Flourishing Tourism Industry
Phuket hosts up to 18 million tourists every year. The island is the 6th most popular tourist destination in the world according to Tripadvisor.
Year Round Tourism
Lukewarm sea and year-round hot weather attract tourist all year long.
Limited Land
About 70% of Phuket’s lands belong to national parks and wildlife sanctuaries which makes land an extremely scarce resource. Most of the land available for construction is already occupied. Limited land is the main factor for annual real estate price increases.
Stable Economy
A low inflation rate and stable currency make Phuket a haven for investors. Over the last 20 yeras, the Thai baht has gained 20% on the US dollar.
Favorable Investment Climate
Investment programs are quite affordable with an entry threshold of around 10 million USD. Other incentives include flexible financing programs, stable high income from the rent, and a high capital appreciation.
Fast Developing Infrastructure
Phuket’s infrastructure is developing rapidly. Local government’s top priority is an efficient transportation system such as new roads, a ground metro, and a second international airport. Apart from that, a new world-class amusement park is currently under construction.
Andaman Riviera project is located in the picturesque Laguna area. Lined with luxurious estates and hotels, it’s well known for being the most prestigious district of the city.
Here 5-star hotels are surrounded by lush green golf courses, ex-extravagant beach clubs, and classy yacht clubs. It’s one of the most ideal places for a tranquil and sophisticated lifestyle.
The estate is situated 500 meters from the white sandy Bang-Тaо beach. With a pristine shoreline stretching 7km long, it’s never too crowded. Many famous places such as Catch Beach Club, Laguna Phuket Golf Club, Porto De Phuket shopping mall, Porto De Phuket, and Boat Avenue are located within easy walking distance.
Estate Type: Luxurious condominium
Number of Buildings: 1
Number of Floors: 7
Number of Apartments: 165
Number of Bedrooms: 1-4
Apartments Size: from 34 – 250 sqm
Views from the Apartments: Garden, Pool, Sea
Development Progress:
80% of construction work has been completed
Quality of Construction and Decoration:
Cutting edge construction technology includes modern drainage systems, waterproof and rustproof building facades, concrete waterproofing, granite finishing, additional soundproofing, seamless panoramic windows, and swimming pool filtration system without chloride.
Concept:
Tenement apartments under independent management
Managing Company:
Radisson Hotels Group
Investment Attractiveness:
Luxurious residence for an affordable price in a prestigious location. Rental income is 12% per annum.
Rental Pool:
70-30
Andaman Riviera project has won a “Best Project of the Year – 2020”
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