Phuket´s West Sands integrated resort development on Mai Khao Beach launched a 10% Return of Investment programe in December last year. The 10% guaranteed ROI is for the next five years on Phase 2 of the project (Town Home and Condominium units).
“Since we launched the 10% Return of Investment program last December... 10 units have been taken by savvy investors. Mostly our investors are from Switzerland, China, Japan and Russia. Our 10% guaranteed return of investment program effectively eliminates the risk for all people who are looking for the opportunity to invest on Phuket Island” said Mr. Barry King, Marketing and Property Sales Director of West Sands.
“Therefore, we have considered extending the promotion validity to the end of February 2009 on a first-come-first-served basis. Phase 1 of the project sold out in September and will open in June 2009.” he added.
West Sands is being developed as a Luxury Lifestyle Resort that will offer great rental returns with special features such as a state of the art Water Park , the first in Phuket . The business model of water park and residential units has a proven success record and according to King will give West Sands a 30 - 50% better occupancy than surrounding hotels and resorts.
West Sands, for the second consecutive year, won the prestigious Green Development Award at the 2008 Thailand Property Awards.
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