Bali will soon be home to a fleet of hydrogen airplanes that will be used to help ‘boost’ tourism in the province.
PARQ Development’s current work on the island will be most familiar to Bali lovers through the PARQ Ubud apartment complex, social club, wellness center, and restaurant hub located between central Ubud and Tegallalang.
The group also has PARQ Blue, a development underway in Ungasan, close to Uluwatu. Many more projects are in the pipeline.
Soho Surfside will be a series of luxury units with private access to Suluban Beach on the Bukit Peninsula. PARQ Citadel is touted to become the ‘safest place in Bali’ with a ‘Fort Knox’ level of security for a complex built in the image of the ancient cities of France and Italy.
All villas will have an ocean view, and there will be a beach club feel to a gated community complex.
PARQ Development has teamed up with Sirius Aviation AG as part of a USD 50 million deal to invest in fast-tracking sustainable aviation solutions in the province.
As part of the new deal, PARQ Development will become guardians to a total of ten hydrogen airlines that are set to change aviation and sustainable tourism in Bali forever.
PARQ Development says, “[our] projects are points of attraction within the island. Our Complexes are places of maximum concentration of people, energy, intelligence, creativity, aesthetics, opportunity, and money in Bali.”
As part of this new venture, PARQ will receive five Sirius Business Jets and five Sirius Millennium Jets. The jets are technically referred to as hydrogen-powered vertical takeoff and landing (VTOL) jets.
As part of the deal, five vertiports and five hydrogen generators will also be created in Bali. Vertiports are the take off and landing pads used by the aircraft since no runway is needed.
The Sirius Jet is the first hydrogen-powered regional VTOL aircraft. Sirius Aviation AG say “The Sirius Business Jet is geared toward luxury private fliers, with space for up to three passengers.
The craft will be able to cruise for up to 1,150 miles at speeds of up to 323 mph and altitudes of 30,000 feet. In addition, it promises ultra-low noise levels of just 60 decibels.”
Alex Popov, the CEO of Sirius Aviation AG, told reporters, “Our partnership marks the dawn of a new era for Bali and its surrounding islands, emphasizing zero-emission tourism, sustainable development, and regional economic growth.”
He added, “With PARQ’s tailored route planning and outstanding support services, we’re setting a new standard.”
Andre Frey, the founder of PARQ Development, said, “Uniting with Sirius Aviation AG, we’re crafting a new era for Bali tourism – zero carbon footprints in the sky and unforgettable journeys on the ground.”
The whole deal is still in the balance, and certification is still in the pipeline. Leasing the jets and developing supporting infrastructure will cost PARQ Development USD 65,000 a month.
The deal is in place for five years, and PARQ is targeting USD 180,000 in monthly revenue from the new initiative.
Establishing more sustainable tourism in Bali is a mission shared by many local communities, business leaders, and tourists.
However sustainable hydrogen power may be, there are undoubtedly those who feel a project such as this is overlooking essential sustainable developments that Bali urgently needs support to create both local people and the good of the tourism industry.
Nevertheless, with predictions of USD 180,000 a month in revenue, PARQ’s ambitious plans are clearly based on the every-growing demand for travel and luxury lifestyle experiences in Bali.
At present private helicopter tours are the only way to experience Bali, the Nusa Islands and parts of Lombok and the Gili Island by air. These experiences come with a premium price tag and receive high demand from tourists.
Bali's Current Hottest Real Estate Markets
"Bali is Hawaii 30 years ago"
Three months ago Lawrence predicted 2024 would be the most explosive year yet for the Bali's real estate market, especially on its popular East Coast in or near the first Resort Area in Bali, Sanur .
"2024 the most explosive year yet"
"Sanur not Snore Anymore"
According to Wikipedia. Sanur pronounced sah-noor) is a coastal stretch of beach east of Denpasar in southeast Bali (about a 30-minute drive from Ngurah Rai International Airport)For the 26 years he lived in Sanur it was called "Snore" because it attracted Seniors and Baby Boomers to quiet lifestyle, famous beach and inexpensive cost of living.
Recently Bali has been showered with accolades in 2023 ,& 2024 snagging titles like "Second Best Destination in the World,"
This translates to one thing, a tourism boom, and with it, a surge in rental income.
Remember his saying, "Bali real estate demand is directly proportional to tourist demand".
"Bali real estate demand is directly proportional to tourist demand"
The fuel for Sanur's coming Real Estate firestorm: 2,000 to 3,000 New Employees:
The massive Bali International Hospital is set to open its doors, bringing with it a wave of medical professionals and support staff seeking comfortable digs.Where will Doctors, Medical Technicians, and Support Staff Live?
5 - Star Hotel 1,000 Staff ?
The swanky new Meru hotel will need a place for its team to call home, injecting further demand into the market.New Icon Mall - 300 to 500 Employees:
Talk about a lucrative demographic!
So, where will all these new residents live? Sanur and its suburbs, of course.
Here are Lawrence's predictions on the three most sought-after areas of the East Coast, perhaps all of Bali in the next 12 -24 months.
#1 Area With Most Demand
This is due to the growing popularity of the area as a tourist destination and the increasing number of businesses and medical facilities moving in.
No Room at the Inn:
Just as Mary and Joesph found in Bethlehem just before Jesus was born recently there is no rooms in any of our inns.Unfortunately, there is not much available housing in these areas, as they are mostly commercial and hotels.
However, there are a few options for those who are looking to buy or lease a home in this sought-after location.
Bali Emerald Apartments:
They are perfect for those who are looking for a modern and stylish home in a great location.
PT. Bali Luxury Villas Start at $228,888.
For those who need more space, we also have a few award-winning Bali Luxury Villas available for sale.
They are perfect for those who are looking for a luxurious and spacious home in a quiet and peaceful location.
Bali Luxury Villas and Apartments are located within a short eight minute walking distance to Sanur's famous white sand beach.
They are also close to a variety of restaurants, shops, and bars.
If you are interested in buying a home in one of the most sought-after areas in Bali, we encourage you to contact them today.
They will be happy to help you find the perfect home for your needs.
#2 Area - Demand
While many eyes are on Sanur for the upcoming Bali International Hospital, savvy investors might find hidden gems close by.
This area, conveniently located within 1-10 kilometers of the hospital, offers several advantages:
Affordability: Escape the higher property prices of Sanur and capitalize on this area's lower costs.
High-Caliber Community:
Bali Paradise Beach Estates already boasts residents such as major Developers and Hotel owners plus, an A-listed couple, two doctors, and other successful individuals. This creates a desirable and dynamic community for future residents.
Beyond Borders, Beyond Expectations:
Remember: This area provides a unique opportunity to live well, invest wisely, and be part of a thriving community just steps away from the Bally International Hospital. Don't miss out on discovering this hidden gem beyond the borders of Sanur!
Brand New Luxury Retirement Villas:
# 3 Area Most Demand
Beyond the Bypass: Uncovering Renon & East Denpasar's Potential
While past development left some concerns – smaller plots, lower construction standards, and bumpy roads – change is afoot.
Infrastructure upgrades are on the horizon, promising a brighter future for the area.
But here's the real draw: prices here are significantly lower than the popular East Side, making it a prime location for savvy investors.
Envision it – owning a sprawling property, hundreds of square meters of opportunity! Build two or three stunning villas, keep one for yourself, and sell the others to recoup your investment, essentially securing your dream home for free.
Intrigued? We'd love to be your guides! Let us unveil hidden gems waiting to be unearthed in Renon & E Denpasar.
This area isn't just about a bargain; it's about embracing potential, about shaping your own Bali paradise.
Ready to ride the Bali East Coast wave?
So, pack your bags, your sense of adventure, and your investment savvy, because Sanur and its suburbs are about to become the real estate El Dorado of Bali.
Remember, this is just the beginning. We will keep you updated on all the sizzling developments in the East Coast real estate scene, so stay tuned for more insider tips and insights.
In the meantime, start browsing Best Bali Real Estate Listings – the future of Bali's real estate is bright, and Sanur is its shining star.
P.S. Don't forget to share this post with your fellow real estate enthusiasts! Let's spread the word about Sanur's golden future.
Schedule Your Personalized Viewing Today.
Contact us today to schedule a personalized viewing.
For information or inspection in English contact the Baby Boomer, President, Lawrence by Telephone or WhatsApp at +628123814014.
For information or inspection in Bahasa Indonesia contact the President's Spouse, a Licensed Indonesian Notaris, Azizah at +62 811-3864-993
ABOUT US:
Together with her partner and spouse Lawrence who has 50 years of Real Estate Experience, 20 Years of which is in Bali they own and operate award-winning 20-year-old Pt. Bali Affordable Lifestyles International ( PT. B.A.L.I. ).
Indulge in the pinnacle of luxury and efficiency with this esteemed team of over 70 professional staff, proudly offering an array of services for Buying, Selling, Leasing, and Renting Asian Real Estate.
For an unprecedented ten years running, they have been awarded the Certificate of Excellence and the Hall of Fame Award from the esteemed TripAdvisor, cementing their place among the top 2% of hotels and villas listed worldwide.
With clients all over the globe singing their praises, they are indisputably one of Asia's most renowned travel and real estate investment experts.
TESTIMONIAL:
"Honesty and professionalism are everything when you're dealing with real estate but when you can also find the most knowledgeable people to advise you and help you with what you need, why go anywhere else...Hands down the best in Bali!"Bo B, UNITED STATES- 2022
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