· apartment

Beachfront Apartments with Private Pools and Sea View in Mai Khao, Phuket

Thailand · Phuketid #24510

About the property

Yield 6.0% Number of buildings: 8 Total apartments: 222 Bedrooms per apartment: 1 Location: Mai Khao Distance to the sea: 3 m Developer: on request Amenities and services: Lobby and bar Welcome corner 2 restaurants Conference hall with lounge areas Gym and spa Rooftop bar and poolside bar Main pool Children's pool and kids' club 24-hour staff Room service Security, CCTV, Wi-Fi Radisson Platinum for owners only Radisson benefits and privileges worldwide Free owner stays: 14 days per year Low season (May 1 – October 31): 7 days High season (November 1 – December 19 and January 21 – April 30): 7 days Payment terms: Non-refundable booking deposit: 200,000 THB 1st payment: contract signing (within 30 days of booking) – 40% (minus the deposit) 2nd payment: completion of foundation, structure, walls and floors (October 2023) – 40% 3rd payment: handover (start of operation around Q1 2024) – 20% 15-year leaseback program: 6% guaranteed income for 3 years (net profit before tax), years 4–15 Income split: 40% to the owner – 60% to the management company Shared rental pool by property type 40% of the total net income from the unit to the owner No need to worry about operating costs

Key details

Type
Apartment

Location

Mai Khao, which means "white forest" in Thai, is located in the northern part of Phuket Island. An untouched beach stretches more than 7 kilometers and is abundant in local tropical plants and diverse wildlife, offering an escape to tranquility.

  • International Airport 15 minutes
  • Turtle Village 10 minutes
  • Blue Canyon Golf 10 minutes
  • Yacht Haven Marina 15 minutes
  • Laguna Golf Course 25 minutes
  • Bangkok Phuket Hospital 40 minutes
  • Central Festival/Floresta shopping mall 45 minutes
  • Robinson Thalang 25 minutes

Investment highlights

Payment terms:

  • Booking deposit (non-refundable) — 200,000 THB
  • 1st payment — contract signing (within 30 days of booking) — 40% (less deposit)
  • 2nd payment — foundation, structure, walls and floors completion (October 2023) — 40%
  • 3rd payment — handover (commencement of operations, approximately Q1 2024) — 20%

15-year rental management program:

6% guaranteed rental income for 3 years (net profit before tax)

Years 4–15

  • Revenue split: 40% to owner, 60% to management
  • Shared rental pool by unit type
  • 40% of total net room revenue to owner
  • No concern about operational expenses

On the map

Property details (price, area, specifications, photos) are provided by a partner or seller, or taken from their sources. They are for reference only and may be inaccurate or out of date. This is not a public offer. For current terms, check with your advisor · Learn more.
Price€255,000
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