Radisson Phuket Mai Khao Beach

Radisson Phuket Mai Khao Beach is situated in one of Thailand's most popular and fastest-growing leisure destinations, providing a high occupancy rate and a stable return on investment. The hotel management will be undertaken by the Radisson Hotel Group, a globally recognized hotel brand with a proven record of managing the operations of over 1,400 hotels worldwide.

All investors in Radisson Phuket Mai Khao Beach will receive a guaranteed yield period during the first three years of operation, to be followed by a revenue-sharing model from the fourth year. The hotel management company will serve both business and leisure guests with care and class. Serviced to the highest standard, the Radisson Phuket Mai Khao Beach offers purchasers and guests an excellent opportunity for investment in an upscale resort.

Mai Khao - which means ‘white wood' in Thai - is situated on the northern part of Phuket island. The pristine beach stretches over seven kilometers and abounds with native tropical plants and diverse wildlife, allowing for an escape to tranquility. Radisson Phuket Mai Khao Beach is set directly opposite the beachfront and offers panoramic views overlooking the iridescent Andaman Sea. Guests can take-in the spectacular sunsets by the infinity pool or enjoy the sea breeze during a peaceful stroll around the lush gardens or on the nearby beach.

Radisson is an upscale hotel brand that delivers Scandinavian-inspired hospitality and enables guests to focus on a work/life balance and find more harmony in their travel and vacation experience. Based on building meaningful relationships with guests, it features a 'Yes I Can!' service attitude designed to deliver satisfaction to every guest. The hotels can be found in suburban and city settings, near airports and in leisure destinations. Guests and professional business partners can enhance their experience with Radisson by participating in Radisson Rewards, a global loyalty program offering exceptional benefits and rewards.

Radisson Phuket Mai Khao Beach is part of the Radisson Hotel Group, which also includes Radisson Collection, Radisson Blu, Radisson RED, Park Plaza, Park Inn by Radisson and Country Inn & Suites by Radisson.

For further details including floor plans and latest availability please contact us at info@richmonts.com or call +66 (0)86 533 6789.

Project Specifications

The total land area of the development is a spacious 4-Rai or 7,872 sqm. There are 8 buildings, each with 4-floors - except for building 5 which has 3-floors. The total gross floor area of the hotel is 14,000 sqm and there are 222 rooms, 110 of which are available for ownership with the remainder being run by the hotel directly. The development is FREEHOLD with a hotel license.

Hotel facilities are extensive and include two on-site restaurants offering a variety of appetizing dishes to delight every palate. There is also a rooftop bar and pool area where guests can relax and interact with new friends over an eclectic mix of beverages. There are two swimming pools; an expansive infinity pool allowing guests to take a refreshing dip, or lounge at the poolside on comfortable outdoor furniture, and a second pool area, located on the roof of the main lobby building, which is also a great space to relax and enjoy sunset views. There is a professional gym equipped with state-of-the-art equipment, a traditional Thai Spa, a meeting room for conferences, and a Kid's Club with trained staff on hand.

There is a choice of 5-types of beachfront rooms for investors to purchase, some of which feature a private pool or a freestanding bath. All are designed in a timeless Scandinavian style, with thoughtful touches that balance functionality and calm:

Type A Deluxe Sea View Studio - 41 sqm - total 30 rooms - prices from 7.2 MB to 7.4 MB
Type B Premier Sea View Suite - 47 sqm - total 56 rooms - prices from 8 MB to 9 MB
Type C Premier Pool Access Suite - 47 sqm - total 8 rooms - prices from 8 MB to 9 MB
Type D Deluxe Sea View Studio with Private Pool - 56 sqm - total 10 rooms - prices from 10.6 MB
Type E Premier Sea View Suite with Private Pool - 60 sqm - total 4 rooms - prices from 11.2 MB

Prices & Promotions

Prices start from 7.2 MB (US$237,374, HK$1,857,079, SG$322,433, CNY1,658,893, EURO214,274)
Payment terms for Radisson Phuket Mai Khao Beach are simple and straightforward. A booking fee of THB100,000 is required to secure your unit. Thereafter 30% deposit is required within 14 days of booking. There are no further payments required until completion in Q4 2022 at which time the remaining 70% will be due.

The Common Area Management charge for Radisson Phuket Mai Khao Beach will be THB50/sqm/month and the one-off Sinking Fund payment will be THB600/sqm. This means the average monthly management fee for a Deluxe Sea View Studio 41 sqm unit-type will be THB2,050 (US$67, HK$528, SG$91, CNY472, Euro61).
The Hotel Management Agreement is for 15 years, with the option for the developer and Radisson Hotel Group to continue for an additional 15 years. 


All investors in Radisson Phuket Mai Khao Beach will benefit from a guaranteed rental yield of 6% for the first three years of ownership. Net rental returns are projected to be between 4.55% and 6.5% per annum from the fourth year onwards depending on the occupancy rate of the hotel and the room type. All owners must comply with a mandatory leaseback agreement for hotel management.

All owners will become Radisson Reward Platinum members worldwide and get a 50% discount on the best available rate at Radisson Phuket Mai Khao Beach.

For further details including floor plans and latest availability please contact us at info@richmonts.com or call +66 (0)86 533 6789.

Factsheet

Location

Highly accessible for international guests, Radisson Phuket Mai Khao Beach is a 10-minute car ride from Phuket International Airport. The opening of Phuket International Airport’s new terminal in 2016 raised the airport capacity from 6.5 million to 12.5 million passengers annually, and Phuket’s popularity as a leading international tourist hotspot has placed it amongst the top 10 leisure destinations in  MasterCard’s  Global  Destination  Cities  Index with over 13.2 million visitor arrivals in 2017.

Nearby amenities

Yacht Haven marina
Ao Por marina
Bangkok Hospital Phuket
Central Festival shopping mall
Ao Phang Nga national park

UPCOMING infrastructure

Between 2022 and 2025, Phuket International Airport plans to increase its planned capacity from 18.6 million passengers to 25 million passengers annually.  The Airport currently services direct flights to and from 80 destinations in 24 countries worldwide.  

Radisson Phuket Mai Khao Beach is also within easy reach of the planned Phang Nga Andaman International Airport due to open in 2025. The Proposed Phuket Second Airport will further support the Northern part of Phuket island’s undoubted tourism potential and help accommodate 10 million additional passengers by 2025.

Phuket Light Rail is also due to start construction in 2020 and is expected to be operational by 2024. The line will run from North to South and will be 58.5 kms in length with 23 stations serving an estimated to serve 68,000 passengers per day.

highlights

  • Price Starts at 7.2 MB for 41sqm equivalent to THB175,600 per sqm.
  • Rental Return Program for 15 years, first 3 years guaranteed 6%.
  • Secure Investment – Hotel managed by one of the world’s largest hotel groups
  • Owners automatically become a Platinum Rewards Member –with global benefits and privileges.
  • Fully furnished, fitted and equipped according to the International brand standards and specifications of the Radisson Hotel Group.
  • High rental yield and capital appreciation projection due to scarcity of beachfront land in Phuket.

For further details including floor plans and latest availability please contact us at info@richmonts.com, call +66 (0)86 533 6789 or complete our enquiry form.

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