Pererenan Real Estate: A Rare Investment Opportunity on Asia’s Coolest Street

Explore Pererenan, the serene village crowned Asia’s coolest street. Learn about its unique charm, limited real estate opportunities, and why this hidden corner of Bali is attracting investors and travelers alike.
21 Jan
2025
7 min read
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Pererenan isn’t just a street; it’s where Bali’s charm gets real. Time Out just crowned it the coolest street in Asia and third in the world—pretty big deal, right? Picture beaches that still feel untouched, cafés with soul, and a vibe that makes you forget time exists. The real estate here? Scarce and in demand, which says a lot about how special this place is. If you’ve ever thought about investing in a spot with this much character, Pererenan might just be calling your name.

Where Is Pererenan?

Pererenan is a small village just north of Canggu, connected yet calmer. It’s a short drive from Batu Bolong’s cafes and restaurants but feels a world away from the busier parts of Bali. The area stretches from green rice fields to black sand beaches, with the Indian Ocean framing its coastline. Unlike Seminyak or Kuta, Pererenan keeps things simple—fewer crowds, more space. Its location strikes a balance: close enough for convenience, far enough for peace.

Why Pererenan Is the Coolest Asia’s Street?

What makes a place truly “cool” in 2024? It’s not just about trendy craft breweries or street art. The best neighborhoods have something deeper—an organic blend of nature, culture, and a welcoming community vibe. Pererenan captures all of this. Its peaceful beaches, cozy cafés, and unhurried pace make it a place where authenticity thrives.

Neighboring the ever-popular Canggu, Pererenan keeps the charm that Bali was once famous for. No traffic jams, no tourist-packed streets—just local warungs, quiet corners, and a rhythm of life that feels balanced. As Time Out editor Cheryl Sekkappan puts it, “Pererenan reminds us what made Canggu special in the first place: pristine beaches, eclectic shops, and a relaxed atmosphere.” That’s why it’s not just Asia’s coolest street—it’s a piece of Bali’s soul.

Pererenan beach

The Cultural Legacy of Pererenan

Pererenan’s tranquil vibe isn’t just a product of its beaches or cafés; it’s the result of centuries of tradition and culture. Long before it became a sought-after spot for visitors, this village thrived as a fishing community, where daily life revolved around the rhythm of the tides. Later, its fertile lands turned it into a hub for rice farming, with the iconic green terraces still shaping the landscape today.

Spirituality runs deep in Pererenan. Temples like Pura Petitenget and the famous Tanah Lot nearby have been central to the community for generations, hosting ceremonies that bring villagers together in devotion and celebration. Festivals like Galungan and Kuningan transform the streets with vibrant processions, intricate offerings, and traditional dances, showcasing the island’s enduring cultural heartbeat.

Even as sustainable tourism and eco-conscious practices weave their way into Pererenan’s present, the village stays true to its roots. Locals continue to honor age-old rituals like Melasti, a purification ceremony on the beach, blending the spiritual and the natural. This history of balance—between land and sea, tradition and progress—creates a vibe in Pererenan that feels both timeless and alive.

What to Do in Pererenan?

Pererenan blends relaxation and adventure effortlessly. Its black sand beach is a quiet spot for sunbathing, leisurely strolls, or catching waves. Surf schools cater to all levels, while the scenic coastline offers space to unwind, away from the crowds.

Culture runs deep here. Visit Pura Petitenget or Tanah Lot Temple to experience Balinese spirituality, especially during festivals like Galungan and Kuningan. For nature lovers, the lush rice fields and nearby waterfalls like Tegenungan make for peaceful escapes.

When it’s time to recharge, yoga studios and wellness centers in Pererenan offer serene settings and traditional Balinese treatments. Whether you’re surfing, exploring, or relaxing, the village has just enough to keep things interesting.

What to Eat in Pererenan?

Time Out experts have mapped out the perfect foodie day in Pererenan:

Start your day with a hearty breakfast at Brunch Club Pererenan, where you’ll find everything from smoothie bowls to pancakes worth lingering over. For lunch, try authentic Balinese dishes at Home, a local favorite led by chef Wayan, where flavors stay true to tradition.

In the evening, Woods is the go-to spot for a cozy dinner. Its menu, paired with live music, creates a relaxed yet memorable dining experience. If you’re looking for a casual drink, stop by Hippie Fish, a beach bar perfect for cocktails after a day at the beach

Real Estate in Pererenan

Real estate in Pererenan is a rare find—literally. While Canggu has around 30 apartment complexes, Pererenan only has seven, with just three currently up for sale. That’s it. This isn’t the place for sprawling developments; it’s a village that values space and calm, and the limited supply reflects that.

What’s available here often feels handpicked—boutique apartments or villas designed to fit the natural surroundings. This exclusivity has investors paying attention. Pererenan’s vibe attracts long-term expats and travelers who want more than just a rental; they want a lifestyle. And with such limited options, properties don’t stay on the market for long. Owning in Pererenan means holding onto something truly rare in Bali—a spot where the charm hasn’t been overtaken by crowds.

Nexa Sky Garden as the Best Investments in Pererenan

If you’re thinking about investing in Pererenan real estate, Nexa Sky Garden stands out as the clear choice. This boutique apartment complex, just 1 km from the ocean, is currently under construction and set to be completed by Q4 2025. It’s not only one of the few properties available in this highly exclusive area, but it’s also the only one offering a $50 entry point. With potential returns of up to 20% APR during construction and 15% rental APR once completed, it’s no surprise the first two units hit their funding goals within minutes of launching.

Nexa Sky Garden

Thanks to Binaryx, two apartments in Nexa Sky Garden have been tokenized, making it incredibly simple to invest. Here’s how it works: Binaryx establishes a Wyoming LLC for each property. Under U.S. law, this LLC issues blockchain tokens that represent fractional ownership of the property. By purchasing these tokens, you become a co-owner and even have a say in managing the property through a decentralized autonomous organization (DAO). It’s not just an investment; it’s a secure and transparent way to own a piece of Pererenan real estate.

With Nexa Sky Garden, you can buy tokens during the construction phase at an accessible price point. Early investors benefit from lower token prices and the opportunity for higher returns. Once construction wraps up, you can either sell your tokens for a profit or hold onto them to earn passive income, distributed automatically through Binaryx’s platform. Whether you’re a seasoned investor or just starting, Nexa Sky Garden offers a rare opportunity to own a share of Bali’s most exclusive area.

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