West Sands, Phuket’s newest 5-star residential and resort development, has launched the first fully flexible guaranteed rental return program. Called “Mix & Match” the program offers guaranteed returns from 6% upto 7.5%.
The award-winning West Sands Resort is proving more than just the leader in environmental building technology and leisure facilities, it also has concerns about what are the main benefits for its investors. Vacation homes have become incredibly popular for most savvy investors who want to make certain that every Thai Baht is spent wisely.
After taking time talking with the investors, the West Sands team realized that most investors are unique and need a customized package based on their nationality, occupation and purpose of buying a vacation home in Phuket.
According to Barry King, West Sands Marketing Director: “The idea came after we had a chance to reflect back at the last 12 months and look how different the world is one year on. With this in mind we knew that although clients wanted a guaranteed rental return, the usage amount offered did not take into consideration how life can change. So our idea is very simple; we base the return on how much usage the owner needs on a annual basis. 6% return offers a 30 days complimentary usage, if the owner then decides to reduce the usage to 14 days the return leaps up to 7%! For the serious investor we offer a no usage option with a whopping 7.5% guaranteed return.”
“The owner can alter from year-to-year as his lifestyle dictates; for example if the owner of a condominium wants a 6% return he would have the opportunity to use the unit complimentary for 30 days or two units for 15 days. Total flexibility,” added King.
West Sands covers 121 rai (approximately 50 acres) on Mai Khao beach on Phuket´s northwest coast. The project comprises 450 villas and residences, and is scheduled to open August 2009 for a soft opening and be fully operational by November 2009.
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