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Posted: 02 Jul 2012 | 1:33 pm
Wonder if Phuket still has the drawing power for the rich and famous of the ultra villa set?
A check at the thirteen villa Andara Signature project has 5 sales with another two offers on the board after just six months.
It's not cheap living on Kamala's Millionaires Mile with prices at "AS" commanding a breathtaking USD6.6 to 8.2 million.
The Zeman-effect is still lingering at the original Andara estate with 5 resale's in the past two years, and resulting capital appreciation up over 30% per annum.
Daniel Meury is reporting growth in villa rentals with pooled returns up considerably higher than a year ago.
Meanwhile Andara Signature is set to rise out of the ground, funded by Zeman, rain, shine, sales or not.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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