Thailand’s Millionaire’s Mile

[Nereus]

Not sure where this should be posted. I have to wonder how many of the high rollers that live there front up to Immigration each time their private jet deposits them? And how are they getting around the land ownership laws? That is those that are not Chinese!
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Thailand’s Millionaire’s Mile: Where Beauty and High-End Living Meet on the Island of Phuket

https://www.mansionglobal.com/articles/ ... d837cfee56

The area is known for its super-luxury beachfront villas and natural wonders

Price Range

According to Jeab Jantana Ruayrinsaowarot, marketing supervisor at List Sotheby’s International Realty in Thailand, the average price per square meter on Phuket Island is around US$2,800 to US$3,500. However, at the luxury level, that increases significantly, said Bill Barnett, founder and managing director of hospitality and real estate consultancy firm C9 Hotelworks. He notes that the average price per square meter for high-end offerings is closer to US$5,000 to US$6,000. (Prices on the island are often listed in U.S., dollars, rather than Thai baht, because of the global appeal of these properties and the international market they attract.)

Ms. Ruayrinsaowarot points to Avadina Hills by Anantara, a 16-villa development on Layan Beach currently in List Sotheby’s International Realty’s portfolio. Ranging from 2,785 to 3,715 square meters and four to six bedrooms, each unit offers indoor-outdoor living and a private pool and terrace, as well as access to five-star facilities at the neighboring Anantara Layan Phuket Resort, and is priced from US$8 million.

Housing Stock

“Phuket offers a wide range of property, from super-luxury beachfront villas for the ultra-rich, to smaller investment properties, where you can buy a branded unit under hotel management with a guaranteed yield starting at a mere US$130,000, to premium condominiums ideal for whole families to enjoy,” Ms. Ruayrinsaowarot said.

View of the terrace and the Andaman Sea from the bedroom of an Avadina Hills home. Photo: Courtesy of Anantara
An ultra high-end 10-bedroom private beachfront villa with a 40-meter infinity pool, cinema, generous staff quarters and two fitness centers can be priced at more than US$30 million.

Preferences in the luxury sector in recent years have shifted toward branded villas managed by hotel groups, such as Banyan Tree, Sheraton or the aforementioned Anantara, which offer reliable and quality management, access to world-class amenities, and the ability to generate income. Properties like these are still in the minority, however, with many still in the development and construction stages.

long article...............................with many photos

Notable Residents
British artist Damien Hirst owns a six-bedroom villa, complete with a 22-meter pool, near Surin Beach, on the west coast, according to published reports. Mr. Hirst counts British DJ and music producer Clifford Price, a.k.a. Goldie, who lives near Kamala Beach, as a neighbor. Meanwhile, former Formula One world champion Kimi Raikkonen owns a luxury villa in Rawai, on the south of the island.