Aquarous Jomtien Pattaya, a luxurious staycation residence that embodies the essence of modern living by the sea. This high-rise condominium features two towers, standing at 44 and 47 floors, comprising a total of 606 residential units and five commercial units. With prices starting at THB 4.21 million,
MontAzure is an acreage real estate project, spanning about 450 rais. The fundamental concept is to meticulously integrate nature with residences in which residents can feel environmentally involved. The project is the capital synergies of three of the most prestigious property and hotel investment groups: Arch Capital of Hong Kong, Philiean Capital in Singapore and Thailand’s The Narai group.
The high-end low-rise condos will come in the first phase of the project, comprising 75 residential units and taking 9.39-100 m of beach frontage, funded by the above-mentioned three groups and managed by Twinpalms. The condominium project has been architecturally designed by Tierra Design led by Martin Palleros. The residences will be nestled in one area surrounded by rainforest in which dwellers can savor the authentic environment remaining pristine or untouched as possible; it is considered an ideal location to live.
Mr. Ronald Bleszynki, MontAzure managing director said in the press conference, “This area is the last fine-art west coast beachfront location, and what we do is to connect residents to the nature preserved as pristine as possible. In other words, we want to create hospitality community on the most possibly intact site and to promote sustainability.” DDproperty asked him with the question, “Speaking of sustainability, what approaches you will be implementing?” Mr. Ronald replied, “We need to promote both natural and economical sustainability. By being naturally sustainable, public and municipal segments will be incorporated to oversee the Pacific practice concerning energy use, water and waste. Moreover, we are planning to implement the potential infrastructures by growing up energy to make the place genuinely sustainable itself. And in terms of being economically sustainable, we have set the status quo of the numbers of permanent residents; therefore, the emphasis will be placed on rental purposes.”
Twinpalms Residences MontAzure’s facts
No. of units: 75
Site Area: 9.39 Rais (15,000 sq.m/ 161,000 sq.ft) – 100m of beach frontage
Saleable Area: 12,603 sq.m (135,660 sq.ft)
Unit Types: 56 one-bedroom units, 19 two-bedroom units, with options for buyer to request three-bedroom units.
Unit Sizes: One-bedroom 70-250 sqm (750-2,690 sq.ft)
Two-bedroom 260-400 sqm (2,800-4,300 sq.ft)
Prices: Bt 8.xx – 93.xx million
Ownership: Kamala Beach Resort and Hotel Management Co. Ltd. (the synergies of three: Arch Capital, Philiean Capital and The Narai group
Architect: Tierra Design – the team behind Twinpalms Phuket.
Facilities: Residents Lobby, Beach Café and Bar, Gym/Yoga Studio, Spa Pavilions, Library and Lounge, Outdoor event space, On-site Management Office.
Management: Twinpalms MontAzure
Project Details
Perspective views
The MontAzure condos will be located 100 metres away from the beachfront area; the residential villas will be potentially located on the hillside.
The project has tried to leave the grown palm trees intact; some of them had to be removed due to concerned potential botanical disease infected from tree to tree. Having a lot of trees is geographically unique for MontAzure making it outstanding from other residences.
Location
Location
Fronting the northern part of Kamala Bay, which is considered to be one of the most exclusive areas on Phuket’s stunning west coast, the Sites offer developers the last large scale beachfront opportunity in the heart of Phuket’s exclusive west coast.
Kamala is the perfect base from which to enjoy and explore Asia’s preferred island destination.
Kamala also offers easy access to a multitude of nearby attractions and activities, including watersports and marine excursions, cultural sites, top class restaurants, global brand shopping malls, vibrant nightlife options and live entertainment.
North of Kamala
- Surin (5 minutes) – beach clubs, Thai and seafood beachside restaurants
- Bang Tao (10 minutes) – international standard golf course, numerous casual bars and seaview restaurants
South of Kamala
- Kalim (10 minutes) – stylish cluster of beachfront and cliff-top restaurants and bars
- Patong (15 minutes) – retail malls, streets markets, restaurants, bars and nightlife
Phuket International Airport is a 35-minute drive from the development and options also exist for arrival by private boat or helicopter.
Analysis
Estimated yields
MontAzure has guaranteed an about six-percent return on an annualized basis. Also, the promotion includes a 45-day stay period for prospective investors. This special offer will expire due December 31, 2015 or until the initially-promoted 11 units have been sold out. Besides, due to the fact that this project is located on both last naturally intact rainforest and beachfront location, not to mention, when property restriction is imposed, there will be a surge in real estate prices in the future.
Summary
If you are looking for residences in which you can mingle yourself and family with Mother Nature, this place is the one you should consider having. It is a very nice place to be your both retirement sanctuary and potentially lucrative investments.