Botanica Launches Luxury Villas Worth 5.5 Billion to Meet Surging High-End Demand in Phuket

Botanica Luxury Villas is the leading luxury pool villa developer in Phuket, with over 20 years of experience in luxury real estate development. Targeting the high-end demand from both Thai- and foreign markets following Phuket's ongoing appeal, the company has recently launched a new project, Botanica Foresta II, with prices starting at 35 million baht in the prime location of “Layan.” This marks the 18th luxury pool villa project under the Botanica brand in Phuket, responding to the booming luxury real estate market on the island, which is thriving despite the overall slowdown in Thailand's real estate sector. The new project continues the great success of Botanica Foresta the first project that successfully sold all 83 units, totaling over 2.9 billion baht recently. “Botanica Luxury Villas” is confident that the new project, situated in a highly private area with only 49 units, will meet the needs of HNWI (High-Net-Worth Individuals) with its location surrounded by nature, close to Layan Beach, Bang Tao Beach, Phuket Airport, and amidst high-end lifestyle hubs. Additionally, the unique Modern Luxury design signature of Botanica, combined with the brand's well-established reputation and comprehensive after-sales service, has attracted wealthy clients for over two decades.

Market Leaders Confident in Continued Growth of Phuket's Luxury Market, Expecting Transfer and Rental Values in '67 to Reach 55 Billion Baht

According to the Phuket Real Estate Association, the Phuket real estate market is expected to continue its growth in 2024, with many investors and leading real estate companies from Bangkok starting to invest in Phuket projects since 2023, particularly in luxury villas that cater to the purchasing power and lifestyle of wealthy individuals both Thai and foreign looking for second homes. It is projected that investments in Phuket throughout 2024 will be valued at no less than 55,000 million baht, with 35,000 million baht from horizontal and vertical transfers and another 15,000 million baht from long-term rentals.

Mr. Atthasit Inthrachuti, CEO of Botanica Luxury Phuket Co., Ltd. stated, “2024 will still be a golden year for Phuket's real estate sector. In the first half of 2024, over 1,285 new villas were launched from a total of 65 projects, valued at 36 billion baht. This marks the first time in 15 years that the number of villa launches has exceeded that of condominiums, reflecting the demand from high-income individuals seeking luxurious living with utmost privacy amidst the beauty of nature and Phuket's comprehensive infrastructure. Additionally, it has been observed that over the past five years, land prices in the Layan and Bang Tao areas have increased by approximately 30-40%, which is a high growth rate compared to other areas. With the launch of numerous world-class luxury projects and mega-projects, this area has become particularly popular among foreign investors, especially from Russia and Eastern Europe.”

Botanica Foresta II: A Perfect Harmony in the Concept of A Symphony of Serenity Amidst the Forest

The villas in the Botanica Foresta II project come with the concept “A Symphony of Serenity Amidst the Forest” featuring Modern Luxury style villas inspired by the beauty of nature to create a balance between an active lifestyle and recharging the body and mind with nature. The design emphasizes the use of natural materials and eco-friendly designs to create a relaxing atmosphere. The exterior architecture is modern contemporary, blending the simplicity of nature with classic elegance, using materials like wood, stone, and warm tones for a visually pleasing decoration while maintaining the concept of living in harmony with nature as per Botanica's DNA, with large windows allowing light and breeze to flow in, providing organized and comfortable living spaces that can be adapted to the actual usage of each family. Customers can choose between single-story and two-story villas to suit various lifestyles. Botanica Foresta II also features a spacious clubhouse with co-working spaces, a modern fitness center, communal relaxation areas for all generations, and a large garden area with a special landmark of a serene waterfall garden.

Like all projects of Botanica Luxury Villas, owners of villas in the Botanica Foresta II project will experience comfort from advanced technology, including a Smart Home system, CCTV, and the highest security with a 24-hour security team. Furthermore, every villa is designed with energy efficiency and environmental preservation in mind, featuring tall trees surrounding the project to provide shade and reduce the area's temperature, solar panels, and EV charging stations to support clean energy use. The villa spaces are designed to effectively capture natural light and breeze throughout the day. Not only will residents enjoy comfortable and safe living amidst nature, but they will also contribute to reducing carbon emissions.

“The Botanica Foresta and Botanica Foresta II projects are located in the Thepkrasattri area, known for its peaceful and quiet location while being close to Layan Beach, Bang Tao Beach, and just 25 minutes from Phuket Airport, surrounded by shopping malls and many lifestyle hubs, catering to a tranquil lifestyle while connecting to all essential amenities. Following the successful sales closure of 83 units in the first phase, we have strategized to continue our market penetration with Botanica Foresta II, which continues to offer beautifully designed luxury villas that meet the functional and superior taste of our target audience. For Botanica Foresta II, we are also offering the highly popular villa style from the first phase, which is Modern Luxury, which is the brand's Best Seller. In this second phase, we enhance the experience with a two-story Modern Luxury style in addition to the single-story option to cater to a wider range of customers, increasing privacy and space division within the home. Additionally, another strength of Botanica is its after-sales service and exclusive privileges for Botanica residents to build confidence and value in their investment,” Mr. Atthasit Inthrachuti concluded.