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The Plantation Phuket, Behind every dream is the dream maker. Comprising some of the most respected and creative names from the world of project development, architecture and construction, the team responsible for The Plantation is as skilled and experienced as any in the creation of magical developments.You can rest secure in the knowledge that the highest levels of professionalism have been applied in the creation of your island paradise home.
Invest in your future
There's no doubting the wisdom of sound financial planning. But who said you had to wait until retirement age to reap the rewards? There is an alternative.
By purchasing an apartment at The Plantation, you can not only look forward to impressive returns on your investment, but also enjoy the lifestyle benefits you deserve right now.
Imagine living part of your time in your luxurious apartment, safe in the knowledge that you can protect your future financial needs by renting for part of the year and achieving up to 8.5% through the Plantation's Managed Rental Programme.
You can relax knowing that your investments are in the safe hands of an experienced international management group.
It's a satisfying blend of life style and financial security.
Information on Land Parcel and Villa prices here
Frequently Asked Questions:
• What is The Plantation?
A =>. The Plantation is a discreet private estate being developed by Pacvest Group. The development will contain 33 luxury condominium apartments (known as The APARTMENTS), 17 spacious terraced apartments (known as The TERRACES) and 19 villa lots (known as the VILLAS LOTS) overlooking the ocean and coastline of Kamala Bay on a 21 acre (44 mi) site. The project is 15 minutes from the main shopping and entertainment center of Patong Beach and only 20 minutes from Phuket International airport.
• Who is Pacvest Capital ( Thailand ) Limited?
A. => Pacvest Capital ( Thailand ) Limited is a respected and experienced development management company. The company has been associated with some of the most successful residential properties in Thailand , including Somkid Gardens and Saladaeng Colonnade in Bangkok and Katamanda in Phuket.
• What is the title and status of the land? A. => The land is Chanote titled and is owned by Plantation Holdings Limited, a Thai registered company. The land on which The APARTMENTS are being developed will be transferred to the owners of The APARTMENTS (the Condominium Juristic Person) and controlled by that body. The land on which The TERRACES and The VILLAS LOTS are located will be owned by an entity controlled by owners of The VILLA LOTS and The TERRACES.
• Can I own freehold rights?
A. => The Apartments can be owned freehold by foreign nationals, subject to certain restrictions on the number of such ownerships per building. The APARTMENTS at The Plantation will be sold with a choice of freehold, condominium title or leasehold title, as long as the restrictions referred to above are complied with Foreign nationals however cannot own freehold The VILLAS LOTS or The TERRACES under current Thai law. This situation may be subject to change or amendment in the future, but this is unlikely in the short term . Land can however be leased to foreigners for 30 years which is the longest permissible period under Thai law. In the leases for The Plantation Villa Lots and The Terraces two prepaid extensions of 30 years are included. The initial lease is registered with the Land Department and noted on the title deed. Thus you are fully protected under Thai law.
• How are my rights as a villa lot tenant protected against future actions of the Landlord Company?
A.=Ultimately The VILLA LOT landlord company will be controlled by The VILLA LOT and The TERRACES tenants. This legal structure, which will be fully effected under Thai law, will prevent any detrimental action by the landlord company. These provisions are set out in the Master and Lease Agreements.
• What estate management will be provided and what will it cost?
A=> CB Richard Ellis, Thailand 's premier property manager, has been appointed to professionally manage the estate and to appoint a resident manager to run the day to day operations. They will provide maintenance for the communal areas and recreation facilities. The cost to residents will be calculated based on a monthly fee covering all communal expenses. There will also be a sinking fund established to provide for any major works that may be required.
• Do the estate management expenses cover the upkeep of my Apartment, Terrace or villa?
A.=> No. The maintenance and staffing of your APARTMENTS, TERRACES or VILLAS are your responsibility. If you wish to have resident staff, monthly wages are not high. All maintenance, staff, laundry and other services will be available to you at commercial rates.
• Can I rent out my apartment or villa?
A. => Yes. Should the estate residents require it the Estate Management Company could establish vacation rental facilities. There is considerable demand for luxury rental apartments and villas in Phuket. This market demand has hardly been tapped and returns could be very attractive to owners. The Estate Management Company would then look after all aspects of the management and marketing of your apartment or villa. Operational costs and fees for these services will be charged at commercial rates and deducted from the rental income received
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