Issue 15 | Feature brought to you by Riviera Residence Karon Phuket
Buying property is the single biggest purchase most people make in their life. It is therefore vital to be confident that the property suits your requirements when making an investment. To draw to this conclusion, location and quality tend to be of paramount concern, however more recently new condominiums attached to a hotel brand provide a level of assurance that investors seek as the backing of a hotel means that due diligence has already been executed to meticulous standards.
The Riviera Residence Phuket has attracted the interest of a hotel brand, but not just any hotel that has stuck their name on the development as a marketing ploy, but the Radisson. An international brand recognised worldwide for its impeccable service and tasteful style. Winning a contract from Radisson is no walk in the park, it is about getting all elements of the building spot on from selecting the right architects to choosing the colours on the wall.
Every property who endeavours to become associated with Radisson is required to comply with their management agreement. A comprehensive list of a hundred points ensures that the property matches their specific brand values. Riviera Residence Phuket has achieved this by enlisting a host of specialists such as employing the architectural services of an internationally renowned architect who were behind the Shangri La and W hotels.
Situated on Phuket’s hills with elevated views over Karon Beach, Riviera Residence Phuket not only meets with Radisson’s strict criteria but comes with many other added benefits for the residents to enjoy. Despite sitting on a sprawling plot of 40 rai, only 30 percent will be built on leaving the rest to remain as it is to supplement the heavy accent of Riviera Residence Phuket’s jungle feel. There is even an adventure eco-park, a course of series of activities that include zip lining and rope swinging to enjoy the nature of this unique setting.
Radisson will look after all the estate management that includes maid services, cleaning and gardening. Condominium owners will have the added perk of being able to use the hotel’s facilities that are exactly what one would expect from a highend hotel brand, some with a twist. The Forest Spa will tie in nicely with the jungle theme at the hotel and is available for condominium residents to use at a subsidised rate, plus the condominiums owners can lap the 50-metre hotel pool should the 25-metre condominium pool not suffice.
Due to building regulations that restrict properties from being built 80 metres above sea level, Riviera Residence Phuket enhances its concept of a very low density project. Norbert Zuber, sales director at Riviera Residence stated that, “The property has been designed for people to breathe and move around. We want to ensure that each unit is very liveable so everyone can enjoy every aspect of it”. This is why the smallest unit is 56 square metres, and that there are only 65 units in the condominium and just 138 rooms in the hotel. There is space for everyone.
Nothing could provide an investor with more confidence than the knowledge that a brand like Radisson has committed to dipping its feet into Riviera Residence Phuket with a 15-year management agreement. It stresses minimal risk and forms trust. It is no wonder that 12 percent of Riviera Residence Phuket has already been sold before the official sales launch.