“We are so excited to see this project come together. The brand has gathered so much trust in the market and has become very well respected among investors and consumers,” said Anthony McDonald, CEO and founder of the CrossTo brand.
The eight-story property will feature 84 freehold condominiums, artfully arranged studies to spacious one- and two-bedroom units in 11 styles, each fully furnished with custom-made furniture, high ceilings, and spacious private balconies.
Among the facilities will be a rooftop swimming pool and sundeck, a second swimming pool located amid gardens, a fitness centre, and the signature 4K restaurant, to offer Thai fusion and Western dishes in upscale ambience.
Residences are selling from B2.77 million, including a full, modern furniture package and a guaranteed 7% rental yield for three years. With management by the X2 Residences Group, the luxury design condominiums of the X2 Vibe Phuket Bangtao qualify for the X2 Ownership and Rental Program.
X2 Vibe is the younger sibling of the X2 leading five-star luxury brand. Both brands focus on “luxury by design”, with X2 Vibe focusing on a fresh, fun, and more lighthearted approach to Phuket life.
Operated by Asian-Pacific hotel management, development and consulting group Bespoke Hospitality Management Asia (BHMAsia), the X2 and X2 Vibe brands in Thailand have properties in Chiang Mai, Bangkok, Samui and Pattaya as well as Krabi.
In Phuket, BHMAsia operates the X2 Phuket Oasis Villa at Bangtao with the X2 Phuket Kamala slated to open later this year. The X2 Vibe Phuket Patong is also set to open this year with the X2 Vibe Phuket Karon to open in 2017.
Abroad, the X2 Senggigi Amanah, to be operated by the renowned Louvre Group, the eighth largest hotel group in the world wth more than 1,300 hotels in 43 countries, is set to open in Indonesia next year, as are the X2 Sumbawa and Bali Breakers properties.
X2 brand properties are also to open in Danang and Ha Long, Vietnam, in 2017, as is the X2 Vibe Hoi An.