Twinpalms Residences MontAzure Nears Completion
With construction on schedule for completion at the end of 2018, the developers of Phuket’s unique beachfront condominiums, Twinpalms Residence MontAzure, are offering buyers a rare opportunity to take advantage of timely investments ahead of the development’s official opening as a hotel and residence, with a healthy return on investments expected in 2019.
Around 70% of the units have sold out, and buyers that purchase one of the few remaining Rooftop Residences, invest in a combined Grand Unit, or become the proud owners of Phuket’s most iconic Beachfront Penthouse stand to make attractive capital gains once the resort condominium officially opens its doors to owners and guests at the end of the year.
A stylish new entrance from the recently expanded west coast highway will offer convenient access to the beachfront property and its sister attractions, InterContinental Phuket Resort, HQ Beach Lounge and Cafe Del Mar Phuket.
Only 11 of the Rooftop Residences at Twinpalms Residences MontAzure remain unsold; the one- and two-bedroom properties have been meticulously designed to offer an appealing combination of space and privacy, and each unit has access to a private rooftop pool and deck with stunning views of the surrounding island scenery.
“Although all the units at Twinpalms Residences MontAzure offer generous layouts, especially when compared to those in many other locations around Asia, some buyers have requested even larger units to accommodate multi-generational families or to share with friends,” explains Fiona Nel, Director of Sales at MontAzure.
“To meet the need for more space, we have combined some of the condominiums to create unique Grand Units that range in size from 450 to almost 800-square-metres. This additional space allows for flexibility and customization of the fit out for personal lifestyle choices like multi-purpose media and family rooms, a home gym, or spa facilities,” she added.
Four of these expansive 2-, 3- and 4- bedroom properties are still available to investors, two on the ground floor with access to their own private gardens, and two rooftop units with expansive open-air facilities to complement their voluminous interiors. All the Grand Units offer resort-style ensuite bathrooms, open-plan kitchens, separate dining room and living areas, as well as private swimming pool and bar.
“The most impressive of the Grand Units is the Beachfront Penthouse directly overlooking Kamala Beach. It has a 16-metre lap pool and sun garden in the rooftop, as well as a covered BBQ and dining area with an outdoor lounge for entertaining,” added Ms. Nel.
Owners also have access to the development’s appealing communal facilities and services, professionally operated by Twinpalms Management, which allows investors to combine an unmatched island lifestyle with solid returns on their investment. Completion of Phase One will see all future developments at MontAzure shift inland, which ensures minimal disruption for residents and guests as they enjoy the breathtaking beachfront surroundings.
Entry level units at Twinpalms Residences MontAzure start from Bt15.8 million (US$480,000) with one-bedroom units covering 70- to 250-sqm and two-bedroom units ranging from 154-sqm to 400-sqm. Buyers that book a Grand Unit before the official opening in December 2018 will enjoy customized fit out and finishing options. Foreign freehold ownership is also available, and the entire development is fully compliant with the Thai Condominium Act, offering a secure, compelling opportunity, either as a second or permanent home, or for investment purposes.