Secana Beachtown is Mirah Property Group’s latest luxury lifestyle development – spanning a beachfront plot of 1.5 hectares in Canggu’s most popular neighbourhood, Berawa.
The development will bring 58 smart villas and 32 loft-style apartments to the most desired coastline in Indonesia – complete with three on-site restaurants and full premium facilities including a Health & Sports Centre, rooftop pool, co-working space, outdoor cinema, and more.
Construction began in February 2021 and is expected to be completed in Q1 2023. Made Susilla, Mirah Property Group’s in-house development manager has lead this large and complex project. Construction has progressed quickly during the last eight months with work being able to continue by following strict health protocols despite the pandemic.
Made Susilla has said, “In terms of construction we are actually ahead of schedule by about a month. As a percentage based on the asset value of the construction, we are at about 35-40%.
The first percentages of construction are slower than the last [percentages], as they are based on concrete. The concrete and formwork is the slowest thing – it’s still a big job. So at the moment we have 190 to 200 crew and once we are at 45-50% – which is quite soon – that’s when we have a new team coming in. By the end of October we will have about 400 crew members.”
A development project of this scale requires sophisticated planning and expertise management. The pandemic has added a layer of complexity to construction.
Made continued to say, “Luckily, the pandemic hasn’t set us back, but it has slowed us down when bringing in additional crew from other parts of Indonesia. Every crew member needs to be double vaccinated and we follow strict health protocols on site. But we are happy – we are ahead of schedule and exceeding targets.”
Mirah Property Group prides itself on working with the best available contractors, and have drawn on their expertise to ensure that construction can continue with minimal delays while keeping the health of the crew paramount.
Secana Beachtown will be the biggest and most in-demand residence in the area, with most of the units already sold. Located in Berawa, it sits beachfront, alongside world-famous beach clubs such as Café del Mar, Finns VIP Beach Club, and La Brisa.
It offers the most complete high-end lifestyle facilities in the area. The Health & Sports Centre will consist of a gym, squash courts, yoga & pilates studio, with an adjacent Jacuzzi & plunge pool, sauna, hammam, and spa area.
The co-working space offers quiet and comfortable working rooms, meeting rooms, high-speed internet access, projectors, and more. The ocean-view roof boasts a 91.8m² pool with 10 individual private day-beds for hire – all walking distance from the rooftop cinema and the rooftop al fresco restaurant.
All units are fitted with the latest smart home technology giving owners the ability to control their homes through their smartphones offering them unfettered comfort and luxury.
Mirah Property Group’s International Sales Executive Alexis Santafe has said, “Secana Beachtown is an incredibly popular development among our clients. As a passive investment, it offers something unique as there is nothing else like it in the area.”
Alexis continued to say, “We have buyers from all over the world with many from Singapore, Hong Kong, the Emirates, Scandinavia, and Russia. But also a few from America and continental Europe.”
As a now established must-visit destination for international and domestic tourists, Berawa has become one of the fastest-growing development zones in Bali. With high expected occupancy and a scarcity of prime land for development translating to high rental yields and a year-on-year increase in land property prices, Secana Beachtown offers an extremely lucrative investment opportunity.
Demand for Secana Beachtown is incredibly high. Buyers from all over the world have recognized the investment potential and secured a unit. Currently, the project is over 70% sold out with a high volume of inquiries for the few remaining units.
Alexis went on to say, “During the pandemic, many developers used force majeure as a reason to stop development. We didn’t do that – as we are located next to Berawa, we were able to see, first hand, the growth of a new affluent expatriate market. These are clients which are business owners, executives, or directors that want to live in Bali semi-permanently. The pandemic has shown them they can run their business remotely for part of the year. This is where the market is going. Likewise, the area has continued to remain active as we’ve had a big increase in the number of affluent local tourists from major cities such as Jakarta and Surabaya.”
Indonesia is a country with an emerging economy and a sizable population of 280 million people. In addition to being a favourite destination for foreign tourists and expatriates, Bali – and particularly Canggu – is the preferred destination for the middle and upper class of Indonesians.
Many of Mirah Property Group’s clients are business executives from around the world – as an investor in Secana Beachtown they have secured for themselves and their families the ultimate vacation home in the best location in Bali as well as a no-maintenance passive investment with expected returns of more than 10% per year.
Contact us to enquire about Secana Beachtown while availability lasts.
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