An Eco Oasis in Bali Offering Upscale Green Living and a Sound Dome is Selling at Auction
2 min
An eco-chic oasis in Bali, Indonesia, is up for auction and will sell to the highest bidder with no reserve.
Spanning more than 15,000 square feet, the turnkey nature-lover’s estate, known as Villa Krtajna is in Canggu, a resort village on the south coast of the island that’s surrounded by terraced rice paddies and known for its surf beaches.
Consisting of a primary residence and a separate loft, the property—currently on the sales market with a $1.95 million asking price—has a total of six bedrooms and nine full bathrooms.
The Concierge Auctions sale, in cooperation with Vivi Aprilia of OXO Group Indonesia, opened up to bids this week and will run until the hammer falls on Sept. 7.
Built with polished concrete, aluminium and recycled antique teak, the biophilic spread “embodies a fusion of nature and sustainable living, designed to enhance well-being and create a healthier environment,” the listing said.
No artificial colours can be found across the home, making for an organic palette of soft greys and warm browns from the concrete and wood construction.
Inside, a wooden walkway over a shallow pool in a double-height foyer leads into the home where walls of glass open up much of the property to the outdoors. There’s a sun-filled and open-plan living, kitchen and dining space, and a floating wooden staircase leads upstairs, where there’s the primary suite, two offices and a roof garden.
“Overall, this home prioritises sustainability, a connection to nature and utmost wellness for its future owners,” the listing said.
One of those priorities is underlined by the spa, which is fitted with a steam room, a cold plunge and a multipurpose sound dome, to be used for meditation, sound therapy or a massage space.
The semi-detached two-bedroom loft house has a pool and a sun deck and can be used for extra space or to provide a source of income.
The home also boasts a host of green-approved amenities, including a solar-powered energy system, a water treatment plant for pure drinking water, a rainwater harvesting system and low-chemical pools.
Mansion Global couldn’t determine the owner of the home.
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Villa prices saw particularly strong growth, with capital values increasing by 33.4 percent year-on-year
< 1 min
Dubai’s real estate market showed strong performance in the second quarter of 2024, with notable increases across the residential, office, and retail sectors, according to a new ValuStrat real estate report for Q2 2024.
Villa prices experienced particularly strong growth, with capital values rising by 33.4 percent year-on-year.
Haider Tuaima, Director and Head of Real Estate Research at ValuStrat said: “The Dubai real estate market has shown impressive growth and resilience in recent months. The ValuStrat Price Index for Residential Capital Values increased by 6.4 percent quarterly and 28.2 percent annually, reaching 178.2 points.
“Despite severe flooding caused by record rainfalls in April, the quick and effective response from developers and authorities helped to control the damage, ensuring that market activity and property valuations remained robust in the subsequent months.”
The office sector also performed well, with the VPI for office capital values surging by 31.7 percent annually and 9.4 percent quarterly, reaching 212.5 points—the highest quarterly increase in a decade.
In the retail sector, Emaar Properties reported 98 percent occupancy in their prime mall assets, while overall mall occupancy stood at 96 percent during the first quarter of 2024. The hospitality sector also saw growth, with total international guests reaching 8.12 million as of May 2024, a 9.9 percent increase compared to the same period last year. Hotel occupancy reached 81 percent, rising by 1.4 percent year-on-year.
Despite these positive indicators, Tuaima added, “The decline in transaction volumes calls for a closer examination of market dynamics as stakeholders navigate this evolving landscape.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
