Property in Panwa
Situated on the southeast coast of Phuket, Cape Panwa forms the northern end of Chalong Bay. Although the cape gives residents the feeling of being in the middle of nowhere, the northern road has easy access to Phuket Town, whilst the road that heads west is easy driving distance to Chalong. As well as having some nice local restaurants, it has been the home for many years of a number of 5 star luxury hotels. One of the main attractions of this area for residents are the beautiful views overlooking the islands south and east coasts.
There are not a huge amount of new Phuket condo projects in this part of the island, as most developers focus more on the west coast which attracts more holiday makers. But for those that are looking for remoteness and like this area, there are a few choices.
Villas are harder to find in Cape Panwa, but if you love peace and quiet and are looking to buy a luxury villa in Phuket with stunning sea views with private pool, then it is worth taking a look at the options available.
Investing in panwa
Because of its isolation, the Cape Panwa area tends to attract more residents than those searching for a perfect Phuket investment. Even after some development this area is still fairly quiet compared to others, but that doesn’t mean that the area doesn’t hold some investment potential.
Some of the views in this area are simply magnificent and what the location lacks in amenities it makes up for in the beautiful landscape, lush tropical greenery and its peace and solitude. And as land values rise across the island, and more 5 star hotels discover this area, they will undoubtedly lift prices here too.