Property Description

Apartments in BangTao
Asking Price: 4,590,000 Baht

Price/square metre


Listing Id #244

Listed by: Victor Ewald

Property Description: The development is a luxury condominium development located in Phuket. The project consists of 66 condominium apartments that will be operated as a resort style serviced apartment building on completion.

This development is first and foremost an excellent property investment. Located in the prime residential area in Phuket and situated between multitudes of 5 Star hotels, this property has been designed to maximize both capital appreciation and lettings income. Being only 500 meters from the beach this property will be perfect for personal usage and lettings.

The development has been thoughtfully designed to bring beach side living into your home. Whether you’re here for a weekend, a week or months, from the moment you arrive you will know you’re living in a tropical island paradise. The development has a courtesy “beach-bus” that will take you and your families to the stunning Bang Tao beach that is only 2 minutes away and there you can relax, swim, sunbathe and enjoy the gourmet cuisine of our very own beach restaurant, the relaxing Babylon Beach Club.
On completion the property will be operated as a “serviced apartment resort” so for those purchasers looking for a yield on their investment, these apartments should deliver up to 14% on most units within 5 years and with the Phuket property market set to see sustained capital appreciation, this makes this development the ideal property investment.

The development will have a “flexible rental program” which means that owners can use their property as much as they like at any time. When the owner are not staying in their property, it will be put into a rental pool, which means that even if your property isn’t rented, you will still receive an income if other properties have been rented out within your rental pool.

Services:
• Daily Maid Service
• Lobby Reception
• Cable TV
• Concierge Service
• Laundry Service
• In-room Internet Service
• Courtesy Beach Bus
• Airport Pickup

Facilities:
• Freeform Swimming Pool
• 25m Lap Pool
• Fitness Centre
• Yoga & Spa Pavilion
• Pool Bar
• Deli/Coffee Shop
• Business Centre
• Car Parking
• Owners Storage Centre

Beach Club:
Situated just 10 meters from the lapping waters on Bang Tao beach and only 2 minutes from Ocean Palms, the beach club offers excellent Thai and Western cuisine with fresh daily seafood specials. Facing west, it also boasts perfect sunsets for those evening cocktails. Facilities on the drawing board include a Kids Club, water-sports, and themed evening entertainment. The restaurant will deliver food to Ocean Palms owners and guests at their apartments. Owners will also receive special privileges including priority table reservations and discounts on themed evenings.
Neighborhood Facts: While maintaining a tropical and rustic feel on the Island, the residential market has been steadily growing over the last 5 years. The main purchasers have been expatriates in Asia seeking a weekend getaway property that generates income, investors looking to capitalize on Phuket’s rising property prices and Europeans choosing Phuket as their winter haven.

Phuket has benefited enormously from sustained investment into its infrastructure. It has a full international airport, an excellent road system, 2 Marinas, 6 golf courses, a host of luxury hotels and a full range of international shops.

The development is situated just 500m from the stunning Bang Tao Beach, which is undoubtedly Phuket’s fasted growing residential area. On the door-step of the 5-Star Laguna Complex and surrounded by high end residential villas, this area has already seen some of the highest property growth rates on the island.

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Apartments in BangTao

Apartments in BangTao

Listing ID:244

Asking Price 4,590,000 Baht


Listing Agent's Contacts

Listed by: Victor Ewald

Property Details

Asking Price: 4,590,000 Baht
Status: For Sale
Bedrooms: 1
Property Location: Phuket / Bang Tao
District / State: Phuket
Country: Thailand
Ownership Type: Freehold

Feature Summary

Resort Facilities
  • Childrens Pool
  • Clubhouse
  • Fitness Centre
  • Pool
  • Rental Program