For more than a decade, this top Norwegian-owned company has become one of Thailand’s most prolific developers, having successfully completed over 50 projects in this period, with more than 20 more currently under construction. Initially starting in Pattaya, in 2016 the developer has started to bring their winning formula to other parts of Thailand, including Samui, Chumphon. Now – with the launch of Phuket Water World – they have arrived in Phuket.
Phuket Water World is located just 150m from the idyllic Bangtao Beach, just a 30 minute drive from Phuket International Airport. Here you will find a secluded community with quiet beaches and family friendly areas. It is also close to the Laguna project and its world-famous golf courses. It is also just a short drive away from the bustling party town of Patong.
The project is a large one, consisting of several seven-storey buildings which are set in extensive green areas, with large pools and a boating lake at the centre of the development. The project will be developed in phases, with the first phase consisting of three buildings. Further phases will add two more condominium buildings, several family villas, plus a hotel.
In addition to the many water features that gives the project its name, Phuket Water World will also contain all of the facilities that visitors to a four-star hotel would expect. These include a children’s playground area, several bars and restaurants on-site, plus a number of retail outlets, including a minimart. All apartments at Phuket Water World are supplied on a full turnkey basis – containing everything that a buyer needs to move in immediately.
While buyers at Phuket Water World can purchase apartments here for their own personal use, the secret of the developer’s success has been through a scheme that appeals specifically to investors. All buyers here have the option of enrolling into the developer’s Guaranteed Rental Scheme, which offers an unbeatable 10% annual Guaranteed Rental Return for a period of 10 years or more.
The developer is able to make this generous offer to investors as a result of having built up their own travel agency over the past decade, which has agreements with many tour companies, including being the largest inbound travel agency to Thailand from Scandinavia. All of their projects operate as four-star hotels, which is why the majority of apartments on their projects are studios – the most in-demand unit sizes for travel agents.
It’s a unique, no risk opportunity for anyone to buy into the excellent returns currently being generated from rental property in Phuket. And you need do nothing in order to receive the returns – the developer will handle the whole process – you just need to sit back, relax and wait for the cheque to arrive. Investors also don’t have to wait for the project to be completed in December 2019 to start receiving a return on their investment – anyone paying the full price of their apartment will start receiving 10% interest on the price paid immediately.
For anyone looking to maximize their returns on investment, there is no better option in Phuket than is currently being offered at Phuket Water World.
|Type||m2||Price/THB||Start Date||Jan- 2018|
|Studio – Min||26.3||3,022,200||Closing Costs||1%|
|Studio – Max||29.2||4,288,400||Payment Plan|
|One-Bed – Min||35.6||4,628,000||Reservation Fee||THB 50,000|
|One-Bed – Max||78.1||10,928,400||Deposit Payment||35%|
|Two-Bed – Min||55.4||8,504,250||Interim Payments||55%|
|Two-Bed – Max||102.3||15,861,150||Handover||10%|