Investment Condos in Patong
Guaranteed rental returns of 7% for 15 years. If you pay in full during construction you will get 3.5% within 30 days from final payment and then 7% for 15 years after handing over date.
These Investment Condos in Patong are set within PHASE 2 of a luxurious collection of apartments and residences. The development will hold a total of 334 units and is expected to be completed in 2021. All units are sold as a leasehold property.
Situated on a beautiful hillside 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. Enjoy the experience of witnessing Phuket’s world-famous sunsets every evening!
Owners can benefit from the on-site complex facilities including large swimming pools, shops, restaurants and a large clubhouse 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.
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 the possibility of renegotiating a new rental guarantee period.
Buyback option: available from year 5th to year 9th at the original price.
Buyback option: available at year 10th at the original price + 10% interest.
Buyback option: from year 11th onwards at the original price.
- 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.