Apple House is a modular hotel complex located 100 meters from Bang Tao Beach (Phuket). The model is based on the fact that private investors purchase individual houses, and centralized management and leasing is carried out by a management company. Each unit is a fully furnished modular house owned by an investor. The land is leased under a long-term agreement (10+10 years). All units are integrated into a common resort complex with a common infrastructure. The management company is responsible for attracting guests, booking, cleaning, maintenance, utility bills, and reporting to investors. The houses are transferred to a single rental pool, and income is distributed proportionally, after deducting expenses and fees. Current distribution model: 70% of the net profit to the investor, 30% remains with the management company. Operating facilities: swimming pool, reception/lobby, gastroport with 18 restaurants. Plans for the coming year include a SPA, a fitness room, a coworking space, a padel court, and a car wash. The complex operates as a single hotel product, rather than a set of individual houses. The income of the management company depends on the load and rental income, it is responsible for the quality of service and maintaining investment attractiveness. The price of the management right is 9 500 000 baht