Friday, December 16, 2005

Seraya Shores, Seraya Berat, East Bali

They bought the land for a ridiculously small amount (say three-quarters of one-tenth of what my small house cost) several years ago (whether Australian or American dollars, I no longer recall), and built 3 bungalows for the cost of a couple of decent bicycles. Since then other expatriates have moved in, turning the little strip into what Jamie calls "Hollywood Boulevard". Someone is trying to sell a bit of land a few blocks down the coast and smaller (from recollection) than Seraya Shores' for A$500,000, in the realm of ten times what Jamie and Amanda paid.


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