Developer context
Phuket-based developer Akra Development was founded by Akkarawech, who previously launched the Office Central office center in Sukhumvit, Bangkok. The developer builds villas in Layan on Phuket's west coast. In Akra Development projects, 30% of the land is built up and 70% is left as green and common areas. The portfolio includes Akra Residences Layan Valley Villas with 14 villas and Talaycation Hua Hin - Pranburi with 95 villas. The company manages villas for up to 30 years, with guaranteed income for the first five years and a 50/50 split of rental revenue afterwards. Foreign buyers can own freehold.