Developments

Natai Beach selling beachfront lifestyle
by Thailand Property Report

Thailand Property Report
Natai Beach selling beachfront lifestyle
http://www.property-report.com/archives.php?id=677&date=0610
Asia Property Report

A developing area in Phang Nga province, just 10 minutes north of Phuket, is rousing the interests of builders and buyers looking for the ever elusive paradise swath of beach. Natai Beach, a 2km stretch of practically untouched beachfront, is set to become one of the most exclusive seaside addresses in Thailand, according to local agents and developers.

"Natai is what we like to term an absolute beachfront property," said Nick Anthony of Indigo Real Estate, the Phuket outfit that has been promoting Natai for about 2 years. "Unlike Phuket, which was developed with commercial zones built back from a beach road, Natia will be developed for residents, as the access road is built a good distance back from the beach."

Anthony said that this will allow private structures that go right up to the sand. "When people think about moving to Thailand the first thing they think about is beach front. This is difficult to find in Thailand. Natai sells this type of lifestyle."

Anthony explained that this former shrimp farming community is taking off big time with perspective buyers coming in from all corners. He said that in the past two years over 50% of the beachfront properties have been snapped up by private developers, and prices are rising to be in line with Phuket at Bt15 million/rai for seaview lots.

He also said that the beach has attracted an eclectic assortment of world-class architects who are designing small developments that are geared away from the low-end tourist trap, and cater wholly to the very high-end buyer that wants privacy.

"Private homes and small condo developments are being built by architectural firms such as Original Vision, Tucker Bishop and Branko, to name a few," said Anthony. "A good percentage of private residences are being built at US$2 million and up."

One development, the Natai, presents a mixture of beach and ocean view villas and ocean view lofts. It is designed by Paul Raff Studio, an internationally-recognised leader in architecture, design and strategic planning. Units will include private elevators, floor to ceiling glass to maximize the ocean views, expansive front and back terraces and garden walls as a barrier against the tropical heat.

"It's not the site that finds the architect, it's the developer," said Raff. "And developers in Natai are pretty much sparing no expense in finding international architects that will join their vision of highlighting an amazing real estate product."

Raff, who has had a hand in redeveloping Barcelona's waterfront, and has led the designing of the present Chinese Vice-President's house, swears by Natai Beach's stunning scenery. "There is a lot here that will attract up-market developers and architects. Once The Natai is built (its launch date is slated for November) you will see a lot more top-class developers and architects doing the same sort of thing."

He also mentioned that good golf courses and the international airport at Phuket, is a huge investment draw. Raff also noted that the beach will do well catering to the growing amount of well-to-do tourists who want peace and quiet away from the racy action and bar scene in Patong.

"We're making the most of the space at The Natia," he said.

Another development that is up and underway is the Aleenta Phangnga, the second sister property of Aleenta Pranburi, muted as Thailand's first boutique hotel.

With just 15 suites and 15 villas, most units offer private plunge pools. One of the first developments to take off on the beach, its official launch is scheduled for this month.

"When we started the surveying for the second Alleenta, we were looking for a piece of land that was away from it all. No noise, yet close enough to all Phuket's facilities. We found this at Natai Beach," said General Manager and MD Anchalika Kijkanakorn.

"Phase one and phase two are completely sold out. We may build a phase three," she said describing the tremendous success they have had with this property. Villas that sold for Bt35 million a year ago are now selling for Bt48 million.

"A year from now, all along the beach there will only be houses, condos and villas that are worth from one million dollars and up," said Kijkanakor. "The beach is just the right size that there will never be enough land or people to welcome go-go bars or discos. But it's big enough that you will never see anybody on the beach. Natai is for small crowds of people, or families."

"Natai is development for residences," said Indigo's Anthony, whose company has been the main agent responsible for turning over properties. "Everything that has become available along the beach has been snapped up immediately."

"And with a boat pier being built at the northern tip of Natai to accommodate pleasure craft and scuba boats going to diving-rich waters of the Similan Islands, it is only going to get better." Author Contact Info: Thailand Property Report
http://www.property-report.com

Author Contact Info: Thailand Property Report
http://www.property-report.com/archives.php?id=677


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