Ocean View Cottages are located in Kamala beach, Phuket. The area is better known as Millionaire’s Mile which accomodates some top class hotels such as Andara, Cape Sienna and Hyatt Regency as well as some tastefully designed condo/apartment compounds. Phuket’s one of the nicest beaches Kamala Beach is only 5 minutes away from the compound. There are some famous restaurants and beach clubs can be found in Kamala beach such as world renowed Cafe Del Mar Beach Club, HQ Beach Club, Fantasea Entertainment Compound and many other options.
The compound is located only a stone throw away from the beach. Most of the units have uniterrupted sea views. This is one of the best investment projects in Phuket at the moment.
Project will contain total of 300 detached villa type cottages. 100 of the cottages will be Pool Villa Type Full Sea View which will have a full size swimming pool in its porch, 115 of the cottages will be Jacuzzi Type Full Sea View units and 85 of them will have Partially Sea View Jacuzzi Cottages.
The compound will also have a Clubhouse with Restaurants, Coffee Shops, Fitness Centers and a community swimming pool. The compound will also provide 24 hours security, buggy service cars, free transportation to main beaches, CCTV Cameras, Management Office and all other full Hotel Services.
Each cottage has 1 bedroom, 1 bathroom and a living room as well as the balcony and open plan kitchen. The standard type cottages have total of 65 Square Meter Living Space with a jacuzzi on the balcony, whereas Pool Villa Type cottages have total of 75 Square Meter Living Space with full size private swimming pool on the balcony.
All the cottages come with fully furnished, turn-key condition.
An incredible 7% (of the purchase price) yearly guaranteed rental return for 15 years makes this project stand out amongst all the other projects on the island. During this compulsory 15 years rental program term, the owners will not pay any extra such as; Maintenance Fee, Sinking Fund, Electric Usage, Water Usage, Internet Usage, Gardening, Pool Cleaning etc.
During this 15 years rental program, each owner receives 30 days free of charge stay at their villa each year.
Between the year 10 and 15 the developer guarantees a buy back option for the owners at the original price.
PROMOTIONAL OFFER FOR RENTAL GUARANTEE PROGRAM
Sea View and Garden View cottages, fully furnished including kitchen and appliances.
Rental guarantee conditions:
Special promotion % NET (after WHT) rental guarantee (no monthly fee, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid at the end of the year. After 15 years possibility of renegotiating a new rental guarantee period.
Buy Back option:
Option to sell back to the Developer after 10 years.
200,000 baht reservation deposit.
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
20% upon completion of infrastructure.
20% upon building foundation completion.
10% upon unit building structure completion.
10% (minus deposit) upon keys handover.
– Possibility for the Owner to use the apartment 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. Discount on tours bookings and Residence Restaurant and Spa prices will be offered.
If you liked what you see so far, or if you still have some questions please send us a message and we will get back to you right away. This is a fast selling project, it might be a good idea to act quick before it’s all sold out.