Global hospitality chain Tui Blue revealed that investors are targeting villa property investments in the Berawa Beach tourist area, Canggu, Badung Regency, Bali.
"Investor confidence and the external market towards Canggu are indeed strong," said Tui Blue Berawa General Manager Dino Anthonio in Badung Regency, Bali, Friday.
He explained that as many as 14 luxury villas that had just been completed and were under his management had been purchased by investors who predominantly came from Australia.
The investment scheme for the investors, he said, is with a right to use scheme until 2049.
Dino added that the minimum selling price per unit is around 570 thousand US dollars or around Rp. 9.3 billion, assuming the Rupiah exchange rate against the US dollar as of Friday (16/5) is Rp. 16,464.
