WA investors are turning their attention to Bali, now that Perth’s luxury apartment market has hit record highs.
Just three weeks after listing luxury beachfront apartments in prestigious Nusa Dua, Josh McDonald, of Ray White Fremantle, has sold one and is negotiating sales of others to Perth buyers.
He said there had been a lot of interest by WA investors in six apartment developments being built on Nusa Dua, in Bali’s south.
Only three luxury apartments are left in the first development.
“The developments are in the Tanjung Benoa area, on the Benoa peninsula. It’s a very prestigious area with a lot of five-star resorts,'’ Mr McDonald said.
“All luxury apartments are double storey and built to Western standards.'’
The apartments will line Nusa Dua beach, with large balconies and 180-degree ocean views out to Nusa Penida and Nusa Lembongan islands.
They are priced at $US360,000 (about $A405,313).
“Similar apartments next door are going for up to $US650,000,'’ Mr McDonald said.
While Indonesian law bars overseas buyers owning property in Bali, the apartments have 84-year leases.
Source: http://www.news.com.au
October 9th, 2007
The Karangasem regency is located at the east end of the island with area of about 83.954 Ha and inhabited by population of around 369,000. The region consists of many hills but dry land, which is almost similar to be condition of wildlife in west Lombok. This hot and dry natural condition of this regency is even more intensified, while the lava from the eruption of the Mount Agung in1963 flew to the region. Most area Karangasem, especially the northern part, was covered by lava of this erupted mountain that killed thousands of people.
In the 1980s, the natural condition of Karangasem gradually turned to green grass and dry plants growing, The green program had helped the region recover rapidly from the aftermath of the eruption along with the effort of sustainable agricultural and plantation development in the region. Patches of rice fields that were seen on the outskirts of Karangasem has put the region back on track while subak system was optimized to help agricultural land rehabilitation.
Since the mild of the 1990s,Tulamben, an area that is situated in the northern side of Karangasem and was strongly affected by the lava flood, finally became a tourist attraction, especially its beautiful corals and tropical fish. The accommodation facilities for tourists like hotels, restaurants, and marine recreations have been built in this area.
Beside the beauty of hilly areas or the underwater panorama, Karangasem also save a bunch of tourist objects. Bali Mula community who live in Karangasem has given different colors to local art and culture. Until now, the people of Tenganan, Bungaya, Asak, Timbrah and Bugbug and some other villages still carry out Bali Mula traditions and try not being easily influenced with the ways of the Bali Majapahit.
| Posted by EditorsChoice |
| Monday, 08 October 2007 |
| Karangasem Regency Travel Guides. |
Source: http://pr-gb.com
October 9th, 2007