Exclusive to Find An Overseas Property
The northern Thai province of Chiang
Mai ranks high among sophisticated travelers and expatriate
residents because it's one of those rare places that offer
the best of old and new. Ancient temples, fine handicrafts
and quaint mountain villages cluster amid world-class spas,
dining and golf- most of it within a 20-minute drive of the
international airport.
Now a new collection of luxury villas caters to people who want this same invigorating balance in a Chiang Mai home. The feeling of balance begins with the architecture, which combines European modernist style with Asian references and materials.
Each of Azaya’s dozen villas is heralded by a steep, timber-shingled roof that sweeps low to the ground, recalling northern Thai and Laotian Buddhist temples. The roof shelters a high-ceilinged living room laid out asymmetrically amid Zen-inspired gardens, lily ponds and swimming pools.
Each villa has an original design ranging from two to five bedrooms with large private gardens extending to more than one rai (1600m2) of land. The secluded development has its own tennis court, gym, spa and services like housekeeping, gardening and chefs.
Azaya’s prices, while representing the top-end of the Thai marketplace, offer very good value. The villas compare well to bungalows renting for $1,750 per day at the nearby Four Seasons Resort. There is a rental management service offering to help owners to let out their villa while away, with projected returns of 13% to 20% per year on the full investment. That makes this a vacation home that works hard for its owner.
Azaya stands on its own to capture the exclusive rental
market for those seeking private villas that offer a greater
level of luxury, space and privacy- all at less than 50% of
the competing rates.
- Azaya is the first luxury residential development
in Chiangmai surrounded by waterfalls, nature reserves
and orchid farms. Its meticulous attention to quality
and detail makes it resort-style living at its finest.
- One of Thailand’s most talked about design concepts,
Azaya is also one of Thailand’s best opportunities
for investment. With expected annual returns
up to 20%.
- While the hotels above are exceptional, the amount
of space, privacy and luxury offered at Azaya truly
puts it on its own level.
- With this in mind, it would make sense that Azaya
could price itself above the rates being offered at
nearby hotels. However, Azaya focuses on maximizing
occupancy rates by offering more for less. Even
at 50% of its competitor’s daily tariffs, Azaya’s annual
yields are expected to reach 20%. Azaya expects a full
return on investment within seven years as well as excellent
potential for capital appreciation.
| No. |
Price
US $ |
Price
GBP* |
Bed |
Bath |
Land
m2 |
Indoor
m2 |
|
| 1 |
780,000 |
408,720 |
3 |
4 |
1323 |
304 |
|
| 2 |
1,100,000 |
576,400 |
4 |
5 |
1993 |
428 |
SOLD |
| 3 |
1,100,000 |
576,400 |
4 |
5 |
2174 |
390 |
|
| 4 |
990,000 |
518,760 |
4 |
5 |
1963 |
392 |
|
| 5 |
490,000 |
256,760 |
2 |
3 |
1089 |
187 |
SOLD |
| 6 |
1,200,000 |
628,800 |
5 |
6 |
2072 |
463 |
|
| 7 |
990,000 |
518,760 |
4 |
5 |
1786 |
424 |
|
| 8 |
890,000 |
466,360 |
3 |
4 |
1658 |
356 |
|
| 9 |
870,000 |
455,880 |
3 |
4 |
1515 |
355 |
SOLD |
| 10 |
780,000 |
408,720 |
3 |
4 |
1389 |
303 |
SOLD |
| 11 |
740,000 |
387,760 |
2 |
3 |
1184 |
278 |
|
| 12 |
780,000 |
408,720 |
3 |
4 |
1302 |
301 |
SOLD |
* GBP approx. price at 20.09.2006
Comparative Rental Properties. Two of the exceptions
to traditional style hotels offer two bedroom bungalows are
The Four Seasons Resort: USD $1750.00 per day and The
Mandarin Oriental: USD $1275.00 per day.
Don’t wait to make your enquiries – they are
selling fast !
Read more about the island of Chiang Mai here
Read more about the country of Thailand here
Like what you’ve seen so far? - Register
your details and our specialist on Thailand will contact
you to explain the next steps to owning your dream property.
|
|
| Mouse-over to expand image on
this page. |
| Click on image to open a larger
view in a separate window. |
 |
 |
| |
|
 |
 |
| |
|
 |
|
| |
|
|
Exclusive to
Find An Overseas Property
|
Change your currencies at superior rates !
