The Widi Reserve, a collection of uninhabited coral atoll northeast of Bali, is just waiting for someone with a dream to build it into something more. The opportunity to develop this stunning collection of more than 100 islands is going on sale on December 8

The development rights for The Widi Reserve, an archipelago of more than 100 uninhabited tropical islands in eastern Indonesia, are set to be auctioned via Sotheby’s Concierge Auctions from December 8 to December 14.

While the law in Indonesia does not permit for the private ownership of islands, shares in a business can be sold, according to Sotheby’s—and that’s exactly what this “once-in-a-generation opportunity for billionaires” will offer. Buyers will bid for shares in Leadership Islands Indonesia (LII), a development firm that has licensed the rights to build a sustainable eco-resort and luxury residential properties on the islands.

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Spanning over 85,000 hectares, the coral atoll archipelago offers 150km of white sand beaches, rainforests, mangroves and lagoons. Rare animals, including blue whales and 600 other documented species, can be found on and around the islands, and across the archipelago, 10,000 hectares will be available for “potential eco-conscious and gentle build-outs”, Sotheby’s says.

LII is working with American landscape architect Bill Bensley—who also worked on Capella Ubud in Bali, the Four Seasons Tented Camp Golden Triangle in Chiang Rai and more—to create designs for the resort.

The Widi Reserve—which is accessible by private jet—takes two-and-a-half hours to travel to from Denpasar, Bali; three hours and 45 minutes from Singapore; and four-and-a-half hours from Hong Kong.

“Every billionaire can own a private island, but only one can own this exclusive opportunity spread across 100-plus islands,” says Charlie Smith, Sotheby’s Concierge Auctions’ executive vice president, EMEA, in a press statement. 

“We’re presenting a prime opportunity for any discerning buyer in the world to participate in the conservation and development of one of the most pristine areas on earth—all available for your bid price.”

Bidding opens at 4am (ET) on December 8. A US$100,000 bidder’s deposit is required.

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