CISSA GROUP revealed the progress of Wyndham Nai Harn Beach Phuket Project. It was in the process of decorating the common areas in the hotel zone and would be ready to open this year. The Company ensured that the Phuket property market continued to grow.
Mr. Autthanop Pandkamnerd, the Chief Executive Officer of Cissa Group Company Limited, the leading investment property developer, and the project owner of Wyndham Nai Harn Beach Phuket, managed the sales in the form of investment property. This project attracted attention of investors continuously. More than 80% of the hotel construction is completed and it is expected to open this year.
“Currently, the decoration of common areas of the hotel has been implemented urgently to meet the standard of the 5-star hotel, accommodating tourists in the lobby, spa room, sauna room, and kids club. Regarding the hotel rooms, they are already decorated. There are only some parts needed to be fixed for perfection and readiness before the hotel is fully opened.”, said Mr. Autthanop.
Those who invest in IP property with Wyndham Nai Harn Beach Phuket Project can be assured of yields received. Phuket is a tourist city with high economic growth. The purchasing power of foreigners for real estate increases constantly because Phuket is considered one of the world destinations for tourists and the world investment destination for investors.
Wyndham Nai Harn Beach Phuket is a 4-storey building, divided into 2 types of rooms with the sizes of 40 square meters or more and 60 square meters, totaling 353 units. There are 12 buildings located on Nai Harn Beach, approximately 800 meters away from Nai Harn Beach. It is the freehold land. General investors can invest in 248 units only. The price starts at 6.5 million Baht. The remaining units are the proportion of major investors from Cissa Group. 6% guaranteed yields for the 1st-2nd year and the yields based on the hotel’s operating results for the 3rd – 15th year will be provided. The forecasted average is 10%. After deducting all operating costs, the profits will be allocated to investors with a full 100% share profit.
Regarding the IP property development, investors not only receive investment yields, the project is also designed to allow investors to enjoy a free stay at Wyndham Nai Harn Beach Phuket Project for 30 days a year, or choose to stay at Hotels & Resorts of RCI Group in more than 120 countries around the world. It is worthwhile to offer investors these options to stay and get more than 30% discounts at hotels. Plus, there are membership cards with the access to many benefits.