Nigel Burt

Phuket (THA)
Role(s):
Manager/Supervisor

Phuket Andaman Real Estate Co., Ltd

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Location:
Description: Dear Sirs I represent Phuket Andaman Real Estate Co., Ltd. based in Phuket Thailand. I our daily work we come across investment opportunities, and recently have become involved, as an agency, in raising capital for individuals and companies seeking short term financing. This is based upon a traditional Thai form of financing called “Kai Fak”, which is usually based upon 50% of the sale value of the property. There is considerable demand for this service which, at present, is being carried out by ineffective local individuals. We perceive an opportunity to bring professionalism to the market
Services Provided:
  • Capital Broker
Manager/Supervisor

Phuket Andaman Real Estate Co., Ltd

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Location: Phuket
Range: $100k - Above $10 Mil
Investor Type: Capital Broker
Accredited: Yes
Description:
Funding Types:
  • Alternative/Creative Finance
  • Secured Loan
Industries:
  • Real Estate
Investment Regions:
  • Thailand
Manager/Supervisor

Phuket Andaman Real Estate Co., Ltd

Find More Startups Startup
Location: Phuket
Industry: Real Estate
Year Founded: 2006
Number Employees: 10-50 people
Description: Dear Sirs I represent Phuket Andaman Real Estate Co., Ltd. based in Phuket Thailand. I our daily work we come across investment opportunities, and recently have become involved, as an agency, in raising capital for individuals and companies seeking short term financing. This is based upon a traditional Thai form of financing called “Kai Fak”, which is usually based upon 50% of the sale value of the property. There is considerable demand for this service which, at present, is being carried out by ineffective local individuals. We perceive an opportunity to bring professionalism to the market, creating a strong and profitable business. Effectively we offer the opportunity for investors to generate returns of on average of 24% per annum. Transactions are secured with title deeds to property, which are effectively ‘sold’ to the investor at the point of drawer down, with the transaction registered with the relevant Land Office, as with any property sale. Within the contract, the original owner has a buyback option at the end of the contract term. If they are unable, unwilling to re-purchase the property, the transaction is completed in favour of the investor who is free to sell the property on with the possible 40-45% extra profit. At present we are considering projects from as little as 10 million THB for an individual, up to a resort requiring 300 million THB. At the moment we are servicing enquiries for over 500 million THB. We have a number of investors already involved, but we would like arrangements with many more allowing us to cover a broader range of prospective business. We would be grateful if you would indicate whether this level of investment is of interest to your company. Thanking you in anticipation of your kind consideration.