New vacation rental scheme from Hong Kong group

KYOI Group, Hong Kong, has announced plans to develop its debut property, KYOI Koh Samui in Thailand, which it says is part of a plan to create more than 20 properties across resort destinations in Asia that will reinvent the vacation home investment model. KYOI’s property rental program offers its members/investors perpetual stays in these developments with the opportunity to earn passive income as a result of their initial investment, which will be US$500,000 at the Samui property. KYOI Group said the return is estimated at 7% within the first two years of operations. The first resort in Samui began…
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