Written by Stanislav Sadovnikov, Founder, Magnum Estate ·
Published 13 January 2026

Magnum Estate at Forbes Congress 2024: the company participated in the debates at Forbes Congress 2024, one of the largest events on investment hosted by an international business publication.
Andres Senkovs, director of the international development department at Magnum Estate, answered the key question of the debates: “Is it more profitable to invest in real estate in Bali than in Moscow?”
He explained why Bali is becoming a new magnet for investment, surpassing even the Moscow market, how quickly a property can pay off, and shared macroeconomic indicators of Indonesia.
Related reading: see why investors weigh the island in our Bali property investment guide for investors and the Bali real estate market outlook for 2026. Explore current developments on the Magnum Estate projects page.
About the author
Stanislav Sadovnikov is the founder of Magnum Estate (PT Magnum Estate International), an award-winning full-cycle Bali real estate developer with 8 projects and 575 units since 2019 (Berawa, Sanur, Umalas, Sky Stars, Sky Royal). He writes about Bali pricing, yields, ownership rules and regulation for international buyers.




