NOTE: The Ubud Art Market was engulfed by fire on 24th March, 2016. The block affected is not currently in use, but the remainder of the market is the same.
Across the road from the Palace, is the iconic Ubud Art Market. In 2012 the traditional market was demolished and replaced with a newer version which features solid walls, sturdier stairs, tiled floors and paved alleys. While lacking some of the character of the old market, there is no denying that it is cleaner, likely safer and definitely more pleasant during rainy season downpours.
For those who love markets it is still a treasure trove of arts, crafts, home wares, clothing, jewellery and souvenirs, most of which are of lesser quality than the merchandise in the shops outside and some, such as the silver jewellery, which may not be quite what it appears to be. Price is a good indicator. Bargaining is expected and should be kept light hearted and respectful. Next to the market is a small temple (Pura Melanting) where locals can often be found in prayer over their offerings.