Delivered · 2026Ran late · why

Magic Story

Bingin, Uluwatu · 7 units · sold out in 3 months · ran late, and we explain why

Sold outin 3 months · 7 units · handed over [date]

About

Seven villas a few steps from Bingin beach on the Bukit. Brick facades, double‑height glazing, terraces over the garden. Sold out in three months. The project ran late; the reasons, the decisions and what changed on La Casa Española II because of it are in Insights. Keys were handed to the first owner in August 2026, on video.

Steps to Bingin beach
Private pool
1–2 beds
Docs 11 of 11

What we promised, what we delivered

Delivered
Units
7 villas, 1–2 bedrooms
Sold out in
3 months
Handover promised
[date]
Handover actual
[date] · ran late
First keys
7 Aug 2026, on video
Named owners
3

Magic Story is the project we talk about most, because it is the one that did not go to plan. A contractor change and the movement of land prices in Bingin pushed handover past the promised date. Rather than wait for a journalist to find that out, the founder gave a public interview about it and we published the causes, the decisions and the changes carried into La Casa Española II: a named QC lead with a dated log, certified structural steel, and a payment schedule tied to build milestones instead of calendar dates. The first keys were handed over on 7 August 2026; the video is on the founder's Instagram.

Track record · 8 minWhat we learned when Magic Story ran lateThe delay, the decisions behind it, and what changed on La Casa Española II because of it. The story nobody else in this category publishes.

Owners, by name

with consent
demo photo
Sophie & Jack, Perth2026

“Three and a half hours from home. We fly up every school holidays.”

Location

Bingin, Uluwatu, a few steps from the beach path. The plot sits outside the coastal green belt where 48 structures were removed in July 2025; the classification with map and date is on the Documents tab.

Documents 11 of 11 publishedZoning, PBG, land lease, licence · every card opens the document
Open →

Actual, next to projected

Tropical Loft
0%6%12%
Unit 2
11.5% actual
Unit 3
11.4% actual
Unit 4
10.9% actual
Actual, 13–14 monthsForecast 10.3–11.65%

Source: third‑party payout report, 12 May 2026. Past performance is not indicative of future results. Before Australian tax; residents are taxed on worldwide income with a credit for Indonesian tax.

La Casa Española II

Projection published with assumptions and a downside case. No headline number until you've seen how it's built.

Other projects

All projects →
Book an inspection

Walk Magic Story with Fedor on your next Bali trip.

Then a call from Fedor within a day, in your time zone. No pressure, no drip you didn't ask for.

  • Full price list in A$, US$ and IDR
  • Document register, 11 items, dated
  • Payment schedule and reservation terms