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Nai Thon "Golden Mile"Luxury Villa Sales Top USD20 Million

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Posted: 08 Jul 2011 | 4:31 pm

Property sales high season in Phuket is experiencing some breakthrough transactions at the top end of the market.

Nai Thon's "Golden Mile" has seen transactions in excess of USD20 million over the past few months.

Istana has just transacted a six bedroom ultra villa for USD6 million. The transaction originated with Phillip's Real Estate.

While at nearby Malaiwana, four properties have been sold since April.

Emerging upscale address Nai Thon includes Malaiwana, Istana, Trisara along with the Pearl of Naithon and new hotels under development under ACCOR's Pullman brand an InterContinential's Hotel Indigo.

Bring on the Golden Mile which is shaping up as a key competitor to Kamala's vaunted Millionaires Mile.

Also on the luxury coconut wireless we've heard encouraging signs from Koh Samui, where news is expected shortly over a banner multi-million dollar property trade.

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The big difference, is that the nai thon area actually has two of the finest beaches on phuket and with the new Maliwana restaurant and beach club this could be finest real estate on the island for the west coast and The Yamu Private Residences at Cape Yamu on the East Coast.n Keep up the good news

Willam, 15 Jul 2011 | 1:32 pm

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