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Patong Investment Property

Property ID: S-PAT03-P3
฿3,825,000 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.

The 34 sq m units start from 3,825,000 THB and goes up depending on the location in the building.

The owner offers financing.

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

Foreign Freehold
24 Hours Security
CCTV
Balcony
Shared Swimming Pool
Fitness Room

Register Interest

Investor's Guide

Maybe it’s the idyllic ocean and sunsets, lush tropical forests, or amazing spice-fueled dishes that make Phuket such an attractive place to visit. Either way, there’s something about Phuket that lures in people around the world.
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