A Swedish developer has joined a list of luxurious condominium units along the premier vacation gateway Phuket in Thailand.
The Mandala Condominiums on Phuket´s west coast will soon be ready for occupancy among vacationers in Phuket.
Approximately 400 metres from popular Bang Tao Beach and next door to the five-star Laguna Phuket resort complex, golf course and facilities, Mandala Condominiums is the latest addition to this upmarket neighbourhood.
The developer of the property decided to invest in Phuket to offer reasonably priced, spacious condominiums in the Bang Tao area.
With a total area of 564.16 sqm, the Penthouses have a vast terrace area (265.84 sqm) offering a true ´outside-inside´ living environment, while all units have private swimming pools.
Only six months ago, many Phuket condominiums were being touted at prices well over 100,000THB/sqm. A number of these have sold well (and continue to sell well), while others are baring the brunt of the current economic crisis.
At Mandala Condominiums, the lowest priced unit is offered at 57,000THB/sqm (353 sqm.) while the Penthouses are only 58,000THB/sqm.
Source: www.news-realestatethailand.com 13 June 2009
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