Bali’s real estate market continues to attract international investors and homebuyers with Mirah Investment & Development’s Kiara Ocean Place symbolizing the island’s growing appeal. Situated in the heart of the trendy and sought-after Batu Belig neighbourhood, Kiara Ocean Place recently achieved a significant milestone.
Just six months after its on-sale launch, Kiara Ocean Place has officially sold out all 62 units. The accomplishment not only proves the high demand for properties in Bali but supports the island’s potential for capital appreciation and impressive return on investment (ROI). Its swift sell-out underscores the appeal of the development, as well as the increasing interest in Bali’s property market among local and international buyers.
Kiara Ocean Place – Sold out after 6 months.
“Kiara Ocean Place’s success is a testament to the desirability and potential of the Bali real estate market,” said Adrian Savage, President Director of Mirah Investment & Development.
“Batu Belig is a trendy location amongst residents and tourists and the strong response from buyers highlights the confidence they have in Bali’s property market. We are thrilled to have achieved a sold-out status in such a short period, and we anticipate continued growth and success in the future.”
Click here to learn about an upcoming sister development: Kiara Beachfront, your gateway to beachfront bliss.
What’s the secret behind Bali’s irresistible allure?
As evidenced by Kiara Ocean Place’s rapid sellout, it’s clear to see Bali is a prime destination for real estate investors. While Mirah Investment & Development would love to take full credit for this, Bali has charming qualities that play a huge role in real estate success.
This includes, but is not limited to:
- Breathtaking landscapes, vibrant cultures and a laid-back lifestyle
- Natural, diverse beauty (beaches, jungles, mountains, ricefields, cliffs, and lakes)
- Warm weather year-round
- Improving infrastructure and investment from Indonesia’s central government
- A thriving and consistent tourism industry
- The ability to attract both domestic and international tourists/investors
- Vast potential for long-term growth
- And more!
Why Kiara Ocean Place had such high demand
When including the above list with the strategic location and luxury qualities of Kiara Ocean Place, it’s easy to see why the apartments sold out so quickly. Located just steps away from the ocean, Kiara Ocean Place featured a unique design with high European arches and a crisp, white colour scheme.
Rounding out the property are a 24/7 gym, business centre, pool and poolside bar. Kiara has one and two-bedroom options and comes complete with turnkey packages and luxury appliances. Lastly, Kiara Ocean Place is located just a stone’s throw away from numerous beach clubs, boutique shopping districts and world-class restaurants, Kiara Ocean Place offers a well-rounded, healthy and productive lifestyle right by the beach.
Kiara Ocean Place offered buyers ample opportunities to maximise returns from their investments. From being sold as off-plan properties, through to being structured with an optional rental management programme, which ensures consistent service quality & consistently high room rates translating to high returns from rental revenue.
“We offer clients end-to-end services throughout the life cycle of their real estate investments. Always aiming to maximise a client’s return potential, and buyers recognise and respond to that,” said Sales Director Elliot Sheehan. “Pair that up with Kiara [Ocean Place]’s location & incredible on-site amenities, it’s no surprise it’s sold out so quickly.”
Kiara Ocean Place – offering an incredible island lifestyle
Discover the investment potential in Bali real estate
Investing in Bali’s real estate market offers lucrative opportunities for capital appreciation and an average ROI of 8 – 12%. The island’s steady tourism sector combined with infrastructure advancements, a robust rental market and a high quality of life make for a favourable investment environment.
Whether it’s a rental property, a second home or an investment property intended for value appreciation, there are plenty of ways for real estate investors to generate attractive profits.
Investment opportunities with Mirah Investment & Development
For those experiencing a “fear of missing out” Mirah Investment & Development has plenty of opportunities. Kiara Ocean Place may be sold out, but the upcoming development Kiara Beachfront in the luxurious resort town of Nusa Dua is launching very soon.
Kiara Beachfront – Coming Soon to the Nusa Dua beachfront
Kiara Beachfront will feature many of the same qualities as its sister Kiara Ocean Place, while offering direct beachfront living and breathtaking ocean views. It’s a great opportunity to get in early with pre-sale and off-plan pricing.
As Bali’s popularity continues to rise, Mirah Investment & Development will continue to introduce new projects that cater to a diverse range of investors and homebuyers. By staying informed and exploring these new opportunities in Bali’s real estate market, individuals can capitalize on the region’s rapid growth and enticing investment potential.
Check out Mirah Investment & Development’s real estate portfolio for more options.
Contact us today to learn more.