I am selling my apartment in Phuket, located directly on the beach of Rawai. It s a direct pool access unit with 44.6 SQM, 1 bedroom type, fully furnished and brand new. It is one of the best units in this project and it is occupied most of the time. There is a sea view gym, pool bar, restaurant, beach cocktail lounge / coffe shop and 24h reception. Every 60 minutes the hotel also provides a free shuttle bus for the guests and owners to another beach (Nai Harn).
The hotel is managed by “Best Western Plus”, an international hotel brand. The management company is renting out the unit on my behalf and I receive 10% guaranteed rental return per annum for 5 years. I can stay in my apartment for 2 weeks per year.
If you purchase my apartment you can choose to ether continue the guaranteed rental return program and receive passive rental income, or you can live in the apartment and rent it out on your own or with any other third part rental agency (I found it better to let a professional hotel management to take care of it so I don’t need to be much involved).
Unit price: 1.360.340 HKD / 5.261.351 THB
10% guaranteed rental return per annum: 136,034 HKD / 526.153,00 THB
Maintenance & Common area fee: 101.106 HKD / 2.250 THB / month
Water & Electricity is based on consumption, as I rent out my unit thru the hotel there are no charges for me, otherwise it would be 4 Baht / unit)
Fantastic investment opportunity with international hotel brand as a professional management company, located directly in one of the most dynamic and upcoming areas in south east Asia. The project has completed in April this year and has already an average occupancy are of 72% for the first few month.
Feel free to contact me directly for more pictures, floor plan etc.
I am the owner of this unit, however I do work in real estates as well and can assist you if you are interested in Phukets dynamic real estate market. I have access to the entire market with extensive knowledge of the best areas and can properly guide you to a great investment decision, based on your requirements.
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