Tuesday, 02 January 2024 12:17 GMT

Oceaniq Forges Ahead With Its Bali Portfolio


(MENAFN- GlobeNewsWire - Nasdaq) Nusa Dua, Indonesia, Aug. 28, 2026 (GLOBE NEWSWIRE) --




The OceaniQ Nusa Dua I project nears completion, and construction of Nusa Dua II will be finished next year. OceaniQ is also moving forward with its enclave on Nusa Penida, epitomizing its growing Bali portfolio.

OceaniQ, the high-end resort property development brand, is approaching the handover stage with the first of two villa and apartment complexes in Nusa Dua. It has designed its Nusa Dua projects on Bali's Bukit Peninsula as fully livable resorts for private ownership and rental, combining turnkey management with a level of private infrastructure and service more commonly associated with high-end hotels. This combination sets a new benchmark for hospitality-led residential developments in Bali.

Eighty meters from the waves washing ashore near Geger Beach, OceaniQ villas offer a coastal setting designed for optimal living. This concept has attracted buyers such as Oskar Hartmann, founder and president of AKTIVO, who purchased a Nusa Dua I villa for personal use. As Andrey Khazov, founder and CEO of OceaniQ, puts it:“I would not build a project that I would not feel comfortable living in myself. We focus on the end buyer rather than following short-term market movements. In the long run, everyone benefits from that.”

OceaniQ's expansion is underpinned by Indonesia's broader economic trajectory. The country has recently recorded annual GDP growth of more than 5%. Looking further ahead, PwC's The World in 2050 projects that Indonesia will rise from eighth place to become the world's fourth-largest economy by 2050, based on GDP at purchasing power parity. This growth is mirrored in Bali's tourism sector. The island welcomed 6.95 million international visitors in 2025, and property values have continued to rise steadily alongside it. For planning purposes, OceaniQ assumes capital appreciation of around 40% over the construction cycle. Price growth in the first phase has already exceeded this benchmark as the development approaches handover, although past performance does not guarantee future results. Named Best Development Project in Southeast Asia at the 2024–2025 Asia Pacific Property Awards, OceaniQ Villas Nusa Dua is a testament to the brand's high standards in construction and architectural innovation. Built with long-term durability in mind, each project is also designed to integrate with its natural surroundings. Many trees have been preserved through relocation rather than being cut down, allowing the developments to be integrated into the landscape while minimizing disruption to the surrounding ecosystem.

What's more, increased international tourism has supported demand for premium real estate, particularly in sought-after coastal locations such as Nusa Dua. Meanwhile, legally developable coastal land has become increasingly scarce. This is where OceaniQ's flagship developments stand out. Appropriate zoning, comprehensive legal due diligence, durable construction designed to reduce long-term maintenance costs, high-quality finishing and post-handover service all form part of the model.

Andrey Khazov notes:“We invest in long-term relationships with our clients. It's harder in the short term, but far more effective over time. More than half of our customers are repeat clients or referrals.”



Nusa Dua II is a natural extension of Nusa Dua I, expanding OceaniQ's presence in one of Bali's most established resort districts. As Nusa Dua I approaches the handover stage, construction at Nusa Dua II continues to advance. Earthworks for several villas have been completed, while foundation and retaining-wall works are underway and development of on-site infrastructure is in full swing. The construction program includes independent technical supervision, multi-stage waterproofing, and materials selected for Bali's tropical climate.

OceaniQ's growth continues on Nusa Penida, the largest of the Nusa Islands, located southeast of mainland Bali. The premium complex of villas and apartments spans 10,000 m2 of private infrastructure and illustrates the broader Bali development strategy. Peeping down a cliff just 100 meters from a beach suitable for swimming, each villa looks out over the ocean and Mount Agung.

The project's sleek architecture, designed by international architecture studio SL Architects, is already taking shape. The interiors combine smart-home systems with a contemporary design language defined by clean lines and smooth surfaces. Surrounded by lush gardens, the planned amenities include a restaurant, spa, fitness and sports areas, an infinity pool, secure parking and an open-air cinema. The Nusa Penida project was named a winner in the Best Residential Development 20+ Units, Indonesia category at the 2025–2026 Asia Pacific Property Awards.

OceaniQ's projects have earned the trust of international investors from the US, Canada and Europe, drawn to the brand's premium real estate offering. This trajectory traces back to the company's founding, when Andrey Khazov set out to answer a single question: which market was experiencing structural growth, was still at an early enough stage for institutional-quality development to take hold, and remained undersupplied at the premium end? The answer was Bali.

About OceaniQ

OceaniQ is a high-end resort property development brand founded by Andrey Khazov, with a portfolio of villa and apartment complexes in Nusa Dua and Nusa Penida, Bali. Designed for private ownership and rental, its projects combine residential privacy with hotel-level infrastructure, turnkey management and post-handover service. The brand focuses on premium coastal locations, durable construction, legal transparency, and long-term value for owners and investors.

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