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A stunning new development in the beachside enclave of Pereranan, Canggu, Tu Casa
has attracted unprecedented buyer enquiries following the official launch of the project
in May 2022.Created by JMGM, a reputable Australian developer, Tu Casa includes 40 designer villas as part of the beachside development that will house a 5-star boutique hotel with 84 rooms, 4 restaurants, bars, a co-working space, a beach club and wellness facilities.
The 1.1-hectare beachfront property is being constructed in one of the most sought after areas of Bali. Pereranan, the beachside area next to Canggu, has seen a host of gourmet restaurants, bars, spas and luxury properties opening in recent months, including a new creative studio, Vagabond.
Pereranan is an area that has traditionally been more residential than neighboring Canggu, and still retains a laid-back beach-side feel.
“We expected this was going to be a very popular buy for those wanting to set up a lifestyle investment in Bali, but even so we were surprised by the amount of interest from potential buyers” explains James Moses, Director of JMGM.
”The design is very low impact with a host of smart, sustainable features and lots of beautiful outdoor spaces. We’re negotiating with some well known restaurateurs to run the venues, and we expect it to be a popular alternative to Canggu.
With only 40 villas in 1 and 2 bedroom configurations, JMGM expects sales to be extremely competitive. “Those who wait will miss out, we predict. The terms we are offering make this a very attractive buy for this sought after area and the predicted ROI make this a smart investment in Bali’s most sought after area of the beach,” explains James Moses.
A luxurious boutique hotel on the site will offer 84 hotel rooms, many offering great views over the ocean. Four restaurants will offer diverse dining experiences from casual to high-end. A well equipped co-working space will cater to all those who now work remotely while the entertainment and lifestyle facilities will establish Tu Casa as a lifestyle and holiday destination along the beachfront as an alternative to Canggu.
In recent years many have made the decision to have a base in Bali as a financial investment and as a lifestyle investment, it’s island living with all the benefits of being at home, from high-speed internet connections to health, wellness, access to great restaurants and social connections.
The 40 Tu Casa villas come in a variety of unique sizes and layouts. Every villa has a pool, living area, designer kitchen, a dining area, terrace and, depending on the design, 1-2 bedrooms. Some villas have a gallery that can be utilized as a workspace, and others enjoy beautiful ocean views.
Designed with a Mediterranean feel and a host of smart features, The architect-designed plans have created villas that are as beautiful to live in as they are a great investment. Built around almost 5,000 sq metres of outdoor space, and a host of 5-star resort facilities, it’s little wonder the development has attracted so much interest from lifestyle investors.
Details:
Villas start at US$207,000
Hotels start at US$151,000
The villas are available on a 35-year Leasehold
Fully managed with no management fees
Forecast: 11% ROI
Fully furnished with Smart technology + designer fittings
Construction will begin in January 2023
Completion date: June 2024
Project Cost $100 million