NovAsia

CORE Concept Living in Bali: Developments and Buyer Considerations

CORE Concept Living is trying to keep villa development and day-to-day residential management under the same brand. Core Villas, its 17-home development at Seseh in Munggu, illustrates the model: buyers are offered individual pool villas, while the operator is preparing a managed community for residents staying a month or longer. The homes are being marketed as places to live, rather than accommodation built primarily around nightly guest turnover. The distinction worth making early is between developing a property, owning it and running it. CORE says it develops and operates Core Villas, yet its long-stay information specifies that tenants lease directly from the individual villa owner. CORE handles the relationship and property services. Anyone buying into the project should therefore establish the actual contracting entity and the scope of its obligations, rather than assuming a single brand is the legal counterparty for every part of the arrangement.

NameCORE Concept Living
BrandCORE Concept Living
Identity evidence
  • This profile is based on the listed public sources; the company’s role in a specific contract must be checked separately.

Who appears in the public record

CORE Concept Living is trying to keep villa development and day-to-day residential management under the same brand. Core Villas, its 17-home development at Seseh in Munggu, illustrates the model: buyers are offered individual pool villas, while the operator is preparing a managed community for residents staying a month or longer. The homes are being marketed as places to live, rather than accommodation built primarily around nightly guest turnover.

The distinction worth making early is between developing a property, owning it and running it. CORE says it develops and operates Core Villas, yet its long-stay information specifies that tenants lease directly from the individual villa owner. CORE handles the relationship and property services. Anyone buying into the project should therefore establish the actual contracting entity and the scope of its obligations, rather than assuming a single brand is the legal counterparty for every part of the arrangement.

What the sources support

There is clear public evidence that CORE Concept Living markets and identifies itself as the developer of Core Villas and LEViRO. The company names Shanny Poijes and Victoria Fernandez as its founders, and a 2025 ANTARA item together with a statement from project supplier Ahti Interiors link CORE to the public launch of LEViRO. What those sources do not establish is the registered seller for each villa, title to the relevant land, the permitting position or the resources available to fulfil a buyer contract.

The Indonesian contracting entity for a particular Core Villas sale could not be verified from the reviewed public pages. That calls for documentary clarification, not a speculative rating of the developer. One commercially meaningful statement does appear in CORE’s July 2026 article on construction compliance: it says instalments follow completed work and the last payment is conditional on delivery of the building fitness certificate and rectification of defects. Buyers should look for those exact protections in the executed documents; publishing the policy is not proof that it applies to every transaction.

Developer evidence

BrandCORE Concept Living
Identity evidence
  • Public materials and sources disclosed at the foot of this page.
Public record
  • CORE’s public portfolio should not be read as a list of completed developments. Villa Morada in Tumbak Bayuh is presented as a delivered six-bedroom private estate, with the company’s own feature about it dating to January 2024. That is a useful property to ask about or inspect, although a marketing page does not establish the handover record or building approvals. LEViRO has a public launch history rather than a documented completion history. Indonesian coverage introduced the Munggu project in 2025, and interiors supplier Ahti described attending its September launch. CORE’s more recent development listing still places LEViRO among future concepts. Those accounts can both be true: announcing a scheme and completing its homes are separate milestones. Core Villas is currently the clearest test of execution at scale. Its sales page shows a built reference villa, but the wider 17-villa scheme remains a development offering, with long-stay openings targeted for Q3 2027. CORE also advertises 20-plus years of property experience and 13 delivered projects. No independent project-by-project completion record was established for those aggregate claims in the sources reviewed.
Unknowns
  • The legal entity, contracting party, land interest and terms of a selected property must be checked from documents before payment.

What is known and what to verify

What is known

  • CORE Concept Living is trying to keep villa development and day-to-day residential management under the same brand. Core Villas, its 17-home development at Seseh in Munggu, illustrates the model: buyers are offered individual pool villas, while the operator is preparing a managed community for residents staying a month or longer. The homes are being marketed as places to live, rather than accommodation built primarily around nightly guest turnover. The distinction worth making early is between developing a property, owning it and running it. CORE says it develops and operates Core Villas, yet its long-stay information specifies that tenants lease directly from the individual villa owner. CORE handles the relationship and property services. Anyone buying into the project should therefore establish the actual contracting entity and the scope of its obligations, rather than assuming a single brand is the legal counterparty for every part of the arrangement.

What to verify for the address

  • The legal entity, contracting party, land interest and terms of a selected property must be checked from documents before payment.

FAQ

Does CORE own every home it manages at Core Villas?
Not according to the long-stay model described on its website. Residents will contract with the private owner of their villa, while CORE handles leasing and operations. That makes the owner agreement and the management agreement separate documents worth reading.
How far along is the 17-villa development?
CORE presents a built reference home, but the project as a whole is still being released and developed. Q3 2027 is its target for the first long-stay openings, not independent evidence that all 17 homes have been handed over.
Was LEViRO completed when it launched in 2025?
The 2025 coverage establishes a public introduction and supplier launch activity. CORE’s current portfolio still describes LEViRO as a future concept. Completion certificates and individual handovers have not been verified from those reports.
What should I make of the lease extension to 2084?
CORE describes a 25-year land lease and a pre-agreed extension to 2084. The wording is a useful starting point, not a substitute for a notarised agreement showing the extension mechanism, cost, grantor and underlying lease duration.
Is the quoted villa price the full cost of a furnished home?
Not necessarily. CORE lists a US$25,000 furniture and appliance package outside the base price. There may also be transaction expenses and ongoing service costs, which require a property-specific breakdown.
Does managed long-stay rental mean a guaranteed return?
No. The development promotes projected returns, but actual owner income depends on rental demand, operating charges, vacancy and the management agreement. An underwriting case should allow for those costs and should not treat a projection as a payment promise.
Public record
  • CORE’s public portfolio should not be read as a list of completed developments. Villa Morada in Tumbak Bayuh is presented as a delivered six-bedroom private estate, with the company’s own feature about it dating to January 2024. That is a useful property to ask about or inspect, although a marketing page does not establish the handover record or building approvals. LEViRO has a public launch history rather than a documented completion history. Indonesian coverage introduced the Munggu project in 2025, and interiors supplier Ahti described attending its September launch. CORE’s more recent development listing still places LEViRO among future concepts. Those accounts can both be true: announcing a scheme and completing its homes are separate milestones. Core Villas is currently the clearest test of execution at scale. Its sales page shows a built reference villa, but the wider 17-villa scheme remains a development offering, with long-stay openings targeted for Q3 2027. CORE also advertises 20-plus years of property experience and 13 delivered projects. No independent project-by-project completion record was established for those aggregate claims in the sources reviewed.
Unknowns
  • The legal entity, contracting party, land interest and terms of a selected property must be checked from documents before payment.

Projects and buyer context

The Core Villas offering consists of privately plotted pool homes with two-, three- and four-bedroom layouts, released in phases. A public masterplan gives a useful sense of the product, but it does not lock in the inventory or the dimensions of a finished villa. Full live pricing and projected net-return figures are made available through the developer’s enquiry process rather than as a universally fixed price list.

Transactions are quoted in Indonesian rupiah, with foreign-currency amounts presented as indicative conversions. Buyers should also distinguish the building price from a furnished, rental-ready specification: CORE lists a separate US$25,000 furniture and appliance package. Any ownership model that assumes immediate managed letting needs to account for the actual furnishing and operating costs, not just the headline villa price.

CORE’s 2026 buyer guide describes a 25-year contractual land lease with a pre-agreed extension running to 2084. That may be commercially important, but the enforceability, price and mechanics of an extension can only be assessed against the signed agreement and the underlying land rights.

CORE’s developments occupy different parts of the greater Canggu area. Core Villas is positioned around Seseh and Munggu on the west-coast side of Pererenan; LEViRO is also identified with Munggu, while Villa Morada is in Tumbak Bayuh. For an owner considering the Core Villas rental programme, the location thesis is specifically about longer-term residents, for whom schools, daily errands and access routes matter alongside the beach. The exact plot, access and surrounding land use still need checking at property level.

Delivery history
  • CORE’s public portfolio should not be read as a list of completed developments. Villa Morada in Tumbak Bayuh is presented as a delivered six-bedroom private estate, with the company’s own feature about it dating to January 2024. That is a useful property to ask about or inspect, although a marketing page does not establish the handover record or building approvals. LEViRO has a public launch history rather than a documented completion history. Indonesian coverage introduced the Munggu project in 2025, and interiors supplier Ahti described attending its September launch. CORE’s more recent development listing still places LEViRO among future concepts. Those accounts can both be true: announcing a scheme and completing its homes are separate milestones. Core Villas is currently the clearest test of execution at scale. Its sales page shows a built reference villa, but the wider 17-villa scheme remains a development offering, with long-stay openings targeted for Q3 2027. CORE also advertises 20-plus years of property experience and 13 delivered projects. No independent project-by-project completion record was established for those aggregate claims in the sources reviewed.

Observable track record

CORE’s public portfolio should not be read as a list of completed developments. Villa Morada in Tumbak Bayuh is presented as a delivered six-bedroom private estate, with the company’s own feature about it dating to January 2024. That is a useful property to ask about or inspect, although a marketing page does not establish the handover record or building approvals.

LEViRO has a public launch history rather than a documented completion history. Indonesian coverage introduced the Munggu project in 2025, and interiors supplier Ahti described attending its September launch. CORE’s more recent development listing still places LEViRO among future concepts. Those accounts can both be true: announcing a scheme and completing its homes are separate milestones.

Core Villas is currently the clearest test of execution at scale. Its sales page shows a built reference villa, but the wider 17-villa scheme remains a development offering, with long-stay openings targeted for Q3 2027. CORE also advertises 20-plus years of property experience and 13 delivered projects. No independent project-by-project completion record was established for those aggregate claims in the sources reviewed.

What to check

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What to checkChecklist0 of 4

Sources

Show sources · 12
  • Development — project portfolio and stated track record
  • Core Villas — Ownership
  • Core Villas — Long-stay residences
  • Can foreigners buy a villa in Bali? (2026)
  • Compliance is a feature
  • Villa Morada: A new standard of living in Bali
  • About
  • LEViRO Residences
  • Core Concept Living perkenalkan hunian bergaya Skandinavia pertama di Bali
  • Leviro Launches in Bali: Ahti Interiors as Bathroom Partner
  • Law No. 5 of 1960, Article 21
  • Konsultasi UU Bangunan Gedung dan SIMBG