A Great Success: ADAYA Villas Start of Construction Celebration Event

26th August 2023 - An atmosphere of excitement and success filled the air as Palm Developments hosted the highly anticipated ADAYA Start-of-Construction Celebration Event on Saturday, the 26th of August. With over 30 esteemed guests, clients, and friends in attendance, the event marked a significant milestone in the journey towards creating one of the most exceptional villa complexes in Bingin Bali.

The event commenced with an insightful presentation by Rory O'Gara, the Director and Co-founder of Palm Developments. He elaborated on why ADAYA is set to become a benchmark for villa construction in Bingin Bali. Following this, James Hartshorn, another Director and Co-founder of Palm Developments, took the stage to share invaluable insights into the investment returns that ADAYA villas offer. He provided detailed information on how investors can harness profitable passive income by investing in these luxurious villas. 

Matthieu Chauveau, the Director of TKT Management, who will oversee the management of ADAYA villas, has also shared his expert perspective on the local rental market performance and how TKT Management aims to optimize returns on investment for ADAYA villa owners.

The event's highlights included an exclusive tour of the construction site and a glimpse into the masterplan. Guests were briefed on the construction progress and the incorporation of structural elements using the finest natural materials alongside modern, practical architecture. Additionally, sustainable design aspects such as energy efficiency and open green spaces for biodiversity were intricately woven into the villa layout. The paramount focus on safety was underlined, considering Bali's susceptibility to earthquakes. ADAYA's commitment to ensuring both resident safety and safeguarding clients' financial assets was palpable.

The event not only offered an enlightening experience but also a culturally immersive one, as guests took part in a meaningful cultural ceremony to bless the land at the construction site.

Press Coverage

The event garnered significant attention from various media outlets and press representatives. International developers and investors recognizing the value of luxury investments in Bingin Uluwatu was a highlight covered by the media. Some notable press coverage included:

Bali Picture News (English): Bingin in Uluwatu Emerges as Bali’s Prime Property Investment Destination, Attracting International Developers and Investors

Kompas.com (Indonesian): 

• Indonesia Your Second Home" Encourages Hong Kong Developers to Build Luxury Villas in Bali 
• Bingin Uluwatu, the Newest Luxury Property Destination in Bali

About ADAYA

ADAYA presents a unique investment opportunity in an era where prime coastal lands are scarce. These villas offer more than just luxury; they provide an unparalleled passive investment opportunity coupled with exceptional 5-star services for discerning investors. 

The demand for short-term rentals in Bingin and its surrounding coastal areas is robust. ADAYA's strategic location and thoughtful design enable projected rental rates of US$250 per night for one-bedroom villas and US$520 per night for three-bedroom villas. This is aimed at achieving an impressive occupancy rate of 83-85% throughout the year, translating to a target annual income of US$40,000 to US$92,000 and a remarkable Return on Investment (ROI) of 20-24%.

Palm Developments also offers Fractional Investment options, ensuring fixed interest earnings during the construction phase. This innovative approach enables investors to start reaping returns from day one, minimizing both time and opportunity costs. With villa prices starting from US$210,000 and enticing off-plan offers available, ADAYA presents an attractive proposition for investors.

ADAYA stands as a rare gem in Bingin, offering investors not just a passive income generator but a valuable asset to fortify their investment portfolios.

As the construction progresses, the ADAYA team remains dedicated to excellence, sustainability, and delivering on their promise to create a haven of luxury and investment opportunities in the heart of Bali's coastal beauty.