Originally Posted by
Jack meoff
Can any financial savvy members explain the 7% return on rentals here?
In addition to making the perfect holiday home, The Beachfront offers exceptional opportunities for any investor looking to maximize their earning potential from their investment on Phuket. Prime, absolute beachfront locations such as the one occupied by The Beachfront are becoming increasingly rare on Phuket, which means constant capital growth is guaranteed. Those looking for a regular rental income will benefit from the fact that The Beachfront will be a fully-featured holiday resort operated under the Best Western brand – the biggest chain of hotels in the world, with over 4,000 hotels operating under their banner. Due to this fact, the developers are offering a Guaranteed Rental Scheme offering a choice of either 7% per annum for a period of four years, or a 6% return for a period of five years. After this period, owners can still benefit from excellent rental returns from a revenue split with the hotel chain. Investors wishing to stay at their apartments can take up to 14 days personal usage at any time between May and October.
So no matter whether you are looking for a beautiful holiday home right on the beach, or a risk-free investment guaranteed by the strength of the largest hotel brand in the world, The Beachfront is sure to be an ideal option.
Type m2 Price/THB Start Date June 2014
Studio – Min 28.7 3,063,223 Closing Costs 4.4%
Studio – Max 35.0 4,915,312 Payment Plan
One-Bed – Min 44.6 4,509,729 Reservation Fee THB 100,000
One Bed – Max 54.0 7,007,250 Deposit Payment 35%
Two-Bed – Min 70.0 7,471,275 Interim Payments 60%
Two-Bed – Max 110.1 15,647,715 Handover 5%