
Lombok Property Boom: Hospitality Projects Surge
Shifting foundations of Lombok’s property market Over the past two decades, Lombok has undergone a quiet yet powerful real estate transformation, fueled primarily by the twin engines of tourism and hospitality. What began as a speculative land-grab by foreign investors has now matured into a market defined by integrated, hospitality-managed communities and turnkey investment properties. From Raw Land to Resort-Backed Living In the early 2000s, Lombok attracted attention from foreign developers who focused on acquiring large tracts of raw land. These were then subdivided into serviced plots within planned communities, appealing to buyers interested in building their own private villas