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Heading our top five is Andara Resort Residences and Villas. This superb development oozes quality - from the moment you valet park your car to the time you enter one of the luxurious residence apartments. The superb interiors are decorated with hand-picked Thai silks and artefacts and furnishings are produced in Andara's own factories in Chiang Mai. Facilities on-site include the renowned Silk restaurant, a spa and gymnasium, a 400m2 communal swimming pool, as well as wine cellar and boutique stores. Residences - and there are currently only six remaining - are priced from 27,200,000 Baht and have the option of joining a well marketed rental pool.
The next development in our top five is The Pearl of Naithon - a recently completed condominium development in Naithon on the west coast of Phuket. Seventy-
At number three is Mandala Condominiums - a development of all pool suite apartments located within 500m of Bangtao beach. The developer built these properties before putting them on the market - indicating sound financial capability and a strong belief in his development. The Swedish developer is not a newcomer to Phuket and backs up his development with decades of experience in the building trade.&nbs p; Priced here are from 17,500,000 Baht with the development aimed strongly at the second home rather than rental market.
Number four in our top five is Kata Rocks - occupying a prime location on the west coast. Kata Rocks is one of only six beach front developments in Phuket and boasts some of the finest names in architectural and interior design. Still under construction the development is due for completion in late 2011 and on completion should be one of the most desirable developments on the island. Prices here are from 29,000,000 Baht
Our number five position goes to The Bay Cliff in Kalim. This superb completed development has a range of ocean view apartments at very reasonable prices and a comprehensive rental scheme. Apartments here range f rom one bed studios to three bedroom penthouses with prices from 6,500,000 Baht. A well priced development from an experienced developer on the edge of Phuket's entertainment district and with stunning ocean views - a secure investment for the future.
That completes our top five developments - interestingly all apartment developments on the west coast of Phuket. The west coast still continues to be Phuket's most affluent area with the highest number of five star hotels and luxury property developments making it the premier location for real estate investment in Phuket. Prices on the west coast can be higher than in other areas but investors can also expect far higher than average capital appreciation.
Contact us at info@phuketoceanvillas.com for more information on our top five developments or to discuss alternative investment opportunities in Phuket.
(c) Copyright Phuket Ocean Villas Co. Ltd 2010
Author: Rebecca Smith, Sales Director, Phuket Ocean Villas Co. Ltd
http://www.phuketoceanvillas.com
email: info@phuketoceanvillas.com
Tel 0066 (0)76527565
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