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Monday, September 24, 2007

BALI - Potential Bali villa crackdown

Asia Property Report - September 16 2007

In Bali today, at the height of the tourist season with visitors flooding back into the island, you’d be hard pushed to buy a bottle of half-decent wine. By mistake or design, the authorities have decreed that all imported wines on sale are illegal. Even newly opened French megastore Carrefour has hardly a bottle on its once-groaning shelves.
If that’s putting a dampener on the holiday season, try this on for size. It’s not just visitors and their favoured quaff but also the very roof over their heads that’s under threat. From August 30, over 250 rental-villa properties or over a third of the total could in theory be closed or even pulled down.


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