Sheraton Phuket Grand Bay Resort & Residences
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Rental Management Program
Conditions:
1. The “Purchaser” will receive a fixed return of investment at 5%, 6%, and 7% during the 1st, 2nd, and 3rd year of the rental program. From the 4th year to 20th year, the rental return to the “Purchaser” will be the actual revenue from the rental management by Sheraton.
2. The rental management program is scheduled for 20 years by Sheraton, but “Purchaser” can terminate this rental management anytime by giving a 60-day advanced written notice to Apex.
3. “Purchaser” can enjoy 30 days free-stay per year (15 days during November to April and 15 days during May to October).