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Resort Market Update

By on Feb 26, 2010 in Video

In an economy and a market where bank interest rates are low, and resort developments is slowing down, there are opportunities for branded residential property owners to rent out their properties as holiday homes to earn additional income.

Visit CBRE Samui for more details on Conrad Koh Samui Residences

Aliwassa has been the Managing Director οf CBRE Thailand for a number of years. As a Thai national, Aliwassa is extremely knowledgeable about the sale of property in Thailand, specifically large scale high value condominium developments largely in Bangkok.

2 Comments

Sam Quigley

Noticed your companies plug for high end resort property giving consistent returns over a 20 year period.
Perhaps you could explain how the developer can offer such a high rate of return. Skeptics might say that the pricing of the individual properties wraps in significant profits and thus the give away over the short term is easy to fund.
I also notice that this project is exclusively marketed by CBRE. I note that this shows the project being chosen as a top property to own in 2010.

Admin

Sam,

Thanks for your question. The highest return I am aware of as a developer guaranteed offer is the Conrad Koh Samui Residences with 7% of the first 5 years and is based on projected income.

The Banyan Tree has various schemes at 6%, some of which may be renewable over multiples of 6 years term. I am aware that the Sheraton Laguna Villas and Condos from 1995 to 2004 regularly returned buyers at 12%.

In my view, it all depends on the quality of operator and the suitability of the residence for branded hotel inventory.








 

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