Black volcanic-sand beach in Karangasem at dawn, Mount Agung beyond

A new beginning

Roya Desa

A village by the sea, reborn from what was once Ocean City. Honest land, honest light.

Karangasem · East Bali

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The story so far

An honest start.

We are not pretending nothing happened. And we are not afraid to say what comes next.

In 2022 the German developer Andre Frey brought a project to market under the brand Ocean City by PARQ. More than one hundred and forty investors put money into it. Two hundred and fifty villas, beachfront, an infinity pool, private stables, a kids’ camp, restaurants, an eco-farm. Around forty million dollars was collected in contracts.

What investors were not told: the land was classified as protected agricultural land (LP2B), the HGB title certificates had never been transferred to the operating company, and the offshore corporate-control structure was built so that, effectively, no one governed it.

In late 2024 Andre Frey was arrested. Fifty-five days later he was released and left Indonesia. The project froze. The team scattered. The contracts were left with a legal entity that held not a single asset on its balance sheet.

2022 — 2024

Ocean City is sold under Andre Frey.143 investor contracts. Prices from $150,000 to $1.9M. Total contract book ~$40M. Construction never meaningfully began.

Late 2024

Frey arrested. The project freezes.Nikolay Astashkin is in Argentina at the time — the birth of his son. He returns to Bali in April 2025 to find the project deserted.

2025

The rescue begins.Nikolay, together with Vladimir Kapustin and a financial investor (Everville Estate), runs a parallel recovery of the Wave Residence project (formerly Klapa Resort). Ocean City investors ask whether their project can be revived the same way.

January — March 2026

A restructuring plan is prepared. The buyout of Frey’s rights is agreed.Nikolay addresses investors across a series of open meetings. Frey first demands $3M, then $2M up front. The final structure: a 5% royalty on project sales, capped at $2M total. Term Sheet OCEAN2 is signed by all four parties on 4 March 2026.

April — May 2026

Transfer of corporate rights in progress.Nikolay and Vladimir in Jakarta. Bahti (BBB, the contractor) agreed to exit the structure after a one-on-one meeting. Documents are with the notary. The demand to sign in Singapore was dropped — signing goes online.

Today

Land remediation. Rebrand: Ocean City → Roya Desa.A new Indonesian PT is being formed. A KSO (joint operation) agreement is in drafting. A track to convert the land from LP2B to development zoning is open with the Karangasem regency. Migration of investor contracts is being prepared. Weekly Zoom updates continue.

Untouched coastal land in Karangasem at golden hour — The land as we inherited it

What changes

A different way forward.

Three commitments. Not slogans — operating principles we already live by.

No more money asked of existing investors.

The 143 contracts will be re-papered into the new structure on their original economic terms. Where it is fair to compensate for lost time, that may take the form of a larger plot or an extended term — but the price does not rise. The rescue is funded through Everville Estate, the sale of the remaining villas, and banking instruments — not through another call on the people who have already paid.

ii.

Total transparency. In writing and on the record.

Every weekly investor meeting is recorded and transcribed. Every contract, term sheet and notarized act is published to a private investor portal at portal.everville.estate. Construction spend is reported by invoice. A supervisory board of investor representatives sits over the finances. No unstamped PDFs in a dark corner.

iii.

Respect for the land, the culture, the community.

“Desa” is the Indonesian word for a traditional village. Roya Desa is conceived not as a city imposed on Bali, but as a village that belongs to it. The architecture obeys Balinese building rules, not the Miami style. The banjar (the local community), the village priest, the neighbouring farmers — these are the first people we consult on every decision, not the last.

Paras stone, teak, alang-alang and rattan on black sand — Paras stone · teak · alang-alang · rattan

The land

Karangasem.

East Bali. Quiet, dramatic, agricultural. The Bali that has not been paved over.

Roya Desa sits in the Candidasa area of the Karangasem regency, on the east coast of Bali. The land slopes gently from a small river down to a beach of black volcanic sand. Two volcanoes are visible from the site — Mount Agung to the north-west and Nusa Penida across the strait to the south. The neighbouring villages have kept their religious calendar, their architecture and their relationship with the sea.

Below is the honest data on what we actually hold. The second column notes what the previous developer claimed.

Land area: 18 hectares~~25 hectares~~ claimed by the previous developer. Actually purchased and held: 18 ha freehold + the access road.
Legal status: Freehold (Hak Milik)Today held by Indonesian nominees; to be re-papered into the new PT + KSO structure. Not leasehold.
Frontage: Direct sea frontageA river enters the sea at the southern edge of the site. Black sand. Reef suitable for snorkelling.
Topography: Gentle slopeFalling toward the sea, to the south. Natural drainage. No flood in local memory.
Sacred views: Mount Agung & Nusa PenidaAll site planning preserves the kaja (mountainward) and kelod (seaward) axis, as Balinese custom and law require.
Land status today: LP2B — under conversionLahan Pertanian Pangan Berkelanjutan — protected agricultural land. A track to convert it to development zoning is open with the regency, once the corporate restructuring completes.
Location: Candidasa, Karangasem~2.5 hours from Ngurah Rai airport. Neighbours — Amankila, Alila Manggis, Tirta Gangga. The cultural east, not the commercial south.

Aerial of the site: shoreline, river mouth, slope, Nusa Penida — 18 hectares · river · slope · sea · Agung

The vision

What we are building — and what was promised.

The original Ocean City promised twelve thousand square metres of amenities. We are not cancelling that promise — we are rethinking its substance to suit this land.

Candidasa is not Canggu or the Bukit. There is no nightlife here, and no crowds. So from a large menu of options we take only what suits a calm coastal village at the foot of Agung — and deliberately decline the rest. The tag “Promised” marks what was already in the previous developer’s pitch. The tag “New” marks what we are adding.

Sea & water

Air & access

Land & regeneration

Family & children

Health & safety

Culture & gastronomy

What you will not find here

No nightclubs and no big DJ stages. No motocross, no shooting range. That is the language of Canggu and the Bukit, not Candidasa. Roya Desa is calm. Energy and high-intensity sport belong to other Everville projects — Roya Dreamland in Pecatu. Here: quiet, the sea, the mountain, and respect for the village.

Concept of a Balinese compound: low pavilions around a courtyard — The compound character concept

How we build

Balinese in form. Modern in comfort. Neither one without the other.

The Miami-coast vocabulary the previous developer drew was categorically rejected by the Bali authorities and the local community. This land asks for a different language.

Balinese law and Balinese custom are not obstacles to be worked around. They are the brief. Every home at Roya Desa is designed to the principles below, together with Indonesian architects, the banjar, and a pemangku (priest) who verifies the orientation.

No building taller than a palm.

The Karangasem rule — nothing above fifteen metres, in practice nothing above a coconut palm — is treated not as a constraint but as a discipline. Roya Desa is horizontal, layered, low.

ii.

Kaja and kelod — on every plot.

Every villa is oriented along the sacred mountain–sea axis. Family shrines (sanggah) face Agung. Service areas face the sea. No floor plan runs against the direction in which the island prays.

iii.

Materials from the island.

Paras stone from Karangasem. Teak and merbau from certified Indonesian forests. Alang-alang thatch where it belongs. Lime plaster instead of paint. Concrete used honestly, not disguised as something else. No drywall.

iv.

Air first, then air-conditioning.

Cross-ventilation, deep roof overhangs, shaded courtyards, ceiling fans. Air-conditioning is placed where a guest truly needs it (bedrooms) — not by default. First the villa is reconciled with the climate — and only then sealed where required.

A compound, not a cottage.

The Balinese family compound — several pavilions around a courtyard, a garden between them — is the design grammar. Not an American detached house dropped on a beach.

vi.

The banjar before the brochure.

No design is published and no stone is laid until the village council has been briefed, the priest has blessed the orientation, and the neighbouring farmers understand what is being built beside them. This is both the law and basic decency.

Concept of a beachfront villa — Beachfront villa concept

Concept of a villa interior — Interior · teak and paras concept

The seven villa formats from the original plan (40 to 213 sq m) are being rethought to this doctrine. These are concept visualizations of the direction; final designs will follow once the architects are appointed. We do not pass concept off as built.

The team

The people behind Roya Desa.

Not one man, as before. A real company — lawyers, architects, builders, operators, Indonesian and international. Every one named.

Leadership

Nikolay Astashkin

Founder

Ten years in Indonesia. Founder of Balicopter — helicopter infrastructure on Bali (four aircraft, three heliports). Bauman Moscow State Technical University; previously the construction-projects department at VTB. Leads the project recovery, the negotiations, and direct communication with investors.

Andrey Astashkin

Chief Executive · CEO

CEO of Everville Estate. Operational leadership of the company and its project portfolio — turning the partners’ decisions into the team’s daily work.

Vladimir Kapustin

Co-founder · Legal partner

Architect of the Everville Estate corporate structure and of the PT + KSO scheme for Roya Desa. Lead negotiator on the buyout of Frey’s rights. Responsible for migrating investor contracts and settling legal claims. Lives on Bali.

Profiled HNW investor

Investor partner

A financial investor in the project on the Everville Estate side, under Term Sheet OCEAN2 of 4 March 2026.

On the ground · Bali

Gede Arimbawa

Director · operating company

An Indonesian entrepreneur from Buleleng. Director of the operating company PT Ocean City Residence. In the restored structure he holds the ~50% Indonesian stake required for freehold and operating licences.

I Made Budi Santosa

Construction Director

Indonesian, 20+ years in Balinese hospitality construction. Construction Director at Everville Estate. Leads liaison with the Karangasem regency, the banjar and local authorities — including the LP2B land-conversion track.

Aris

Site Project Manager

Site Project Manager. Day-to-day control of the works on site in Karangasem.

Architecture & design

Anna Lutaeva

Chief Architect

Chief Architect of Everville Estate. Responsible for the Roya Desa architectural doctrine — Balinese in form, modern in comfort.

Nika Orekhova

Architect

Architect. Designing villas and infrastructure to Balinese codes and the site’s terrain.

Julia Ziborova

Designer

Designer. The visual language of the project and its materials.

Svetlana Stadnik

Brand Director

Brand Director of Everville Estate. The Roya Desa brand, the tone of communication, one language across all materials.

Operations, investors, technology

Aleksei Kliui

Commercial Director

Commercial Director of Everville Estate. Responsible for the sale of the remaining villas, broker relations and the new-buyer pipeline for Roya Desa. On Bali.

Pavel Pozhidaev

Investor Relations Manager

Investor Relations. Direct support for existing investors — contract status, answers, the portal.

Anna Gureva

Project Owner · Stables

Thirteen years with horses — five in China, four on Bali. Founder of Pacha Alpaca. She will found and run the stables — the very promise from the original pitch, delivered to an international standard.

Grigorii Lisovskii

IT Director

IT Director of Everville Estate. Architect of the investor portal at portal.everville.estate and of the transparency dashboard.

Legal

Yunita Baransano

Chief Legal

Chief Legal. Indonesian corporate and land law, oversight of permitting.

Yudhi

Legal

Eko Yudhi Ariyanto. Support on transactions, notarial acts and permitting.

Company · shared functions

Aleksandra Lytvinchova

Chief of Staff

Chief of staff and dispatcher. Coordinating the team, the processes and communications across projects.

Sura Rizaeva

Head of People

Team and hiring at Everville Estate.

William Saputra

Managing Partner · business development

Indonesian relationships and partnerships, access to local stakeholders and authorities.

Yustine Dewi

Managing Partner · business development

Business development and partnerships in Indonesia.

The wider Everville ecosystem

Ivan Fominykh

Project Owner · roya.surf

Leads the roya.surf surf venture within the Everville Estate ecosystem.

Tereze Strautmane

Project Owner · kaza.gallery

Leads the kaza.gallery art venture — the art strand tied to the Roya Desa art programme and biennale.

Julia Asta

Project Manager · wellness

The wellness strand of Everville Estate.

Alvina Salim

UX/UI · fintech solutions

Fintech and digital products at Everville Estate.

Erick Hardi

Manager

Operational management at Everville Estate.

Hana Qaiyah

Project Assistant

Project support and coordination.

External advisors · to be appointed

Pemangku

Priest · site orientation

The village priest who verifies the kaja–kelod orientation and blesses construction. Appointed together with the banjar.

Surveyors & geodesists

To be appointed

Topographic survey, soil and water testing, land demarcation. To be named once appointed.

Investor representatives

Supervisory board

Elected representatives of the investor community on the supervisory board over the project finances. To be named once formalized.

Stone path to the black-sand beach at sunset — To the sea, at sunset

What’s next

Two doors.

If you already hold a contract from the previous developer — one door. If you have come here for the first time — the other.

For existing investors

Your contract. Your portal.

If you are one of the original Ocean City investors, your personal investor portal is at portal.everville.estate. There you will find the status of your contract, the migration schedule into the new structure, the supervisory board’s reports and recordings of every weekly meeting. Access is by personal invitation.

portal.everville.estate →

For new buyers

In time. Not yet.

Roya Desa is not selling new villas right now. Sales will open only after the corporate restructuring completes, the land is converted from LP2B and the existing investor contracts have migrated. We do not sell a villa we cannot reliably deliver. Leave your details and we will write when that day comes.

hello@everville.estate →