Seminyak in Bali is one of the highly visited areas by foreign tourists. The area is home to some of the top hospitality chains, restaurants, cafes, bars and other places for entertainment. Stretching property in Bali is getting brighter. Today, Seminyak is buzzing with activity on the real estate front with number of developers building hotels, apartments and condotels.
One of them, Vins Group, is coming up with a luxury residential building in the form of condotel which is being termed as the first sky villa concept in here which is being built at a total cost of Rp 120 billion (USD1,16,40,000).
To be completed in 2014, De Vins Sky Villas is a combination of consists of 110 fully furnished units, ranging from Studio Suites to Garden Villas most featuring a unique water theme with a Terrazo Jacuzzi, a private pool or a water fall in a condotel unit, that will offer buyers a leasehold ownership of their property.
As of March, 65 percent of the units have already been sold. Meanwhile, these luxury residences will be equipped with facilities such as spa, swimming pools, restaurants and bars. Intended for upper-middle-class customer, once completed, the condotel will be managed by international hotel operator, Golden Tulip from Holland.
Each unit of De Vins Sky Villas will offer sweeping views of the ocean with the rooftop of the development to feature a pool, and the Sky Bar and Restaurant. The developer has also partnered with Ray White who is the single sales agent for De Vins Sky Villas.
- DeVins Suite (42 square meters): 20 units
- DeVins Suite + Balcony (52 square meters): 30 units
- DeVins SkyVilla (70 square meters): 48 units
- DeVins Garden Villa (90 square meters): 8 units
- DeVins Mezzanine Sky Villa (Penthouses of 140 square meters): 4 units
About the developer (Vins Group):
Vins Group is a holding company that was founded in 1994 with the main objective of developing and constructing houses, shop houses, malls, townhouses, warehouses and trade centers. Under CEO Rony Surjana Widjaja, Vins Group has expanded to developing large departmental stores and hospitality properties such as luxury villas and condotels. With decades of experience, the Vins group is a leading name in Bali and is known for on-time delivery of projects and quality construction and design.
Prices of units at De Vins Sky Villas range between Rp 2.9 billion (USD28,13,000) to Rp 9.9 billion (USD96,03,000). And going by what real estate operators in the area are forecasting, deVins Sky Villas will return an exceptional ROI, offering a buyback guarantee of 200% in 10 years and guaranteed return of 8% over two years.
For more information on the development and availability you can contact the Ray White’s sales team at +62-85792631645, +62-8155701729, +62-8155749228 or email them at firstname.lastname@example.org. The developer can be reached at: +62-021-29052899. More on the construction status of the development at their website, www.devinsskyvilla.com