Citadines Berawa Beach Bali (Indonesia)
Bali is one of the most popular tourist destinations in the world, with over 16 million tourists visiting in 2018. Citadines Berawa Beach Bali, a 226-room international four-star hotel investment by Stellar Partners, is located in Canggu, a districted that is ranked no. 4 on Forbes’ 2019 Top 10 Overseas Place to Live and Invest. A stone’s throw away from the Berawa Beach, the hotel will be operated by one of the top hotels and serviced residence operators in the world – The Ascott Limited – under the world-renowned Citadines brand.
With a clear overall strategy, execution plan and unique local knowledge, Stellar was able to procure one of the few remaining plots of land available in the fast-growing area of Canggu, and also was able to obtain all relevant approvals from government agencies and is well underway for a grand opening in second half of 2020, expecting to provide multiplied value to its investors.
➢ Sector: Hotel, Real Estate Development
➢ Location: Canggu, Bali, Indonesia
➢ Our Role: Sole Investor and Partner
➢ Investment Quantum: 12M USD
➢ Expected Return: 40-60%
➢ Project Website: http://genesisindojaya-citadinesbali.com/