| Issue 11 | ||||
Perfection in Paradise
For those seeking a truly luxurious tropical lifestyle, their own private slice of heaven, exclusive oceanfront living is about to become reality with the current development of Outrigger Panorama Bali Resort & Spa. Situated on Bali¡¦s southern Bukit Peninsula at a breathtaking cliff top location overlooking the Indian Ocean, with views so vast that you can see the curvature of the earth, the Outrigger Panorama Bali is destined to become Bali¡¦s premier managed condominium resort.? Neighbouring prestigious properties such as BVLGARI, Alila and Banyan Tree resorts, plus
Outrigger Panorama Bali is also located a convenient 20-minute drive from Ngurah Rai International Airport and a short 10-minute drive to Nusa Dua, Bali¡¦s five-star shopping and sports district. As available oceanfront land on the exclusive Bukit Peninsula becomes exhausted, capital values will be inevitably forced up as demand cannot be satisfied through new property releases. This emerging location offers buyers the highest potential for investment returns. Conceived and developed by Bali¡¦s leading resort developers, mc2, the US$45million development Outrigger Panorama Bali Resort & Spa will be managed by Hawaiian-based hotel operator Outrigger Hotels & Resorts. It offers investors a truly unique opportunity to buy into one of Asia¡¦s leading leisure and lifestyle destinations. ¡§Leading luxury resort brands, such as Four Seasons, Ritz Carlton, BVLGARI, Banyan Tree, St Regis, have already identified Bali¡¦s Bukit Peninsula as the new Riviera of the Southern Hemisphere,¡¨ commented mc2 Chairman, Richard McCandless. ¡§Outrigger Panorama Bali will allow people to purchase an overseas property with total confidence. Bali is a proven international destination and the Bukit Peninsula is the emerging location of luxury and lifestyle on the island. Couple this with competitive pricing, direct title ownership and world-class management and it is easy see why buying a condominium at this resort is such a complete ownership proposition.¡¨ Comprising 176 luxurious and supremely spacious studio, one, two and three bedroom condominiums ¡V including six duplex penthouses of 3,583 ft2, all Outrigger Panorama Bali apartments will be fully equipped with modern appliances and generous balconies to maximise sensational unbroken views across the Indian Ocean. In addition, some apartments will also be equipped with private swimming pools. Outrigger Panorama Bali will offer bespoke services and facilities emphasising luxury resort living in the region. Owners and guests will have access to all 5-star facilities and amenities within the resort, including outstanding food and beverage, recreational facilities and spa, as well as close proximity to two championship golf courses and the Bali Collection, for fine boutique shopping.
¡§Outrigger¡¦s history as both an owner and a manager of full service Hotels and Condominium Resorts gives us a unique perspective in the stewardship of the assets we get involved in,¡¨ stated Darren Edmonstone, Vice president Acquisitions and Development, Outrigger Enterprises Group. ¡§Looking forward, Outrigger is committed to its future growth in Asia and has identified a targeted list of resort destinations where there is a natural fit for the Outrigger brand¡¨. ¡§With regards to Outrigger Panorama Bali we are very pleased to be able to be associated with this development. The design work to date as produced by their consultants has been exceptional, as indeed sales to date confirm. The location is absolutely stunning and we are truly excited about this project. Overall, Outrigger Panorama Bali has all the ingredients to becoming one of the leading luxury residential resorts in Bali, if not Asia¡¨. Facilities at the resort will include two gourmet restaurants, both with indoor and outdoor dining terraces; a wine bar and a sports bar; luxurious spa with double treatment rooms, steam rooms, saunas and hot tubs, beauty salon; a state-of-the-art fitness centre complete with multi purpose gym, floodlit tennis court, jogging trail and juice bar; and a large pool system with jets, slides and cascades, plus private cabanas set beside the secluded lower-level infinity pool. There will even be a purpose-built Balinese cooking school. In addition, a Tarzan-style adventure playground, SEGA salon, outdoor play area and distanced business centre will be unobtrusively hidden beneath the rain forest canopy, navigable by golf buggy from within the grounds.
¡§It is a real pleasure for us to be associated with this project,¡¨ stated Outrigger Enterprises Group Executive Vice President, Real Estate and Development, Mel Kaneshige. ¡§From an early stage it was clear that Outrigger and mc2 shared a common vision about the future of luxury resort living. We have a strong desire to grow Outrigger as a true luxury brand in South-east Asia and Outrigger Panorama Bali Resort & Spa is precisely the manner in which we wish our brand to be regarded.¡¨ Outrigger Panorama Bali Resort & Spa provides a safe opportunity for investors to buy their own luxury Bali condo in total confidence. Not only will investors get an attractive guaranteed return of 6% for the first two years whilst the resort becomes established in the marketplace, but also 28 days use of their apartment per annum and the knowledge of direct title ownership and world-class management. Ownership title is provided for an initial period of 70 years. Similar to strata title, ownership will be secure and directly in the owner's name. Past the two-year guaranteed return; the remaining 337 days per year will be allocated to hotel inventory so that owners receive a healthy return on their investment.
DEVELOPER Headquartered in Bali, Indonesia, with corporate offices in Hong Kong, mc2 is a privately owned company with over 25 years development experience. mc2 has a track record of successful resort delivery and have been the inspiration responsible for some of Bali¡¦s most fabled resorts, including Kupu Kupu Barong, Jempinis Villas, Cahaya Mentari, Alu Bali and Sesari Bali. At the helm of mc2 are Managing Director Grant McArthur and Chairman Richard McCandless. With over 45 years of business experience between them, the pair bring together a wealth of knowledge, experience and understanding, assisting owners to maximise their investment potential. A qualified accountant, Grant has been in the business of luxury hotels and property for over 25 years. Prior to his role at mc2 he was the founder and owner of Kupu Kupu Barong, Ubud and was a major shareholder in Australia¡¦s Cambridge Hotel Group. Grant is responsible for land acquisition, government liaison, design development and resort management at mc2.? Richard, a member of the Chartered Institute of Banking and the Chartered Institute of Marketing, is the concept, packaging and design leader at mc2, as well as the driving force behind sales and marketing. He was previously Regional Director at advertising powerhouse Foote, Cone and Belding in Asia Pacific and prior to moving to Asia, Group Chief Executive of Publicis Financial, Europe¡¦s largest financial marketing consultancy. Outrigger Panorama Bali Resort & Spa is the company¡¦s newest project on the tropical island of Bali. Expected to be completed in the spring of 2009, this fantastically located resort will offer 176 five-star, luxuriously appointed studio, one, two and three bedroom condominiums alongside a range of five-star facilities. It will offer investors an opportunity to buy in total confidence in one of Asia's leading leisure destinations as well as one of the most up and coming lifestyle locations with access to all manner of world-class facilities and services. Owners will enjoy an attractive guaranteed return of 6% for the first two years and 28 days usage per annum. Recent projects in Bali completed by mc2 include Jempinis Villas, four deluxe private villas widely regarded as some of Bali¡¦s most charming properties; Cahaya Mentari, adjacent to Jempinis Villas, a ¡¥themed sub-division¡¦, with offshore ownership provided; Alu Bali, seven private villas, operated as a boutique hotel, in Bali¡¦s most exclusive neighbourhood, Oberoi and Sesari Bali, a recently completed boutique villa resort in sassy Seminyak. Outrigger Enterprises Group is one of the largest and fastest-growing hospitality services companies in the Pacific. Outrigger is a family-owned company with 60 years of hospitality experience and runs a highly-successful, multi-branded line of hotels, condominiums and vacation resort properties across the Pacific, including Outrigger Hotels & Resorts, OHANA Hotels & Resorts, Outrigger Condominium Collection, Outrigger Resort Club by Fairfield and Embassy Suites Hotel (R)-Waikiki Beach Walk (TM).* Outrigger Enterprises Group also operates and develops hotel properties and hospitality-related retail and real estate opportunities for partners in Hawaii, the Pacific, the mainland USA and Asia. ARCHITECT ¡§I am very proud that Original Vision have been entrusted to design Outrigger Panorama Bali Resort & Spa,¡¨ stated McCarroll. ¡§Conceived as a fully integrated residential resort, the available options offer a full range from studio apartments all the way to three-bedroom penthouses. ¡§All are spacious with high ceilings and large terraces, designed for tropical living and so much more than a hotel room. Tie these accommodations together with the extensive facilities, landscaped gardens and the expert management of Outrigger and the result is arguably, the new direction for the 21st century resort.¡¨ ¡§As an investment in a lifestyle alone, a second home has always made sense however, buyers are becoming more discerning. Not only do they want a stunning apartment or home but they want it well managed and to participate in a healthy share of the proceeds of renting it when they are not in residence. Panorama has been specifically conceptualised to meet this desire and our main focus has been to translate it into a design that dovetails with this new direction.¡¨ DESIGNER ¡§Panorama Resort is situated on one of the most inspirational sites in Bali, on a cliff overlooking the sea,¡¨ stated Garriss. ¡§It is a very dramatic view and it can be enjoyed from almost every apartment and public space in the resort. The architecture of the apartments is very contemporary so interior designs will reflect a clean, contemporary feeling with a hint of traditional Balinese accents. These accents can be seen in the artwork, accessories, soft furnishings and some of the finishes. ¡§Each Outrigger Panorama Bali apartment type has it¡¦s own colour scheme which are all inspired by ¡§the colours of Bali¡¨ and include sea blue, cool crisp greens of the rice fields and jungle, navy blues of the ocean, pinks reds and oranges from ceremonial offerings and dress and the creams and beiges of the sand. Artwork is, of course, inspired by the patterning of traditional Balinese ikats and batiks¡¨ SALES ENQUIRIES For online information, log on at: www.panoramaresortbali.com |
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