Singapore (PRWEB) March 23, 2010
Construction, of what will be the only five-star standard absolute beach front resort in North Bali, is proceeding ahead of schedule, meaning pre-release prices may soon increase by up to 30 per cent.
One of the biggest developments in the North Bali area, the Lovina Beach Resort - http://www.lovinabeachresort.com - consists of 32 luxury apartments, 16 villas and two penthouses. It is on two hectares of land with 200 metres of beachfront and lush tropical gardens.
There is a video of the Lovina Beach Resort features here:
Every apartment will have ocean, mountain or garden views, in a prime location just 20 minutes west of the former Bali capital of Singaraja and on the famous Lovina Beach, five minutes from the village of Kalibukbuk.
The developers have announced that the pre-release investment opportunity, to purchase fully furnished, fully serviced single-bedroom apartments from just US$99,000 - and the current prices for terrace villas, beach front super villas and the two penthouses - will likely end in just weeks.
Prices to Rise Soon
Graham Stott, Project Director of the Lovina Beach Resort - http://www.lovinabeachresort.com - said that strong interest and recent sales of apartments meant pre-release prices would likely have to soon rise.
"This unique construction project is moving ahead rapidly, demand for these once-in-a-lifetime investment opportunity apartments is growing and we can only offer the minimum US$99,000 price point for a very limited time now," Stott said.
"The Indonesian Government's confirmation of a second airport for Bali, in the north, has certainly stimulated investment interest in the project. A number of international investors have already purchased apartments, and those who act quickly before the price rise, could get an early appreciation on their investment.
"There are few places in the world where you can invest in five-star standard absolute beachfront property, with full flexibility to live in or rent, and the Lovina Beach Resort is one of them."
Popular tourist attractions
North Bali is home to a number of popular tourist destinations, such as Lovina beach, Singaraja, and the twin lakes in Bedugul in Gianyar. At close-by Lovina, pastimes such as eco-tourism, dolphin watching, snorkelling, scuba diving, visiting hot springs, picturesque waterfalls, temples and historic heritage sites are already attracting increasing numbers of tourists.
A number of investors from around the world have already realised the Lovina Beach Resort opportunity which includes solid rental returns, potential capital appreciation and a fully serviced luxury lifestyle environment.
Investors, and/or owner-occupiers, will have freehold ownership of apartments and villas at a world class holiday beach front destination, in a growing tourist area. The Lovina Beach Resort will have included a comprehensive range of amenities and services into our properties, including restaurant and spa. The Resort will be professionally managed and will generate a solid return for investors.
Current Lovina Beach Resort prices (soon to rise) are here: