Baan Yamu meets shift in Phuket’s market

While Thai property has kept its appeal, demand has shifted to create a new profile – which can be seen in Baan Yamu Residences, a fully built, seafront development on Phuket’s East Coast.

With a mix of low-density condos, villas and penthouses on extensive landscaped grounds, Baan Yamu responds to several key trends – longer stays, attractive financial packages and guaranteed returns combined with hotel-style services and a minimal environmental footprint.
Baan Yamu also answers the perennial demand for beachfront access, great sea views and top amenities. 
Thailand’s enduring strength as a destination is reflected in 55% of its tourists being return visitors. Thailand’s leading resort island of Phuket has generated even more loyalty and enthusiasm from its visitors, brushing off the tourism slump with high occupancies and a growing roster of international airlines flying into its airport.

Phuket’s appeal for long-staying overseas residents was recently endorsed by Fortune Magazine, which named the resort island as one of the world’s best place to retire.

To suit the needs of these visitors – coming back more often and staying longer – Baan Yamuhas embraced the model of a serviced apartment.
Residents can enjoy a full range of services from Twinpalms – a well-known local hotel management company – which also opens up impressive investment returns. By taking up a guaranteed rental income programme, owners can expect to recoup 70% of their investment in just five years though a combination of rental returns and capital appreciation.
The trend in Thailand’s market towards serviced residences has also inspired developments by Marriott, Banyan Tree and Sofitel. Baan Yamu, like its counterparts, caters for foreign buyers drawn by Thailand’s unique combination of first-world amenities with an exceptionally affordable cost of living.

Baan Yamu’s appeal as a serviced apartment is enhanced by substantial financial incentives. Buyers can access developer financing of up to 50% of their unit’s price.

Purchasers are also guaranteed an annual net return of 6.5% of their unit’s value for five years if they make no personal use of their property – an incentive that can alternatively enjoy as an immediate 25% payment.
Buyers who only occupy their unit for four weeks in the off season gain a guaranteed net annual return of 5.5% or an immediate discount of 20%.

To attract real estate investors, Thailand’s government has recently introduced an investment visa. This provides a permanent right of residence to anyone spending 10 million baht – about €200,000, $300,000 or £180,000 – in property and/or bank deposits and state bonds.
A retirement visa is also open to anyone aged over 50 with funds of 800,000 baht (€16,700, $24,000 or £15,000).
Baan Yamu draws these long-term residents with a location that offers seclusion as well as easy access to amenities – sophisticated malls, world-class healthcare and highly rated international schools as well as dining, yachting, beachlife and globally renowned golf courses.
The demands of sophisticated residents are met by Baan Yamu’s location in ‘New Phuket’, the pristine East Coast. Development here has been much more recent, more sensitive and much lower density than in traditional destinations like Patong.
Baan Yamu’s neighbours on the exclusive Yamu peninsula share its commitment to great design that preserves the coast’s natural beauty. Talents of the calibre of Philippe Starck have worked on nearby projects.

But being on the East Coast also lets Baan Yamu combine a privileged location with a highly affordable price starting from 85,000 baht per square metre.

The trademark style of architect Martin Palleros provides spacious residential units carefully integrated with generous grounds. About 70% of the development is green space and only 30% is occupied by buildings.

Low-rise 2 and 3 bedroom garden duplex condominiums look over an Olympic-length swimming pool. Their spacious interiors feature luxury touches such as double-height ceilings and recessed baths.

Bay-view penthouses, accessed by private lifts, look out across the magnificent island-dotted Phang Nga Bay and feature built-in Jacuzzis on their generous covered terraces.

Baan Yamu’s broad selection of units is completed by pool villas, new courtyard villas and executive villas. Two-bedroom pool villas have over 170 sq m of living space and feature private pools, bedroom balconies and 25-sq-m covered terraces.
New Courtyard villas have three bedrooms and over 300 sq m of living space. Bedroom balconies look over private swimming pools enhanced by private salas and timber decking.

Executive villas provide complete the top end of Baan Yamu’s offer – a fully bespoke solution on between 1,600 and 3,200 sq m with luxury features such as in-house gyms, wine cellars, snooker/media rooms and underwater pool hi-fi.

Baan Yamu’s prices range from 12,830,000 baht for a two-bedroom duplex unit to 95,000,000 for an executive villa.
With its combination of compelling lifestyle appeal with solid investment returns, Baan Yamu ranks among Phuket’s most attractive real estate. For more information including financial projections visit the site or contact Company Vauban at contact@companyvauban.com.
www.baanyamuphuket.com

Project Overview

Units
2-bedroom duplex condo with 177 sq m living area from 12,830,000 baht
2-bedroom Bayview Penthouse with 230 sq m living area from 22,990,000 baht
3-bedroom duplex condo with 269 sq m living area from 20,990,000 baht
4-bedroom New Courtyard Villa with 555 sq m living area from 35,000,000 baht
4-bedroom executive villa from 75,780,000 baht
Amenities

• Swimming pool
• Clubhouse
• Restaurant
• Reception and 24 hour security
• Fitness centre and spa
• Tennis court
• Lobby with reception

Financial incentives
-       50% developer financing
-    Rental guarantee of 6.5% net annum for five years or 25% immediate discount
-    Annual rental return of 5.5% - or 20% discount – with limited use of property

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