In the run up to LOFT’s upcoming Issue 4, we examined the latest phase of the award-winning luxury villas at the Karma Kandara Spa Resort in Bali.
Karma Kandara was voted as ‘Best New Resort in Indonesia’ and ‘Indonesia’s Best Development’ in the 2009 CNBC Awards. Nestled on a spectacular cliff top location in the picturesque region of Uluwatu, Bali, the latest Phase V development is expected to be completed by March or April of next year.
Investment operates as a fractional ownership scheme – a topic we examine in more detail in the upcoming Issue 4 – whereby, after buying a share of the development, owners are entitled use of the property for 28 days of the year. This practice makes the prospect of owning and enjoying a luxury holiday villa much more affordable and easier to realize. Additionally, Karma owners are given the option of not only staying at either their own villa but any available Karma resort villa – which includes luxury residences across Indonesia, Thailand and Western Australia.
Each Bali villa residence will feature open planned interiors, a fully equipped kitchen, lounge and dining areas that exude resort comfort with modern finishings throughout. Of course, no luxury villa would be complete without a private timber-decked garden courtyard and an infinity pool. Alongside the private comforts comes access to the di Mare resort restaurant, Temple Lounge rooftop bar and Karma Spa as well as a concierge service for the resort. The Nammos Beach Club below is right on the beach and accessible via a novel inclinator ride down 100 metres of limestone cliff.
The fifth and final development at Karma serves to underline the trend of investment into one of Asia’s hottest luxury tourism destinations. International tourism has increased in Bali every year; the number of foreign direct arrivals from January to August 2010 increased by around 11% year-on-year, and all signs point towards an opportunity ripe for investment.
Read further at www.karmakandara.com.