BREAKING NEWS: Change to Indonesia Foreign Ownership Rules
MEDIA STATEMENT
21 March 2010
(FOR IMMEDIATE RELEASE)
IMMINENT PRICE RISE SOON FOR LUXURY NORTH BALI LOVINA BEACH RESORT
The developers have announced that the pre-release investment opportunity, to purchase fully furnished, fully serviced single-bedroom apartments at Lovina Beach Resort, North Bali, from US$99,000, will likely end in just weeks because construction is proceeding ahead of schedule. Prices may increase by up to 30 per cent as demand rises for investment apartments and villas, with news of a planned second airport for Bali in the north of the island.
SINGAPORE, March 21, 2010 -- Construction, of what will be the only five-star standard absolute beach front resort in North Bali, is proceeding ahead of schedule, meaning pre-release prices may soon increase by up to 30 per cent.
One of the biggest developments in the North Bali area, the Lovina Beach Resort – http://www.lovinabeachresort.com - consists of 32 luxury apartments, 16 villas and two penthouses. It is on two hectares of land with 200 metres of beachfront and lush tropical gardens.
There is a video of the Lovina Beach Resort features HERE:
Every apartment will have ocean, mountain or garden views, in a prime location just 20 minutes west of the former Bali capital of Singaraja and on the famous Lovina Beach, five minutes from the village of Kalibukbuk.
The developers have announced that the pre-release investment opportunity, to purchase fully furnished, fully serviced single-bedroom apartments from just US$99,000 - and the current prices for terrace villas, beach front super villas and the two penthouses - will likely end in just weeks.
Prices to Rise Soon
Graham Stott, Project Director of the Lovina Beach Resort - http://www.lovinabeachresort.com - said that strong interest and recent sales of apartments meant pre-release prices would likely have to soon rise.
“This unique construction project is moving ahead rapidly, demand for these once-in-a-lifetime investment opportunity apartments is growing and we can only offer the minimum US$99,000 price point for a very limited time now,” Stott said.
“The Indonesian Government’s confirmation of a second airport for Bali, in the north, has certainly stimulated investment interest in the project. A number of international investors have already purchased apartments, and those who act quickly before the price rise, could get an early appreciation on their investment.
“There are few places in the world where you can invest in five-star standard absolute beachfront property, with full flexibility to live in or rent, and the Lovina Beach Resort is one of them.”
Popular tourist attractions
North Bali is home to a number of popular tourist destinations, such as Lovina beach, Singaraja, and the twin lakes in Bedugul in Gianyar. At close-by Lovina, pastimes such as eco-tourism, dolphin watching, snorkelling, scuba diving, visiting hot springs, picturesque waterfalls, temples and historic heritage sites are already attracting increasing numbers of tourists.
A number of investors from around the world have already realised the Lovina Beach Resort opportunity which includes solid rental returns, potential capital appreciation and a fully serviced luxury lifestyle environment.
Investors, and/or owner-occupiers, will have freehold ownership of apartments and villas at a world class holiday beach front destination, in a growing tourist area. The Lovina Beach Resort will have included a comprehensive range of amenities and services into our properties, including restaurant and spa. The Resort will be professionally managed and will generate a solid return for investors.
Current Lovina Beach Resort prices (soon to rise) are HERE:
FOR MORE INFORMATION CONTACT:
Louise Verden
Marketing Director, Storeyworks International
info@lovinabeachresort.com
+65 9742 1164
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
MEDIA STATEMENT
Monday, 21 December, 2009
(FOR IMMEDIATE RELEASE)
SECOND BALI AIRPORT TO BOOST LOVINA BEACH PROPERTY INVESTMENT
Indonesian government confirmation of a second airport for the tourist island of Bali is expected to stimulate investment and increase property prices along the north coast of the tropical paradise island.
Construction of a second Bali airport, to be completed by 2011, is expected to particularly impact on beachfront property investment opportunities in the north Bali Lovina Beach area with its beautiful tourist attractions and relaxing lifestyle.
Bali's Governor Made Mangku Pastika has confirmed that Bali will move ahead with plans to build a second airport near its northern shore and the plans have been endorsed by both the Vice President and the Minister of Culture and Tourism.
Beachfront property prices for foreigners are currently low compared to other parts of Bali, already prompting many overseas investors to purchase villas and apartments in Lovina and the second airport plans are expected to stimulate property values in the mid term.
Northern Bali is home to a number of popular tourist destinations, such as Lovina beach, Singaraja, and the twin lakes in Bedugul in Gianyar. At Lovina, pastimes such as eco-tourism, dolphin watching, snorkelling, scuba diving, visiting hot springs, picturesque waterfalls, temples and historic heritage sites are already attracting increasing numbers of tourists.
Graham Stott, Project Director of the Lovina Beach Resort (www.lovinabeachresort.com) – one of the biggest developments in the area, on two hectares of land with 200 metres of beachfront and lush tropical gardens - said that whatever happened with the new airport, now was the time to invest because property prices could only increase.
“Lovina is less humid that the rest of Bali and tourists are flocking here in increasing numbers,” Stott said. “North Bali and Lovina’s distance from the south has kept land prices low and there are ample amounts of prime beachfront and hillside land on offer. When you add the new airport in North Bali to these considerable advantages you have an ideal investment environment.”
The Lovina Beach Resort, currently under construction, will be Lovina’s only five star absolute beachfront accommodation, and a range of accommodation is now available for investment purchase, at pre-release prices.
The Lovina Beach Resort, right on the beachfront, consists of 32 luxury apartments, 16 villas and two penthouses. A number of investors from around the world have already realised the Lovina Beach Resort opportunity which includes solid rental returns, potential capital appreciation and a fully serviced luxury lifestyle environment.
“For a limited time, pre-release prices are available for luxury Lovina Beach Resort apartments, starting from US$99,000 and investors who take advantage of these opportunities will certainly reap the benefits. Rental guarantees also apply. There are few places in the world where you can invest in five-star absolute beachfront property, with full flexibility to live in or rent, and the Lovina Beach Resort is one of them.”
CONTACT:
Louise Verden
Marketing Director, Storeyworks International
info@lovinabeachresort.com
+65 9742 1164
Click HERE for a great Lovina scenery slideshow.