Twinpalms Residences MontAzure are ready to move-in to now and offers buyers a unique, integrated beachfront resort and residential community in Phuket’s last remaining prime west coast location, just steps from the pristine sands at Kamala beach.

Part of MontAzure, Phuket’s latest mixed-use mountain to oceanside development, Twinpalms Residences MontAzure is newly completed and professionally operated by Twinpalms Management, as a resort residence, allowing investors to combine a healthy island lifestyle with healthy returns on their investment.

MontAzure is an exclusive community over an area of 454 rai (180 acres) that currently consists of the following elements:

• Intercontinental Hotel and Resort, Phuket

• Twinpalms Residences MontAzure – 75 beachfront condominium units

• Cafe Del Mare Beach Club

The master plan has also been designed to include eco-sustainable hillside developments including MGallery a low-density resort by Accor Hotel Group, a medical wellness spa and a retirement village, some of which are in the planning stages.

The low-density approach to the site allows for organic community gardens, rainwater harvesting from natural catchment, and adventure and hiking trails throughout a 200 rai (80 acres) protected rain forest nature reserve.

Twinpalms Residences MontAzure provide a rental opportunity for buyers who wish to earn a return on their investment.

To maximize occupancy and deliver hospitality level services Twinpalms Management have been appointed to manage this program and ensure that owners receive the highest possible yield.

However, joining the program is not compulsory and buyers who wish to retain their property for private use may do so.

The developer behind Twinpalms Residences MontAzure is a subsidiary of three of the most prestigious property and hotel investment groups in Asia; Narai Group (Thailand) part of Hua Kee group, Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac Land Group.

The design inspiration behind Twinplams Residences MontAzure is Tierra Design, founded by Martin Palleros in Singapore in 1992. Past projects by Tierra Design include Phuket’s Baan Yamu and Twinpalms Phuket, Villa Mayavee on Millionaire’s Mile in Phuket, The Chedi Hotel in ChiangMai, and the Metropolitan Hotel and Sukhothai Residences in Bangkok.

Twinpalms Residences MontAzure comprises a total of 75 one and two-bedroom units with penthouses having access to a private rooftop and pool. The one-bedroom unit sizes range from 70 to 250 sqm (750 to 2,690 sqft). For two-bedroom units the sizes range from 154 to 400 sqm (1,700 to 4,300 sqft).

Buildings in the resort are grouped as a series of eleven low-rise clusters with private elevators to each floor. The buildings are arranged around one of two generous communal swimming pools and offer intimate views of the beautifully landscaped gardens and inspiring tropical surroundings.

All units feature tall windows and wide balconies to maximize views, and generous rooftop terraces and ground floor gardens allow residents and guests to make the most of Phuket's relaxing tropical lifestyle.

Buyers have the option to make their unit available for renting out by the Twinpalms Management operator.

Should a buyer decide to join the rental program no customization of the unit is allowed. However, fit-out is of the highest international standard and complements the contemporary tropical design of the development and is carefully chosen to suit the location, taking into consideration that some units may be occupied on a short-term basis. Buyers who choose not to join the rental program can customize their units as they wish.

Onsite facilities include a Residents’ Lobby, Restaurant, Room Service, Pool Bar, Gym/Yoga Studio, Spa Pavilions, Library and Lounge, and Outdoor event spaces. Staff are on duty 24 hours a day to assist residents and guests.

Prices at Twinpalms Residences MontAzure start at 15.8 MB (US$498,085, HK$3,882,427, SG$694,714, CNY3,492,423, Euro455,526) for a 1-Bedroom unit with a total area of 81.77 M2 (76.22 M2 internal, 5.55 M2 terrace).

2-Bedroom units start at 34 MB (US$1,073,198, HK$8,365,358, SG$1,496,830, CNY7,524,858, Euro981,716) with a total area of 378.72 M2 (110.09 M2 internal, 35.95 M2 terrace, 232.68 rooftop).

Please contact us for latest promotions including discounts of up to 11 MB for the last remaining units at Twinpalms Residences MontAzure, and guaranteed rental yields of 7% for up to 3-years for investors.

Payment terms for Twinpalms Residences are simple and straightforward. A booking fee of THB200,000 is required to secure your unit. Thereafter 50% deposit (minus the booking fee) is required upon signature of a Sales & Purchase Agreement within 1-month of booking. The remaining 50% payment is due upon legal transfer of the unit within 2-3 months of booking.

As Twinpalms Residences MontAzure is ready to move-in to now the transfer of ownership period can be considerably shortened if required.

The Common Area Management charge for Twinpalms Residences is THB80/sq.m./month and the one-off Sinking Fund payment is THB700/sq.m.

Twinpalms Residences MontAzure provide a rental opportunity for those buyers who wish to earn a return on their investment. Twinpalms Management manage this program and ensure that owners receive the highest possible yield. However, joining this program is not compulsory and those buyers who wish to retain their property for private use only may do so.

The operator divides the total gross revenue derived from the rental pool on a 40/60 basis – 40% will be paid to the owners and 60% will be retained by the operator.  From the operator’s share, all operating expenses will be paid. Such expenses include utilities, marketing, salaries, cleaning equipment and all other necessary expenses in order to operate the rental program in an efficient and proper manner.

From the owner’s share the Common Area Management Fee must be paid (THB 80 per square metre) as well as any taxes levied by the Thai Government. The owner is expected to insure the contents of the unit on an annual basis.

Below is an example of how the rental split is determined:

The owner is entitled to use the unit for 45 days per annum. The owner can utilize those days at any time of the year.

However, the number of days used per stay will depend on the time of the year when the visit takes place. During the summer season (1 May to 31 October) each day of stay will equal one day of own usage. During the high season (1 November to 19 December and 11 January to 30 April) each day of stay will equal two days of own usage. During the peak season (20 December to 10 January) each day of stay will equal four days of own usage. These dates may be adjusted by the operator every year depending on their marketing for the peak season. Should an owner’s occupancy exceed the 45 days, a preferential daily rate will be charged.

During the 45 days of personal use the owner will be charged a daily rate in order to cover utilities and other costs associated with cleaning and maintaining the unit and preparing for the next hotel guest. The daily rate for a one-bedroom unit is THB 600 (THB 1,000 with pool) and for a two-bedroom THB 1,000 (THB 1,500 with pool). The owner will receive a full maid service during those 45 days. This fee will include Continental Breakfast for two persons in the case of a one bedroom unit and for four persons in the case of a two bedroom unit.

If a buyer chooses to join the rental program at the time of purchasing a unit, the unit is obliged to remain in the program for 15 years. Any unit which is not included at the time of purchase can join and leave at the discretion of the owner. However, the unit must be included in the program by no later than 1 July of that year and must remain for at least one year. Should the owner wish to remove the unit from the program at least 6-months written notice must be given to the operator.

The operator provides a full management service for units which have joined the rental program. In the case of units which are not part of the program an arrangement can be made with the operator for management services.

Phuket is Thailand’s largest island and a major Asian tourist destination with a well-developed infrastructure catering to visitors from across the globe. The island is easily accessible by direct daily flights from most regional hubs with links to all major international markets. Phuket International Airport is a 35-minute drive from the development.

Situated in the heart of the island’s sought-after sunset coast on Kamala beach, MontAzure is a perfect location for buyers looking to make the most of Phuket’s sophisticated resort lifestyle.

Kamala Beach is a well-enclosed bay and fishing village surrounded by forested hills and is one of the most beautiful places in Phuket. With its quieter pace, over the last few years, Kamala has become a favoured spot for retirees and other long-term visitors.

MontAzure occupies the Northern part of Kamala Bay and offers the last large-scale beachfront opportunity in the heart of Phuket’s exclusive west coast. On the headland to the south – known as “Millionaire’s Mile” – there are a number of villa and resort developments and easy access to a multitude of nearby attractions and activities, including sport and marine facilities, the historic Phuket Town, retail malls, and vibrant nightlife options.

The opening of Phuket International Airport’s new terminal in 2016 raised the airport capacity from 6.5 million to 12.5 million passengers annually, and Phuket’s popularity as a leading international tourist hotspot has placed it amongst the top 10 leisure destinations in MasterCard’s Global Destination Cities Index with over 13.2 million visitor arrivals in 2017.

Between 2022 and 2025, Phuket International Airport plans to increase its planned capacity to 25 million passengers annually. The Airport currently services direct flights to and from 80 destinations in 24 countries worldwide.

Twinpalms Residences is also within easy reach of the planned Phang Nga Andaman International Airport due to open in 2025. The Proposed Phuket Second Airport will further support the Northern part of Phuket island’s undoubted tourism potential and help accommodate 10 million additional passengers by 2025.

Phuket Light Rail is also due to start construction in 2020 and is expected to be operational by 2024. The line will run from North to South and will be 58.5 kms in length with 23 stations serving an estimated to serve 68,000 passengers per day.

• Invest in a leading Phuket resort with the option to generate income and stay up to 45 days each year

• Full management and direct rental income payment minimizing investment oversight

• Secure Investment – managed by an established hotel group with the backing of international developers

• Flexible self-usage terms and additional Twinpalms benefits and privileges for all owners.

• Fully furnished, fitted and equipped according to the International brand standards and specifications of Twinpalms management if required.

• High rental yield and capital appreciation projection due to scarcity of beachfront land in Phuket.

For further details including floor plans and latest availability please contact us at info@richmonts.com, call or WhatsApp +66 (0)86 533 6789 or complete our enquiry form.