Rental Pool Advisory for a Villa Complex – Ho Tram, Vietnam

Project The Gallery Villas Client Ho Tram Project Company Site Area N/A Location Ho Tram, Vietnam Services Rental Pool and Management Advisory

The Challenge

Ho Tram Project Company Ltd. is the subsidiary company of Asian Coast Development (Canada) Ltd. (ACDL), an international development company specializing in integrated resort destinations. The client has a strong track record in developing casinos, hotels & resorts however The Gallery Villas was their first second home project in Vietnam. The client required a hotels consultant to assist in structuring the rental pool and management structure.

Our Solution

Alternaty produced three comprehensive case studies of similar residential projects in Vietnam to help the client understand how this model operates in the market. Two scenarios of accounting, cost sharing and allocation of rental program income were then created to analyse the expected return on investment for the investors and the developer. With strong experience in the second home market, Alternaty assisted the developer to design a rental pool structure that fairly and transparently met the requirements of both the developer and individual investors.