Phuket continues to be a popular destination for second homes and property investment
BANGKOK (2 March 2021) – Minor International (MINT), one of the largest hospitality, restaurant and lifestyle companies in Asia Pacific, achieved a record-breaking THB 2.5 billion in eight separate residential villa sales in Phuket in the preceding 12 months.
Nestled on a lush hillside above Layan Beach on Phuket’s north-western coast, Minor International’s resort-branded residences – Layan Residences by Anantara and Avadina Hills by Anantara – benefit from world-class management, facilities and services provided 24/7 by the five-star Anantara Layan Phuket Resort.
“Good infrastructure, beautiful weather, and a vibrant culture place Thailand among the most popular destinations in Southeast Asia for second homes, and for those who are looking to invest, Phuket hosts some of the Kingdom’s most attractive residential portfolios,” said Mr. Micah Tamthai, Vice President of Real Estate, Minor International. “Our recent sales achievement is also a testament of the increasing preference, especially among a growing population of high-end customers, towards resort-branded residences that offer an exceptional luxury product and a seamless, hassle-free home-ownership experience.”
Located only 20 minutes from Phuket’s international airport, Layan Residences by Anantara is a boutique collection of 15 private pool villas ranging from 1,695 to 3,195 square metres in built-up area. Each has been uniquely designed in contemporary Thai style and features one-of-a-kind panoramic views of the Andaman Sea.
Next door on 100 rai (40 acres) of land, Avadina Hills by Anantara offers 11 ultra-luxury residences ranging in size from 2,452 to 3,373 square metres. Elegantly minimalist, the design draws inspiration from the Japanese heritage of co-developer Kajima, a construction and real estate development company listed on the Tokyo Stock Exchange. All villas feature one or two expansion floors for additional guest suites and bespoke wellness or entertainment spaces, fully customisable to suit each owner’s lifestyle.
Among the developments’ recently-sold freehold villas is a seven-bedroom residence which comes complete with a private spa, gym and home cinema, a five-bedroom residence with two levels of outdoor entertaining space, and a residence with four master suites, each with a private terrace and sweeping ocean views.
Five-star amenities at the adjacent Anantara Layan Phuket Resort include a private beach and beach club, Thai and international fine dining, award-winning Anantara Spa, kids’ club, helipad and boat tender drop-off point, as well as a full suite of wellness facilities comprising swimming pools, a fitness centre, tennis court and Muay Thai boxing ring. Owners and residents also benefit from the resort’s in-residence services – including private butler, buggy and chef services – and the option to participate in a flexible resort-managed rental program.
With international-standard healthcare, a flourishing wellness culture and myriad leisure activities ranging from golf to diving to yachting, Phuket has earned its status as one of the region’s most exciting lifestyle destinations and hospitality markets: the annual Mastercard Global Destination Cities Index ranked the island one of the 20 most popular tropical beach destinations with international visitors in 2019.
“As Thailand’s resilient tourism industry begins its recovery, augmented by a strong history of land and villa capital appreciation in Phuket, we remain confident of the island’s property market outlook in 2021 and beyond,” concluded Mr. Tamthai.
The residences are available for private ownership at a starting price of THB 225 million for Layan Residences by Anantara and THB 292 million for Avadina Hills by Anantara, with freehold title for eligible buyers. A private viewing can be arranged by contacting +66 85 484 8752 or [email protected]
About Minor International
Minor International (MINT) is a global company focused on three core businesses: hospitality restaurants and lifestyle brands distribution. MINT is a hotel owner, operator and investor with a portfolio of 530 hotels under the Anantara, Avani, Oaks, Tivoli, NH Collection, NH Hotels, nhow, Elewana, Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands in 55 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South and North America. MINT is also one of Asia’s largest restaurant companies with over 2,300 outlets system-wide in 26 countries under The Pizza Company, The Coffee Club, Riverside, Benihana, Thai Express, Bonchon, Swensen’s, Sizzler, Dairy Queen and Burger King. MINT is one of Thailand’s largest distributors of lifestyle brands and contract manufacturers. Its brands include Anello, Bodum, Bossini, Brooks Brothers, Charles & Keith, Esprit, Etam, Joseph Joseph, OVS, Radley, Scomadi, Zwilling J.A. Henckels and Minor Smart Kids.
Anantara is a luxury hospitality brand for modern travellers, connecting them to genuine places, people and stories through personal experiences, and providing heartfelt hospitality in the world’s most exciting destinations. The collection of distinct, thoughtfully designed luxury hotels and resorts provides a window through which to journey into invigorating new territory, curating personal travel experiences.
From cosmopolitan cities to desert sands to lush islands, Anantara connects travellers to the indigenous, grounds them in authentic luxury, and hosts them with passionate expertise. The portfolio currently boasts over 40 stunning hotels and resorts located in Thailand, the Maldives, Indonesia, Vietnam, China, Cambodia, Malaysia, Sri Lanka, Mauritius, Mozambique, Zambia, the UAE, Qatar, Oman, Tunisia, Portugal and Spain, with a pipeline of future properties across Asia, the Middle East, Africa and Europe.
Hwee Peng Yeo
Executive Vice President
Glodow Nead Communications
Director of Marketing, Real Estate