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Residential Real Estate Construction Company Seeking Loan in Phuket, Thailand

Development loan for pre-revenue luxury Phuket townhomes: 15% preferred return + 40% profit share.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Phuket
Local Time 2:51 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.6 million for 15.0% annual interest, 2 years (Native Currency: THB 84,692,720)
Reason: We are inviting a single funding partner to finance the construction of eight completed luxury townh... View More
Collateral Available: USD 0
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Business Overview
- The business is in the pre-revenue phase.
- Live project, not a concept. Construction is already underway, with capital deployed on a monthly drawdown basis — the investor funds only what is needed, when it is needed, keeping peak exposure low.
- Built-in cost advantage. Construction is delivered in-house at cost plus 7%, well below typical third-party developer build costs in the corridor — protecting margin and supporting returns.
- Attractive entry pricing. Investor entry at ~THB 64,000/sqm sits at or below the non-branded villa median for this submarket (benchmarks: non-branded villas ~THB 70–73k/sqm; branded villas ~THB 162k/sqm), while delivering a branded, amenity-rich experience.
- Downside protection + upside. A fixed 15% p. a. preferred return on drawn capital (senior to all profit distribution) plus a 40% share of project profit on completed-unit sales.
- Indicative returns: base case ~32% return on capital (~21% annualised); upside case ~44% (~29% annualised) over an ~18-month horizon (~13 months build + sell-down).
- Strong security package: first-priority interest over the eight units, assignment of sale receivables, a ring-fenced project account with dual-signatory drawdown controls, independent quantity-surveyor verification, monthly progress reporting, and contractor step-in rights.
- Proven location. The Cherngtalay/ Bangtao–Layan corridor accounts for over 54% of the island's active luxury listings — Phuket's most dynamic residential market — supported by record airport throughput and sustained tourism demand.
- Credible track record. The developer has operated revenue-generating assets on the same master plan for 3 years, with demonstrated off-plan sales velocity.
- Registrations: The business is registered as a private limited entity with construction permits.
Products & Services Overview
The opportunity is a development funding partnership for a standalone cluster of eight luxury townhomes currently under active construction within an established, integrated sports and well-being destination.

Each home is a three-level, 219 sqm residence featuring 2+1 bedrooms, a rooftop terrace, a cold plunge, and secure underground parking, all finished in a calm, natural Japandi design style.

The homes will be sold to international and domestic buyers as private residences or rental-pool investments, with an optional managed short-term rental programme (60/40 owner/management split) available for owners seeking a hands-off income stream.

Buyers will also gain access to the surrounding amenity ecosystem, including a professional tennis academy with six covered tournament-spec courts that has been operating since 3 years, an on-site lifestyle and longevity clinic, a boutique resort, and a planned well-being centre. These amenities differentiate the homes from standalone developments in the corridor and support both resale values and rental demand.
Assets Overview
Intangible assets: private limited entity, the established destination brand and trademarks, construction permits and contractor agreements, architectural designs and floor plans, an active member/buyer database, and three-plus years of operating goodwill and track record.
Facilities Overview
The business will operate from a luxury residential cluster located within a larger integrated sports and well-being destination spanning 18 rai (28,800 sqm) of land in Cherngtalay, held under a registered 30+30+30-year leasehold structure.

The property will comprise eight three-storey townhomes, each offering 219 sqm of total built-up area (151 sqm indoor living space, 54 sqm outdoor space, and 14 sqm allocated parking). Each residence will feature rooftop terraces, mountain views, and access to 12 secure underground parking spaces.

The wider destination already operates six covered tournament-specification tennis courts, a lifestyle and longevity clinic, and a café. In addition, a permitted boutique resort and well-being centre are planned for future development, further enhancing the site's appeal and supporting long-term property values.

The homes will be strategically located approximately 3–4 km from two of the island's most popular beaches and around 18 km from the international airport, providing convenient access for both residents and visitors.
Capitalization Overview
The business is privately held through a Thai private limited company and carries no bank or institutional debt. Development to date has been funded by the founding shareholders and contracted off-plan buyer deposits.

This specific project is to be funded through the proposed development funding partnership, drawn down monthly against a certified construction schedule. Where individual units sell to end buyers during construction, those proceeds offset the drawdown for that period — reducing the investor's peak capital and improving the effective return. The company is owned by its founding shareholders.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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