Royal Phuket Marina’s Real Estate Brokerage announced that it has closed three recent transactions for freehold condominium resales. The deals come shortly after an announcement in July that revealed a new master plan for the marina. Royal Phuket also noted the sales come in what is traditionally Phuket’s tourism and real estate low season and added more deals are in the works.
The new master plan for Royal Phuket Marina includes a 200-rai site that features hotels, a beach club, a convention center and a large family resort with a water park. The news was enough to spark buyers in the action that grabbed prime, waterfront real estate.
“Following our recent Master Plan announcement, interest in the freehold Aquaminiums and Marina Apartments has sky rocketed. This real estate is prime location on the waterfront overlooking the award-winning marina and with the planned future facilities and resorts, the value of this real estate is set to increase significantly,” Michael Ayling, managing director at Royal Phuket Marina, explained in a press release. “It is this value increase, especially when compared to other Phuket properties, that has delivered three recent re-sales and the strong pipeline of interest.”
Royal Phuket Marina is situated in the center of Phuket and is the only development with underground car parking on the island at moment. Other amenities include a health club with floodlit tennis courts and a multi-purpose children’s play zone with indoor and outdoor space. Expat families, working professionals and early retirees are among those who own a residence at Royal Phuket Marina.
“Royal Phuket Marina is one-of-a-kind. Our central location and proximity to British International School Phuket, large unit sizes each with private outdoor space, and the full facilities make Royal Phuket Marina a highly attractive residential community,” Ayling added. “And with our continued success in attracting quality long-term rentals, it’s a unique proposition for property investors.”
