Off-plan The Residences at InterContinental Phuket Resort in Phuket, Thailand № 170376

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Off-plan The Residences at InterContinental Phuket Resort in Phuket, Thailand № 170376
ID170376 min. ฿ 13 600 000
  • THB ฿
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170376

The Residences at InterContinental Phuket Resort Development description

The Residences at InterContinental Phuket Resort in Thailand is an ultra-luxury branded residence development managed by IHG on Kamala Beach, Phuket. Available units include apartments and penthouses, with a starting price of ฿15,000,000 (approximately $415,000) and an average price of around ฿260,000 per m². Handover is scheduled for Q4 2027.

Location of The Residences at InterContinental Phuket Resort in Kamala, Phuket

The Residences at InterContinental Phuket Resort in Kamala, Phuket sits on the beachfront, 200 metres from the sea and approximately 6 km from the city centre. Kamala and Surin beaches, restaurants and spa centres are within easy reach. The Cherng Talay retail zone with Boat Avenue and Porto de Phuket is a 20–25-minute drive away, while Phuket International Airport is around 40 minutes by road. Kamala draws affluent tourists year-round, sustaining consistent demand for luxury rentals.

Investment property in The Residences at InterContinental Phuket Resort

These residences combine IHG brand status with hotel-managed rental income, making investment property in The Residences at InterContinental Phuket Resort a natural fit for managed letting programmes. On Phuket's west coast, short-term rentals in the luxury segment deliver 6–9% per annum, with a payback horizon of 12–16 years. Between 2023 and 2025, premium property prices on the island appreciated by roughly 10% per year, and branded residences show above-average resale liquidity. The Residences at InterContinental Phuket Resort price from the developer varies by unit area, floor and sea view.

Demand for premium property in Phuket is supported by a shortage of genuine beachfront stock and a sustained inflow of high-net-worth buyers.

Property types and layouts in The Residences at InterContinental Phuket Resort

The project comprises 111 units: apartments with 1–4 bedrooms ranging from 58 to 425 m² and 5-bedroom penthouses of 425 m². The residences occupy beachfront buildings with views over the Andaman Sea. The concept is built around InterContinental hotel-grade service. Project configurations:

TypeBedroomsArea
Apartments 1–4 58–425 m²
Penthouses 5 425 m²

Apartments in The Residences at InterContinental Phuket Resort

Apartments in The Residences at InterContinental Phuket Resort condominium come with 1–4 bedrooms and areas from 58 to 425 m². Units face the sea and are finished with premium materials throughout. To buy apartment in The Residences at InterContinental Phuket Resort, buyers can choose from entry-level one-bedroom layouts up to expansive four-bedroom configurations — all suited to both managed rental programmes and personal use.

Penthouses in The Residences at InterContinental Phuket Resort

Penthouses in The Residences at InterContinental Phuket Resort are 5-bedroom units of 425 m² positioned on the upper levels. Each offers a panoramic Andaman Sea view, private terraces and full access to hotel services.

Foreign ownership at The Residences at InterContinental Phuket Resort

To buy The Residences at InterContinental Phuket Resort as a foreigner, the available route is a long-term leasehold 30+30 — the right to a unit for 30 years with a renewable extension of a further 30. Freehold title in Thailand is reserved for Thai nationals; foreigners hold property under leasehold. IHG hotel management oversees the building and the rental programme. The purchase process runs as follows: reservation with a deposit, SPA contract, instalment payments, FET-coded fund transfer and Land Office registration. Fees and taxes at closing:

  • Transfer Fee 2%
  • Specific Business Tax 3.3%
  • Withholding Tax depending on the holding period
  • Common Fee monthly

Payments are made in Thai baht. A full catalogue of premium island projects is available in the property in Thailand collection.

Developer Proud Real Estate PCL

The Residences at InterContinental Phuket Resort by Proud Real Estate PCL, a Bangkok-based luxury property developer with over 20 years of partnership with IHG. The company's portfolio includes the InterContinental hotel and residences in Hua Hin, making this the brand's second branded residence in Thailand.

FAQ about The Residences at InterContinental Phuket Resort

Who is the developer of The Residences at InterContinental Phuket Resort?
The developer is Proud Real Estate PCL, a luxury property company with more than 20 years of partnership with IHG.
Where is The Residences at InterContinental Phuket Resort located and how far is the beach?
The residences are on Kamala Beach, Phuket. The sea is approximately 200 metres away and the city centre is around 6 km.
What property types and layouts are available at The Residences at InterContinental Phuket Resort?
111 units in total: apartments with 1–4 bedrooms from 58 to 425 m² and 5-bedroom penthouses of 425 m².
How much does an apartment in The Residences at InterContinental Phuket Resort cost and what drives the price?
The starting price is ฿15,000,000 (approximately $415,000). The final figure depends on unit area, floor, view and the stage of purchase.
What payment plan is available to buyers at The Residences at InterContinental Phuket Resort?
Terms are agreed with the developer and typically include a reservation deposit, stage-based instalments and a completion payment.
When is the handover of The Residences at InterContinental Phuket Resort?
The scheduled completion date is Q4 2027.
Can a foreigner own property at The Residences at InterContinental Phuket Resort freehold?
Foreigners have access to leasehold 30+30; freehold title is available to Thai nationals only.
Freehold or Leasehold at The Residences at InterContinental Phuket Resort, what is the difference?
Foreigners hold units under Leasehold 30+30. Freehold is permanent ownership available to Thai citizens.
What rental yield can be expected at The Residences at InterContinental Phuket Resort?
Short-term luxury rentals on Phuket's west coast generate 6–9% per annum.
Can I obtain a long-term visa or Elite Visa by buying at The Residences at InterContinental Phuket Resort?
Purchasing property in Phuket does not automatically confer a residence permit. The Thailand Privilege (Elite) visa is applied for separately.
What maintenance fees and taxes apply at The Residences at InterContinental Phuket Resort?
At closing, buyers pay Transfer Fee, Specific Business Tax and Withholding Tax. Ongoing building maintenance is covered by a monthly Common Fee.

Location

  • Close to the beach
  • Close to the countryside
  • Countryside
  • Prestigious district
  • Near golf course
  • Sea nearby
  • Near restaurants
  • Sea view
  • Pool view
  • Panoramic view
  • Beautiful view

Features

  • Panoramic windows
  • Balcony
  • Private pool
  • Sauna
  • Finished
  • New project

Indoor facilities

  • Children-friendly
  • Restaurant
  • Cafe
  • Bar
  • Mini club
  • SPA center
  • Fitness room
  • Private Gym

Outdoor features

  • CCTV
  • Security
  • Landscaped green area
  • Fresh sea air
  • Social and commercial facilities
  • Car park
  • Garden

Apartments and flats in The Residences at InterContinental Phuket Resort

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CityPhuket
TypeDevelopment
Rooms1, 2
Living space59.17 m²
max. 188.08 m²
  • sq. ft
To sea200 m
To city center6 km
Completion dateIV quarter, 2025
OwnershipFreehold
Price
  • Price
  • per m²
min. ฿ 13 600 000max. ฿ 54 700 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £
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