BALI’S QUIET NEIGHBOR: 10 Reasons why the shift of attention to LOMBOK is happening
For decades, Bali has been the star under the spotlight for tropical paradises and investment opportunities in Indonesia. However, as it succumbs to over-tourism, over development, insane traffic queues, trash accumulation and escalating prices, investors are turning their attention to a new horizon: LOMBOK.
This neighboring island is not just a refuge for those seeking unspoiled beauty and nature, but it's also a goldmine of opportunities for those making wise investments. Let’s delve into why Lombok is not just an alternative but could potentially be an even better choice for those seeking both natural beauty and financial prosperity.
1. Untouched Natural Beauty
Imagine Bali before the world rushed in – that's Lombok today.
The island boasts breathtaking landscapes, from the majestic Mount Rinjani to serene, untouched beaches like Tanjung Aan, Tampah, Mawi, Serangan and Torok beach. Unlike Bali’s increasingly commercialized spots, Lombok’s natural beauty remains largely unmarred by mass tourism, offering a more genuine experience of Indonesia’s rich ecosystems.
The underwater life around Lombok is very alive and diverse with turtles, more fish than you can count, Manta rays etc. One of the most up-and-coming diving areas in Lombok are the other ‘Gili Islands’ off the Sekotong Peninsular (South West Lombok). The name ‘Gili’ means ‘small island’ in the local Sasak dialect and there are almost 30 Gilis around Lombok. These ‘Secret Gilis’ (as they are becoming known) include Gili Asahan, Gili Layer, Gili Gede, Gili Rengit and Gili Anyaran. Around these islands you will find some of the most pristine reefs in Indonesia. Tourism here is still new so don’t be surprised to find out you are the only dive boat!
Lombok is also renowned for its multitude of breathtaking waterfalls and spectacular views of the green rice fields. Notably, adventurous souls can embark on the extraordinary challenge of ascending Rinjani, a truly unique and awe-inspiring volcano. The sunrise from the upper reaches of Rinjani is frequently reputed as an unparalleled and transcendent experience that marks itself into the memory as a once-in-a-lifetime sunrise experience.
2. Cost of living
In Lombok, your investment stretches further. Property and land prices are significantly lower compared to Bali's skyrocketing rates. This affordability means you can invest in larger properties or prime locations, such as beachfronts, which would be exorbitantly priced in Bali.
The cost of living as a tourist in Lombok is still under the price level of Bali as well, which makes it an interesting destination for Digital Nomads staying for a few months and trying to live without Europe-like expenses.
Kuta is experiencing rapid growth, driven by the rising interest of investors and developers. Despite this expansion, numerous opportunities with breathtaking ocean views are still available for those eager to capitalize on them and invest in a paradise like destination.
3. Less Crowded
Lombok offers a tranquil escape from the crowded streets of Bali.
Here, tourism feels more sustainable and balanced. The island's tranquility doesn't just enhance the quality of life; it also promises a tourism market that isn't oversaturated.
Long white sand beach, turquoise water, tranquil city center with its tropical island and surf style, everything is made to embrace the space and landscapes around. Small villages or unspoiled beach everything is present in big quantity avoiding the mass or traffic.
4. The Next Big Thing
Investing in Lombok is about foresight. As Bali becomes increasingly saturated, Lombok is emerging as the next hotspot. The saturation of villas in Bali is going to increase the offer while the demand stays similar, also increasing the competition aspect to market and brand the properties in Bali to attract tourists and keep a good occupation.
This is why early investments in Lombok are likely to yield significant returns as the island gains popularity among tourists and investors alike. Now is the time to seize this chance of being a precursor of the destination.
5. Surfer’s Paradise
The surfing scene in Lombok is world-renowned, attracting surfers from all corners of the globe. Destinations like Desert Point are celebrated for their perfect waves. While Tanjung Aan offers a constant swell perfect to chill and vibe on the longboard. Mawi beach remains a “secret” spot for advanced surfers with a renowned break for adrenaline rush addict.
Investing in property near these prime surfing locations could tap into a interesting market of surf tourism, which shows no signs of slowing down.
6. Growing Infrastructure
Lombok is witnessing substantial infrastructural development, including the expansion of Lombok International Airport and upgrades to its road network. The 4 bands highway is being extended as we speak facilitating the traffic and transportation access to the South of Lombok.
This development is not just about improving accessibility; it's a sign of the government's commitment to Lombok's growth, enhancing its appeal as an investment destination.
7. Growing Expats and remote worker community
Lombok is rapidly becoming a favored destination for expats and remote workers, drawn by its blend of serene beauty, schools and modern connectivity. Unlike the crowded scenes of Bali, South Lombok offers a quieter, yet vibrant community life amidst pristine nature.
Affordable living costs, coupled with the convenience of high-speed internet, enable a productive yet relaxed lifestyle. The local food scene thrives, offering both local and international cuisine in settings that are ideal for both work and leisure.
This emerging community supports a lifestyle where work-life balance isn’t just a goal but a daily reality, making Lombok an attractive hub for those looking to escape the hustle and enjoy a more sustainable way of living.
8. Cultural Authenticity
Lombok's allure extends beyond its landscapes to a rich cultural tapestry, primarily woven by the indigenous Sasak people.
Their traditions, architecture, and ceremonies are a window into a lifestyle that has been preserved over centuries. From the weaving of intricate ikat textiles to the spiritual serenity of Pura Lingsar, a unique temple that symbolizes the island's blend of Hindu and Islamic Waktu Telu beliefs, Lombok offers a cultural depth unmatched by more tourist-heavy destinations.
Visitors can experience the Sasak way of life through village tours, where the community's warmth and hospitality are as inviting as the island's natural beauty. The annual Bau Nyale Festival, a captivating event celebrating the legendary story of Princess Mandalika, highlights Lombok's commitment to its heritage, drawing both locals and tourists into a shared experience of folklore and festivity.
This vibrant cultural authenticity makes Lombok not just a place to visit, but a place to connect deeply with Indonesia's diverse heritage and it’s always present surrounding nature.
9. Booming Tourism, Minus the Chaos
Tourism in Lombok is growing steadily, showing a steady occupancy in the hospitality sector, but it still retains its peaceful ambiance.
This balance makes Lombok attractive to those who seek a tourist-friendly environment but without the over-commercialization and bustle of Bali. It presents an opportunity to invest in a growing market that has managed to maintain its charm and appeal.
10. A Diversified Investment Portfolio
Including Lombok in your investment portfolio introduces diversity.
It’s an emerging market with enormous growth potential, offering a different risk-reward balance compared to more established markets. This diversification can be crucial for a robust, resilient investment strategy. Especially since you can own a property for around 80 years with a legally established company, this allows foreign investors to pass on their investment to their family and children after that period of time.
Conclusion
Bali's allure is undeniable, but Lombok is carving out its own remarkable space on the world stage. With its untouched nature, landscapes, vibrant local culture, and burgeoning opportunities for investment, Lombok presents a unique proposition. It's where tranquility meets authenticity, and tradition complements modernity.
As Lombok rises, it offers not just a retreat from the crowded tourist paths of its neighbor but a forward-looking opportunity to invest in a destination on the cusp of global recognition. Here, you're not merely adapting to existing trends; you're at the forefront of creating new ones. Lombok isn’t just another option; it’s the future for those ready to embrace it.