Luxury resort developments fall into several distinct types, each catering to different locations and experiences that buyers or real estate investors are looking for.
Beachfront resorts, as the name implies offer ocean views, with private villas, and luxury style residences that can come with features such as infinity pools, spa services, water sports, and fine dining, either within the resort of nearby.
Mountain location & ski resorts offer such accommodations as chalets and lodges, and can come with heated pools, après-ski experiences, gourmet restaurants, all for buyers seeking high-up locations and especially winter sports adventures.
The modern approach for some real estate developers is to focus on wellness & spa resorts that can provide meditation gardens, yoga pavilions, detox programs, organic cuisine and rejuvenating spa treatments.
For buyers and investors with significant monetary resources, private island resorts are an option that provides high-net-worth individuals with exclusive use of a private island, offering utmost privacy and often higher security.
Green or eco-luxury resorts use such facilities a solar energy, water conservation, eco-friendly construction, locally-sourced food, and nature tours, yet still offering luxury homes and villas to purchase, but without compromising on sustainability.
One could not talk about luxury resorts without mentioning golf resorts, where top end luxury homes, villas, condos and estate homes all center around world-class golf courses. This market is of high interest to golf enthusiasts seeking high-end courses and related services that a golf resort can bring.
Into the 21st Century comes the concept of very luxurious desert resorts, that provide oasis-like experiences, encompassing private villas, infinity pools with desert views, camel rides, stargazing and luxurious spas.
Each type of exampled luxury resort aims to offer unique, luxurious experiences to the owners. These sought-after experiences are also attractive to investors, who appreciate that there can be significant returns on investing within this special real estate market sector.
Why Buy or Invest in New Real Estate Developments in Myanmar.
Myanmar is one of Southeast Asia’s emerging economies. Although it has faced political challenges, it has a young population and growing urbanization. The country has rich natural resources, a strategic geographic location between China and India, and increasing foreign interest in its development.
Myanmar’s government has been working on improving the country’s infrastructure and business climate to attract foreign investment. This includes efforts to improve property ownership regulations and enhance the legal framework for foreign investors.
Myanmar is rich in cultural heritage and natural beauty, attracting a growing number of tourists, which is boosting the hospitality and tourism real estate sectors. As tourism infrastructure develops, there could be significant opportunities in hotel developments, resorts, and vacation properties.
Myanmar has growing trade and investment relations with its neighbors like China, India, and Thailand. As the country’s connectivity increases, real estate developments in key cities could benefit from enhanced trade and economic cooperation.
The legal framework surrounding foreign investment in real estate is still developing. Investors may face challenges in navigating property laws, especially in the context of land ownership and registration.
