Phuket is a beautiful island attracting tourists from all over the world with beautiful nature, beaches, and a unique resort atmosphere. Phuket is also an appealing destination for investing in real estate in Thailand. In this article, we will look at new development projects in Phuket Island, available for investment in the summer of 2023.
Content:
- New residential development projects in Phuket in 2023
- Benefits of buying property in Phuket
- We will help you buy property in Phuket!
New residential development projects in Phuket in 2023
Under-construction, recently commissioned, and available for purchase residential developments in Phuket offer a variety of properties with beautiful ocean views. Whether you are an experienced investor or just a beginner, Phuket will provide you with a number of reliable projects for successful investments. Read on for some of them.
Patong Bay Sea View Residence 3
A new three-storey residential development is being built not far from the sea on a hillside, with windows offering a beautiful view of Patong Bay. Patong Bay Sea View Residence 3 consists of modern high-rise buildings with apartments coming in different sizes and floor plans. This off-plan project in Thailand will be commissioned in December 2024.
Key features of Patong Bay Sea View Residence 3:
- The development offers residents enhanced security. The entrance to the buildings will be monitored 24/7. Video surveillance will cover the entire area.
- Excellent internal infrastructure. Residents of Patong Bay Sea View Residence 3 will be able to enjoy a wide range of amenities, including a swimming pool, a fitness centre, restaurants, and cafes. The development will also have underground parking.
- Sea view. One of the development’s main advantages is a stunning view of Patong Bay. You can enjoy beautiful sunsets right from the window of your apartment.
- Good location. Patong Bay Sea View Residence 3 is just a couple of minutes’ walk from Patong Beach and the island’s main tourist area. Nearby are many restaurants, bars, retail outlets, and entertainment. Patong Bay Sea View Residence 3 is located in the heart of the tourist area, on the main party street Bangla Road, which has a vibrant day and night life.
- High-quality construction. The development is being built using high-quality materials and modern technologies. High ceilings and large windows make apartments bright and roomy.
The development includes 454 apartments with modern finishes. At the moment, 45 m2 one-bedroom units are available for purchase for €74,481, while more spacious options cost, for example, €112,424 or €171,879.
Utopia Dream
In the south of Phuket, at the intersection of the two most popular areas of Nai Harn and Rawai, Utopia Dream, a villa and apartment complex, is being built amid a tropical garden. Completion of the project is scheduled for 2024. Utopia Dream is just a few minutes’ walk from the shores of the Andaman Sea. Residents will have direct access to all necessary amenities within the community. The development will provide everything you need for comfortable living. Utopia Dream offers future residents a swimming pool, a fitness centre, restaurants, cafes, and retail outlets. It will also feature car parking and 24/7 security.
The project will consist of three eight-storey buildings with apartments and villas ranging from 24 m2 to 185 m2. Most apartments will have private balconies or terraces with sea or garden views. Utopia Dream is designed for a wide range of people wishing to enjoy a luxury holiday in Phuket or buy property in the area. It can both be expats from other countries and locals who want to rent their corner of paradise on the coast short- or long-term.
Nai Harn and Rawai are two picturesque areas in the south of Phuket. Both of them are in close proximity to the beaches, which makes them very attractive for tourists and residents. Nai Harn is famous for its clean sandy beach, which is considered one of the most beautiful in the south of Phuket. There are also many restaurants, bars, and retail outlets here. Rawai, in contrast, is a quieter location with cosy hotel complexes and restaurants. This area allows you to enjoy a peaceful atmosphere and wonderful views of the bay.
A 32 m2 one-bedroom apartment in this development can be purchased for €71,907; a two-bedroom apartment, €85,904; and a three-bedroom apartment, €165,883. The average cost of a villa in Thailand in this residential complex is €284,000.
Layan Green Park
Another interesting investment property on the west coast of Phuket, close to Bang Tao Beach, is the seven-storey Layan Green Park, built in 2022. This premium residential development is located in one of the most attractive areas in Phuket. The proximity to Layan Beach makes it an ideal place for sea lovers. In addition, there are many restaurants, retail outlets, and entertainment venues nearby. The development became the first in Thailand to receive an EDGE Advanced Certificate, which is awarded for the use of environmentally friendly and energy-saving technologies in the construction and operation of buildings.
Layan Green Park offers a wide range of properties to meet the needs of the most demanding clients. Here you can find both one-bedroom apartments in a development project in Thailand for small families or investors, and spacious two- or three-bedroom apartments for large families. Unit prices are quite affordable. For example, a 30 m2 one-bedroom apartment costs €112,621, while a 45 m2 apartment can be purchased for €181,710. A 90 m2 two-bedroom apartment is for sale at €321,914, and a 120 m2 three-bedroom apartment, €451,627.
Each apartment in Layan Green Park features a modern design and is finished with high-quality materials. Residents of Layan Green Park can enjoy all the benefits of its well-developed infrastructure. There is a swimming pool, a fitness centre, and a playground. Layan Green Park provides a high level of security for its residents. The development is guarded by a 24/7 security service and is also equipped with a video surveillance system.
There are schools, hospitals, and supermarkets in the area. The good location and variety of properties on offer make the development attractive for investment and living. Thanks to modern design, high-quality construction, and well-developed infrastructure, Layan Green Park will be an ideal place for comfortable living surrounded by nature.
Benefits of buying property in Phuket
Investing in real estate in Phuket is a good opportunity to earn passive income. Here are a few reasons to invest in residential developments in the island:
- Growing tourism market and opportunity to generate rental income. Tourist traffic in Phuket is increasing every year. This creates a great demand for rentals and makes real estate investment reasonable and profitable.
- Rising real estate value. Phuket is an attractive place to invest in real estate due to ever-growing property prices. Buying real estate in Phuket will be a reliable way to increase your capital.
- High-quality construction. New residential projects in Phuket usually offer a very decent quality of construction and all modern amenities. You can be sure that your Asian property will meet the highest international standards.
- Wonderful nature and climate. Phuket is famous for its beautiful beaches, mountains, and tropical forests. Living on this island gives you the opportunity to enjoy beaches, tropical greenery, and warm sunshine all year round.
We will help you buy property in Phuket!
Investing in real estate in Phuket can be a great opportunity to generate income and increase your capital. Don’t miss your chance to become a proud owner of Phuket property in 2023. Message our experts right now to find out more about your purchase options!