The MontAzure marketing team has noticed the beachfront condominiums have seen a marked uptick in interest from Australian buyers, particularly during the school holidays and since the dollar has gained ground.
Australian investors are proving especially keen buyers of Phuket's high-end, beachfront development, Twinpalms Residence MontAzure.
Located in the 75-acre MontAzure development, Twinpalms Residence offers 75 luxury beachfront apartments for freehold and leasehold title, and presents one of the safest and easiest opportunities to buy real estate in Thailand.
Bordered by lush mountains and the pristine waters of Kamala Bay, MontAzure contains a mix of investment and lifestyle options, including the Twinpalms Residence apartments, a hotel, fashionable beachside clubs, and, only recently announced, an up-market senior living village.
Image: Spectacular views from the Twinpalms Residence MontAzure.
Aussie buyers
With the rise of the Aussie dollar making offshore real estate more affordable, the MontAzure team have noticed an uptick in enquiries and purchases coming from Australia.
Rental guarantees are being offered by the developers. Click to find out more.
"We have seen renewed interest in the last two months, especially during the school holidays," said Henri Young, Director of Marketing, Kamala Beach Resort and Hotel Management.
Many Aussies are buying the apartments as a holiday home they will let when vacant; others are buying them as permanent residences. Some are buying the condos to rent out now, but to live in during their retirement. The properties offer the possibility of solid returns.
The Kamala Bay location
Phuket is a much-loved, luxury-tourist destination, popular with travellers from Asia, the Middle East, and many parts of Europe. The Thai Government has invested heavily in tourism, and Phuket's infrastructure and facilities are of the highest standards.
Image: The crystal-clear waters of Kamala Bay.
MontAzure is located on one of Phuket’s last remaining prime waterfront locations, and the developers have engaged a team of top planners, architects and designers to create a landmark community that respects the site.
Kamala is right in the middle of the west coast of Phuket, making it very convenient to travel anywhere on the island. It's only 35 minutes to the airport, and 15 minutes to the shopping and entertainment precinct of Patong.
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What's happening on location
Construction of the beachfront condominiums (better known to Australians as apartments), Twinpalms Residence, is underway. 'Building C' has topped out, revealing the stunning Kamala Bay views available to residents.
Image: Construction of the beachfront condominiums, Twinpalms Residence.
Next door, construction of The Intercontinental Hotel broke ground in mid-July and will open to guests in 2019. The hotel will offer a range of villas, suites, and hotel rooms with views of the Andaman Sea and surrounding forest, and will provide a range of luxury services, including a swimming pool, spa, fitness centre, and kids' club.
HQ Beach Lounge and Café Del Mar are open and thriving right next to the development, and have quickly become an island favourites.
Only a few weeks ago, plans for an upscale residential village for mature residents were revealed. These residences will be located on a secluded hillside, offering owners a peaceful, natural setting, and exceptional ocean views.
Kamala Nippers
MontAzure even has its own Aussie-style nippers programme. In July, MontAzure joined forces with Phuket Life Saving Club and Surf Life Saving Australia to hold a Phuket Kid’s Water Safety Training Program. More than 50 Thai and international children turned up, and MontAzure will provide on-going support for a Nippers Lifesaving Club.
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Prices range from US$600,000 (AU$760,000) to US$3 million (AU$3.8 million). Approximately 60 per cent of the 75 units at Twinpalms Residence MontAzure have been sold. Twinpalms Residence is due for completion in 2018.
"MontAzure is quickly developing into one of Asia's most exceptional luxury lifestyle communities,” says Young.
Rental guarantees are being offered by the developers. Click to find out more.