Vesica Property Developments developments
Vesica Property Developments is a Bali-based real estate development company specialising in luxury villas, residential properties and investment-oriented real estate in Amed, East Bali. Established in 2023, the company focuses on identifying strategically located land and transforming it into high-quality properties designed to generate rental income and long-term capital appreciation. Operating as a privately held Indonesian company, Vesica Property Developments combines international business experience with local knowledge of Bali's emerging property market. The company is led by Operations Director Richard Stokoe, whose background includes corporate sales, marketing, finance and hospitality businesses, and Administration Director Daniel Hemingway, who has been involved in property investment and development since 2013, primarily in the London residential market.
The developer's flagship project is Vesica Villas Celuke, a boutique residential development in the hills above Amed, overlooking the Bali Sea. The project consists of nine luxury three-bedroom villas arranged across a landscaped hillside, each featuring two storeys, a private swimming pool and views of the surrounding valley. Construction began in 2023, and the property opened as Vesica Villas Resort in 2026. The development combines contemporary architectural lines with traditional Balinese materials, including teak, creating private residences that respond to the island's tropical landscape. Vesica Property Developments selected Amed for its natural surroundings, coastal attractions and emerging tourism infrastructure, positioning the project to appeal to both private villa owners and investors interested in the region's holiday rental market.
Vesica Property Developments follows an integrated business model combining land acquisition, residential development, construction coordination and property management. The company works with local landowners, architects, contractors and legal professionals to manage the practical requirements of building in Bali, including site conditions, engineering considerations and regulatory procedures. Through its property management division, Amed Villa Management, the company also supports villa owners with guest reservations, housekeeping, maintenance and day-to-day hospitality operations. Its development philosophy centres on carefully selected locations, construction quality, transparent client relationships and properties designed for sustainable rental operations. By concentrating its activities in Amed, Vesica Property Developments aims to combine specialised local expertise with international investment experience, creating distinctive residential properties that contribute to the area's growing tourism and real estate sector.
