June 30, 2023
Wyndham La Vita S5205
◦ Leashold ownership - 90 years
(Freehold +10,000 THB/1 m²)
Project details with photo and video can be found → here
Hotel management
The hotel is managed by the WYNDHAM Group
(the world's largest hotel chain)
◦ Profit from renting is distributed:
80% / 20%, where 80% of the profit is received by the owner and 20% is taken by hotel for the services of renting. Payments are made annually.
◦ Approximately yearly income from rent annually - 8-10% of the cost of the price (after deducting 20% for the hotel)
◦ The rental contract is for 5 years. Renewal possible every 5 years