Following suit of the roaring success of the franchisee in Koh Samui Beach Club opened in 2009, the brand Nikki Beach is all set to enter Phuket, Thailand. The Castlewood Group, the real estate developer of Singapore and founder of the famous lifestyle brand will be making its presence felt by year 2013 by opening up Nikki Beach Hotel and Spa in Phuket.
All set to be located in Bang Tao, the five-star hotel and spa will be a luxurious and eclectic mix with 23 exclusive villas and sky villas, each having their very own private gardens and pools and 151 plush suites. The hotel will also boast of infinity pool at the roof top with bar, a lounge which overlooks an external area for yoga and a free form pool of 45 meters.The awe-inspiring design has already earned for itself the New Hotel Design and Construction award at the HSBC and Royal Institute of Chartered Surveyors sponsored Asia Pacific Hotels Awards, 2012-2013 on 27th April 2012.
Castlewood and Nikki Beach were two separate brands; Castlewood was established in the year 2006 at Dubai, providing a service and product that was quite unique to the Arabic market, while Nikki Beach was established in 1998 as the ultimate in the concept of beach clubs which brought together fashion, dining, art, entertainment and music. The year 2012 saw the alliance of these two trendsetter brands which is expected to set new trends already, with the announcement of development of hotel, beach and spa club in Phuket. Their luxurious vivacity, the main USP, has given rise to expectations of their conquering the South-east Asia.
Already labeled as ‘sexiest place on earth’, Nikki Beach is a luxury lifestyle brand that has transcended all geographical boundaries in fame and popularity. The brand includes a music label, an upcoming clothing line, concierge program, VIP membership, global events like Toronto and Cannes Film Festivals, the upcoming Olympic Games to be held in London along with their resort and hotel division. Now investors can get a piece of the real action in Nikki Beach brand by buying into Nikki Beach Phuket. The prices start from $60,280 and on selection of fixed returns, they get a guaranteed return of 5% for 8 years. There is also the option of variable returns which will fetch 30% per annum. The investors are offered an early exit commencing in 2016 as well as a full term one in 2020.
To insure the land’s title as well as the property’s subsequent value and business built, the full amount that each individual investor has invested is fully insured by First American Title Insurance. To tie up all loose ends, the assets and development of Castlewood Group is placed with a fully secured Singapore-based third party. This third party is managed by Intercontinental Trust and until the exit of the hotel, planned for 2020, the trust deed will be kept safely. These steps have been initiated to make the entire investment safe and attractive to potential investors.
Nikki Beach has further plans of stretching out its tentacles to Singapore, Bali, Hainan Island, Langkawi and Koh Samui amongst other places.