New luxury resort in Phuket: 2.5 billion for a tropical paradise!

New luxury resort in Phuket: 2.5 billion for a tropical paradise!

Tourism development in Phuket continues to gain momentum. An outstanding project that will expand the island's exclusive residential landscape is theThe Residences at InterContinental Phuket Resort. This ambitious project in Kamala on the west coast of the island is being carried out jointly byProud Real EstateandIHG Hotels & Resorts(InterContinental) realized an investment volume of proud2.5 billion THB(approx.$77 million). HospitalityNet reports that sales have already started this year and the first buyers are enthusiastically moving in.

The project is characterized by its impressive architecture, which is...Habita Architectswas designed. Inspired by Phuket's Sino-European heritage, the design features stone facades, shady courtyards and wide balconies. These design elements are intended to underline the “Far East Paradise” concept, where tropical serenity meets cultural sophistication. The interiors offer a calm geometry with tactile, uncluttered designs, and there is also an emphasis on sustainability - the project is aiming for Fitwel certification and uses solar energy and modern water management systems.

Facilities and comfort

TheThe Residencesconsist of111 exclusive residences, ranging from one-bedroom suites to spacious five-bedroom penthouses. The price range starts at15 million THB. The amenities on offer to future residents are impressive: in addition to access to a MICHELIN-awarded restaurant, there will also be aSati Spaas well as 24-hour concierge and butler service. A spacious green area of ​​almost2,000 m²as well as modern fitness offeringsTechnogymround off the offer.

In Phuket, Thailand's largest resort destination, the property market is dynamic. The location in Kamala in particular is enjoying increasing popularity. Loud emigrate-to-thailand.net The combination of beautiful beaches and world-class infrastructure attracts many investors, with Phuket benefiting from world-class amenities, a modern international airport and a twenty-year history as a luxury resort.

Real estate market in transition

Property price trends in Phuket have recovered since the pandemic and prices are at a record high. Especially luxury villas that are on the west coast15 to 50 million THBcosts are very popular. The analysis also shows that the supply of branded residences in Thailand accounts for 18% of the total Asian market. Especially the areasBang TaoandKamalarecord increases in value of up to 30% and are therefore at the top of the list for real estate investments.

However, in a constantly changing market, caution is also required. Dependence on tourism and infrastructure challenges could pose risks, particularly during peak seasons. Nevertheless, Phuket remains an attractive destination for investors looking for sustainable, creative living concepts and technologically advanced properties. This is also supported by the trend towards “workcation”, i.e. the combination of working and going on holiday.

Thailand, officially the Kingdom of Thailand, with its rich cultural roots and scenic diversity not only offers a beautiful living space, but also a solid basis for economic growth. In recent years, the country has established itself as a major player in the region, with a focus on sustainable development and high quality of life. Wikipedia highlights human habitation for over 40,000 years and the influences of Theravada Buddhism on culture. These unique characteristics make Thailand, and specifically Phuket, an exciting place for future investment and quality of life.