Friday, September 7, 2007

Strong sales at ’The Chava’

Strong sales at ’The Chava’

The Chava, the luxury apartment on Surin Beach, Phuket has received a lot of positive feedback from holiday home buyers and investors, with 65% of the units sold despite the recent property market slow down.

The luxury apartment market in Phuket is continuing to be strong compared to other segments and has become popular among holiday home buyers and investors who would like to buy a holiday home to suit their lifestyle and also earn from a rental return.

Mr. Larry Cunningham, CEO and developer of The Chava said: “We launched The Chava in May last year and have achieved sales of over 65% in fifteen months. Even though the Phuket property market has experienced a recent slow down, we continue to receive interest and positive feedback from potential buyers. We are confident that Phuket is still the most popular holiday home destination in Asia and buyers continue to show interest in buying quality apartments in prime locations”.

”The sales of our project was not only driven by the trend of increased interest in luxury apartments. Buyers and investors consider key factors such as location and quality before making a decision. At The Chava, apart from the great location on the popular Surin Beach, we invested a lot of time and money on architecture and design, and ensuring that all details of the residence are of the high quality our clients expect” Mr. Cunningham added.

The Chava project is worth 800 million baht and covers three rai overlooking Surin Beach. Surin Beach is an area well known with wealthy holiday makers from all around the world. In the nearby area of The Chava are high-end resorts such as Amanpuri, The Chedi, Twin Palms and Laguna Phuket. From the site, it takes only 10 minutes to golf courses, 15 minutes to marinas, and 15-20 minutes to entertainment, shopping centres and Phuket town.

The Chava recently launched the display apartment showcasing the quality and finishing of its unit and allows clients optional finishing or decorations for their own apartment.

The Chava consists of 45 contemporary, luxury apartments set within 5,000 sqm. of lush tropical gardens, which have been design by internationally acclaimed Paradise Designs. The Chava offers 16 unit types ranging from 151 - 332 sq metres with two to four ensuite bedrooms. Prices start from 15 million baht per unit. Ground floor units enjoy private gardens with plunge pools and the penthouse units enjoy superb sea views across Surin Beach.

In addition to a high quality build and superb architecture and design, The Chava also offers 24-hour service with concierge, valet parking and security surveillance.

All apartments include modern comforts of home and the latest in WiFi technology. Apartments are designed to create an interior courtyard sanctuary set around a magnificent 35 metre swimming pool with in pool daybeds, giving a resort-style apartment feel.

The Chava combines a distinctive lifestyle with a superb investment opportunity that maximizes both personal and financial returns. The Chava has appointed a leading property management group to manage and maintain the apartments and facilities to international five-star standards, making the investment safe and generating a return.

The project will be completed in mid 2008. The display apartment is available for inspection every day at The Chava, Surin Beach.

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