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Mazari Group shifts focus to long-stay buyers in Bali's maturing real estate market

Bali news·Bali·15 hours ago·13 min read
Mazari Group shifts focus to long-stay buyers in Bali's maturing real estate market

Mazari Group is designing its latest Bali villa project, Svara Boutique Residences in Bingin, for long-stay residents and end-users, adapting to changes in Bali's real estate market. Founder Angela Udemba notes a shift in demand from short-term rental investors to buyers prioritizing livability, privacy, and long-term value. The 29-villa project includes full kitchens, private pools, and practical living spaces. It also addresses operational challenges like water supply with a private deep well system, due to PDAM regulations in Uluwatu. Amenities feature Sable & Stone Café & Spa, sauna, cold plunge, fitness studio, and 24-hour butler and security. Mazari Group maintains a selective expansion strategy, focusing on quality over volume, and assists foreign buyers with leasehold and ownership structures. Udemba highlights increasing pressure on developers to maintain quality amidst rising land and construction costs.

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This summary was generated from a story originally published by Bali news.

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