M Gallery Residences Montazure – Larger Studio

Description

Nestled along the sought-after sunset coast of Phuket’s Kamala Beach, MontAzure presents an ideal destination for those seeking to immerse themselves in the island’s refined resort lifestyle. The latest jewel in the MontAzure crown, MGallery Residences, MontAzure, is strategically located in the heart of this vibrant community.

Phuket, Thailand’s largest island, stands as a premier Asian tourist hotspot, boasting a well-established infrastructure catering to travelers from across the globe. Its accessibility is unrivaled, with daily direct flights from major regional hubs connecting to international markets. A mere 35-minute drive from MontAzure will take you to Phuket International Airport.

Kamala Beach, a charming bay and fishing village nestled amidst forested hills, ranks among Phuket’s most picturesque locales. With its unhurried pace, Kamala has grown into a favored destination for retirees and long-term visitors over the years. MontAzure occupies the northern stretch of Kamala Bay, offering a unique beachfront opportunity on Phuket’s exclusive west coast.

Further south, the renowned “Millionaire’s Mile” is graced with an array of villa and resort developments. Residents and visitors alike enjoy convenient access to a wide array of nearby attractions and activities, encompassing sports and marine facilities, the historic Phuket Town, shopping malls, and a vibrant nightlife scene. World-class educational and medical facilities are within easy reach from Kamala.

MontAzure’s master plan includes eco-sustainable hillside developments, a medical wellness spa, and a luxury retirement community, some of which are currently in the planning stages. The low-density approach allows for the creation of organic community gardens, rainwater harvesting from natural catchments, and adventure and hiking trails winding through a 200 rai protected rainforest.

Owners of MGallery Residences, MontAzure Lakeside, enjoy the peace of mind and prestige associated with a globally recognized brand and operator, along with Accor’s management expertise to ensure the meticulous care and preservation of their residences’ value.

Core Services are provided to all residents as part of the monthly service charge. These services, aligned with the property management team, offer a level of service akin to an exclusive residential and hotel environment.

Additionally, a selection of A La Carte Services is available, allowing for personalization to meet individual and family needs. Charges for these optional services are billed based on usage, with Residence Concierge serving as the single point of contact for residents.

MGallery Residents qualify for the Accor Ownership Benefits Program, providing them with VVIP status on a global scale. The program extends an invitation to join the Diamond level of Le Club AccorHotels, offering privileges in reservations, upgrades, room rates, and on-site benefits and services.

As the number of residential properties within Accor’s extensive brand portfolio, including MGallery, continues to grow, owners can partake in the comforts and advantages of belonging to this exclusive asset class. While Common Area Management Fees are the owner’s responsibility, there may be special offers from the developer, which could include a guaranteed return for specific units, subject to the developer’s discretion.

Owners can anticipate rental income payments on a semi-annual basis, with detailed calculations provided at that time. Only the appointed operator is authorized to rent out units, although owners can arrange for long-term rentals of three months or more. Adequate advance notice is recommended for booking, and cancellations necessitate a minimum of 14 days’ notice to avoid losing personal use days.

Furniture options vary depending on participation in the rental program. Joining the program includes a standard furniture and hospitality package, with no deviations allowed. Owners not participating in the program can furnish their property as they wish, provided they meet the operator’s requirements should they choose to join the rental program later. Friends and family of owners can use the unit, subject to the terms and conditions in the agreement with the operator.

Utility fees are covered by the operator when the unit is part of the rental program. For owners not participating in the program, monthly charges based on actual consumption apply, with a utility deposit of THB 50,000 for all buyers.

The operator offers full management services for units in the rental program, while other units can make arrangements with the operator or manage the unit independently, according to their requirements. Buyers opting for the rental program at the time of purchase must commit to a 15-year period within the program.

Owners receive an Accor Le Club ALL Diamond membership card, entitling them to various privileges at Accor Group hotels worldwide. The card becomes available upon signing the legal documents and payment of the first 25% of the purchase price. Initially free, the card will later incur an annual fee of US$250.

MontAzure, spanning 454 Rai (180 acres/73 hectares) of mountain-to-ocean land on Phuket’s central west coast at Kamala beach, is a mixed-use residential resort development. MGallery Residences, MontAzure Lakeside offers an exceptional opportunity to own a condominium within this prestigious development.

A collaboration between subsidiaries of three esteemed property and hotel investment groups in Asia—Narai Group (Thailand), Arch Capital (Hong Kong), and Philean Capital (Singapore), part of Pontiac Land Group—has birthed what promises to be Asia’s most outstanding residential resort development.

The project architects, SODA (Thailand) Ltd., and landscape architects, Shma Company Limited, have meticulously crafted the design.

A total of 233 studio and one-bedroom units are available, with options to combine unit types into two and three-bedroom configurations. Studio units range from 47 to 54 sqm, while one-bedroom units span 56 to 70 sqm.

Residents can expect access to a wide range of amenities, including a Residents’ Lobby, All-Day Dining Restaurant, Gym/Yoga Studio, Spa, two Swimming Pools, a Kid’s Play Area and Pool, a Pool Bar, and Outdoor Event Spaces. Staff are on hand 24/7 to assist residents and guests.

The full vision for MontAzure includes an international anchor hotel, ultra-luxury private estates, beach facilities, an upscale lifestyle and retail center, a medical wellness spa, and a protected forest nature reserve.

Customization options vary depending on participation in the rental program. Buyers who choose to join the program cannot customize their units, whereas those not participating can customize their units in consultation with the project’s interior designers. Exterior changes are not permitted.

Construction is expected to take a minimum of 30 months from the groundbreaking.

Furniture, fixtures, and fittings are of high international standard, chosen to complement the contemporary tropical design of the development and accommodate short-term occupancy.

MontAzure will be sold as registered condominiums under the Condominium Act of Thailand. Foreign buyers can acquire a foreign freehold title for 49% of the sellable space, while the remaining 51% is offered as Thai freehold or foreign leasehold titles.

The developer covers transfer taxes and fees for Leasehold titles, while Freehold title incurs a 1% charge based on the Land Department Assessment Value. Other fees and taxes are the developer’s responsibility.

The common area management fee is estimated at THB 80 per square meter per month, with the final amount determined at the time of registration. Additionally, each owner contributes a once-off payment equivalent to THB 700 per square meter to the sinking fund, with potential top-up contributions for repairs and maintenance.

For those interested in the rental program, MontAzure offers an opportunity to earn a return on investment. The operator splits the total gross revenue from the rental pool on a 40/60 basis, with 40% going to owners and 60% to the operator. The operator’s share covers all operating expenses, including utilities, marketing, salaries, cleaning equipment, and other necessary costs.

In summary, MGallery Residences, MontAzure, presents an exclusive and exceptional opportunity for those seeking to invest in a luxury resort lifestyle on the beautiful island of Phuket. With the backing of an internationally recognized operator, state-of-the-art amenities, and a prime location, this development is poised to deliver a unique and rewarding experience for residents and investors alike.