Bangkok--29 Aug--deliveringasia
Discerning property investors pursing opportunities in Phuket’s booming luxury apartment market have been afforded a perfect opportunity with the official launch of the opulent M?venpick Residence Karon Beach Phuket.
Bill Barnett, Managing Director of C9 Hotelworks, who is responsible for the development and marketing of the M?venpick Residence, says 30 brand new 125sqm two-bedroom apartments - for sale individually - make up the M?venpick Residence which is set on 2.5km of pristine white sandy beach, offering unhindered views of the Andaman Sea.
The low-rise development is only three floors high in keeping with the property’s intimate atmosphere.
The M?venpick Residence Karon Beach Phuket will be managed by the adjoining M?venpick Resort and Spa Karon Beach Phuket, and the internationally renowned M?venpick hotel group will be responsible for the day-to-day operations of the Residence.
M?venpick’s management of each investor’s apartment makes this project the only internationally-branded and managed beachfront investment opportunity in Phuket and also affords investors a larger rental pool being part of a global hotel reservation and booking distribution chain.
C9 Hotelwork’s Mr Barnett says with the combination of an established international brand managing the apartments, a beachfront location and double-digit capital appreciation in Phuket since 2004, investors can expect a healthy six to eight per cent return on their investment annually.
“Initial international response to the M?venpick Residence Karon Beach Phuket has been most positive because due to the multiple advantages a project of this scale and quality brings,” Mr Barnett says.
“The Phuket property market is as robust as it has ever been with many major institutional investors entering the sector and this, combined with a boom in the Phuket travel market, points to internationally managed apartment ownership being a sound investment choice.
“The fact that the M?venpick Residence Karon Beach Phuket has a beach front location — along with all of the advantages of being a component of a major luxury resort — makes this investment opportunity just that bit more enticing.”
Residence investors — apart from solid investment returns — are entitled to 60 days accommodation free per year in their apartment with full access to all luxury facilities contained in the adjacent Resort, including the vast spa complex, food and beverage outlets and all recreational facilities.
The apartments start for sale at 13 million Thai Baht.
Designers and architects of the Residence have created a distinctly Thai tropical ambience to the property which also boasts one of Phuket’s most serene tropical gardens whilst all rooms contain the latest in contemporary Thai furniture along with modern electrical appliances and internet access.
About C9 Hotelworks
Based in Phuket, Thailand which is an area currently undergoing tremendous growth in tourism and residential development, C9 Hotelworks has significant experience in the Asia Pacific region headed by Managing Director Bill Barnett and Michael Cowan.
As experienced corporate hotel management executives C9 Hotelworks represents the best interests of owners of hospitality assets through independent advice and consultation. Such advice assists owners when evaluating the hotels operation, management and returns.
Analysing research, forecasting and advising C9 Hotelworks have the skill and experience required to focus on the key issues, evaluate complex ones and assist our clients to achieve results.
Issued on behalf of C9 Hotelworks by Delivering Asia Communications — for further information please contact:
Ms Isara (Liz) Pangchan Mr Mark Armsden
Sales & Marketing Manager Vice-President
M?venpick Residence Karon Beach Phuket Delivering Asia Communications
Tel: +66 (0) 76 396146 Tel: +66 (0) 4121 4930
+852 9777 1754
E-mail: [email protected] E-mail: [email protected]
For high resolution photography, please contact Mark Armsden at [email protected]
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