Mirah Investment and Development is pleased to announce a new beachfront development in Bali’s high-class Nusa Dua district. With breathtaking ocean views and direct seaside living, Kiara Beachfront will provide residents with an unparalleled living experience.
Offering direct breachfront living in Nusa Dua, Bali.
Welcome to Kiara Beachfront
Modelled after Kiara Ocean Place in Batu Belig, Bali, Kiara Beachfront will also offer a wide range of amenities including:
- a fully-equipped gym for fitness enthusiasts,
- beach café,
- coworking space for professionals,
- kids club for families,
- an infinity pool on the beach
- and more.
The property includes 100 deluxe apartments with 1, 2, or 3 bedrooms to choose from.
Based on the success of Kiara Ocean Place – which sold out in just six months, Mirah Investment and Development predicts Kiara Beachfront to have the same rapid success. Especially with the current state of Bali’s real estate market and the island’s quick tourism recovery.
Bespoke interiors with premium turn-key furniture packages
The Bali real estate market continues to grow
Backed by Bali’s strong tourism industry which continues to recover, the local real estate market shows no signs of slowing down. As a wide range of people come to Bali for holidays, they quickly discover the lifestyle enhancement and investment opportunities on “The Island of the Gods.” Hence, tourism and real estate traditionally go hand-in-hand here.
Statistics show that Bali ranks consistently as one of the top tourist destinations in the world. Upwards of 16 million visitors come to the island every year to take in the stunning beaches, blood-red sunsets, world-class surfing, and rich authentic culture.
Bali visitor arrivals are not quite at pre-pandemic levels but 2022 saw over 200% growth in both domestic and foreign arrivals. That number is expected to grow even more in 2023.
Source: Bali Hotel Association & Howarth HTL
In addition, average occupancy levels of hotels in Bali are on the way back to pre-pandemic levels of over 70% – with Nusa Dua leading the way as one of the island’s most popular destinations.
Source: Bali Hotel Association & Howarth HTL
As the site of 2022’s G20 Summit, Nusa Dua received international recognition last year due to its crystal-clear beaches, a plethora of outdoor activities, shopping, numerous 5-star resorts, and well-managed infrastructure to support it all.
With the combination of positive tourism data with the outstanding sales results of Kiara Ocean Place, Kiara Beachfront is a lucrative investment opportunity that won’t be available for long.
Expect an ROI of 11 – 14.5% on Kiara Beachfront
Aside from the range of luxury amenities mentioned above, Kiara Beachfront residents can expect the following benefits:
- Full turn-key units with zero maintenance or management required
- High capital appreciation with off-plan pricing
- Rental management program
- Passive income opportunities from high revenue generation asset
- End-to-end legal & financial services.
- Beachfront property on the prestigious and limited Nusa Dua coast
President Director of Mirah Investment & Development, Adrian Savage said “There is a huge demand for luxury property in Bali. Kiara Ocean Place’s success is a testament to the desirability and potential of the Bali real estate market. The Nusa Dua beachfront is an ideal location for the new project and will offer investors a great opportunity for capital appreciation and a high return on investment (ROI).”
Suggested reading: Benefits of Buying Off-Plan Property in Bali
Furthermore, using conservative projections, owners can expect an ROI of 11 – 14.5% P.A for each Kiara Beachfront unit.
Kiara Beachfront – with conservative ROI projections from 11-14.5% P.A
Mirah Investment and Development to partner with Pure Group Indonesia
For Kiara Beachfront and all upcoming projects, Mirah Investment and Development is partnering with Pure Group Indonesia to oversee construction management. Pure Group Indonesia is a subsidiary of Pure Projects – an international project management company with over 250 projects in 10 countries, including Marina Bay Sands in Singapore, and Jumeirah Islands development in Dubai.
“Pure Project’s international reputation speaks for itself and we are very excited to have their expertise and best practices on our team,” said Mr. Savage.
The partnership is set to bring a new standard for property development in Indonesia.
Contact the sales team to learn more
If the current real estate market is any indication, off-plan units at Kiara Beachfront will go fast.
Contact us today to secure your slice of luxury, tropical living.