Regent Bangtao targets Phuket holiday rentals

PHUKET: Expats in Phuket live in a tropical paradise, yet many work full time. Holidaymakers surround them while they divide their time between home and the office. Phuket can be a strange place to live – not to call it schizophrenic – but this dual character of island life comes with a distinct benefit, and The Regent Bang Tao is here to capitalize on it.

A popular online meme claims that travelling is the only thing in life which you spend money on that still makes you richer.

I disagree: investing in property in Phuket is, and for many it is a great way to generate a stable source of income while enjoying a tropical residence.

Phuket’s near-constant influx of holidaymakers provides local property owners an endless customer supply, not just for long-term rentals but also for highly profitable vacation rentals.

And it’s the customers looking for property as an investment opportunity that The Regent Bang Tao is focusing on.

Located on a quiet three-rai a stone’s throw from Laguna Phuket, The Regent Bang Tao consists of two

buildings that are home to 170 units in four designs: studio (43sqm); one bedroom (86sqm); twin suite, two bedrooms (114sqm); and deluxe two bedroom (140sqm).

“More than 100 units, about 70 per cent of the project, have already been sold. Most of them are studio apartments,” says Pisuttisak Ema-suwan, Regent Bang Tao manager.

Unit owners can enjoy the range of hotel-like facilities, including swimming pool, fitness center, 24-hour security and key card access – all of which are quickly becoming standard in Phuket condominiums.

What makes the project special, though, is what it offers guests on short-term stays – namely 24-hour
reception, buffet breakfast and all the facilities and services that holidaymakers require, inclusive of motorbike rentals and tours programs.

Staying at Regent Bang Tao will feel like staying at an elegant hotel, but with more a homey feel.

“We provide two separate offices: one for the owners and one for people on short-term stays,” explains Mr Pisuttisak.

“A reception is here to provide all types of services required by short-stay guests, such as vehicle rentals and tours.”

For the convenience of the units’ owners, investment and rental packages are provided.

The former offers a guaranteed return of 7 per cent per annum for the first three years, while the latter spares owners the trouble of providing their apartments’ guests with all the necessary amenities.

“Not only are all the units fully furnished, but we also provide a package for rental investment with in-room amenities, including bedsheets, kitchen utensils and so on. The apartments are ready to move in,” Mr Pisuttisak adds.

All this in tastefully designed surroundings, which provide a relaxing ambiance with of subdued earthy shades, as well as plenty of green space all around.

For more information visit TheRegentPhuket.com.

— Maciek Klimowicz