Patong, Patong, Phuket, Thailand | Apartments For Sale at GLOBAL LISTINGS

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Apartment For Sale

2,800,000 THB

Patong
Patong, Phuket, Thailand

1bd 1ba 34 sqm

Year Built: 0

Listed By: Siam Real Estate

Listed On: 12/29/2023

Listing ID: GL9240695 View More Details

Description

These stylish, compact 1-bedroom, 34 sqm apartments offer a cool pied-a-terre in the heart of Patong, just a 10 mins walk to the beach with many shops and restaurants at your fingertips. There's a boomerang marble kitchen, lounge with floating flat screen TV, and the bedroom is partitioned with Asian-inspired pocket doors.

This new development has 114 apartments distributed over 8 floors. Each unit is one bedroom with ensuite bath.

This beautiful complex is situated in the north side of Patong just 15 minutes' walk from the beach, the Shopping Center Jungceylon and the famous nightlife of Bangla Road.

The development offers you the chance to live within the beauty of Patong beach in an excellent location, combining a relaxing restful atmosphere with the best onsite amenities such as large swimming pool, restaurant, bar, spa, gym and local shops.

This is a unique opportunity to achieve your dream of owning a property in the very heart of Patong while providing you with the benefit of a solid investment and the comforts attached.

Fully furnished apartments are available starting at 2,745,000 leasehold and 3,304,800 freehold with the option to receive a guaranteed 7% return for up to 15 years. Different investment and ownership options are available.

Buy back options after 10 years at same purchase price. This means a buyer is guaranteed (in the contract) his full investment back after 10 years plus the rental income they have already received.

Rental guarantee conditions:

* 7% NET Rental Guarantee for 15 years (subject to WHT) will be paid yearly in advance

* No maintenance fee, no utilities, no common area fee, no sinking fund for 15 years.

* In a case of full payment before project completion Rental Guarantee 3.5% will be paid within 30 days from the final payment date. After unit handover 3.5% RG will be changed to 7%.

* Furniture package included

* After 15 years there is a possibility of renegotiating for a new rental guarantee period

BuyBack Option:

* Between 10 and 15 years Buyer may apply for Buy Back option and receive back all the money paid.

Owner benefits:

* Possibility for the owner to use the apartment for 4 weeks in low season or 2 weeks in high season and 2 weeks low season, free from the costs for electricity, water and monthly fee.

2 Sleeps
1 Bedrooms
1 Bathrooms
Western Kitchen
Sea View
Parking Space
Near Shopping
Near Schooling
Near Hospitals
Near Beach
Mountain View
Internet Connection
Gym
Fully Furnished
Electricity
Communal Pool
Cable/satellite (UBC)
Air-conditioners