Modern complex Andaman Riviera in Phuket in the Bang Tao area
  • from $160,941
  • $4,496/m² from
Подлистинги
Title Property Type Price Beds Baths Property Size Availability Date
1-room 34-58 $160,941 / from 4733$/m² 1 34 m² 2024
2-room 67-86 $301,294 / from 4496$/m² 1 1 67 m² 2024
Overview
Object ID: HZ10294
  • HZ10294
  • Object ID
  • 2024
  • Construction year
Description

The Andaman Riviera project is located in the Bang Tao area – this is a picturesque place, the most sought after in the premium segment on the island.

Estimated rental yield is $15,000 per year with 67% occupancy. Annual rental yield on investment is 8.8%.

Payback – 5.5 years, taking into account the increase in value by the end of delivery, capitalization of 4.9% per year and rental yield.

Here, 5-star hotels are located next to bright green golf courses, beach clubs and yacht clubs. The area is suitable for a quiet and respectable holiday. The distance to the snow-white Bang Tao beach is 500 meters. The length of the sandy coastline is more than 7 km; due to its length, this beach is never crowded.

Within walking distance: Catch Beach Club, Laguna Phuket Golf Club, Porto de Phuket shopping center, Boat Avenue, Mango Market and much more.

At this stage, we are completing the construction of the Andaman Riviera condo hotel under the management of the international hotel group Radisson Individuals.

The next stage is the construction of boutique residences. The format of the Andaman Boutique Residences project was chosen by us based on an analysis of the real estate market and the great demand for renting and purchasing 3-bedroom spacious apartments with their own swimming pool within walking distance to the sea.

We are also starting construction of the third phase of Andaman City – a condominium with thoughtful layouts. All three projects are united by a unique premium resort level infrastructure for the island of Phuket, designed for a wide range of interests and a large age range of residents.

Materials and construction technologies:

The complex is equipped with a drainage system Foundation waterproofing Penetron
Paints with antifungal effect
Autonomous water supply system
Fire doors
General house fire system + Sprinkler System
Always clean water in the pool – Naked Pool

Finishing materials:

Natural large format marble
Eco-friendly wall panels
Moisture-resistant plaster Terraco
Large format porcelain tiles with anti-slip effect
Solid slab partitions
Galvanized, fire doors
Stone countertop
Two air conditioners
Boiler in every apartment

Infrastructure of the complex The Andaman Riviera project was awarded the “Best Project of 2020” award according to the Dot Property SEA Awards in the Best Affordable Condominium (low rise) category.

Spacious lobby and reception area
32-meter infinity pool on the roof
Lounge area with sun loungers and rooftop bar
Children’s club with children’s pool
2 restaurants: panoramic Fine Dining on the ground floor and a view on the roof
Gym
Sauna
Bakery and coworking space Residents of the complex have access to the infrastructure of the entire Andaman City.

Professional hotel management from Radisson Hotel Group

Radisson Hotel Group is one of the largest, fastest growing and innovative players in the hotel business. Radisson’s portfolio includes nine distinct brands and more than 1,500 hotels open and soon to open in 114 countries.

The company has over 80 years of experience in the hospitality industry and is focused on personalization and a personalized experience. Professional hotel management from such a global giant is a guarantee of a high level of service and stable income for our investors. Our project will feature a Rental Pool system in a 70/30 ratio with the owner’s ability to live in the apartment independently. In addition, the Radisson hotel group has its own loyalty program, which provides members with special rates and exclusive privileges.

DEVELOPING INFRASTRUCTURE. The social sphere is developing on the island, new road junctions and a second airport are being built, the project includes a ground metro and two world-class amusement parks.

LIMITED LAND RESOURCE. About 60% of the land in Phuket belongs to parks and reserves. The area available for development near the beaches has almost been developed. The shortage of land will dictate higher property prices. High-rise construction is prohibited on the island.

YEAR-ROUND SEASON You can swim in the warm sea and enjoy a beach holiday at any time of the year.

THRIVING TOURISM INDUSTRY The expected number of tourists in Phuket in 2023 is 12 million people. The island is ranked 6th according to Tripadvisor among the most popular tourist destinations in the world.

STABLE ECONOMY Low inflation and a stable currency are the key to reliable investments. Over the past 20 years, the Thai baht has strengthened against the dollar by 20%.

The island is known for its gourmet cuisine. From local street eateries to world-class restaurants, here you can sample a wealth of different culinary cultures.

Recently, Phuket has been actively striving to maintain environmental cleanliness. Many areas of the island focus on eco-friendly living, offering unique opportunities to live in harmony with nature.

Phuket is gradually becoming a center for innovation and technological development. Startups and technology companies find their place here, creating exciting opportunities for those who want to contribute to innovative projects.

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Camilla Murga
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