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A booming property market in Samui, Thailand, has seen investors buying up villas and land all over the island.
Apartments and condominium blocks are now appearing and the property market on the island is on the rise.
In late 2003, Leisure Capital Group, an investment and real estate development company in Asia, began researching the Koh Samui resort property market to develop a home membership club called The Owners Club.
The Owners Club is a vacation home membership club which provides a unique, cost effective alternative to conventional second home ownership.
It is the group's intention to assist with the development of the market for members who want to sell their interest.
With over 20 years experience, the group has worked on public and private corporate investment, venture capital and private equity investment, real estate development and the delivery of luxury recreation facilities in Asia, particularly in the recreational sense.
The team's vision is to develop 'member owned' properties on unique and exciting resorts where families can enjoy affordable holidays without large capital investment or the attendant worries usually associated with owning a second home.
The Owners Club is unlike any other lodging experience available in Asia, offering members a resort/club experience in a private two or three bedroom luxury, fully furnished vacation villa.
Each of the properties are unique and individually themed to fit the local environment, geography and natural attributes of the setting and site.
They are designed not as 'the home you left at home' but as a retreat and hideaway with features and amenities suited to a gracious and enjoyable vacation lifestyle.
Membership in the club will offer an actual share of the land and buildings on the site which includes the villas, common amenities such as restaurant, tennis courts, swimming pools, fitness and other facilities including full concierge and maid service.
The residence is staffed and operated in a club like environment where the 'member experience' is paramount. Members may choose the level of staff attendance ranging from full service live-in help to completely self catering or anywhere in between.
The plan being prepared involves the construction of approximately 44 luxury two and three bedroom villas to be built in six clusters. Each villa will have extensive sea views with its own plunge pool and private garden.
Residents will have direct access to the beach and the club's common facilities which will include car park, reception, management office, restaurant and bar, tennis courts and communal swimming pools.
This is a 91,200 square metre site located at Baan Taling Ngan on the south west coast of the island.
The site has a 340 metre water frontage and is elevated with extensive 180 degree views from most locations.
The property is approximately midway (five miles in each direction) between the Le Meridian Hotel and Crescent Bay. Access is by way of a one kilometre road from the public road.
The cost of membership will be a fraction of the cost of owning a single vacation home with none of the expenses and hassle of owning and maintaining a conventional second home.
Members will be investing directly in the asset of the property and the club which, over time, should appreciate in value.
The Leisure Capital Group plans to develop other Owners Club properties in Asia, particularly in the gateway cities of Bangkok and Shanghai, in which members will be able to enjoy reciprocal privileges. To find out more about this opportunity call Star International Real Estate on +97317565176.
