A new area in the Bang Tao area in Thailand on the island of Phuket is under construction. However, the apartments are ready to become yours before the completion of construction work. In the future, these properties can become a good investment, a vacation home, or a source of rental income. The developer has purchased a massive plot of land located just 2.7 km from the sea, where they have already started the construction of a modern condominium with apartments of various layouts.
The apartments presented for sale are a profitable investment in the long and short-term perspectives. Today, prices in the real estate market in the area range from 140–160,000 baht per meter at the presale stage. After the facility goes into operation, the prices will increase several times. Those who manage to buy property here now will receive a 30% return.
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Description of a new residential complex in Laguna Phuket
The Bang Tao area is relatively new on the island, but modern and prestigious. All the features of this place are superb:
- a luxurious beach of the same name with places to relax and quiet bays;
- Lagoon as a center for entertainment and expensive recreation;
- Laguna Phuket Golf Club;
- developed infrastructure, cafes, restaurants, shops, and schools;
- eternal summer and beautiful nature surrounded by villas.
Bang Tao is a beautiful area of Thailand where you can merely enjoy a holiday or stay here forever. The area is actively being built up and developed: new international schools, shops, hospitals, and salons are appearing every month. The main focus is on European consumers: the developer is ready to offer the appropriate level of comfort and quality in every aspect.
Technical characteristics of the development
- Commissioning of the condominium VT-395R is 3 m2 is scheduled for 2025;
- Number of apartments: 263;
- Apartment areas: from 38 to 138 m2;
- Apartment layouts: one, two, and three-bedroom plans.
It is possible to purchase apartments in the new complex on the island of Phuket in interest-free installments. The offer stands until the construction work is complete.
Location and infrastructure of the condominium in Laguna Phuket
The infrastructure of the Bang Tao area and the residential complex itself is sufficiently developed not only for a comfortable summer holiday but also for permanent residence.
Location of the new object:
- Distance to the sea 2.7 km;
- Within walking distance: Blue Tree Water Park, Laguna Golf Club, Porto De Phuket shopping center, Xana and Catch clubs;
- The area’s most vibrant street, Boat Avenue, with restaurants and cafes, night bars, and boutiques is just 500 meters away.
The BT-395P condominium infrastructure will include:
- children’s club;
- gym;
- swimming pool with sun loungers;
- restaurant;
- reception;
- functional library;
- coworking area;
- security.
The recreation area will be located on the roof of the building, overlooking the mountains and the magnificent natural beauty of the island.
Help: in the Kingdom of Thailand, you can obtain a residence permit by choosing one of the programs, including the Elite Visa of Thailand.
Apartment interiors
All apartments feature modern design with capital finishing and state-of-the-art appliances, which include:
- built-in kitchen;
- bathroom plumbing;
- finishing walls, floors, and ceilings made with modern materials;
- built-in wardrobes;
- air conditioning system.
The apartments have panoramic windows offering views of the mountains and the nature of the island.
Price
| Layouts | Total area (square meters) | Price |
| One-bedroom apartments | 38 | from 148,303 USD |
| Two-bedroom apartments | 47 | from 187,323 USD |
| Three-bedroom apartments | 138 | from 536,338 USD |
Furniture and decorative elements can be included in the total price of the apartment at the buyer’s request. By default, apartments are sold only with plumbing, cabinets, and built-in interior elements.
Investment benefits from purchasing real estate in Thailand (Phuket)
In 2022–2023, investments in real estate in Thailand were exceedingly popular among foreign investors. All the resort areas in the kingdom are promising and popular for purchasing real estate, but Phuket still holds first place.
The main reasons for the popularity of real estate investments in Thailand are as follows:
- Lots of tourists: in March 2023 alone, 364,000 guests arrived on the island;
- Visa-free entry for citizens of most countries; the visitors are usually allowed to stay in the country for no more than 90 days;
- Affordable prices for housing in resort areas: it is possible to buy an apartment in Phuket for 100,000 USD;
- Low property taxation rates: in Phuket property tax with leasehold ownership amounts to 1.1%;
- High yield from rental or resale of housing in Phuket: profits may reach 10% and 30%, respectively.
If you are ready to move to live on the island of Phuket another country or if you are looking for a profitable investment destination, we advise you to pay attention to villas and houses that are currently under construction on the island. Purchasing those is cheaper than buying ready-made apartments, and the deal can be concluded remotely.
Contact our experts for advice and choose your house, villa, or apartment in advance in Phuket from our catalog.
