Why is Nusa Penida attracting investors?

Why is Nusa Penida attracting investors?

Nusa Penida, a beautiful island located in Klungkung Regency, Bali, has been capturing the attention of investors seeking opportunities in the tourism sector. The island offers an array of breathtaking natural attractions and has witnessed rapid growth in visitor numbers. Here are several reasons why Nusa Penida is drawing interest from investors:

1. Rapid Growth in Visitors

The allure of Nusa Penida’s natural beauty has not gone unnoticed, as evidenced by the island’s remarkable surge in visitor numbers. In fact, Kelingkling Beach is among the most famous “instagram spot” in the world, and has become a must-visit for every tourist in Bali. During the 2023 Idul Fitri holiday, the island welcomed approximately 8,000 tourists, marking an astonishing 100 percent increase from typical daily visitations of 1,000 to 1,500 tourists. This exponential growth underscores the island’s potential as a thriving tourism hub and has piqued the interest of investors seeking to capitalize on the burgeoning location.

Consequence of its growing popularity, Nusa Penida has seen its booking demand rapidly growing since Bali reopened in March 2022. Simultaneously, a surge in new AirBnb listings has occurred with “early” investors seeking higher ROIs, setting the pace for Penida.

Source: airdna.co

2. Infrastructure in Development

Recognizing the recent enthusiasm for the island, the local government, led by Klungkung Regency Bupati, I Nyoman Suwirta, has taken proactive measures to enhance the island’s facilities and accessibility.

According to detik.com, Bupati Klungkung I Nyoman Suwirta has proposed the establishment of seawater desalination facilities similar to those already operational on Nusa Lembongan. In Desa Jungut Batu, a seawater desalination plant utilizing the Sea Water Reverse Osmosis (SWRO) system has been successfully built, producing an impressive 120 liters of fresh water per second. This development is crucial in addressing the increasing demand for clean water among the island’s residents and tourists.

Furthermore, as reported by republika.co.id, PT PLN (Persero) has made preparations to reinforce the island’s electricity supply. They have readied 23 generator units, each with capacities ranging from 50 kVA to 250 kVA. These generators will promptly restore the electricity supply in case of disruptions in Nusa Penida, ensuring a reliable power source for the island’s growing population and tourism activities.

In terms of transportation infrastructure, Nusa Penida has witnessed remarkable progress, as reported by mnctrijaya.com. Notably, the inauguration of the Sampalan Port marked a significant milestone in enhancing transportation and connectivity to the island, catering to the increasing number of visitors. Furthermore, President Joko Widodo laid the foundation for a harbor facility in Sanur with a contract value of Rp 376 billion. The Sanur Harbor serves as a pivotal transportation hub, providing easy access to the Sanur area, Nusa Penida, and Nusa Ceningan/Nusa Lembongan. The strategic location of the harbor forms what is now known as the “golden triangle” of Bali Province, enhancing travel options for tourists and providing an efficient gateway to explore the treasures of Nusa Penida.

The commitment of Bupati Klungkung I Nyoman Suwirta, the proactive measures taken by PT PLN, and the significant progress in transportation infrastructure reflects the collective efforts to improve Nusa Penida’s facilities. These developments play a crucial role in ensuring the island’s sustainable growth and creating a favorable environment for investments.

3. Favorable Investment Environment

Nusa Penida’s allure as an investment destination is further bolstered by the Indonesian government’s commitment to fostering a favorable investment environment. By implementing policies and incentives, the government seeks to encourage both domestic and foreign investments in the country. As reported by liputan6.com, a recent visit by the Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, further solidifies the government’s support for investment opportunities in Nusa Penida. This backing instills confidence among investors eager to explore the island’s promising prospects, particularly in the dynamic tourism sector.

Additionally, detik.com highlights that international investors have shown considerable interest in Nusa Penida’s potential. A prominent example is the collaboration between PT BNP (Bina Nusa Properti) from China and Banjar Adat Karang Dawa in Desa Bungamekar. Together, they embark on an ambitious project to construct a 182-meter-high glass outdoor lift along the Kelingking Beach cliffside, granting unprecedented views and easy access to the iconic Kelingking Beach. This collaboration underscores the island’s favorable investment environment, where investors are eager to seize opportunities and contribute to its growth.

Following the trend, more and more entrepreneurs coming from the main island (understand Bali) are envisioning or planning to open in Nusa Penida. As a result, we will see more and more famous names set foot on the unconquered island soon.

Kelingking Beach: The Icon of Nusa Penida

With the rapid growth in visitor numbers, ongoing infrastructure development, favorable investment environment, and captivating natural beauty, Nusa Penida has become an alluring prospect for investors in the tourism sector. For those interested in investing in sustainable and responsible projects, the island offers enticing opportunities to contribute to the local economic development while preserving its extraordinary natural wonders. Through well-placed investments, Nusa Penida has the potential to become a premier tourism destination that will continue to captivate visitors from all around the globe.

Ready to explore the exciting investment opportunities in Nusa Penida? Discover our exclusive property listings on the island and take the next step towards unlocking the potential of this captivating destination.

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