Far away, on a tropical island free from the ravages of a nasty super-bug, there is a developer creating a very interesting On The Beach Investment. In Layan, on Phuket’s west coast, something quite special is coming out of the ground. The 672 units are housed in a complex of 9 apartment blocks. All within 2 minutes walking distance to a stretch of beach running run 6 km.
This project is earmarked to be completed in 2023 and offers great value for its buyers and investors. Prices start from just THB 4.26 mill for a 33 sqm studio. The price per sqm is very attractive. Consider the projects locations and financial benefits of 7% rental return for 5 yrs and a 115% buy-back option.
The project is the creation of Safe Gold Group and Golden Investment Group, both from Hong Kong. South Australian AUTA Group make up the development and financial body. This collaboration has resulted in T.H Group Phuket Co., Ltd, the primary developer taking charge of operations and construction.
On The Beach Investment
Units vary in size from 33 sqm to a whooping 144 sqm and come fully furnished. So no mucking about drifting from one furniture shop to another. It’s all done for you.
The development itself will be part hotel complex and part residential units. These can also be leased back to the hotel operator to generate a very attractive rental income. Facilities are to include a state of the art gym, luxury spa, pool bars, restaurants, kids club etc.
All in all, this project is a very interesting investment opportunity with the safety net of the 115% pay-back option. And as a family holiday apartment, it also makes sense for individuals, couples and smaller families.
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