Phuket Hospitality Investment Deal – Building Near Beach

‎฿282,737,255

Description

Phuket Hospitality Investment Deal – Building Near Beach with hotel license and hotel service

A Phuket hospitality investment deal to purchase an entire luxury condominium building in a 5-star project in Phuket

Investment project highlights:

  • number of 1-bedroom apartments: 48
  • number of 2-bedroom apartments: 6
  • size of 1-bedroom apartments: 35 sqm
  • size of 2-bedroom apartments: 70 sqm
  • rental split program: 70% to the owner – 30% to project management company

Return on Investment projections for this Phuket hospitality investment deal

  • Rental income for all units – 10 years
  • Start selling units – 20% per year starting from year #11
  • Total net rental income: ฿212,462,910.27
  • Re-sell all units with appreciation: ฿514,109,503.68
  • Total profit after 15 years: ฿443,835,159
  • Yield: 10% per year

Investment Forecast – 15 years

Own % Net Rental Re-sell income
Year 1 100.00% ฿10,744,015.69 ฿0
Year 2 100.00% ฿13,430,019.61 ฿0
Year 3 100.00% ฿14,773,021.57 ฿0
Year 4 100.00% ฿16,116,023.54 ฿0
Year 5 100.00% ฿17,459,025.50 ฿0
Year 6 100.00% ฿18,802,027.46 ฿0
Year 7 100.00% ฿18,802,027.46 ฿0
Year 8 100.00% ฿20,145,029.42 ฿0
Year 9 100.00% ฿20,145,029.42 ฿0
Year 10 100.00% ฿20,145,029.42 ฿0
Year 11 80.00% ฿16,116,023.54 ฿93,040,864
Year 12 60.00% ฿12,892,818.83 ฿97,692,907
Year 13 40.00% ฿8,595,212.55 ฿102,577,552
Year 14 20.00% ฿4,297,606.28 ฿107,706,430
Year 15 0.00% ฿0.00 ฿113,091,751
Sub-Total ฿212,462,910.27 ฿514,109,503.68
TOTAL ฿726,572,413.95
Total Profit ฿443,835,159
Yield THB / year ฿29,589,011
Yield  % / year 10.5%

Condominium units details

  • 54 units in total
  • Type 1: 48 units (area: 35 sqm, 1-bedroom 1-bathroom)
  • Type 2: 6 units (area: 70 sqm, 2-bedroom, 2-bathroom)
  • pool view or mountain view
  • luxury built-in furniture with kitchen
  • smart home motion system

Project Facilities for this Phuket hospitality investment deal

Never has there been a development project in Thailand or even Asia that hosts as many high-class facilities within the residential complex.

  • Hotel Service & Management
  • 500m walking distance to the beach
  • Garden Restaurant Coffee Lounge
  • Concierge Service
  • 24 hours Reception
  • 24 hours Security
  • 2 Rooftop innity pools
  • Rooftop Beach Club
  • 2 Garden Pool
  • Garden Pool Bar
  • Tropical Garden
  • Rooftop Pool Restaurant
  • 2 Rooftop Pool Bar
  • Rooftop Sundeck
  • Fine Dining Restaurant
  • Rooftop Lounge-Bar
  • Library
  • Cosmetic & Aesthetic Clinic
  • Wellness & Detox Center
  • SMART Home Motion System
  • Spa & Yoga
  • Fitness Center
  • Pharmacy
  • Conference center
  • Satellite Television
  • Kids Club
  • Laundry
  • Boutiques
  • Tour Operator Ofce
  • Leisure Activities
  • Minimarket
  • Covered car parking space
  • Free Shuttle Bus Service

Location of this Phuket hospitality investment deal

Project Features – Condotel in Phuket

  • 5 condominium blocks
  • 2 Infinity Roof-Top Pools
  • 2 Garden Pools
  • Pool Bar
  • Sun Deck Roof Top
  • Roof Top Restaurant
  • Fine Dining Seaview Restaurant
  • Roof Top Seaview Lounge Bar
  • Restaurant & Coffee Shop

Reasons to Invest in this Phuket hospitality investment deal

  • The first property development in Thailand to have its own 5-star private medical and dental clinic by Bangkok Hospital.
  • 70%-30% rental split program – Return on Investment plan with management and hotel license on-site.
  • Located within Kamala beach, voted one of the most beautiful beaches in Thailand. King’s palace is located on the same beach.
  • As a developer that puts the lifestyle of our clients first, you are able to connect multiple condominiums which can suit families or large living area requirements.
  • All previous projects have sold out, this current project is already 80% sold, this is a limited opportunity!
  • Phuket is an amazing destination and the largest Island in Thailand. If you looking for a new lifestyle or a stable holiday home, then look no further!
  • The developer had a vision for this project to create something for everyone. The complex consists of a 5 star medical/dental clinic, rooftop pools, fine dining with mountain views, and a kids club.

Bangkok condominiums with the highest potential rental yield by RE/MAX CondoDee

Project Name Year of Built # Units Floors Median Listing Price Median Listing Price/sqm Median Listing Rental price ROI
rental yield
39 Suites 1996 60 9 ฿8,592,055 ฿87,938 ฿41,073 5.74%
49 Plus 2005 77 9 ฿8,481,015 ฿128,038 ฿44,490 6.30%
Aree Place Sukhumvit 26 1996 101 8 ฿5,982,049 ฿78,145 ฿33,160 6.65%
Baan Ploenchit 1994 129 16 ฿7,180,347 ฿105,081 ฿33,758 5.64%
Baan Suksan 1999 89 8 ฿2,701,077 ฿88,542 ฿20,142 8.95%
Beverly Tower 1992 60 16 ฿5,800,000 ฿75,443 ฿31,170 6.45%
Circle Condominium 2011 917 43 ฿5,725,880 ฿118,960 ฿29,027 6.08%
Circle Rein Sukhumvit 12 2018 122 8 ฿6,714,032 ฿188,095 ฿35,300 6.31%
D.S. Tower 2 Sukhumvit 39 1996 194 30 ฿9,032,182 ฿71,541 ฿44,444 5.90%
Interlux Premier Sukhumvit 13 2016 145 8 ฿7,186,753 ฿153,416 ฿33,015 5.51%
Lake Avenue Sukhumvit 16 1985 160 26 ฿10,224,637 ฿109,929 ฿46,987 5.51%
Liberty Park 2 1998 136 23 ฿7,430,845 ฿66,542 ฿39,568 6.39%
LIV@49 2016 183 8 ฿8,571,594 ฿177,966 ฿41,626 5.83%
Maestro 39 Sukhumvit 39 2015 90 8 ฿8,613,742 ฿150,965 ฿42,785 5.96%
Omni Tower Sukhumvit Nana 1999 90 34 ฿4,777,876 ฿65,508 ฿30,516 7.66%
Quarter 31 2019 10 3 ฿52,535,000 ฿123,033 ฿248,750 5.68%
Ramada Plaza Residence Sukhumvit 48 2020 339 39 ฿5,763,455 ฿125,342 ฿32,872 6.84%
Rin House Sukhumvit 39 1997 62 8 ฿4,789,000 ฿74,005 ฿25,449 6.38%
Siamese Exclusive Sukhumvit 31 2019 193 21 ฿14,180,333 ฿204,199 ฿66,601 5.64%
Siamese Gioia 2010 168 7 ฿6,550,930 ฿125,992 ฿30,259 5.54%
Siamese Thirty Nine 2013 87 7 ฿8,262,895 ฿128,485 ฿38,341 5.57%
Sukhumvit City Resort 2006 170 26 ฿7,076,816 ฿100,292 ฿34,294 5.82%
Sukhumvit Suite 1994 558 44 ฿4,391,857 ฿73,066 ฿24,584 6.72%
TC Green Rama 9 2014 1,900 32 ฿3,486,290 ฿90,362 ฿16,148 5.56%
The Alcove 49 2009 55 8 ฿6,372,023 ฿120,485 ฿33,115 6.24%
The Crest Sukhumvit 49 2014 88 8 ฿6,735,274 ฿148,386 ฿31,917 5.69%
The Heritage 1983 33 14 ฿11,989,866 ฿106,332 ฿57,400 5.74%
VIA 31 2012 88 8 ฿7,339,102 ฿143,961 ฿37,879 6.19%
Voque Sukhumvit 16 2011 140 8 ฿5,505,360 ฿110,809 ฿28,689 6.25%
Wyndham Garden Residence at Sukhumvit 42 2019 452 31 ฿7,625,290 ฿189,261 ฿37,450 5.89%
XVI The Sixteenth Condominium 2011 76 8 ฿4,308,770 ฿109,777 ฿23,431 6.53%
Average (all projects by REMAX CondoDee) 2007.2 149.5 26.0 ฿10,468,378 ฿157,310 ฿35,864 4.11%
# projects by REMAX CondoDee 244 Total # apartments 64,820
Total # floors 6,284 Median age (years) 12.8

Floor Plans

project plan

Virtual Tour

Location

Share This Property

Share