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2 Bedroom Living Area.
Amari Estates, the real estate arm of Italthai Group,
enjoyed a positive sales debut of its latest hotel-serviced residential
development, the Amari Residences Phuket, during the 11-day CBRE Thailand
Elite Living 2013 property showcase held at Siam Paragon recently. The event
recorded total sales of over THB 2.5 billion, and out of 14 other projects
exhibiting at the showcase, the Amari Residences Phuket attracted
significant interest from Thai buyers and was the top performer amongst
resort home projects.
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Private Clubhouse.
“Being one of the pioneering resort residential
investment projects in Phuket to market to Thai buyers, we were indeed
satisfied by the favorable response. Phuket has historically been a market
driven by foreign buyers, but we believe our project positioning as a very
viable long term investment has encouraged this local interest. Built in a
prime location that is second to none in Phuket, along with a range of
facilities and the backing of an experienced hotel operator, the Amari
Residences is set to become a new market benchmark, not only in offering
comfort and affordable luxury in a fully serviced residential property, but
also a rare investment opportunity that offers a guaranteed 6% yield for
three years. In order to continue to build on this momentum and further
market the development to the Thai market, we are planning a series of
pre-sales events in Bangkok and Pattaya during the coming months,” commented
Yuthachai Charanachitta, CEO of Amari Estates & Italthai Group.
![](pictures/p1Amari3.jpg)
Peninsula with private beach
and private jetty along Patong Bay.
The Amari Residences Phuket is built on the success of
the Amari Residences Hua Hin, the first hotel serviced condominium in Hua
Hin which completed late last year. With the collaboration between Onyx
Hospitality and Italthai, Amari Residences Phuket has been well packaged to
offer a hassle-free investment where investors can enjoy extensive usage of
their property as well as receive a yield payment annually through a
professionally managed rental program.
When complete at the end of next year, Amari Residences Phuket will comprise
of 148 one and two-bedroom residences and 12 three-bedroom pool villas
situated on a prime coastal site above Patong Bay - Phuket’s most expensive
location where land prices average THB 120 million per rai. Architecturally
designed as two and three-storey low-rises offering 270 degree panoramic sea
views from every unit, the project was awarded “Best Architecture for
Multiple Residence” at the Asia Pacific Property Awards in early May this
year.
For any further information regarding Amari Residences Phuket, please
contact Ms. Preeti Tanwani on +662 654 1111 ext 104 or
[email protected]
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Views from the clubhouse.