Luxury Balinese resort Ayana attracts attention of WA mining off-the-plan investors

The first integrated residential estate in Bali is proving to be popular with Australian investors, who join purchasers from the USA, Singapore and Japan.

Ayana Residences, a new residential complex on the grounds of the luxury Ayana Resort and Spa in Jimbaran Bay in Bali, has had particularly strong interest from Western Australian based mining industry people given their proximity to the resort location.

The 30 weekly flights a week from Perth to Bali take about the same time as the 3½ hour drive to Margaret River, 300 kilometres south of Perth. The Bali-based Elite Havens real estate agent Matthew Georgeson recently told the Australian Financial Review that 70% of inquiries from Australia came from Perth, with half involved in mining.

Apartments in the Ayana Residences range from about $US500,000 for one-bedroom through to $US1 million for two bedrooms, with rooftop and garden penthouses at around $US2.7 million.

It will consist on completion of 155 luxury apartments within a 6.5-hectare secure gated community.

Already three out of the four rooftop penthouses have sold.

One couple Adelaide who have purchased a two-bedroom unit say they consider themselves "snowbirds."

"We will escape the South Australian winter for a few months every year and migrate north to Bali for the warm weather, and when we’re not using the unit, we’ll rent it out,” the couple told News Ltd papers.