Tropical Living in Thailand Magazine
 
Property Profile  


A Definition of Home

Story :  David Hardcastle   
Images : Courtesy of Azaya
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“Everything is very different.”

The words of developer Ian Hirsch leapt into my mind as I drove into Azaya Villas, Mae Rim, and caught my first glimpse of a dramatically sloping roofline pointing down to a large deck and its view of mountains in the middle distance. Images I associate with Switzerland and Scandinavia followed, but all somehow with a touch of Thailand’s ancient northern Lanna kingdom.

An enthusiastic yet softly spoken property professional from Los Angeles who entered the business at age 18, Ian is creating just 12 luxury homes on 17 rai of gently sloping land next to the Four Seasons Resort, sharing the breath-taking view of what some geographers call the Southern Himalayas.

A Sound Investment

With over 20 years experience Thailand Capstone Management Group Co Ltd, of which Ian is Managing Director, is aiming at international travellers who have an eye for investment. Three different specifications are available here, ranging from two to five bedrooms and THB 21 million to 40 million.

“These homes would be double the price in Phuket,” says Ian, with gentle understatement. “People who know Phuket look at this value for money with their mouths open. Our prices here represent under THB 60,000 per square meter including the land and the fittings! You just can’t compare this with villas elsewhere in Thailand - or condos   in Bangkok.

“Our neighbour, the Four Seasons, charges US$3,100 per day for one of their Residences and if our owners wish to rent out we offer them a full management service. Returns of 13 to 20% per year are easily possible here and as Chiang Mai grows in sophistication, so will the appreciation.”

The latter point is well made. Almost every international five star hotel chain has opened here in the past 3 years, or has a site under construction. Well served by short haul flights from major Asian airports, the small city is now moving out of the backpackers’ guide books and onto the maps of a more sophisticated and demanding clientele.

 

Cultured: Inside and Out

Often incorrectly referred to as Thailand’s second largest city, Chiang Mai is actually small, but second to Bangkok only in a cultural sense with art galleries, imaginative museums and restaurants offering almost every major world cuisine.

Twenty minutes drive north from the airport - and well away from aircraft noise - an electronic front door key opens your way to an Azaya Villa. Into a tropical garden where large, Zen-styled pool features curves which nicely contrast with those sharp rooflines. Sandstone garden walls and natural foliage usher you onto large floor tiles from India, under soaring ceilings of warm, re-cycled teak, past a low hand-built glass wall and into a minimalist world of recessed lighting and unobtrusive Bose speakers.

What Ian describes as the “loose furniture” are the only extras in the Azaya way of doing things. “We are not taking short cuts,” he emphasises. Fitted carpets-which in every case give way to discreet patios - grace the guest rooms and, unusually in Thailand, the slender curving staircase to the master suite, all decorated differently with subtle good taste. Owners are invited to work closely with Azaya on all the detailing. Volcanic stone paves the master bathroom with its sunken jacuzzi-style bath and, even here, concealed systems give you a choice of positioning the TV.

Back down at ground level, the home entertainment room features the very latest Blue Ray technology, deeply cushioned chairs and sofas. Multi-layered insulation ensures cool temperatures despite the light and airy nature of every room - with the exception of a partially concealed and intimate ‘den’!

Built for All Seasons

Each villa sits on approximately one rai of land, allowing larger than average decks which are built with pressure impregnated timber to deter insects and stay smarter longer. From here, fortunate owners can overlook their infinity-edged pools or invite guests to the fire pit for a BBQ, lit via hidden piping.

Subtle detailing copes with the rainy season run-off from those dramatic roofs; some drainage hidden by pebble paths, some by ornamental urns which turn out to be water catchments.

Azaya Villa dwellers will have their own shared tennis courts, gym, spa, plunge pool and restaurant on site, with a rich variety of golf courses, activity centres, elephant camps, waterfalls and orchid farms less than 30 minutes drive away along smooth, uncongested roads.

Chosen with Love

And who will the owners be?

“We have sold 70% of the Villas already, having only begun planning 2 years ago and construction 6 months later” recalls Ian. “We have some Thai buyers, but most clients are westerners who are already living in other south east Asian countries.” Like him, they are likely to be captivated by the natural beauty of the mountains, the quietness and the clean air.

“I first came here 12 years ago and fell in love” he admits with a broad grin. “I’ve been here a lot over the past 5 to 6 years - and when I’m not here I’m missing it and it’s always hard to leave. I think that must be one of the definitions of ‘home’. Misty mornings, temples that seem to float in the clouds - this is a part of the world which gives you so much and doesn’t ask much of you.”

“If I can give myself credit for anything here, it’s putting the right team together. I have an English construction chief who is painstaking and patient, specialist technicians installing the Smart Home Network and high speed internet - everyone we need is on site.”

Everyone except the owners of the last few villas, at value which may never be seen again in Asia!

 





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