5 Unit Apartment Block for Sale - Chalong, Phuket

NEW PRICE: 61 Million THB - Fantastic Investment Opportunity! 

• ca. 9% p.a. Gross Return on Investment
• Apartment Units: 5 x 190 sqm
• Total Floor Space: 1,334 sqm
• Constructed in 2018 

Centrally located in a quiet road off Soi Ta-eiad, this is the highest quality accommodation you will find in this increasingly popular area of Phuket. Soi Ta-Eiad is becoming increasingly well-known in global health and fitness circles, and has been attracting big names in MMA who come here to train. Busy irrespective of the season, this 1.6 km stretch is rapidly expanding its offerings, and the popularity of health and wellness tourism is not abating.

This 7-storey apartment complex is less than one year old, and was finished to the highest quality. The luxury apartments all boast 3 double bedrooms, including one master bedroom with en-suite bathroom. The residence units are a spacious 190 m2, including a large 20 m2 balcony.

Each apartment is stylishly furnished and all furniture and kitchen equipment is included in the price. The living areas feature leather upholstered furniture, while the Egger (Austria) fitted kitchens are augmented with kitchen appliances from Teka (Germany). The high-quality finishings include Cotto tiles and Daikin air conditioners. The bathroom fixtures throughout are from American Standard.

All living rooms in the apartments have internal surround sound, and wireless internet is routed in the walls. Cable TV has been installed in all units. The entire building is powered by LED lighting only, substantially reducing electricity costs. The building has elevator (lift) access to all floors, and a full HD CCTV system throughout. Covered parking for cars and/or motorbikes can be found on the ground floor, while the rooftop features the swimming pool, pool bar, and stunning mountain and sea views.

Soi Ta-eiad truly is one of Asia’s premier health and fitness destinations. With a multitude of health spas and retreats, detox facilities, conditioning, weight loss and rejuvenation/transformation camps, healthy restaurants (including vegetarian and vegan), health food stores, Muay Thai training camps, mixed martial arts centres, fitness centres and gyms, yoga centres, saunas, massage parlours and juice bars, this street has absolutely everything a health and wellness tourists could want.

Given the high standard of the apartments, and with such a vast array of amenities right on the doorstep, it is easy to see why these apartments have proven to be so popular. They are easily the highest quality accommodation to be found in this area, and the occupancy rate reflects this, with units rarely ever sitting empty.

Situated only 15-20 minutes’ drive to Nai Harn and Kata Beaches – two of Phuket’s most stunning beaches – and 45 minutes from Phuket International Airport the location is also convenient and easily accessible.

Rental Income: Since opening for business, all five suites have been fully rented with hardly any days on which rooms sat empty between guests. There is a huge demand from renters, and a  shortage of quality accommodation in that area. In fact, the complex is regularly forced to turn away  enquirers/potential customers.  Full rental accounts are available on request, as are the 3-year future projections.