, or apartment, or develop estates in Sanur, Bali Realty is here to help guide you through the process and ensure a smooth experience.