Apartment For Sale

Picture of Apartment For Sale in Patong, Phuket, Thailand

5,900,000 THB

Patong
Patong, Phuket, Thailand

1bd 1ba 42 sqm

Year Built: 0

Listed By: Siam Real Estate

Listed On: 12/29/2023

Listing ID: GL9240732 View More Details

Description

This new Project offers 200 brand new 60 sqm cottages, all Sea View just 200 meters from Patong City and 1km from the beach.

Hidden away in the tropics of and surrounded by lush vegetation and towering palm trees, this new condominium project is a modern, luxurious development nestled in the hills of Patong. Just a stone throw's away from a tranquil beach this development offers breathtaking sea views. It is located on the world famous beach destination of Phuket, Thailand, and situated on an amazing parcel of land that is truly paradise found.

The environment here is relaxing, and the ambience laid back. However, it is just a short drive away from the hustle and bustle of Patong. Famous for its vibrant nightlife, abundant shopping malls and boutiques, endless restaurant choices and a wide array of entertainment venues, Patong is Phuket's quintessential tourist destination. Patong caters to all tastes, and there is something for everyone in this beachside town. A free shuttle service is offered to Patong so that guests can experience the 'bright lights, big city' of Phuket.

FEATURES
Ownership : Leasehold with 7% NET guarantee yield for 15 years.

Property Type : Sea View Residence.

Plot Size : 30,000 m2.

Built up area : 12,000 m2.

Completion date : 2022.

Style : Modern/Contemporary.

Kitchen : Open plan kitchen.

Living Room : Open plan living and dining area.

Swimming Pool : Common swimming pools.

Balcony : private with rooftop sunbath platform.

Garden : Landscape Garden - View : Sea.

Distance to Town : 200 meters to town - Distance to Beach : 1km.

Launching price is 7.2M THB fully furnished, with the unique 7% net rental guarantee for 15 years investment deal, and Buy Back option.

Rental Guarantee conditions:

Special promotion 7% net (subject to WHT) rental guarantee (no monthly fee, no electricity, no maintenance, no sinking fund) for the first 15 years.

The first rental guarantee will be paid by the seller to the purchaser after one year from the final payment.

Bay Back Option: Available after 10 years at the original price.

After 15 years possibility of renegotiating a new rental guarantee period.

Owners benefits

-Posibility for the owner to use the cottage 4 weeks in low season or 2 weeks in high season and 2 weeks in low season, free from the costs of electricity, water and monthly fee. The owner can also obtain the unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee.

-Free daily shuttle service to the beach is included.

This is a once-in-a-lifetime opportunity to purchase a sea view villa in a world class destination. Call us to discuss the potential.

2 Sleeps
1 Bedrooms
1 Bathrooms
Western Kitchen
Sea View
Near Shopping
Near Beach
Fully Furnished
Electricity
Communal Pool
Cable/satellite (UBC)
Air-conditioners