By Shabnam Muzammil:
Island destinations in Asia are seeing a significant increase in tourism and are providing resort investors with opportunities for long-term returns on vacation homes.
The recent sale of the last four-bedroom villa at The Estates Samui, an exclusive collection of 14 private villas (pictured) in Koh Samui, Thailand and other similar island resort destinations across Asia point to the growing trend of resort properties as “savvy investments”.
So far, nine of the beachfront villas at The Estates Samui, developed by Minor International PCL on the secluded hillside of Laem Yai Bay, have been sold. They range in size from two- to five-bedders and feature floor-to-ceiling glass windows with ocean views and private pools.
Located near the Four Seasons Resort Koh Samui, residents have access to the services and facilities offered at the resort, including restaurants, lounges, a spa, golfing, tennis and sailing.
“By developing 14 villas on this extensive beachfront site, we have maximized the privacy and exclusivity of the resort,” said James Knowles, Vice President of Sales, Minor Residential Group.
“When you combine that with the access to the facilities and services of the adjacent Four Seasons Resort, it presents an unbeatable opportunity. Investors recognize and want opportunities to buy early in a resort area’s development so that they can make strong financial returns while enjoying a beautiful vacation home for their families and business partners.”
Shabnam Muzammil, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email shabnam@allproperty.com.sg
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