Uluwatu – Situated on the south west coast of Bali, perched on the famous limestone cliffs of the Bukit Peninsula, is “Billionaires Row” which boasts some of Asia’s most luxurious and expensive villas.
Built on majestic 50 meter high cliffs, these Ultra-Luxurious properties enjoy views of Bali’s best surf and sunsets, which have made Bali famous the world over.
The latest addition to this posh neighborhood is Ulu Cliff House a beach club and destination restaurant, which exemplifies the type the multi-million dollar ” Uber Elite” projects being developed in the area.
“Billionaires Row” attracts celebrities and wealthy visitors from around the world.
Owning a property on Bali’s “Billionaires row” is considered Indonesia’s ultimate status symbol. However, according to Bali real estate specialists Mike Blum of Dream Properties Asia – unless you purchased one these properties 20 years ago, or you have a hefty bank account to build a dream home here, “Billionaires Row” is probably out most peoples reach.
Blum says, to give an indication of land prices in the area, his company recently signed a listing to a piece of land adjacent to the Ulu cliff house, selling for a cool USD $15,000,000.- (IDR 230,000,000,000). That’s without the any house on the land. “A purchaser would need to develop their own dream Villa or Villa Hotel” says Blum.
With various hotels and villas available for rent on “Billionaires Row” and numerous restaurants in the area, visitors can feel what it is like to live like a Billionaire, albit for a short while.