Phuket news - Absolute launch development in Patong, Phuket, Thailand

May 13, 2010 - PRLog -- Investing over 750m Baht into the project, Twin Sands Managing Director, Darren Judges, feels they've hit the market at exactly the right time despite the political situation in Thailand and the global economic problems.

"Stock of prime units in Phuket is running out, we've seen nothing new launched in the last twelve months which has a good ocean view and is within a minutes' walk to the beach.  Those people who are in a position to buy are struggling to find a product which fits their lifestyle and their pocket." says Darren.

It's fair to say that ocean view apartments are in very short supply and with the new environmental restrictions coming into place during the latter half of this year, these type of developments are likely to become even harder to find.

Darren went on to say, "'A key market for us is Hong Kong and with the stock market flattening, bank interest rates at a low level, many Hong Kongers and expatriates are looking to overseas property to boost their investment portfolios."

The development, located on seven Rai, (11,200m2) of prime ocean view land, in the Tri Trang area of Patong, is aimed at the mid to low end of the Phuket property market with prices ranging from 4.7m Baht to 15.2m Baht.

The location is certainly appealing, just a few kilometres from the bustling nightlife and entertainment centre of Patong, but yet far enough away to be peaceful.  It's ideal for those who want to party all night and come back to a place where they can relax and unwind.    

Positioned between two idyllic beaches, Merlin and Tri Trang, Twin Sands owners can deliberate over which beach they visit, whether to spend the day lounging beside the communal pool or to take the resort shuttle bus into the centre of Patong.

Twin Sands will be built to the same exacting standards as Absolute Nakalay Beach Resort, the developers primary resort located on Nakalay beach on the outskirts of Kamala.  Designs at Absolute are distinctively modern and maximise natural light with large scale windows and good use of outdoor terracing.  Twin Sands Resort and Spa will comprise 46 units in the first phase, with a range of studio (50m2), one bedroom (80m2) and two bedroom apartments (120m2).  

Purchasers at Absolute Resorts, buy not only due to the exceptional quality of design, breathtaking ocean views and convenient location but also because of the superb rental programme which is fully managed by the resort and guarantees owners an excellent return on investment.  

Owners will also benefit from a good range of facilities which include, a restaurant and bar, pool lounge bar, fitness centre and spa as well as an infinity edged swimming pool and plenty of terraces for sun-bathing.

Take up has already been superb and pre-launch Twin Sands have already sold 18 units - there are still prime units left but buyers shouldn't contemplate too long or they may miss out on the best opportunities.  An option is also available for buyers to finance 50% of their purchase.

Buy now at pre-launch prices

Phuket Ocean Villas have teamed with the developers of Twin Sands Resort and Spa to give our clients an opportunity to buy at pre-launch prices.  Clients reserving before the end of May can take advantage of exceptional pre-launch prices which are set to increase by 5% on 1st June.

Contact us for further information.

(c) copyright Phuket Ocean Villas Co. Ltd and Ocean Villas Group Pte Ltd.

Author: Rebecca Smith, Sales Director, Phuket Ocean Villas Co. Ltd

http://www.phuketoceanvillas.com

email: info@phuketoceanvillas.com

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Phuket Ocean Villas specialise in luxury property in Phuket, Thailand. We have a superb and extensive portfolio of luxury property in Phuket, available in breathtaking locations throughout the island, including new property, resale property and land.