Amari Estates Thailand has announced the launch of its latest hotel-serviced residential project, Amari Residences Phuket. Comprising of 160 units including 148 Residences and 12 Pool Villas, the project is expected to set a new benchmark for resort home investments, targeting those who seek to own luxury one and two bedroom apartments on the holiday destination island.
Amari Residences Phuket has developed a rare investment opportunity focused on one and two-bedroom fully furnished Residences for regional investors and lifestyle buyers seeking comfort and luxury without the burden and expense of owning an individual resort home. Boasting panoramic 270-degree sea views and set on approximately three hectares of tropical beach forest, Amari Residences Phuket is located on a prime coastal site above Patong Bay, Phuket’s most expensive location where land prices averages HKD 20,000 per square meter. Architecturally designed as two and three-story low-rises, the Residences are spaciously laid out within the peninsula’s natural and pristine setting and offers sea-views from every unit.
Mr. Yuthachai Charnachitta, CEO of Amari Estates & Italthai Group, states: “Phuket continues to stay ahead of its competitors as the tourist destination hotspot of Southeast Asia and the value of well-managed properties in prime locations continues to appreciate. The launch of Amari Residences Phuket will set a new market benchmark for turnkey holiday home investments by offering residences with a strong rental performance in a sought-after prime coastal location.”
All Residences have full access to the private Clubhouse which features round the clock service, a swimming pool and sun deck, a fitness center and a pool bar. In addition, Amari Residences Phuket owners and guests have full access to the services and amenities of its sister property resort, Amari Coral Beach Phuket, including first-class restaurants, a quiet, private beach and jetty with sundecks, a kids’ club, two swimming pools and pool bar. The 148 one and two-bedroom properties will be part of a managed leaseback rental program where resident owners can enjoy both usage of their properties and a maximized rental yield of a guaranteed 6% per annum.