Rental guarantees in Phuket

[topgear]

Dear all

If anyone has a view on rent guarantees. Our developer is offering up to five years at 7%pa. Not bad really but in my experience in Dubai we have made far more by renting through an agent and paying them 15% management fee. I have looked at some of the rental agents in Phuket and as you would expect they all suggest that they will rent your property easily and the income would be good.

If anyone has recent experience of the local agents and/or has any recommendation's it would be great to hear from you.

Cheers
topgear

[layangardens]

Dear Top gear, below is a brief summary.

Here at lunaphuket and layan gardens, we belive the rental return per week should be approximately as follows:
Low season (May to November) - US$ 800 - 1,000
High Season (December to April) – US$ 1,200-1,500
Peak Season (December 15th to January 15th) – US$1,800 – 2,200

Longer term rentals will return approximately 20% - 30% less per week dependent on the length of stay.

Rentals will be generated through our Luna Phuket website, enquiries to our offices and by each owner themselves.

Once all our villas are sold our web site will be used exclusively for property rentals and any re-sales on behalf of our owners. Additionally rentals will also be sought on behalf of our owners through local contacts, Phuket information web sites and property and villa management companies and local real estate agents.

Whilst the Luna Phuket Management Office will not be marketing rentals in any other way, our staff will be pleased to facilitate and book advertisements. They will also recommend inexpensive and effective publications and web portals should an individual or group of owners wish to advertise for prospective customers.

Additionally we are very happy for you to market your own property and to keep all the proceeds from your marketing efforts, which is quite unique amongst the developments here in Phuket. In this case a flat fee will be charged by your management to cover the cost of airport transfers, laundry, toiletries and household cleaning.

Regards