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The resort island is the perfect blend of boutique luxury and relaxing tranquillity. This resort has 236 light and airy rooms and suites that all face into the central pool area, some even with direct pool access.
The hotel is well-equipped with a modern gym, spa, and facilities. The resort is situated on an isolated private island with 10 minutes speed boat from Phuket. This great property, along with all the amenities and facilities offered, makes this Village Resort and Hotel Phuket one of the places for investors with an expected yield of 8% for a self-contained resort on a private island with room to grow.
More about the resort
The resort has also won awards in Y2011-2015. The hotel is well known in the Chinese market and caters to Virgin UK, Luxury escapes and Flight centre Australia, Hotel beds – Europe. VMG operates 236 villas which are aligned with the license obtained from the Ministry of Interior (Thailand).
This resort for sale has a unique proposition as it is only located 1km from Phuket mainland. The island also has its own dock and the purchase will include 7 boats (asset value 16 mil) that take care of the guest 18 hours a day running every hour.
Included in the resort are three main restaurants, Japanese, Italian and Thai all of which are open 6 am-10 pm with the highest quality and most incredible foods.
Three swimming pools surrounds the complex, one with sliders and perfect for children and families also looking to vacation on a Thai island.
Guests can also take full advantage of the spa and wellness which can accommodate 15 people at any one time and include 2 saunas.
The resort is also able to host conferences and weddings. The main lobby is 600sqm of which 300 SqM is for future conversion and could accommodate 150 guests easily. Under the lobby, the existing meeting rooms fit 90 people while the upper level can be renovated and accommodated for another 75 people.
With the widest beachfront of 250 meters, the resort received a high valuation from Collier of THB 2,512 million (in Y2019) Land appreciation of 15 per cent per annum.