Rental Pool Program

How income is calculated
A program according to which the Management Company handle the accommodation and guest services on behalf of the owner. The owner receives passive income from the actual renting out of the apartment.
THE OWNER ENTERS INTO AN AGREEMENT WITH THE MANAGEMENT COMPANY
According to the contract, the apartment is reserved for the owner for 30 days a year in the summer. The owner may stay by himself or invite friends or family members.
THE MANAGEMENT COMPANY FORMS THE POOLS AND RENTS THEM OUT
Pools are formed from apartments of the same type. All studios are combined into one pool, one-bedroom into another and so on. All expenses and profits are divided for each apartment in the pool in equal shares.
AT THE END OF THE REPORTING PERIOD, THE OWNER RECEIVES AN INCOME
The management company calculates the rental revenue for each pool, deducts expenses and calculates the net profit from the rental of the apartment. Next, the management company provides full reporting and transfers 60% of the net profit to the owner.
Calculation of the income under the Rental Pool program, studio 30.3 m2
Low season - 184 days
Average rental cost per day - 3,600 THB
Occupancy — 65%
Middle season - 151 days
Average rental cost per day - 3,900 THB
Occupancy — 80%
High season - 30 days
Average rental cost per day - 5,100 THB
Occupancy — 95%
THB 1,047,030 — revenue per year, considering the seasonal occupancy
THB 469,926 — total expenses
THB 577,104 — net rental profit
60% of the net profit — owner's income
THB 346,262 — the owner's income, which is 9.14% of the apartment cost
THB 3,787,000 — the apartment cost
INCOME FOR 10 YEARS
Based on our experience in the market, we project revenue to increase by 3% annually. This will be achieved through brand promotion and natural market growth.
For 10 years of ownership, the owner’s total income will be THB3,969,510, which is 104.82% of the cost of the apartment.
How income is calculated
Option A
Cash Back*
10%
1st payment
100%
2nd payment
-
3rd payment
-
4th payment
-
Option B
Cash Back*
5%
1st payment
50%
2nd payment
20%
3rd payment
20%
4th payment
10%
Option C
Cash Back*
-
1st payment
35%
2nd payment
30%
3rd payment
25%
4th payment
10%
Estimated payment terms

1st payment: within 30 days after the reservation (minus the amount of the reservation).

2nd payment: upon the Building A ground floor structure completion (November-December 2021)

3rd payment: upon completion of the plastering work (June – July 2022).

4th payment: on transfer of ownership (Q4 2022)

To participate in the program, it is necessary to purchase a full standard furniture package from the developer. It is important to note that the management company bears full financial responsibility for the apartment and solves all issues of maintenance and repair of the apartment without involving the owner.

Loyalty program
All owners of the apartments automatically become a members of the Layan Green Park loyalty program and receive benefits:

25% discount for all room categories at Layan Green Park

25% discount on SPA services

20% discount on Food and Beverage in all outlets and room service

15% discount on transfer

Priority Check In

Early Check-in and late Check-out, free of charge

Additional discounts from our partners. Would be announced closer to the complex opening
Full conditions of the Loyalty and Rewards program would be announced 6 months prior to complex opening

Contact us

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