Twinpalms Residence MontAzure | Condominiums for Sale | Phuket Realtor

Development: TwinPalms Residences by MontAzure

DEVELOPMENT DETAILS

Year Built:  Q2 2019

Total Number of Units:  75

Ownership Structure:  Foreign Freehold and Leasehold Title

Prices and Location:  TwinPalms Residences Listing

Video Link:  TwinPalms Residences Video

Developer Link:  Developer MontAzure Website

DEVELOPMENT DESCRIPTION

Twinpalms Residences MontAzure is offered by Thailand real estate agents and is a unique, integrated beachfront resort and residential community in Phuket’s last remaining prime west coast location, just steps from the pristine sands at Kamala Beach.

Twinpalms Residences MontAzure is grouped as a series of eleven low-rise clusters with private elevators to reach each floor. The buildings have been orchestrated around one of two generous communal swimming pools and offer intimate views of the beautifully landscaped gardens and inspiring tropical surroundings. Thailand real estate agents agree that MontAzure is in a class all on its own.

• A varied selection of two-bedroom unit types all feature tall windows and wide balconies that maximize the views
• Generous rooftop terraces and ground-floor gardens allow residents and guests to make the most of the year-round Phuket climate
• Interior spaces have been meticulously planned and oriented to provide a rare combination of openness and privacy
• Options are available to combine units in order to create three and four-bedroom residences

Conceived by Martin Palleros with Tierra Design, the team behind the island’s most successful contemporary resort – Twinpalms Phuket – the development displays all the symmetry of a Mondrian painting with a harmonious blend of contemporary tropical architecture and site-sensitive landscaping.

Tierra Design was founded by Martin Palleros in Singapore in 1992. It is a highly motivated, multi-disciplinary, and multi-cultural design practice with a focus on the quality – not quantity – of projects undertaken. Highly recommended by Thailand real estate agents.

Palleros is renowned for his design vocabulary, which extends across architecture, landscape design, master planning, and interiors, with the highest respect for ecological sensitivity, a finely honed sense of aesthetics, and an unerring instinct for realizing the potential of a spectacular natural setting.

Past projects include Phuket’s Baan Yamu and Twinpalms Phuket, Villa Mayavee on Millionaire’s Mile, The Chedi Hotel in Chiang Mai, plus the Metropolitan Hotel and Sukhothai Residence in Bangkok.

DEVELOPER PROFILE

Subsidiaries of three of the most prestigious property and hotel investment groups in Asia: The Narai Group (Thailand), Arch Capital (Hong Kong), and Philemon Capital (Singapore) part of Pontiac Land Group, have teamed up to create one of Asia’s most exceptional residential resort developments – MontAzure in Kamala, Phuket, Thailand. Well respected by Thailand real estate agents.

These condominiums for sale will span some 178 acres (72 hectares) of the mountain to beachfront land on Phuket’s central sunset coast at Kamala, offering a unique natural setting that will be sensitively developed to include private luxury estates and Oceanside apartments, upscale hospitality, lifestyle retail, and wellness offerings, as well as a choice of sophisticated beach facilities.

The developers have engaged a team of top master planners, architects and designers committed to utilizing what is arguably the last site of this scale and beauty on Phuket’s west coast, and certainly the only absolute mountainside to beachfront project on Asia’s leading resort island.

The site itself is a gem of rare quality, offering almost 820 feet (250 meters) of beach frontage shaded by mature Casuarina trees and leading up to a 200-year-old untouched tropical forest where many existing trees have been protected during an exhaustive master planning exercise.

DEVELOPMENT OWNERSHIP

The title of Ownership can be registered under the name of any nationality as Freehold at the time of purchase as long as the foreign quota of 49 percent of total units remains available. Ownership can also be titled under a foreign name as Leasehold in accordance with Thai law.

PROPERTY MANAGEMENT

Twinpalms Residences MontAzure will provide a rental opportunity for those buyers who wish to earn a return on their investment. To maximize occupancy and deliver hospitality-level services a qualified and experienced hotel operator – TwinPalms Phuket – will be appointed to manage this program and ensure that owners receive the highest possible yield.

TwinPalms Phuket will divide the total gross revenue derived from the rental pool on a 40/60 basis – 40% will be paid to the owners and 60% will be retained by the operator. A top-line revenue split removes the uncertainty and protects the buyers and residents from a lack of transparency on operational costs and expenses.

CONSTRUCTION PERIOD

• Scheduled for completion in Q2 2019

DEVELOPMENT FACILITIES

• Wellness Center

• Ground floor pool

• Restaurant

• Beach Club

• Spa

• Anchor Hotel

• Gym

• Retail Center

DEVELOPMENT FEES

• Maintenance (CAM) Fee - 80 THB/SQm/Month
• Sinking Fund - 700 THB/SQm

PAYMENT TERMS

• 200,000 THB  Reservation Fee
• 50%  On signing of legal documentation
• 25%  On completion of the roof
• 20%  On lock up
•  5%  On registration

If you are considering a Phuket Condominium for sale or have questions, please contact us today at +66 93 606 0906. Buyers pay zero commission and we have years of experience to share with you. We will listen to your stated needs and requirements and understand that your time is valuable.