Zeman Keeps His Mojo
Category:
Real estate, Posted:02 Jul 2012 | 13:33 pm
Wonder if Phuket still has the drawing power for the rich and famous of the ultra villa set?
A check at the thirteen villa Andara Signature project has 5 sales with another two offers on the board after just six months.
It's not cheap living on Kamala's Millionaires Mile with prices at "AS" commanding a breathtaking USD6.6 to 8.2 million.
The Zeman-effect is still lingering at the original Andara estate with 5 resale's in the past two years, and resulting capital appreciation up over 30% per annum.
Daniel Meury is reporting growth in villa rentals with pooled returns up considerably higher than a year ago.
Meanwhile Andara Signature is set to rise out of the ground, funded by Zeman, rain, shine, sales or not.
SIGN UP FOR C9 INSIDER NEWS
Other News
Read more
Phuket’s Hilton Garden Inn Transacts to TriO Capital
Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. A strategic plan for a design and development upgrade under TriQ will kick off at the end […]Read more
