The Bay: The Palm Springs of Phuket
Posted by — March 26, 2006
LONDON (20 March, 2006) - Reminiscent of Palm Springs architecture of the 1950's, The Bay is an outstanding private development with only 17 pool villas in an unrivalled location on the east coast of Phuket, Thailand.
Perched on the top of Cape Yamu and overlooking Phang Nga Bay’s Islands and Sappham Bay, the villas, designed by Hong Kong’s renowned architects K+K International Limited, offer mesmerizing sunrise and sunsets. The orientation and design maximizes views and interactivity with the pool and sun through large sliding glass panels.
The villas will adjoin the Cape Yamu development, which is designed by Philippe Starck’ Yoo by Starck and Jean Michel Gathy. Featuring The Yamu a five-star boutique hotel with fine dining restaurants, a club house and international deli, The Bay residents will be able to take advantage of a unique lifestyle. The Yamu hotel is expected to open in line with completion of The Bay estate at the end of 2007.
“Cape Yamu and the east coast in general are the upcoming hotspots of property investment on Phuket," says Indigo Real Estate director Nick Anthony. “The area will develop into a desired location and part of the drive will be the opening of The Yamu boutique hotel which will attract both residents and holidaymakers to the serenity of this location."
Nick Anthony continues, “Value of properties remains at 30-50% below west coast Phuket properties but we strongly believe values will equalize during the next four years."
The Bay villas come in three different designs on plots between 900 and 2000 square meters. With an internal floor space of 415 square meters, the Phang Nga villas, which have double aspect (east and west) sea views of Phang Nga Bay and its many islands as well as Sappham Bay. The Sappham Bay villas - 382 square meters of indoor living, will be overlooking Sappham Bay and the sunset - and the Water’s Edge villas, with 260 square meters of floor space, have sea views to the south and west. Other design features of the 3-bed villas include a pool and expansive outdoor decking, high quality fixtures and fittings, master kitchen and kitchenette, en-suites, powder room, maid’s quarters, decorative pond and tropical landscaped gardens.
Due to Thailand’s current foreign ownership of land laws, The Bay land leases are 30 years with two prepaid 30 year extensions to protect the investors.
The Cape Yamu area is populated by friendly coastal Thai fishing villages. The special advantage of this peaceful region is the close proximity to all major facilities and conveniences: Phuket International airport, major shopping centres, cinemas, fabulous restaurants of Thai, seafood and global cuisine, world-class golf courses, boat marinas, night-life and the surf beaches of the west coast all are within 10-20 minutes drive. Also quite handy is the Sarasin Bridge - gateway to Thailand’s mainland of lush national parks and waterfalls.
Prices at The Bay starting at US$650,000 (£370,400 subject to currency fluctuations).
For more information on The Bay as well as other developments are available from Indigo Real Estate, please call 020 7095 8702, or visit www.indigore.com.