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Royal Phuket Marina sees upswing in waterfront condominium re-sales

PHUKET: Following Royal Phuket Marina’s July announcement of a new master plan, interest in freehold condominium re-sales has increased with Royal Phuket Marina’s Real Estate Brokerage confirming three recent transactions during what is traditionally Phuket’s tourism and real-estate low season.


The Phuket News

Monday 26 September 2016, 06:36PM


Royal Phuket Marina's unique waterfront Aquaminiums and Marina Apartments are seeing strong re-sales and long-term rental interest from families.
Royal Phuket Marina's unique waterfront Aquaminiums and Marina Apartments are seeing strong re-sales and long-term rental interest from families.

 

More transactions are in the pipeline, said a release issued today (Sept 26).

The revamped master plan created for the 200-rai Royal Phuket Marina site includes hotels and resorts, a beach club, convention centre and a large family resort anchored by a world-class water park, and adds superior value to the prime waterfront real estate, the release noted/

“Following our recent master plan announcement, interest in the freehold Aquaminiums and Marina Apartments has skyrocketed,” said Michael Ayling, Managing Director, Royal Phuket Marina.

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“This real estate is prime location on the waterfront overlooking the award-winning marina and with the planned future facilities and resorts, the value of this real estate is set to increase significantly. It is this value increase, especially when compared to other Phuket properties, that has delivered three recent re-sales and the strong pipeline of interest,” he added.

“Royal Phuket Marina is one-of-a-kind. Our central location and proximity to British International School Phuket, large unit sizes – ranging from 154 square metres to a vast 520sqm – each with private outdoor space, and the full facilities make Royal Phuket Marina a highly attractive residential community.

“Home to Phuket’s most expensive freehold condominium transaction at almost B100 million, it’s no surprise that we are now seeing savvy buyers snap-up what will turn out to be absolute bargains. And with our continued success in attracting quality long-term rentals, it’s a unique proposition for property investors,” Mr Ayling said.

Royal Phuket Marina’s Real Estate Brokerage currently lists two-, three- and four-bedroom properties for sale starting at B12 million and for rent starting at B50,000 per month.

 

 

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