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SG Own Your Own Slice of Phuket Paradise

Property Here - Friday, December 06, 2013

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If you’ve ever dreamt of investing in property that can deliver low risk, high yield returns served up on an exotic island, then you would surely have been dreaming of Phuket. With its beautiful beaches, cheerful locals and year-round glorious weather, it seems to have it all. And now it does. Often described as paradise on earth, Phuket’s popularity as a holiday destination is ever-increasing and you can make money from this slice of paradise. The Phuket real estate market is booming and with over 20 billion baht to be invested over the next two years, the island is going through an almighty transformational period.

Hotel occupancy is currently topping 75 percent island-wide and investment in Thailand has never been so beneficial. The ever-increasing popularity of Phuket is showcased in the Tourism Authority of Thailand’s decision to introduce an additional terminal at the international airport, to ensure they can cope with the escalating number of tourists.

Purchasing property in Thailand is impossible unless you are a local resident, so how else could you capitalise on the booming tourist trade? As the economy bounces back from the latest crisis, investors globally are seeking alternative property investment opportunities. Hotel investments have often been associated with the rich and famous, with tycoons including Donald Trump making their fortunes the same way. However, with the latest buy-to-lease hotel investment offering from Castlewood Group, this option is now a reality.

The Nikki Beach Hotel & Spa, Phuket is a joint venture between Castlewood Group and the world-renowned Nikki Beach brand. A popular choice for A-listers, sports personalities and business types, this is the lifestyle brand’s first ever hotel venture and the timing couldn’t be more perfect. Set a stone’s throw away from Bang Tao Beach and next to Laguna, the award-winning hotel delivers 174 keys including suites, villas and penthouses. With celebrity chef menus, a rooftop infinity bar, external yoga area, state-of-the-art technology throughout, the hotel is expected to set the bar for contemporary luxury hotels.

Unlike residential property investment, Castlewood Group ensures that your investment is hasslefree. There is no stamp duty to pay, nor tax to be paid on any gains. Once you have joined forces with Castlewood, they cut out the inherent hassles and take you straight to your profits.

Investments start from as little as S$35,000 and with the freedom to choose fixed or variable returns, the choice is yours. The investment is fully title insured and has a clearly defined exit strategy in place, giving you complete peace of mind.