Luxury Real Estate Blog and News
Luxury resort Royal Phuket Yacht Club has been put up for sale for THB1.3 billion (US$41.8 million), Bill Barnett reported on his blog thephuketinsider.com.
Phuket’s residential property market has shown signs of improvement in line with the global economic recovery.
Holiday home buyers of resort condominiums on the Thai island of Phuket have adopted a more cautious approach, concentrating on completed and well-managed properties. According to professional services firm Jones Lang LaSalle, the Phuket holiday home market has seen a slowdown in sales since the global financial crisis escalated in the final quarter of 2008. It was not until the final quarter of 2009 when the market sentiment started picking up as economies in most parts of the world showed signs of recovery. However, the recent political unrest in Thailand have softened buyer confidence, resulting in a slower recovery process in the Phuket market.
Villa Chan Grajang, a stunning one-acre sea view estate located in Phuket’s most sought-after Surin Beach neighborhood, went on sale this week for $US 8 Million (EUR 6.5 Million). The luxury villa is a turn-key lifestyle investment property that is impeccably maintained, staffed and operated. The villa is already Phuket’s most successful luxury vacation rental unit with a staggering 95% occupancy rate.
Located near the clear warm waters of the Andaman Sea and the 8-kilometre stretch of white sand that defines Bang Tao Beach, Laguna Village is a gorgeous community of luxury homes surrounded by tropical lagoons with lush landscaping, set within Laguna Phuket, Asia’s finest destination resort. Integrated with seven luxurious resorts, Laguna Village residents have access to Laguna Phuket’s abundant facilities; beautiful beaches, over 30 restaurants and bars, five world-class spas, an 18-hole Golf Course and much more! Designed to accommodate an active lifestyle, the Lofts at Laguna Village are modern, stylish investment properties that come in three unit types including one-bed Executive apartments, two-bed two-storey Lofts in an open floor plan setting, and three-bed Penthouse units with a rooftop pool.
This absolute oceanfront four-bedroom villa occupies a prime location on a west coast headland and provides stunning views out to the ocean and across to the picturesque Bangtao and Layan beaches. Offering the definitive private retreat, this elegant villa offers a rare opportunity to own a truly unique property in a unique location. Set on a land plot totalling 6,464 square metres, the villa offers 1,041 square metres of covered living space and 1,350 square metres of open decks and terracing.
Following the sellout success of 26 exclusive villas at Andara Resort Residences in Phuket, Phase III of the development was launched in November 2007 and was completed in . Living up to its reputation for top-notch quality and superb locations, Andara now offers 37 luxury apartment suites for lifestyle investment. With 2, 3 and 4 bedroom configurations, every apartment features breathtaking views of the Andaman Sea from beautifully appointed Thai-inspired interiors.