Bali Luxury Villa Auction: Own a Piece of Paradise
Eco Luxury Villa is a beautifully designed villa that artfully blends tropical and semi-industrial styles. This stunning villa boasts six bedrooms, eight bathrooms, and breathtaking views of the jungle and rivers. With a land size of 1022.5 SQM, this villa combines open and closed spaces, high-end interiors, and natural beauty to create an atmosphere of sophistication and elegance.
The event is held by Concierge Auctions, the largest luxury real estate auction marketplace in the world with a 90%+ market share and a comprehensive database of high-net-worth property connoisseurs. Their award-winning team is recognized as a cutting-edge global force, and has garnered global recognition from: Who’s Who in Luxury Real Estate, USA Today, National Auctioneers Association, The Telly Awards, Inc. 5000, Inman News, Entrepreneur 360 List, the Financial Times, and more.
With their expertise, let’s embark your remarkable journey of owning a luxury villa in Bali, Eco Luxury Villa. Contact us if you need further assistance.
How to Participate
To register for this auction, you will need to complete the following five steps:
- Provide valid government ID
- Complete and sign the Universal Bidder Terms and Conditions form
- Complete and sign the Starting Bid and Agent Registration form as well as the Escrow Agreement. The Starting Bid incentive is equal to 6% of your starting bid. Bidders must register prior to auction start date in order to be eligible for Starting Bid Incentive.
- Provide a bank letter or bank statement as your Proof of Funds.
- Wire the $100,000 USD bidder deposit, which is held in a 3rd party escrow account. This bidder deposit is refunded within 2-3 business days if you’re not the winning bidder. Instructions for providing the bidder deposit are found on the second page of the Starting Bid and Agent Registration form.
Auction Details
- Auction will be live August 5PM EST 23rd – 29th. (5AM GMT 24th – 30th)
- Deadline to register is August 5PM EST 22nd (5AM GMT 23rd)
- Once you are fully registered, you will receive an email welcoming you to the auction from the client services team.
- You will be able to bid online via https://www.conciergeauctions.com/ or our mobile app.
- Throughout the auction period, you will be able to see the current high bid, the bidding increment, the current ask, and the history of bids on the property website. Please note that all bidders are anonymous.
- During the last 30 minutes of the auction, you will be invited to bid with a dedicated telephone bidding assistant. You will be invited to this call by email on the last day of the auction. Your dedicated bidding assistant will be on a closed telephone line with you and anyone you invite to the call.
- A 12% Buyer’s Premium is added to the final winning bid.
💡 If you are the high bidder, Concierge offers a Starting Bid Incentive, a credit to reduce the Buyer’s Premium by 50% related to the Starting Bid Amount, encouraging buyers to submit a starting bid prior to the start of the auction. All Starting Bids are binding and subject to being received by the deadline.
Post-Auction Process
- Once bidding closes, your telephone bidding assistant will inform you if you are the winning bidder. You will also be able to see this online.
- If you are not the winning bidder, your bidder deposit will be returned within 2-3 business days.
- If you are the winning bidder, you will be required to complete the following steps:
- Sign and return the agreement of purchase and sale within 1 business day.
- Provide a deposit equal to 12% of your final winning bid within 2 business days.
- Provide the remaining funds by the closing date as outlined in the agreement of
- purchase and sale. Please note that if you are receiving an opening bid incentive, this will be applied as a credit against the purchase price at closing.
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Jl. Subak Sari No.2c, Canggu – Brawa Kuta Utara, Kab. Badung, Bali 80361 – Indonesia |
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Opening hours: Monday – Friday (9:00- 17:00) Saturday (9:00- 13:00) |
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info@balitreasureproperties.com |
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service@balitreasureproperties.com |
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Office : +62 851 0015 2013 (9:00-17:00) |
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Mobile: +62 878 6050 0289 (9:00-17:00) |