Luxury on the Rise in Phuket: Villas in Bang Tao - Cherngtalay

One of the most sought-after real estate markets in Phuket has shown consistent growth in Bang Tao

According to CBRE—the leading international property consultant, since the COVID-19 pandemic, Phuket villa for sale listings have surged due to strong buyer interest, resulting in a remarkable 500% increase from H1 2021 to H1 2024. In H1 2024 alone, the market experienced a 45.8% Y-o-Y growth compared to H1 2023.

The villa market on the west coast has seen the highest number of existing and future supplies compared to other areas. In H1 2024, developers launched a total of 679 villas from thirty new projects marking a 57.9% increase H-o-H from 430 villas in H2 2023 and a 60.9% rise Y-o-Y from 422 villas in H1 2023. This boom attracted developers eager to launch new luxury villas for sale in Phuket. Buyers continue to snap up prime land plots, with phased expansions planned for new project launches by the end of year during the high season.

Ms. Prakaipeth Meechoosarn, Head of Phuket Property Sales at CBRE Thailand, revealed that projections from both Thai and foreign buyers indicate high demand for both personal living and investment purposes. Rental properties are yielding impressive returns, reaching up to 6%-8%*, driven by Thai buyers, returning tourist and expatriates with families seeking short-term and long-term rentals. This makes the area promising for generating rental income and achieving capital appreciation.

Bang Tao and Cherngtalay are rapidly becoming the epicenters of luxury real estate development, renowned for its expansive beaches that blend tranquility with vibrant beachside activities.

Here are six reasons why ‘Bang Tao – Cherngtalay’ is great spot in Phuket.

1. A Coastal Paradise: Bang Tao - Cherngtalay is strategically located on Phuket’s west coast, providing easy access to some of the island’s most beautiful beaches, including Bang Tao Beach. At just 30 minutes from Phuket International Airport, this prime location is desirable for both tourists and long-term residents.
2. Future Growth Prospects: With ongoing developments and infrastructure improvements, Bang Tao - Cherngtalay is poised for significant growth. Discover several luxury developments that enhance Cherngtalay’s appeal, making it a sought-after location for those looking to buy a villa in Phuket, including luxury pool villas and branded residences with mixed-use complexes, high-end hotels and golf courses. The area’s popularity is expected to continue rising, making it a wise choice for investors looking to capitalize on future market trends.
3. Exciting Activities and Events: Bang Tao - Cherngtalay is not just a place to live; it’s a place to thrive. Engage in activities such as sailing, kayaking and golfing. Indulge in the vibrant nightlife at one of the many beach clubs like Catch Beach Club, Tichuca Phuket or unwind with a massage at a world-class spa from Banyan Tree Spa Phuket. The area also hosts exciting events like the annual Laguna Phuket Marathon, attracting runners from around the globe. Whether you’re an adventure seeker or prefer a laid-back lifestyle, Bang Tao has something for everyone.
4. Diverse Dining Options: Embark on a culinary journey where every meal is an adventure. Enjoy fresh seafood and international dishes at Catch Beach Club, or savor modern Thai cuisine at Suay Restaurant Cherngtalay. For an intimate dining experience, head to Benny’s Cocktails & Grill, known for its excellent cocktails and diverse menu. Explore vibrant night markets where you can sample a variety of street food. Whether you’re a foodie or just looking for a great meal, Bang Tao’s dining scene has something to offer.
5. Family-Friendly Environment: This location is perfect for families, offering excellent international schools, safe neighborhoods and plenty of activities for children. Attractions like Blue Tree Phuket, Porto De Phuket, Villa Market Boat Avenue and the Phuket Elephant Sanctuary ensure a fun and enriching environment for kids. With beautiful beaches, recreational facilities and varied dining options, Bang Tao - Cherngtalay provides a safe, vibrant and engaging environment for families. The area also boasts modern healthcare facilities, plenty of gated communities with round-the-clock security and reputable international schools like the HeadStart International School, Cherngtalay Campus.
6. Locations for Branded Residences: Phuket is an increasingly recognized destination for branded residence development, offering desirable locations for luxury villas for sale that cater to a wide array of preferences in the Layan and Bang Tao areas. Layan is known for its tranquility and exclusivity, featuring secluded luxury villas focused on privacy. In contrast, Bang Tao - Cherngtalay provides a more vibrant community atmosphere, showcasing a mix of branded residences with strong community integration. In terms of potential growth, Bang Tao’s extensive amenities and active community make it a hotspot for investment, represent by Banyan Tree Group and The Standard Residence Phuket Bang Tao.

Sri panwa Lagoon Phuket

In Q4 2024, the market will see the introduction of new luxury villas for sale in Phuket, featuring exclusive branded residence villas as off-plan properties. This exciting development is being led by Banyan Tree Residences, Laguna Lakelands, and Sri Panwa, managed by the Charn Issara group, which operates a luxury resort located on the southeastern tip of Phuket. This venture promises exceptional quality and strong investment potential for those looking to buy a villa in Phuket.

The new project at “Sri panwa Lagoon” features a mix of residential villas, commercial space and future hotel development, all designed with the essence of Sri panwa to offer maximum privacy and superior service. It truly offers the best of both worlds: luxury living in a vibrant community setting in Bang Tao - Cherngtalay.

Sri panwa Lagoon Residence

Sri panwa Lagoon Place

Bang Tao - Cherngtalay offers an exceptional blend of tranquility and activity, making it an ideal destination for those seeking both relaxation and adventure. Investing in property in this vibrant area not only provides access to the best of Phuket’s coastal living but also promises long-term value and unforgettable experiences. For more information, please contact CBRE visit Sri panwa Lagoon call +66 93 338 9988.