A few years back former Dot.com entrepreneur and multi millionaire Christian Jagodzinski was looking for his next inspiration after selling off his internet company.
Realizing that global wealth was seeing a boom in ultra villas and more important realizing that hotels were not embracing this product.
This was compounded by the fact that traditional property estate companies were not equipped to deal with upscale hotel like services.
Along came Villazzo which now operates top end properties in destinations such as Miami Beach, Capri, Saint-Tropez and Aspen.
Two private brand operate under the umbrella with V Villas and VillaHotels and they have created a stir amongst the jet set crowd.
Check it out at <link>http://www.villazzo.com*CLICK</link>
Leading industry publisher Ensign Media have announced that nominations are now open for the 2011 Thailand Property Awards.
A ceremony is set for November 5th at the Bangkok's Grand Hyatt Erawan.
New categories launched this year include "Most Affordable Condominium" and "Best Landscape Architecture Design".
Nominations are open from both the industry and public.
For more details <link>http://www.thailandpropertyawards.com*CLICK</link>
Phuket's wave of THB2 million and above "sweet spot" condo market has another plawith Karon's Chic Condominium.
Priced from just THb2.49 million units range from studio's with 45 square meters up to two bedrooms measuring in at 82 square meters.
The seven story development includes a swimming pool, fitness center and lobby area.
Launch prices are at a low entry price of THB55,000 per square meter.
Press reports have quoted the buyer of the Laguna Beach Resort in Phuket, Real Estate Capital Asia Partners (RECAP) as saying they will invest up to THB14 billion in Asia this year.
The group remains bullish on Thailand on the heels of the recent launch in Bangkok of the M Society Condominium project.
Aside from Phuket and Bangkok the fund is active in Singapore, Hong Kong and Japan.
Phuket's property market was well represented at the winners table at the Bloomberg Asia Pacific Property Awards.
Winners included the Nai Thon luxury estate Istana who won multiple kudos and the upscale Kata Rocks development.
Expect considerable ink to be spilled on the name Koh Sirey this year.
Of course the upscale Westin resort is located there, and a new Grand Centara is coming up.
There is another international mega brand hospitality project expected to be announced soon which will fuel the fire.
Somehow the island located just a stone though away from Phuket town and bridge that you drive over misses many people's attention.
One project the 38 villa and 4 penthouse the ocean front Nchantra @ Sirey Beach is going full steam ahead.
Prices start at THB 15 million and both sales and construction are well underway.
For those readers who haven't visited the island, now is the time to check out what is one of Phuket's emerging property scenes.
Reports of a new government task force with joint agency cooperation is set to bring the island's shared ownership under increased regulatory vigilance.
An increasing number of consumer complaints have been received recently highlighted by allegations over company defaults and non fulfillment of obligations to buyers.
Patong is at the center of the squall, where the municipality has been working to control overzealous sales and marketing pitches on the street and in shops where tourist feedback is increasingly negative.
While Phuket has a long history of quality vacation ownership companies, a recent surge in start-up's and the domino effect of competition driven pressure is starting to bring a wave of issues to the limelight.
Phuket's luxury villa estate market is set to see a series of new impressive launches this year.
First up is the exclusive Chingari Estate on Kamala's Millionaires Mile, which is next to another high end development Waterfall Bay.
Three 6 bedroom estate homes priced from USD7.5 million are being released in an initial tranche by the developer with west coast ocean views.
Leading Hong Kong design house MAP Architecture is leading the creative team.
With internal areas of 700 square meters and total built up area of just over 1500 square meters, the villas are placed on 2 rai lots.
Meanwhile its understood that Allan Zeman is set to take his 'Andara Effect' a step further with another new project which will be debuting soon at the topside of the marketplace.
Luxury Nai Thon development Istana Phuket have won three Asia Pacific accolades at the Bloomberg sponsored International Property Awards in Shanghai.
The awards qualify the project for inclusion in the global "World's Best" event set to be held in London in December.
Istana currently has ten villas for sale priced from USD4.25 up to an ultra seven bedroom property at USD8.45 million.
