RealEstat.id (Jakarta) – One of the areas that has a rate of increase in property prices and occupancy is Bali. With the massive level of tourism in Bali, it has encouraged property development in this area.
Not only local residents or Indonesian citizens, but foreign citizens also participate in the benefits of the property business in Bali. Starting from Russian, Ukrainian, Middle Eastern, European and even American citizens have also entered to glance at the property business in Bali.
The annual report from the Travel Choice Awards 2025 named Bali in second place, just below Kyoto, Japan. This assessment is based on millions of global traveller reviews that rate destinations based on natural beauty, low crime rates, cultural richness, and the quality of tourist facilities.
Mordor Intelligence reports that the Indonesian Property Market is estimated to reach USD 68.55 billion in 2025, and is expected to reach USD 90.96 billion by 2030, with a CAGR of 5.82% during the forecast period (2025-2030).
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Indonesia's property sector has emerged as a cornerstone of economic development, with official figures from Statistics Indonesia showing that the GDP contribution from property activities reached IDR 488.31 trillion (USD 31 billion) in 2022.
In 2025, the Bali Provincial Government is targeting a total of 17 million tourist visits, including 6.5 million foreign tourists. This figure is slightly higher than the number of foreign tourists in 2024 which was around 6.3 million.
The natural beauty of Bali is undeniable. From uniquely coloured sandy beaches, rows of artistic green rice fields, to the grandeur of ancient temples full of philosophy, all come together in a cultural harmony that is rarely found elsewhere.
But more than just the scenery, Bali offers an authentic and spiritual living experience, something that many people are looking for in this modern era. Coupled with the hospitality of the local people and the richness of the art that continues to live, it is no wonder that Bali continues to be a world favourite.
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Shanny Poijes, Founder and Managing Director of CORE Concept Living, said that the COVID-19 pandemic has given rise to a new property market.
Those who want to live, work or invest in one of the largest tourism centre’s in Indonesia will choose the Island of the Gods as their destination.
"This is possible because when the pandemic hit, everyone could work from anywhere, and Bali became one of the main destinations for this new trend," Shanny Poijes said.
Victoria fernandez, Creative Director of CORE Concept Living explained, CORE Concept Living is not just about building a home, but about building a legacy where families thrive, friendships grow organically, and buildings have long-lasting value.
"Scandinavian precision meets Balinese soul, creating a home that redefines life on the Island of the Gods," she said.
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Shanny further said, he fell in love with Bali when he was stuck there for over five weeks when COVID-19 hit the world in 2020. “It never crossed our minds to move here. But that experience changed everything,” he admitted.
While Victoria stated, Bali is the perfect canvas for the world of architecture and residential development. “And we will be launching the first Scandinavian concept home in Bali in the next few months,” she added.
The Scandinavian style, known for its simplicity and minimalism, yet gives a luxurious impression. This is achieved through meticulous design, the use of high-quality materials, careful touches of detail, and a combination of neutral colours and good taste.
This style refers to a simple yet elegant design approach, with an emphasis on practicality and clean beauty. Characteristics of this style include the use of neutral colours such as cream and soft warm white, grey, and tan, and natural materials such as wood and stone.
Through CORE Concept Living, the developer focuses on creating high-quality villa investments that you can also call home. Through a different approach and the application of sustainability principles, it will add an extra layer of competence to every residential project produced.
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About CORE Concept Living
CORE Concept Living is a premium developer company that focuses on building residences that have striking architecture and are in harmony with local culture, which are not only beautiful, but also gracefully endure.
Founded by Shanny Poijes and Victoria Fernandez, a Swedish couple with two decades of experience across two continents, specializing in European real estate, interior design and boutique hospitality.
With over 20 years of experience in real estate development, property management and short- and long-term rental operations, Shanny has had the opportunity to be involved in several start-ups, all of which have grown into successful ventures. FFAB Fastighetsförädlarna AB in Sweden, founded City Apartments Stockholm AB and SEGAB Sofia.
Victoria, meanwhile, has over 18 years of experience in media production and communications for over 18 years. She has successfully managed production for brands and various industries such as Lenovo, Eurocard, Volvo, Unibail-Rodamco-Westfield and Bjorn Borg to name a few.
Read More: Townhouses Will Become A Trend in Residential Development in Bali
She has a deep understanding of the hospitality industry, having grown up in a family of restaurateurs for two generations.
His grandfather, Tore Wretman, was a pioneer and the most famous chef in the history of Swedish gastronomy and the founder of many restaurants in Stockholm.
The founders of CORE Concept Living are known as figures who always prioritize a sustainable lifestyle. All properties built will be equipped with solar panels, LED dimmers and passive design to reduce energy consumption, special water treatment and eco-waste management.
"This is something that comes naturally for Swedes, and we are proud to be able to contribute to the Bali property industry in a positive way," Shanny concluded.
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