Crowne Plaza Residences Karon Beach Phuket to open in 2006

Phuket, Thailand remains one of Asia’s leading markets for luxury leisure property investment. To cater for the increasingly discerning and sophisticated investors in this market, the internationally-managed Crowne Plaza Residences Karon Beach Phuket has been launched.

With 30 exclusive beachfront apartments, investors can benefit from the luxurious facilities and management of the adjoining 5-star Crowne Plaza Karon Beach Phuket, which is part of the InterContinental Hotels Group. Completion of the project is slated for March 2006.

Crowne Plaza Residences Karon Beach Phuket retained the Who’s Who of Asian resort designers including famed landscape architect, Bill Bensley, interior design firm, P49 and architect, Tucker Bishop. Collectively they have created a contemporary Thai resort theme within an idyllic tropical atmosphere. Spacious verandahs maximize the spectacular sea views and nightly sunsets from each residence. Owners of Crowne Plaza Residences Karon Beach Phuket will also be able to enjoy privileged access to the restaurants, spa and extensive recreational facilities of the adjoining 5-star Crowne Plaza Karon Beach Phuket.

Located along Karon beach with its expansive 2½ kilometer white sandy beach, the Residences offer a unique lifestyle and investment opportunity. Bill Barnett, Managing Director of C9 Hotelworks, who is in charge of the development and project marketing commented “purchasers most desired attribute is overwhelmingly an ocean view and the Crowne Plaza Residences deliver a stunning view at every doorstep. In a market which has shown double digit capital appreciation over the last few years, together with a product managed by InterContinental Hotels Group, clearly this development offers key advantages to seasoned investors.”

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