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The Phenomenon complex is situated just 300 meters from the popular tourist beach of Kata, and a leisurely walk to the shoreline takes no more than 3-5 minutes. Currently, the Kata area ranks among the top three most visited tourist destinations in Phuket. Despite its modest size, this area is fully equipped with tourist infrastructure, including restaurants, massage parlors, banks, pharmacies, bars, shops, tourist agencies, and souvenir stalls. The beach itself, stretching approximately one and a half kilometers, ensures the area's popularity. Its dazzling white sand, crystal-clear water, and year-round summer weather allow tourists to enjoy comfortable stays here regardless of the season. In the northern part of the beach's waters lies a colorful coral reef, ideal for shore diving. From May to October, the waves reach a height suitable for comfortable surfing, with the Quiksilver World Championship taking place here in the autumn. Additionally, the Kata Surf House training center, equipped with an artificial wave generator, provides a safe environment for aspiring surfers to learn their skills.
The plot of land where Phenomenon will be built is situated on a slope in the southern part of the beach. The unique terrain allows for magnificent views from most of the apartments in the complex. In addition to the stunning landscape, this plot is the last available for development in the area and at such a distance from the shoreline. This significantly impacts the future capitalization of the property. It's worth noting that on the island of Phuket, there are strict restrictions on land distribution, with only 15% of the island's territory designated for general development. This fact directly influences the continuously rising cost of land on the island.
The area of the land is 8 rai (13,800 square meters), and the plot itself has a significant slope. It is located just under 300 meters from the shoreline, allowing one to cover this distance on foot in less than 5 minutes at a relaxed pace. Along the way, there are numerous shops, food courts, restaurants serving various cuisines from around the world, massage parlors, a bank branch, currency exchange offices, clothing stores, stalls selling fresh Thai fruits, seafood vendors, pharmacies, and bars.
Phenomenon is a complex consisting of 8 condominiums (separate residential buildings with their own infrastructure and pool), 27 townhouses with panoramic views, and a separate hotel building. The total number of units in the complex is 390.
The complex features a central entrance, a large underground 2-level parking facility, and organized internal logistics facilitated by golf carts. The hotel building is located directly at the entrance to the project, followed by the condominium buildings, with the townhouses situated at the highest point.
Each condominium building has its own unique shape, and their positioning at different angles allows for additional perspective and improved views. The majority of the space between the buildings is designated for pedestrian use only, ensuring maximum comfort and safety for residents' movement within the complex. A particular focus is placed on creating a barrier-free environment in the internal spaces, which is an innovative solution for Phuket.
Within the hotel building, there will be a TOP's supermarket, the absolute leader in grocery retail in Thailand and a part of the Central Group Thailand holding. TOP's supermarkets focus on selling local and imported food products, household goods, and everyday essentials. Phuket9 has already partnered with this company and opened a TOP's supermarket in its Rawayana Beachfront Village project in Rawai at the end of 2023. According to analytics, within the first three months of operation, TOP's in Rawai topped the network's rankings in Phuket in terms of revenue and customer experience.
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Thai real estate development company that has been active in the real estate market since 2004. In 2018 company include main office in Phuket and three branches in China. There are more than 250 people working under Phuket9 branded projects. The main company’s activity still remains real estate development. The future of Phuket9 is hotel management and investment property management.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale. In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property, you have to follow these steps:
Payment Schedule Installment Milestone Payment Deposit Immediately £2,320 1st Installment 1st payment 30 days after deposit 50% 2nd Installment 2nd payment 20% 3rd Installment 3rd payment 10% 4th Installment 4th payment 5% 5th Installment 5th payment 5% 6th Installment 6th payment 5% 7th Installment On handover 5%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements, but they are usually easy to obtain.