The Spa Chiang Mai Resort
"The Residences" at The SPA Chiang Mai Resort
"The Spa Resorts Investment/Retirement Community."
 
INVESTMENT OPPORTUNITY

A Healthy Investment:

Initially, the investment offering in the Residences was reserved exclusively for the long time regular customers of the "Spa Samui" and within days of the announced offering it was met with unprecedented enthusiasm resulting in record setting sales.

In fact, according to Brad Ferguson, Marketing Consultant for the development, "the project was 80% pre sold before we had completed the first model home. We have never advertised outside of our own extended family of regular clients and this has allowed us to retain the integrity and scope of our vision without compromise." About 75% of our buyers are interested initially in the investment aspect and see this as a great opportunity; about 25% are planning to live here on a permanent basis. This ratio is expected to shift to more permanent residences in the future as many investors begin to reach retirement age.

When asked to what he attributes the overwhelming response from buyers and the marketing success of the new community ,Brad Ferguson responds with a quote from a favorite author, Tom Robbins, “It’s never too late to have a happy childhood” and that's what the Spa lifestyle is all about. You have to understand that every one of our buyers is a person that shares a common bond, and that is, a passion for living life to the fullest. This is what the Spa Samui has been teaching people for the past 17 years, how to look after your own health, how to live in harmony with your whole self, and more recently, to learn to take advantage of the latest developments in the field of longevity and apply these on a personal basis.

The type of person that the Spa lifestyle attracts is diverse and now include a retired English professor ,the ex “worlds highest paid super model”, a helicopter pilot for the royal family in Dubai, a retired documentary film producer , a well known British yoga and Pilates instructor, and an international lawyer, to name a few.

"We have an extremely interesting and eclectic group of people that have chosen to invest and live here and we feel very lucky to have such fascinating neighbors", says Guy also a Residence Villa owner. "When you consider that for the past several years The Spa has had a consistent occupancy rate of 80%-90% and a regular clientele of over 5000 people from all over the world, it is not hard to understand the success of the initial offering, we’re so fortunate to have this amazing group of customers we can call friends"


Five year projection / Participation in rental program

Based on :

     Two bedroom Semi-detached Bungalow
     Purchase price of 4.1 million Thai baht
     Rental rate of 4500 baht per night with a 20% increase beginning in year 5.
     Owner management profit share 75% owner 25% management.

 
  Year 1 Year 2 Year 3 Year 4 Year 5 TOTALS
Occupancy rate 30% 40% 60% 80% 80%  
Daily Room Rate 4500 baht 4500 baht 4500 baht 4500 baht 5400 baht  
Gross income 657,000 985,500 1,314,000 1,314,000 1,576,800 5,846,800
Owners income 4,385,100
Owners estimated expenses ie. Property tax,maintainance fees, etc. 285,000
Owners Net Income over 5 years 4,100,100

For the purpose of these projections, we have based occupancy rates on an initial 30% average and increasing over 4 years to 80%. Very conservative figures when compared to actual occupancy rates at the existing 'Spa Resorts'.

Based on these conservative projections, the ‘Bungalows’ will pay for themselves in approximately five years. This represents an average annual return of 20%