Royal Phuket Marina sees upswing in waterfront condominium re-sales

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Following Royal Phuket Marina's July announcement of an exciting new Master Plan, interest in freehold condominium resales has increased exponentially with Royal Phuket Marina's Real Estate Brokerage confirming three recent transactions during what is traditionally Phuket's tourism and real estate low season. More are in the pipeline.

The Master Plan created for the 200 rai Royal Phuket Marina site includes hotels and resorts, a beach club, convention centre and a large family resort anchored by a world-class water park, and is adding superior value to the 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. 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,” said Mr. Michael Ayling, Managing Director, Royal Phuket Marina.

Royal Phuket Marina's strategic central location on the island is widely recognised as a key benefit for both buyers and long-term rental clients. The only development with underground car parking, Phuket’s best health club with floodlit tennis courts and a multi-purpose indoor/ outdoor children's play zone (Kids Mania at RPM), these properties overlooking the award winning marina are highly attractive to expat families, working professionals and early retirees to base themselves 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 – ranging from 154 sqm to a vast 520 sqm – each with private outdoor space, and the full facilities make Royal Phuket Marina a highly attractive residential community. Home to Phuket's most expensive freehold condominium transaction at almost 100THB million, it’s no surprise that we are now seeing savvy buyers snap-up what will turn out to be absolute bargains. And with our continued success in attracting quality long-term rentals, it’s a unique proposition for property investors,” added Mr. Ayling.

Royal Phuket Marina's Real Estate Brokerage currently lists two, three and four bedroom properties for sale starting at 12THB million and for rent starting at 50,000THB per month.