Properties for Sale in Damai, Jawa Timur, Indonesia

Real estate in Damai

The province of Jawa Timur in Indonesia is an irresistible attraction for seekers of beautiful homes and real estate investors. Damai, a beautiful town located in this region, should be on your radar if you’re in search of an idyllic residence or a potential investment property amidst beautiful natural surroundings. Known for its lush green landscapes mixed with the coastline, and traditional Joglo-styled villas, Damai is often referred to as the “Green Haven” or "Natural Sanctuary" for its captivating scenery and architectural beauty. Before you dive into conversations with local real estate experts, it's advisable to acquaint yourself with the real estate landscape in Damai. Get to know the types of properties available for purchase in Damai, their market value, and the cost of owning a holiday home in such a remarkable location. This stunning green paradise nestled between the mountains and the sea is famed not only for its tranquility and lush landscapes, but also for its excellent real estate offerings, ranging from traditional Indonesian houses to modern luxury villas.

Damai properties: Market trends overview

The Damai real estate market has been steadily ticking upwards in terms of property values, driving a strong interest from foreign investors and buyers. Originating particularly from Singapore, Australia, the United States, and some European countries, these investors are drawn to Damai's ideal coastal location. The region provides a perfect mix of relaxed seaside living with numerous recreational facilities and golf courses nearby, as well as easy access to the bustling city life in nearby Surabaya. The Damai area is celebrated for its stunning shoreline, rich cultural traditions, and exceptional quality of life. Over the recent years, local government in Damai, Jawa Timur, has been putting more resources into the township's development, offering a broad array of property options for both local and international buyers. These real estate options range from sleek and functional townhouses and apartments, to modern-style villas, traditional Indonesian houses, and luxury penthouses. With various properties for sale in Damai fitting all budgets and lifestyle preferences, finding the perfect holiday home or investment property is a breeze. This makes this idyllic coastal town one of the most favorable for foreign buyers in Indonesia.

Average price of a property for sale in Damai

What might be the going rate for properties in Damai, Jawa Timur, Indonesia? There is no definitive answer due to the numerous elements affecting the price, including the type of property, closeness to key landmarks and beaches, amenities, as well as individual tastes (luxury features, property size, ease of access, etc.). The latest data reveal that the highest quoted price for a property for sale in Damai was IDR 49,500,000 per square meter at first glance. The most costly properties can be discovered in the Damai Pusat-Leran area. Conversely, the most affordable options, with an average cost per square meter of IDR 36,000,000, are in the Damai Selatan-Zona Perdesaan area. As of now, the mean listing price for a property in Damai is approximately IDR 1,320,000,000.

Types of properties can you find in Damai

In Damai, Jawa Timur, Indonesia, the real estate market reflects diverse types of properties catering to different needs, such as apartments, luxurious penthouses, premium beachfront villas, and traditional Indonesian Rumah Adats. The most desirable properties for sale are often located in secure residential complexes. Here, you will find 3-4 bedroom apartments with expansive balconies, as well as two-story homes with separate entrances and large verandas. These homes often feature their own kitchen facilities. If you're after something newer, a villa situated in an esteemed location in Damai provides a fantastic option. These villas offer mesmerizing ocean views, are within walking distance of the beach, and epitomize the perfect place to reside. So, whether you're after modern convenience or traditional charm, Damai, Jawa Timur has the right property for you.