THE PHUKET REAL ESTATE MARKET OUTLOOK FOR 2010 IS LOOKING POSITIVE
A trend that we are seeing lately is that developers are trying to simplify their offerings. In the case of this particular development, this can be seen with the project focused on 45-60sqm one-bedroom and 55 to 70 sqm two-bedroom offerings. A few penthouse units will also be available. These will be featuring roof top terraces.
Because resort living is more aimed towards owners or tenants coming on holiday or only staying a short period of time, some extra attention needs to be given to the design. For resort style condominiums in Phuket and other types of resort style properties in Phuket, most developers are offering full resort facilities like you can find in four- and five-star hotels. Some also include upscale restaurants, with the management renting out the space to a reputable service provider. Other facilities like a sun deck, pool bar, a gym and room service are being offered as well. In terms of furnishings, there are usually several optional furniture packages available to choose from. This offers the buyers of real estate in Phuket the opportunity to have their units ready to move in at handover and getting rid of the headache the delivery of furniture can be.
When it comes down to the actual units, potential buyers are certainly interested in how their living space will look and feel. It is very important to have fully furnished show units, giving the potential buyers get a very good idea of how their condominium in Phuket will actually look like.
In the resort market, there is a new condominium development in Phuket to hit the market soon and which will draw a lot of attention.
Situated in the heart of Patong, ‘The White House Condominiums’ is an exciting resort-style development of 215 high quality one- and two bedroom apartments for sale in Patong. The units measure from 44 sqm up to 111 sqm. Seven units will have direct access to the swimming pool from their balcony.
Jungceylon shopping centre, the nightlife and the beach are literally only a few minutes walk away. The development offers you full resort-style facilities such as a large free-form swimming pool, international restaurant, fitness centre, and a communal courtyard with a green zone and jogging track.
These Patong apartments will be a perfect choice for your home in Phuket. Buyers can expect a high return of investment due to the central location and quality of the development. In addition they will be able to choose to participate in the optional rental program. An optional furniture package will be offered for the buyers’ convenience and to those who wish to participate in the optional rental program.
‘The White House Condominiums’ will be professionally managed ensuring that all common areas will be maintained and looked after.
So for everyone who is looking for a great condominium in Patong which is set to generate good rental returns and capital growth, these Patong condominiums are certainly worth considering. You can find more info at www.thewhitehousecondominiums.com.
As for the villa market, the soon to be launched Grand Residences by Banyan Tree is a good example of a development of luxury villas in Phuket that will be carefully designed to meet the most up to date demands of buyers of high-end real estate in Phuket.
The development will consist of eighteen luxurious 4-5 bedroom villas located around a lagoon. Six properties will be released in phase one of the launch along with a show villa.
With all areas of the market picking up by the improved economic fundamentals, Phuket real estate developers who work hard to satisfy the buyer’s expectations and demands should find themselves in a good position for the year ahead.