Bali’s leading property developer, Mirah Investment & Development, showcased three strategic real estate investment opportunities in Bali recently, culminating in a property tour of their flagship development at Secana Beachtown in Berawa to top international agents and brokers in association with the LeadingRE-APAC Forum.
[BALI, INDONESIA – June 30, 2023] Mirah Investment & Development, Bali’s leading property developer, recently shared strategic real estate opportunities in Bali with the prestigious Leading Real Estate Companies of the World® (LeadingRE.com), culminating with a tour of their flagship development, Secana Beachtown on Berawa Beach in Canggu, followed by dinner at their KONG restaurant, on Jalan Pantai Berawa.
The three-day APAC Regional Forum event hosted at the Hilton Bali Resort by Leading RE and in partnership with LeadingRE’s exclusive “Destinations” programme connected some of the world’s leading real estate experts including high-end developers from the United Arab Emirates, the United Kingdom, Australia, the United States, Singapore, Spain and Hong Kong.
Elliot Sheehan, Mirah Investment & Development’s Sales Director showcased the company’s latest development projects from their growing portfolio at the event, which included Nila Residence in Canggu, Amali Luxury Residence in Uluwatu and Cocana Resorts in Lombok’s popular resort island of Gili Trawangan and finished with a property tour of the soon to be completed Secana Beachtown, in one of Bali’s most popular destinations of Berawa in Canggu.
International Sales Director Elliot Sheehan on ‘The Importance of FDI in Bali’
“Helping savvy international investors understand and feel comfortable about investing in Bali is a key element to our sales and marketing strategy, which is why each one of our development projects combines 5-star services and amenities with straightforward ownership structures that make it easier for Foreign Direct Investment (FDI)” said Sheehan.
Secana Beachtown is a case in point. With 58, three- and four-bedroom villas as well as 32, one-bedroom serviced apartments, Secana Beachtown is as much a lifestyle investment as it is a tourist destination, offering a range of retail and food and beverage business opportunities, which have successfully attracted world-class investments in their own right.
Encouraging FDI has been a priority for the Jokowi administration, which the Ministry of Investment say was worth almost USD 12-billion in Q1 of 2023 according to a recent report from Tempo. This is largely due to the government’s efforts to improve the ease of doing business, specifically for foreign investors, through structural reform, deregulation, and de-bureaucratization in the investment sector. The recent announcement of a “Second-Home Visa” supports the initiative and is expected to draw even more foreign investments across many sectors.
South-east Asia, and Bali in particular, has now become the focus for global investors. “Bali has seen a real uptake of investors looking to capitalise on the island’s consistent growth in terms of land value, popularity, and nightly room rates – all translating into high potential returns from rental revenue and strong capital appreciation,” said Adrian Savage, President Director of Mirah Investment & Development.
Mirah Investment & Development with LeadingRE at the APAC Forum
Bali was awarded the top destination in Asia in the 2023 TripAdvisor Travellers Choice Awards and second in the world, ahead of Bangkok, London, Paris and Rome. The island’s laid-back, tropical vibe, low-cost of living and rich culture have made Bali a highly sought-after destination for short-term visitors and permanent residents alike. Bali’s lifestyle combined with unspoiled nature, and a wide array of world-class entertainment and hospitality make it a top choice for investment.
“Bali has become the premier choice for property investment in Asia – its reputation as a top global destination for tourism and a choice location for expatriates is certainly on a par with Dubai,” Savage continued. “Our strategic partnership with LeadingRE offers even more opportunities for property investments in Bali as it connects us with selected developers from around the world to a global network of 550 international real estate companies and agencies,” he said.
Property tour of Secana Beachtown – Berawa Canggu, Bali
Mirah Investment & Development’s next event will be at Suntec Singapore Convention & Exhibition Centre, followed by The Ritz-Carlton Singapore on the 17th & 18th of July where they will be hosting an seminar the luxury real estate market in Bali.
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