Thailand is experiencing a very positive response to the private home and apartment rental market. Many regular visitors who are familiar with the country find that the facilities offered by the traditional hotels or resorts to be somewhat cloistered.
Management will provide a holiday rental program for those owners who wish to rent their property to holiday guests, in order to defray their costs or gain income from their investment.
Management will be responsible for sourcing holiday customers and managing their stay. In addition the management will ensure that the villas are fully cleaned and maintained during the guests visits.
The beach front location will enhance occupancy demand and rental rates over competitive properties, many of which do not enjoy direct beach access or are remote from Phuket's activity centers.
Very close by is the 5-star Evason Resort and Spa, soon to be complemented by a planned new Four Seasons resort. The project shares the same views and location benefits as these top luxury resorts.
A reasonable return between 5.5 - 9% on your investment could be expected depending on your private occupancy.
RAWAI SAILING RETREAT
RENTAL YIELD* ASSUMPTIONS COULD BE EXPECTED
RENTAL YIELD* ASSUMPTIONS COULD BE EXPECTED
Type |
2 Bed Apartment |
2 Bed Apartment |
Villas |
||||||
|---|---|---|---|---|---|---|---|---|---|
Baht |
USD |
Euros |
Baht |
USD |
Euros |
Baht |
USD |
Euros |
|
| Purchase Price | 8.63 mil | 243,042 | 189,626 | 15 mil | 423,606 | 330,505 | 22.1 mil | 621,577 | 484,967 |
Rental/Day |
6,312 | 178 | 139 | 10,432 | 294 | 229 | 13,906 | 392 | 306 |
| 52% Occupancy | 476,682 | 13,428 | 10,477 | 842,128 | 23,722 | 18,508 | 1.16 mil | 32,805 | 25,595 |
Gross Yield |
5.5% | 5.5% | 5.5% | 5.6% | 5.6% | 5.6% | 5.3% | 5.3% | 5.3% |
| 56% Occupancy | 576,073 | 16,227 | 12,661 | 997,478 | 28,098 | 21,923 | 1.38 mil | 38,923 | 30,369 |
| Gross Yield | 6.7% | 6.7% | 6.7% | 6.6% | 6.6% | 6.6% | 6.3% | 6.3% | 6.3% |
60% Occupancy |
672,961 | 18,957 | 14,790 | 1.16 mil | 32,739 | 25,543 | 1.6 mil | 45,247 | 35,302 |
| Gross Yield | 7.8% | 7.8% | 7.8% | 7.7% | 7.7% | 7.7% | 7.3% | 7.3% | 7.3% |
62% Occupancy |
765,570 | 21,565 | 16,826 | 1.3 mil | 36,777 | 28,694 | 1.8 mil | 50,767 | 39,609 |
| Gross Yield | 8.9% | 8.9% | 8.9% | 8.7% | 8.7% | 8.7% | 8.2% | 8.2% | 8.2% |
* Rental Yield before Taxes and Maintenance Reserves but after operating costs and fixed costs (property insurance, common area fees and ground rents).
Year 1 : 2009 : 52%
Year 2 : 2010 : 56%
Year 3 : 2011 : 60%
Year 4 : 2012 : 62%
| No Of Days | Occupancy | Occupied Days | |
| Peak Season (21-31 Dec, 1-10 Jan) | 21 | 90% | 19 |
| High Season (1 Nov-20 Dec, 11 Jan-30 Mar) | 131 | 68% | 89 |
| Low Season (1 Apr-31 Oct) | 213 | 32% | 82 |
| Total | 365 | 52% | 190 |
| Peak Season | High Season | Low Season | Average Rate | |
| 1-Bed Apartment | 9,500 | 7,300 | 4,500 | 6,312 |
| 2-Bed Apartment | 14,000 | 12,000 | 7,900 | 10,432 |
| 2-Bed Penthouse | 17,000 | 15,000 | 12,000 | 13,906 |
Average Room rates for comparison
Daily Rates for selected Phuket properties |
||
1-bed Apartment |
2-Bed Apartment |
|
| Kata Gardens | 6,948 | 11,051 |
| Apaisia | 6,700 | 10,439 |
| Movenpick | N/A | 9,197 |
| Alamanda | 5,671 | 8,276 |
| Boathouse | 5,573 | 10,614 |
| Villa Royale | N/A | 13,489 |
| Phuket Pavillons | 11,823 | 11,823 |
| Average Group | 7,343 | 10,698 |
| Rawai Sailing Retreat | 6,312 | 10,475 |
The information provided is not a commitment.
NB : PRICES ARE QUOTED IN THAI BAHT. AT PRINT USD = 35.5 BAHT / EURO = 45.5 BAHT
