Despite the ongoing pandemic, the Indonesian real estate sector exhibits an exceptionally positive market for housing and investment, particularly in Bali.
Canggu, Bali, Indonesia – Finnish Bali, Indonesia’s leading real estate and lifestyle developer, today announced the presale launch of smart-tech luxury apartments, which will be located at Bali’s most desirable address, Berawa, Canggu. The area has become the epicenter of a healthy lifestyle, with a plethora of facilities including upscale cafes, retail, international schools and of course Finn’s world famous beach clubs. The Finns of Bali offer a ‘lifestyle’ unmatched by any other real estate development in Asia-Pacific.
Bali is now officially the world’s most popular destination, voted on TripAdvisor in 2021 and also inducted into Travel + Leisure’s Best Global Hall of Fame.
Despite the ongoing pandemic, the Indonesian real estate sector exhibits an exceptionally positive market for housing and investment, particularly in Bali. With the construction of 206 fully furnished luxury apartments in Finnish lifestyle village (FLV), Finns Bali’s continues to support Bali’s growth.
Frieder Jacobsen, Managing Director of Bali Treasure Properties is optimistic, “The real estate market in Canggu, especially Berawa, has been incredibly resilient, with land prices remaining stable throughout the COVID-19 pandemic. Sales of land, villas and apartments, especially off-plan developments, continued to explode with new and returning investors. . “
Without tourists, Canggu has diversified, becoming one of Southeast Asia’s most popular expat destinations. Freider explains, “We are experiencing a continued demand for high quality monthly and annual modern home rentals. With borders opening up and tourists returning, we expect to see more families, investors, retirees, digital nomads and distant entrepreneurs choosing to settle part-time or full-time in Bali.
The enrollment figures give even more optimism that Canggu and Berawa will continue to be a favorite place for expats. “Canggu Community School immediately felt the implications of COVID with an initial drop in student enrollment of 40% from the 2019-2020 school year to the 2020-2021 school year.” noted Ben vorborski, deputy director of the school of the (international) community of Canggu. “During the 2020-2021 school year, student enrollments continued to increase and as of the 2021-2022 school year, we are 15% below our pre-COVID enrollments. by 2022-2023, we plan to exceed the number of students before the pandemic and our new campus will continue to thrive. “
Founded in 2009 by Australian Tony smith and Bali-Local Ketut Subina, Finns Bali owns and operates 16 renowned lifestyle brands, including Finns Beach Club, a premier tourist destination for over one million visitors annually, employing over 1,000 local staff in Canggu. The epicenter of healthy living, high-end cafes, surfing, world-famous beach clubs and high-end retail, Canggu perfectly blends the latest trends with the rich culture of Southeast Asia. East.
“The Finns are completely invested in the future of Bali and we are excited to create a fully integrated lifestyle experience, a first for the island” noted Beau Whittington, Strategy Director of Finns Bali. “The construction of the Finns Lifestyle Village is designed to keep Bali at the forefront of innovation while encouraging investment on the island. Bali is always the place where you go to find freedom and tranquility.
The Finns of Bali have become an industry leader in Indonesia. “For over 10 years, Finns Bali has worked within our community, supporting Bali’s growth into one of the world’s best hubs for tourists, expats and digital nomads,” noted IB Agung Partha Adnyana, President of the Bali Tourism Board. “We look forward to continuing our partnership with the Finns brand, especially as the launch of Finns Lifestyle Village coincides with the Tourism Minister’s recent announcement of his intention to grant five-year visas to digital nomads wishing to s ‘settle in Bali. “
The turnkey development of eco-friendly apartments is part of the Finns’ continued efforts to work in the community and attract foreign investment. Each apartment will be equipped with smart technology and stylish designer amenities. With FLV, Finns Bali will create a luxury lifestyle community featuring state-of-the-art amenities and VIP membership benefits for all Finnish properties in Bali, including options for dining, recreation, beach clubs, nightlife, co-working, wellness, kids’ club and entertainment venues.
“Finns Lifestyle Village is an ambitious commercial development that combines high-end apartments and all of the latest lifestyle facilities for which the Finns brand is renowned”, noted Richard Manseur, owner of PBM Architects, the award-winning firm that designed the project. “We believe this project will be a great asset to Bali’s changing future, and PBM is very proud to be associated with it.
The Finns Lifestyle Village (FLV) offers an exceptional lifestyle opportunity with unparalleled onsite facilities including preferential access to the world’s best beach club, absolute 170 yards of waterfront, endless sunsets , fitness, restaurants, coworking, wellness and retail. your door. This is island life at its best, your chance to own a piece of paradise. The ultimate work-life balance for those looking to design their lives around a community of health and wellness.
Prospective buyers reserve the option to use their new home as a full or part time residence or to seek the help of the Finnish property management team to sublet their vacation rental unit at attractive rates on a market known for its very high rental occupancy rate. A flexible structure offering owners the chance to be a part of Finns Bali, offering attractive rental returns or simply enjoying a healthy and stress-free place.
Available under the Indonesian lease system, which allows foreign investors to own a property for a specified period while leasing the land on which it is located, FLV apartments will be available to global investors under a 108-year transferable lease fully paid until 2055.