Phuket Vacation Condo Suites Kamala Beach
This is a great investment opportunity with several return options for investors. The project will be managed by Ramada and features an array of attractive amenities. The location is ideal along “Millionaire’s Mile” by Kamala Beach, built by a very successful development firm in the area.
This project is located in between Hyatt Regency and The Plantation on Millionaire’s Mile at Kamala Beach, which is one of the most exclusive coastlines of Phuket. This area is surrounded by top 5-star resorts, multi-million dollar villas and even the Prince of Thailand has his own palace on this stretch of coastline. This project is located around a 30 minute drive from Phuket International Airport. The Developer launched the project around 3 months ago and they are already around 55% sold out, due to high-demand. 75% of this project will have a perfect sea-view with the rest of the units having either a partial sea-view, garden view or a mountain view (there are still sea-view units available). You can walk to the beach and sea within 1-2 minutes from this project.
This project will be managed by the Ramada Group who are a worldwide brand so we know the management is going to be professional and efficient. They will be offering 2 investment packages to the Buyers which include the 7% Guarantee Program for 5 years with the owner being able to stay 14 days free of charge in their own unit per year (May – October) and then the Ramada group will advertise and rent out each unit using their own well known methods. The Buyer will receive 35% back in the first 5 years guaranteed.
The other investment option would be Ramada’s Rental Pool Program. This program would work similar to the Guarantee Program but with higher rental income potential. Each unit would be put in rental pool groups and would share the rental income with other Buyer’s in their group. Ramada are predicting that Buyer’s which choose the Rental Pool option would receive around 12-14% per year due to the location, facilities and rental management. Each Buyer is more flexible to stay in their own unit with this program also.
The Project Developer
The main Developer is one of the best in Phuket; in relation to investment, holiday home, and retirement. They have been proven reliable, honest, genuine, fair, and they only build projects with a high quality standards. Projects are developed in prime locations, with easy access to beaches, restaurants, shopping malls, bars, and supermarkets etc. All in-house facilities are built to 5-star standards previous projects have proven to be huge successes.