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Tropical Sea View Cottages for Sale in Patong

Property ID: S-PAT42
฿7,200,000 For Sale
Villa
  • 1 Bedroom
  • 1 Bathroom
  • 60 sq m

Description

Tropical Sea View Cottages for Sale in Patong

These Tropical Sea View Cottages for Sale in Patong host a subtle and completely unique charm. In addition to the outstanding sea views, the cottages include a private jacuzzi on the balcony which is sure to offer hours of relaxing indulgence.

The private, open-air jacuzzi is surrounded by magnificent nature and offers the chance to truly unwind and relax. Imagine enjoying a glass of champagne in your private jacuzzi on your balcony as the sun starts to fade across the bay … a tropical dream this inviting can become a reality if you purchase one of the unique cottages on the grounds of this new development.

Following the incredible success of the two previous projects (250 cottages sold out in 10 months) this well established Phuket developer is now launching a third cottage development.

Benefits

Benefits include use of all of the facilities of the resort, including common area swimming pool, restaurants and cafes, bar, state-of-the-art gym and spa as well as the clubhouse. The grounds of the development are peaceful and serene, yet close to the hustle and bustle of Patong Beach and all that this world-famous nightlife destination has to offer.

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.

Rental guarantee conditions

The cottages come fully furnished and include a rental guarantee of 7% for 15 years.

No maintenance fee, no utilities to be paid for the whole rental guarantee period.

No sinking fund to be paid.

The rental guarantee will be paid at the end of the year. After 15 years possibility of renegotiating a new rental guarantee period.

Buy back option.

Launching price of only 7,2 Million Thai Baht.

Payment Terms

Registration taxes shared 50%-50% between Buyer and Seller.

  • 200,000 baht reservation deposit
  • 40% at contract signature within 30 days
  • 20% at foundation completion (around mid-2018)
  • 20% at unit structure completion (around end 2018)
  • 10% at lock up stage (around mid-2019)
  • 10% at keys hand over(around end 2019

To arrange a viewing or if you have any questions, please don’t hesitate to contact us on +66 (0)87 8923876 or via email; info@phuketcondo.net.

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Amenities

24 Hours Security
CCTV
Clubhouse
Restaurant
Sea View
Balcony
Shared Swimming Pool
Fitness Room
Jacuzzi

Floor Plans

Additional Details

Ownership: Leasehold
Number of units: 200
Completion: 2019
Sinking Fund: No sinking fund
Monthly Maintenance Fee: No maintenance fee, no utilities to be paid for the whole rental guarantee period
Rental Management: Available
Cost Per Square Meter: 120,000 THB
Return on Investment (ROI): 7% for 15 years Guaranteed

Register Interest

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