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Investment Condo in Patong

Property ID: S-PAT01-45sqm
฿3,321,000 For Sale
Condo
  • 1 Bedroom
  • 1 Bathroom
  • 45 sq m

Description

Investment Condo in Patong

This Investment Condo in Patong is set within a luxurious collection of apartments and residences located in the lively, Patong.

Situated on a beautiful hill side that looks out onto Patong bay, this great compound offers a tranquil yet lively atmosphere with easy direct access to Patong beach, Patong town and Jungceylon shopping center.

You’ll benefit from the on-site complex facilities including large swimming pools, shops, restaurants and a large club house featuring spa and beauty services. This residence offers investors the opportunity to own your own slice of paradise in Phuket’s most prized parcel of Real Estate with privileged access to world class facilities.

Enjoy the experience of witnessing Phukets world famous sunsets every evening! The complex offers a free daily shuttle service to the beach, and a discount on tour bookings and Residence Restaurant and Spa prices will be offered.

Rental Guarantee Conditions

7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years. After 15 years possibility of renegotiating a new rental guarantee period.

Note: In case client pays in full during construction he will get 3.5% within 30 days from final
payment and then 7% for 15 years after hand over date.

Buy back option: available from year 5th to year 9th at the original price.
Buy back option: available at year 10th at the original price + 10% interest.
Buy back option: from year 11th onwards at the original price.

Owner benefits

  • 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.

To arrange a viewing of this Investment Condo in Patong or if you have any questions, please don’t hesitate to contact us.

Additional Details

Ownership: Leasehold
Floor: Multiple
Number of units: 334
Completion: 2021
Sinking Fund: None
Monthly Maintenance Fee: None
Rental Management: Available
Return on Investment (ROI): 7% Guaranteed Rental Return for 15 Years

Amenities

24 Hours Security
Balcony
CCTV
Clubhouse
Fitness Room
Shared Swimming Pool

Floor Plans & Construction Updates

Register Interest

Investor's Guide

Other than a foreign freehold condo or apartment, a non-Thai citizen cannot own a property competed under his/her own name in Thailand. Simple as that! But why only condominium units?

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