Apartment on Phuket Island, Thailand, 34 m²

Complex of 3 buildings, 7 floors each, with 353 units and underground parking. Layouts: studios, 1- and 2-room apartments.

Complex of 3 buildings, 7 floors each.

Total of 353 units in all 3 buildings.

Building A = 146 units (84 studios + 62 1-room apartments)

Underground parking:

Building A = 42 parking spaces (2 disabled).

Building B + C = 72 parking spaces (3 disabled)

Layouts:

1-room 52 sq.m.

Studio 34 sq.m.

2-room 68 sq.m. combination of 2 studios

2-room 86 sq.m. 1-room + studio combination

Ceiling height:

1st floor = 3.1 m

2nd to 7th = 2.8 m.

Infrastructure:

1. Underground parking with car wash

2. Gym 900 sq.m.

3. Italian restaurant 540 sq.m.

4. SPA complex

5. Coworking area

6. Kids club

7. Operable roof with cinema, lounge bar and walking area

8. Mobile application with additional services: transfer, room cleaning, dry cleaning, training registration, table reservations, excursions, car and yacht rental, ordering food sets with room delivery, making a deposit for utility bills with automatic debiting of payments.

Layouts and prices:

Studio 34 sq.m. min. cost 3,580 thousand baht

1-room 52 sq.m. min. cost 5,390 thousand baht

2-room 68 sq.m. min. cost 7,060 thousand baht

2-room 86 sq.m. min. cost 8,770 thousand baht

Infrastructure of the complex:

underground parking with car wash

900 sq.m. fitness room

540 sq.m. Italian restaurant

SPA center

Co-working area

Kids club

Operable roof with a cinema on the roof

The complex will be with Ramada by Wyndham hotel management with a 75/25 yield program from net profit.

Expected annual rental yield: from 8 to 10%