LUX Property Group Set to Expand LUX Village as Stage One Reaches 96% Sold
LUX Property Group is preparing to expand its flagship Bali development, LUX Village, through the acquisition of additional adjoining land after Stage One reached approximately 96% sold.
The expansion follows strong demand for the group’s largest development in Bali, which incorporates approximately 100 villas, resort facilities and multiple apartment-hotel precincts.
Surveying and preliminary site assessments are already underway as LUX Property Group evaluates the next phase of the development. However, the additional land is not expected to be ready for release for another three to four months while the acquisition, planning and preparation processes are completed.
This means buyers currently have access to only a very limited selection of remaining properties within the existing LUX Village development.
LUX Village has been designed as an integrated resort-style community, combining private villas and apartment accommodation with swimming pools, hospitality facilities and professional property management. Its location and range of property types have attracted both lifestyle buyers and investors seeking professionally managed property in Bali.
With Stage One now close to being fully committed, LUX Property Group believes the acquisition of more land will allow it to meet continuing demand while adding further accommodation and resort facilities to the wider precinct.
The planned expansion is also expected to strengthen the overall LUX Village destination by increasing its scale, guest capacity and range of amenities.
While further details of the new land and proposed master plan will be released once the acquisition is finalised, the company has cautioned that purchasers waiting for the next stage may need to wait at least three or four months before any new properties become available.
Until then, sales will be restricted to the small amount of remaining stock across the current villas and apartment-hotel properties.
The near sell-out of Stage One represents another important milestone for LUX Property Group as it continues expanding its portfolio of resort, residential and hospitality developments across Bali and other key Indonesian destinations.
