Estonian Real Estate Developers Building Large Vacation Resort in Bali

Estonian real estate development company Investland Bali is building a new leisure complex with 11 villas and 18 apartments in the popular Sanur resort area on the Indonesian island of Bali.

According to Kristjan Ploompuu, partner at Investland Bali, the company currently has approximately 200 villas and holiday apartments under development or already handed over on Bali. "The new leisure complex in Sanur will be built 500 meters away from the ocean and, in addition to residential units, will include a recreation and training center with a gym, a large outdoor pool, and for people from northern regions, a sauna and ice bath, which are quite rare on Bali," said Ploompuu.

"The resort will be located in Sanur's special economic zone, which is home to a recently opened international hospital, a small port, Bali's longest beach promenade, and several luxury resorts. Sanur is one of Bali's regions with the greatest real estate potential, and we have done extensive work to acquire a suitable plot and obtain all necessary permits. This is a more refined area designed for families, with proper roads and the convenience of traveling by car instead of a scooter, which is why underground parking spaces are also being built at the Sanur resort," said Ploompuu.

According to Oliver Heliste, partner at Investland Bali, both the architectural solutions for the Sanur project and the main construction work are being handled by Investland Bali Group's own companies to ensure European-level quality. "In the new resort, apartment prices start from 120,000 and villas from 160,000 euros, for which you get a seaside home furnished with designer furniture. Foreigners have special conditions for acquiring real estate on Bali – while typically a buyer gets ownership rights to the property for a limited period of 25 years, in this project the period is fifty years, which makes it a profitable long-term investment," said Heliste.

"Property values in the Sanur area are growing at an average of three percent per year and rental yields are at least ten percent, which gives the investment a payback period of 7-8 years. Of the 11 villas in the new resort, six were already purchased by Estonian investors involved in previous development projects before the wider announcement," said Heliste.

"We acquired the Sanur development property already in 2024 and last year was spent on design, obtaining permits, and soil and infrastructure work. Full-scale construction of the Sanur leisure resort began in December and the entire development will be completed in the fall of 2027," added Heliste.

Investland Bali Group operates in Indonesia in real estate management, sales, construction, and development. The company is developing seven real estate projects simultaneously, the largest of which is Element Residence, a luxury real estate development with 107 apartments and lofts, which is the largest Estonian investment in Asia's real estate sector in history.