Phuket Karon Residences offers buyers 73 luxury sea view villas and condominiums set between the ocean and the centuries-old rainforest. The Residences share the vast 16 acres (40 rai) site with the 138 Key Meliá Phuket Karon Hotel. Owners benefit from the full services and property management provided by Meliá Hotels International, the world’s largest “resort” management company.
Nestled on a tranquil hillside on the sought after western coast of Phuket, this opulent paradise boasts incredible facilities, including magnificent swimming pools, a luxurious 800sqm forest spa, elegant bars and restaurants, a beach club, and the resort’s acclaimed nature park, set against a rainforest backdrop with Phuket’s most stunning panoramic sea views.
1 Bedroom Ocean View Residence
Thee One-Bedroom Residences are located on either the ground or first floors of our 3 low density, 2 storey condominium buildings. Each One-Bedroom Residence enjoys stunning ocean or mountain views. These spacious units feature a fully equipped modern kitchen with concealed refrigerator, built-in oven and microwave as well as ample cabinets and storage space. The open plan living area looks out onto an outdoor terrace taking full advantage of the panoramic ocean views. The 3m high ceilings adds volume to the airy layouts. Feature floor to ceiling sliding doors, made by the internationally acclaimed Underwood Art Factory, lead into the grand master bedroom and bathroom.
10 Years Rental Program
The Program is an optional scheme designed for those owners and investors looking to maximize their rental returns while not in residence. On offer is a generous 7% rental guarantee for the first 3 years followed by a further 7 years of managed rental pool. During the 7 years of managed rental pool, the hotel operator will divide the total room revenue derived from the rental pool on a 40/60 basis – 40% paid to the owner and 60% will be retained by the operator.
This commercial structure is an improvement on the 50/50 profit share used in other projects in Phuket as conflicts always arise from the lack of transparency on operation costs and expenses.
A top-line revenue split removes this uncertainty and protects our buyers and residents. From the operator’s share, all operating expenses will be paid. Such expenses will include (but not be limited to) utilities, marketing, salaries, cleaning equipment and all other necessary expenses in order to operate the rental program in an efficient and proper manner. The rental program partners with the Meliá Hotels and Resorts and their worldwide reservation network. It also includes check in/out services, maintenance, upkeep and cleaning, as well as management, all assured.
