Invest in a luxury Phuket hotel
GLOBAL luxury-lifestyle and hospitality brand Nikki Beach has set foot on yet another breathtaking spot in Asia - this time in Phuket, Thailand.
Nikki Beach Hotel & Spa, developed by Castlewood Group, is just a stone's throw away from the tranquil Bangtao Beach - think pristine white sands and refreshing turquoise waters.
Investors, from first-timers to the seasoned, will be spoilt for choice with the array of suites, sky villas with private pools, and exclusive villas, also with private pools.
Half of the property will be offered to investors, while Castlewood will retain the other half.
One can opt for fixed or variable returns on their investment, with the former promising a guaranteed return of 5 per cent each year until 2020, when the hotel is slated to be sold in a clear exit strategy.
Investors who take up the variable-returns option can look forward to receiving an annual sum of up to 18 per cent, based on the average hotel occupancy - expected to be 75 per cent - and the average nightly hotel charge.
Set to be one of Phuket's most luxurious, the hotel features a gorgeous 45m free-form swimming pool that will come with intimate nooks and deck areas, platforms, landscaped islands, and even a private cabana.
Guests can enjoy the panorama of the sun setting over the sea from the rooftop infinity pool, or soothe their bodies and minds at the hotel's spa rooms, which offer customised services from specially trained therapists.
They will also enjoy complimentary transport to the separate beach club - the place to see and be seen.
Each hotel room is fitted with state-of-the-art technology and exquisite furnishings, and guests staying on the ground floor can even step right from the balcony into the private swim-up pool.
Those staying at the sky villas can indulge in their own private pools on the penthouse balconies, which overlook a lush tropical landscape or a beautiful private garden.
Location: Bangtao Beach in Phuket, Thailand
Developer: Castlewood Group
Number of units: 151 hotel rooms, 23 suites reserved for stakeholders' use
Indicative price: S$35,000 and up for investments into hotel rooms
Opening: End June next year