MontAzure has revealed the latest phase of its development, MontAzure Lakeside, situated on Kamala Beach, Phuket, which will eventually turn into the first MGallery Residences in Thailand. The project itself is a collaboration between three of the most prestigious properties and hotel investment groups in Asia which are ARCH Capital (Hong Kong), Narai Group (Thailand), and Philean Capital (Singapore).
The concepts are focusing on quality lifestyle-related features, telling a unique story inspired by the destination, and offering personalized services, making guests’ stay memorable and magical.
The estimated prices at MGallery Residences, MontAzure Lakeside will range from THB 7.2 million to approximately 10 million with freehold ownership and rental programme, allowing additional income to be generated. The investment value of the area itself is constantly being increased, along with the quality of the nearby infrastructures, making it one of the best destinations for a vacation.
MontAzure covers 72 hectares of mountain to beachfront land on Phuket’s west coast and only 35 minutes away from the Phuket International Airport. MontAzure Lakeside includes private luxury estates, waterfront apartments, retail malls, and wellness offerings.
MGallery Residences MontAzure Lakeside is located in the heart of MontAzure. It features a stylish, low-density residential resort community with lush greenery and waters. Displaying 16,000 sqm of gardens and lakes with elegant water features cascading through its grounds. The residence features contemporary and environmental design, incorporated with modern amenities. With a total of 236 spacious studios and one-bedroom residences, some of which overlook panoramic views of the lake, mountain and sea. To some, it might not be enough - which is why the option of combining units is available in order to create larger spaces.
An exclusive community is available, some of which include Café del Mar Ibiza which will be the first branch opening in SEA, Twinpalms Residences, and HQ Beach Lounge Restaurant. A rental programme is also available for those who desire to post their property for rent. However, the owner may only stay for no longer than 45 days per year. Either way, MGallery will provide the owners with the profit yield of 5-7% per year besides the profit made from the rent.
Residents are eligible for participation in the Accor Ownership Benefits Program, which provides VIP status and recognition on a global basis - including Platinum status in Le Club AccorHotels, a VIP reservation desk, automatic upgrades on arrival and 20 percent off the best-available-rate at more than 4,800 hotels and resorts worldwide.