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Phuket Grand Bay 1 Bedroom Suite

Property ID: S-PAK06-1BR
฿9,800,000 For Sale
Condo
  • 1 Bedroom
  • 1 Bathroom
  • 53 sq m

Description

Phuket Grand Bay 1 Bedroom Suite

Nestled on a 66-rai hillside plot in the southern cape of Po Bay and the gateway to Phang Nga Bay, you’ll find this exclusive community of 106 one- and two-bedroom suites and villas set within a 183-key five-star resort.

The Master Plan features an internationally-recognized resort and a low-density villa community that maximizes privacy and breathtaking panoramic views while being in absolute harmony,with the project’s natural setting.

The resort is at the heart of the development and is framed by the North and South Residences which all have convenient access to the ample facilities that the resort has to offer.

The 650-meter long coastline forms the natural boundary on the eastern side and features a 220-meter sandy beach for residents and guests to use.

Overlooking the Po Bay, Phi Phi Islands, the dramatic limestone karsts of Phang Nga Bay and Ao Po Grand Marina, the development is set in an area of natural beauty away from the bustling West Coast, approximately 25 minutes from Phuket International Airport and within 30-45 minutes of the island’s key amenities.

The development is Phuket’s newest luxury branded suites and villas to launch in the market.

Lifestyle experience with five-star branded resort facilities, professional management and optional rental.

Five-Star Facilities

Facilities include all-day dining, specialty restaurants, lobby lounge, swimming pool and pool bar, spa and fitness center, business center, 24-hour room service and housekeeping and laundry facilities.

Optional Rental Management Program

  • Optional Rental Agreement Term: 3 years, renewable every 3 years until the expiration of the hotel operation term of 20 years.
  • Rental of Unit will be based on the management system, no pooling of income with other units.
  • No guaranteed returns
  • Less service fee of 12% of gross room revenue.
  • Unit owner will receive a 60% share of the net room revenue.
  • Less FF&E reserve of 5% for unit repair and maintenance.
  • Rental program expected to begin Q4 2020.
  • Owner’s usage: 30 days usage per annum.

To arrange a viewing of this Phuket Grand Bay 1 Bedroom Suite or if you have any questions, please don’t hesitate to contact us.

Additional Details

Ownership: Freehold
Number of units: 106
Completion: September 2019
Sinking Fund: 1,000 THB / sqm
Monthly Maintenance Fee: 80 THB / sqm
Rental Management: Available
Rental Income Split: 60% - 40%

Amenities

24 Hours Security
Balcony
Bathtub
CCTV
Fitness Room
Furnished
Restaurant
Shared Swimming Pool

Floor Plans & Construction Updates

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