Notes on why this project is so very interesting...
- The Phuket property market is now well established, but buyers are becoming more discerning. The Plantation Project is big on both design and quality of build, and yet is priced very sensibly compared to less well executed neighbouring projects. It is a best of breed development.
- The developer, Tony James, has a reputation in the industry for delivering top class properties and meeting the ROI projections for his investors. Having built what has become the most expensive condo tower in Bangkok , properties by this team do not depreciate.
- The market in Phuket has slowed up due to the tsunami of last December, so the pricing on the Terrace Penthouses has been frozen at the pre-launch level. They are which are extremely appealing at these lower rates, room for capital growth is clearly much greater because of this.
- The capital growth on this project I predict at about 15%-20% year on year. There is a very strong resale market in Phuket from expats living and working in South East Asia, but the high volume of Europeans flying in and out there for holidays has boosted interest in ownership - in fact native Brits have become the 2 nd largest group to be purchasing second homes on the island.
- The Thai economy is very strong and has been for many years. An investment in Phuket, is an investment in the Thai currency. The Thai Baht is stable and strong against the Euro, Pound and Dollar, and GDP gallops ahead at around 8% per year. Thailand is economically one of Asia 's real gems.
- The holiday rental return I also predict at 10-15% per year. There is always a market for expats flying in for holidays and weekends, and Phuket is massively popular with Europeans too. People have short memories when it comes to travel, so I expect in less than a year Phuket will be a booming destination again. The developers will contract in a professional management agency to look after the marketing and operations of the holiday rental, so investors will receive monthly statements and income.
- With financial repayments at just 6.25%, rental income should wash away the mortgage, leaving an excess pot to fund other ventures, or for flights and holidays to the property.
- The £35,400.00 cash back at the end of construction presents a new opportunity to purchase a further investment property. thus adding to your portfolio.
- The project overlooks Kamala beach but is well above sea level. During the Tsunami no damage was done, which in turn means that investors are not put off by the location. This is important for re-sale.
- The project is a short drive from several professional 18 hole golf courses. This is a positive factor for both holiday rental and resale.
- The villas are almost complete. The terraces are about 10 months from completion. I have personally inspected the finished penthouse and it is of supreme quality.
- These are 'off plan' prices, but in a project that is close to being finished.
This is a rare opportunity to own investment property in the most prestigious developments on phuket
It is a zero risk venture for the buyer and the finance terms are excellent.
Appreciation + Rental = 25% per year
To ask questions or request a reservation form please contact Claire:
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