All Inspire Development Public Company Limited is a real estate developer specializing in condominium projects under the brands The Excel and Rise, now fully expanding into the luxury residence segment with the launch of the Impression Phuket project in a prime tourism location in Phuket, Chalong Bay. The project is valued at over 1.6 billion baht, with prices starting at 25 million baht, targeting high-end investors and tourists, both Thai and international, for investment and leisure, aligning with the growing economic and tourism potential of Phuket.

Mr. Thanakorn Thanavarith, Chief Executive Officer (CEO) of All Inspire Development Public Company Limited stated that the Impression Phuket project is the first luxury residence project outside of Bangkok for All Inspire, recognizing the potential of this tourist city, evidenced by the continuous increase in tourist numbers and the development of infrastructure in the area. Currently, various projects are underway in Phuket, particularly the construction of underpasses, parallel roads to Thepkrasattri Road, light rail projects, and other initiatives, along with private investment plans. The recent decrease in luxury project launches in Phuket presents an opportunity due to the limited supply in the market, especially for new luxury villas that have been absent from the Phuket market for several years, indicating a potential recovery for luxury real estate and foreign investment in Phuket.

“A clear factor reflecting the growth of the tourism sector in Phuket is the Phuket Airport, which has seen an 11.3% increase in popularity among tourists, reaching 8.4 million visitors. In addition to the rising tourist numbers, the real estate development sector, including hotels and condominiums, is also showing growth potential, along with transportation factors such as land and sea transport and the international airport, which will promote future tourism development.”

#teraads To support the growth of tourism and real estate development, the company has recently launched the Impression Phuket project, a luxury residence valued at over 1.6 billion baht, with prices starting at 25 million baht, targeting high-end investors both Thai and foreign, thanks to the project's prime location on Chalong Bay, close to many important places such as Chalong Bay Yacht Club, Central Festival Phuket, Blue Pearl Phuket, Phuket Airport, Phuket Monorail, and the Phuket-Patong Expressway, making travel very convenient.

The Impression Phuket project consists of a three-story luxury residence with 42 units, each with 2 bedrooms, starting at 25 million baht. The project is designed to meet lifestyle needs with hotel-level services and management, along with various well-designed amenities, including a swimming pool, lobby, clubhouse, dedicated parking for supercars, gym, spa pavilion, garden, and 24-hour security, among others. The company aims to make the Impression Phuket project the most valuable investment project on Chalong Bay, where buyers will receive ownership of the land title as if they own the project (Freehold), with a long-term investment that continuously yields high returns, which is a strong point of the project, as Phuket has an occupancy rate of up to 77%. Additionally, property and land values have been steadily increasing at an average rate of 3-5% per year, indicating the project's potential in a highly suitable investment location, along with returns from investing in this project.

The Impression Phuket project is set to begin construction in September 2018 and is expected to be completed by the third quarter of 2019. The project features uniquely designed interiors in every unit (Fully Furnished) with amenities that perfectly balance functionality and design. It is another luxury project in Phuket worth watching. For more details, please call 02 029 9999 or visit www.impressionphuket.com.

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