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THE VILLAGE AT COCONUT ISLAND
The Opportunity at a Glance
- All villas have water-frontage or direct beach access
- The location is nothing short of remarkable with picture-postcard views and a year-round warm tropical climate
- A 500 m stretch of virgin white sand beach
- Its own Pier with 48 berths mooring dock
- Unrivalled range of facilities
- Rental income estimated to 9.9% to 12.9% NET. For Phase 1, a 7% guaranteed rental income for four years is offered.
- An attractive Deferred Payment Plan is available as follows: 50% of property paid for (In accordance with standard plan) and the Remaining 50% paid over 5 years (interest free)
- A truly differentiated resort with the view of achieving strong capital growth and high rental returns.
When Purchasing a Pool Villa at The Village, you are Investing Into a Luxury Island Resort Lifestyle in a Sought-After Location and With an Anticipated Yield of up to 12.9% NET
The Village is a unique residential development, which is configured as a resort property. Located in the stunning Phang Nga Bay, on a peaceful island, just five minutes from Phuket, and as Thailand’s first dedicated water sports resort property, The Village is a truly differentiated Phuket property development that will excite lifestyle investors and reward those who buy villas as investment property.
The Village will be managed as a water sports resort, and this ultimate waterfront lifestyle concept translates into an array of amenities and facilities. The site is fully equipped with restaurants, shops, tennis courts, a Spa, a fitness centre, and sailing and water sports facilities, which generate a country club feeling that both active and leisure-minded residents will appreciate. A 24/7 private water taxi service connects The Village to Phuket (to Laem Hin Pier) with the trip taking less than three minutes.
By providing a resort offering, the developer offers villa owners a truly differentiated resort to achieve strong capital growth and high rental returns.
Spectacular Location
Coconut Island rests peacefully in the sheltered waters of Phang-Nga Bay, just 500m off Phuket’s east coast. To date, the island has been spared from any significant development and remains a picturesque Thai island with thick jungle interiors, virgin palm-fringed beaches and azure waters. The site of The Village Coconut Island boasts a 500m stretch of this priceless sandy coastline.
The surrounding seascape is one of the most photographed in the world. Phang-Nga Bay is famous for the dramatic limestone karsts and islets that loom out of the emerald waters. The warm, sheltered bay, bids smooth sailing, swimming and snorkelling all year round, while affording easy access to the myriad of beautiful islands, bays and beaches throughout Phang-Nga and the Andaman Sea.
Despite Coconut Island’s secluded location, should residents desire to hop over to Phuket for dinner, golf or shopping; the resort runs a regular 24hr water taxi service. A mere three minute journey connects the Village’s own pier to Phuket’s Laem Hin pier, ensuring easy access to Phuket amenities at any time of day or night. Trips to the supermarkets are a maximum of 15 minutes, golf courses range from 10 to 30 minutes, and the island’s hub, Phuket City, is only 15 minutes by ferry and car.
The Ultimate Waterfront Island Lifestyle
By purchasing a villa at The Village, you are investing into ‘the ultimate waterfront island lifestyle’ and this philosophy is evident from the pool villa designs right through to the site amenities.
In addition to the resort’s stunning location and its 500m stretch of virgin white beach, owners will find an unrivalled range of facilities:
- Water sports centre: The Village owns a fleet of dinghies, windsurfers and catamarans for owners to use.
- Boat storage: All owners will be able to own and store their own motor boat using the ‘launch and go facility’.
- Pier, 48 berths mooring dock
- One swimming pool
- Fully equipped, air-conditioned fitness centre
- Spa
- Tennis courts.
- Several restaurants and bars such as a beachside restaurant, a noodle bar, a sports bar with snack food, pizza and pasta restaurant, beach bar and cafe
- Many shops in the Village Centre including convenience stores, a patisserie, delicatessen and newsstand
- 24-hour reception
- 24-hour on-demand water taxi, allowing quick access to Phuket’s Laem Hin Pier
- Secure parking at Laem Hin Pier free of charge
- 24-hour security
- Rental office
- Laundry room
- Comprehensive cleaning services
- Childcare
Water-front Residences Feature the Timeless Beauty of Thai Architecture.
A site like this doesn’t come along too often. Whilst the developer is motivated to create ‘the ultimate waterfront lifestyle’, they have concurrently been very careful not to disturb the delicate ecosystem of Maphrao Island.
The villas, built to very high specifications, will feature the gentle curves of Thai architecture with unique roof designs that resemble the traditional Thai Longtail boat
- Two bedrooms villas offer: Internal area 140m² / 1,507 sq.ft, External area 105m² / 1,130 sq.ft, Plot size 350-800m² / 3,767-8,611 sq.ft
- Three/Four bedroom villas offer: Internal area 216m² / 2,325 sq.ft, External area 152m² / 1,636 sq.ft, Plot size 600-1,200m² / 6,458-12,920 sq.ft
- Four/Five bedroom villas offer: Internal area 305m² / 3,283 sq.ft, External area 195m² / 2,099 sq.ft, Plot size 1,100-1,400m² / 11,840-15,070 sq.ft
The residences come with three types of locations:
- Beach Front: These are the prime locations each villa will sit on its own substantial plot and enjoy direct beach frontage with a stunning view looking up into Phang Nga bay
- Sea View: These villas are stepped back from the beach and provide an element of privacy and needless to say enjoy stunning view sup into Phang Nga Bay.
- Water front: These villas will be gathered around a system of canals, streams and ponds that meander around several residential islands, several villas will even have their own island.
Rental Programme with Estimated Returns of up to 12.9% NET Per Annum
Rentals are anticipated to well exceed the norm for Phuket due to the calm waters of Phang Nga Bay, perfect for a water sports resort. Village Estates, the same team who developed Sunsail (Worlds largest water sports holiday company), will manage the resort.
There are two rental programmes available depending on if you buy into Phase 1 or latter phases:
Guaranteed 7% returns for 4 years (Phases 1 only)
Non-guaranteed rental returns (Other phases) predicated to be in range of 9.9% to 12.9% NET
Owners will receive 60% of the rental revenue, while the Management Company receives 40%. The 40% covers costs of sales and marketing, turnaround costs (maids, cleaning) and financial costs (i.e. accounting, office costs, site insurance, 3% replacement and/or repair charge, estate management).
The Owner usage programme allows any owner who registered their villa for the rental programme to use their villa for up to 60 days per year.
Pricing
2 bedroom villas From THB21,950,000
3 bedoom villas From THB28,950,000
4-5 bedroom villas From THB44,950,000
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