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Monthly instalments
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Total with mark-up
Location
Road distances · on foot up to 2.5 km, then by car · © OpenStreetMap
About the project
- Building 4 of the South Point complex in Rawai — the first Radisson serviced residence in Phuket; buildings 1–3 are Next Point Condominium
- Leasehold 30+30+30 years, 10-year lease-back with an extension option, fully furnished (FF&E), resale permitted; no owner occupancy
- Run by a Radisson-accredited management company within Radisson's global reservation system; profit split in proportion to ownership share, with a view coefficient
- Occupancy above 80% and 8.2% a year is the developer's conservative forecast
- 5 rai site, over 4,700 m² of amenities: rooftop infinity pool and bar, open-air cinema, gym, co-working, cafe-restaurant, kids club; underground parking for 140 cars
- Rawai beach 3 km, Nai Harn 4.2 km, Lotus and Makro 2.2–2.3 km, Central Festival 13.5 km
Investment and management
- Run by Radisson: plugged into the global booking system with over 20 million members
- Projected average annual occupancy above 80%
- Profit split by ownership share, a ×1.2 coefficient for the best views
- ROI in the developer's worksheet: 8.2% conservative, 9.0% optimistic
- Leasehold with a 10-year lease-back and extension; the owner does not live in the unit, but can resell it
Yield calculator
Rental income / year
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Rental payback
This is an estimate and not a guarantee of returns.
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