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Patong Investment Property

Property ID: S-PAT03-P3
฿3,063,000 For Sale
Condo
  • 1 Bedroom
  • 1 Bathroom
  • 34 sq m

Description

Patong Investment Property

A stunning executive residence, luxuriously styled and finished, located right in the heart of Phuket’s Entertainment and Tourism area of Patong. Amazingly located being only a 10 minute walk to the famous Patong Beach with its white sands and glistening tropical waters.

This is a modern style 130, 1 bathroom 1 bathroom condominium with sophisticated, contemporary, executive suites finished to the highest of quality. A modern open plan layout fully furnished throughout with a separate bedroom and kitchen facilities.

The on-site facilities will include a roof-top Pool and Decked Lounge area, Fully equipped Fitness Centre a Wellness Centre and Restaurant.

The project is an established hotel scheme. All the units available with the same rental guarantee program with next conditions:

  • 7% NET Rental Guarantee for 15 years (subject to WHT) will be paid 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.
  • After 15 years the Buyer may apply for Buy Back option and receive back all the money paid plus 10%.
  • 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.

Leasehold from 3,063,000 THB
Freehold from 3,672,000 THB

Financing available.

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

Additional Details

Ownership: Freehold or Leasehold
Floor: Multiple
Number of units: 130
Completion: December 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
Fitness Room
Foreign Freehold
Shared Swimming Pool

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