Guest houses are a cost-efficient investment to enter Bali’s hospitality industry, because there’s a high demand and can generate a considerable revenue with proper management. Canggu and its suburbs Berawa, Batu Bolong, and Echo Beach are very popular with surfers, digital nomads, and backpackers looking to spend their holidays, hence why guest houses enjoy high occupancy rates despite their competitive pricing. This trend is expanding further west so you can also find guest houses for sale in Pererenan, which is growing in popularity because it’s much quieter yet still very close to Canggu.