Diamond Condo Sparkles – Phuket Property
PHUKET: Diamond Condominium, the latest project to be developed in Phuket’s high-end Bang Tao Beach area, is located just 400 meters from the beach, and minutes from the Laguna resort complex. The six rai (9,600sqm) property will contain four separate buildings surrounding a central swimming pool and
landscaped community recreation area. In all, the four buildings will contain 388 units with the total building size of 8,200sqm.
Pre-sales are underway for the first 172 condos in buildings B and C, with prices ranging from 1.89 to 5.9 million baht – equating to an average of 74,000 baht per square meter. Construction is expected to start in April next year, with a projected three-year completion date.
There will be a range of floor plan configurations available for both one and two-bedroom condos. Room type A, at 33.8sqm, is the entry level one-bedroom offering and includes a bathroom/toilet, kitchen and dining area, as well as a bedroom and living area separated by a movable glass dividing wall. The 41.6 sqm, Type A1 adds a balcony and built in Jacuzzi.
The two-bedroom units start at 50.4sqm for the type B and the Type B1 goes up to 62.3sqm with the inclusion of a large balcony and built in Jacuzzi. There is also the option for a door to join two adjacent units, to increase living area, which can be included at the buyer’s discretion when purchasing. The condominium will be located within walking distance of amenities such as Tesco Lotus, a local Thai market, several mini-marts, and of course the many beach clubs and restaurants located on Bang Tao Beach. On top of its prime beachfront location, other key selling points for the project include free built-in furniture, kitchen and wardrobes, 24-hour security guard, car parking, fitness center and the large swimming pool and community area with native plants.
The building design has been inspired by its beachfront location and will feature white, blue and green tones to represent the sand, sky and water of the local area. The project is the brainchild of Belgium-born business partners Jo D’Hondt and Rudy Maes, who were also involved in the development of the nearby Diamond Beach Club. Mr D’Hondt spoke at the recent soft opening of the project’s sales office in Bang Tao and described his vision for the condominium. “I want to build something I would love to buy myself. We want to make something in Bang Tao that people can buy [that has] good quality and good value in a good location for a low price,” he said.
The developers are also offering an excellent rental return of 7% per annum, which will be guaranteed for three years for people purchasing a single unit; four years for those purchasing two; and five years for those purchasing three. Rental arrangements will be operated with a hotel-like management style to ensure that tenancy rates remain high.
*This Phuket Gazette article can be found at: http://www.phuketgazette.net/phuket-property/Diamond-condo-sparkles-Phuket-Property/22771#ad-image-0
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