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Golden Investment Opportunities in Phuket

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Golden Investment Opportunities in Phuket

Niche Real Estate have been exclusively retained to offer for sale 'Tamarind Villas' a premier collection comprising 22 two-three- and four-bedroom fully furnished pool villas with another 14 to become available in the next phase of development.

Niche Real Estate is currently taking Expressions of Interest for the 2.6 hectares all pool-villa development that allows investors to manage their assets as retirement or assisted health care developments, providing both independent and assisted living accommodation more commonly found in Southern European and North American markets.

‘Tamarind Villas’, is situated in the southern part of Phuket Island, and Niche Real Estate believes that the development is the perfect blueprint for a retirement or managed health care facility that, so far, developers have overlooked in the ever-thriving property sector in Phuket. Tamarind Villas offers an attractive lifestyle option for the retiree market, located in a country with a warm climate and focus on care and allows investors latitude to tap into the lucrative retirement and managed health care market.

“Thailand already has a great number of expatriate retirees, the Thai government encourages this by offering a one year retirement visas to seniors. People mainly retire to Phuket for three things: warm sunshine, golf, and the hospitality of the Thai people,” states Daojai Tanommuang, managing director of Niche Real Estate. “This is a unique opportunity that provides investors the chance to tap into an increasingly popular wellness niche in the region,” she added.

Bill Barnett, managing director of C9 Hotelworks and an asset management and property expert in the Asia Pacific region, says, “Investors can market their assets as an ingenious concept that fosters the active and adventurous lifestyle so demanded among the aging populations we now see in Europe especially.”

“Phuket has no shortage of facilities and we are seeing a growing trend of retirees choosing to enjoy their golden years in Asia, most likely due to the combination of luxury property and sterling health care,” he added.

With the pleasing climate, stunning environment and competitive living costs, Phuket has a plethora of services attractive to residents of all ages and nationalities. The island conveniently offers two international hospitals and an international airport, and boasts an array of past times including a choice of six 18-hole golf courses, yachting, spas, water sports, rotary club, a large selection of dining options, great shopping – local markets and two international shopping malls with cinemas, and much more.

The deluxe gated and secure community has a shared gym, tennis court, complete commercial kitchen for room service, laundry facilities and site infrastructure including all-underground wiring and sewers. Golf carts make getting around the complex easy and villa interiors are elegantly designed with convenience and ease in mind, with en-suite bathrooms to each bedroom, comfortable living area with home entertainment system and a fully equipped Western designer kitchen. All villas are fully air-conditioned, offering a comfortable environment, and designed as a single storey with ease of accessibility in mind.

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