Bang Tao Beach Condominium Unit for Sale in Phuket
|Location:||Bang Tao Beach|
Unit for Sale in Phuket
BANG TAO BEACH CONDOMINIUM UNIT FOR SALE OUTSIDE LAGUNA PHUKET DEVELOPMENT LOCATED WITHIN WALKING DISTANCE TO BANG TAO BEACH PHUKET, THAILAND.
This development launched in April 2017 and is located in the Bang Tao Beach area in the North of Phuket. The devlepment is just outside the exclusive Laguna Phuket gated community which contains one of Phuket’s championship golf courses and best restaurants, which are open to all. The current price point of properties inside the Laguna community are some of the highest on the island due to its name. These condominiums are very affordable and less than five minutes from all of the facilities of Laguna Phuket. Beautiful Bang Tao Beach is even closer within walking distance from the project. Patong, which is the center of Phuket’s famous nightlife is twenty five minutes away.
This is a luxurious boutique condominium project consisting of just 78 apartments in a single, seven floor building. Unlike most of the new project currently under construction in Phuket which tend to be Studios and suitable for only short-term holiday living, all of the condominiums here are spacious and more suitable for year-round living. The units at this property are bigger and buyers can choose from either one-bedroom or two-bedroom options at affordable prices.
The development contains a wide variety of high-end facilities for the use of residents and guests. These feature include a large swimming pool at ground level set in beautiful gardens together with a children’s playground and yoga area. The development also offers a fully-equipped gym, an onsite restaurant and rooftop lounge zone for relaxing while enjoying the views.
In addition to making for an ideal, luxury holiday home, this is an ideal project for investors as the developer is offering a “Guaranteed Rental Yield”, which enables investors to receive a return of 8% for three years. In addition to the guaranteed return, investors are able to enjoy their own condominium every year. Investors are able to use the apartment for up to 30 days per year, of which a maximum of 15 days can be taken during high season. To be eligible for the “Guaranteed Rental Yield”, buyers need to purchase the developer’s standard furniture package, which is priced at 800,000 THB.
Condominium freehold ownership is available on 49% of the units with an additional fee of 300,000 THB.
Construction will start by end of the year of 2017 and is expected to be completed in two years. The target market for the condominium is high-end luxury users, particularly foreigners who prefer comfortable living spaces.
For anyone looking for a good-sized apartment at affordable prices within the Laguna Phuket area, this is an excellent choice.
|Bang Tao Beach Condominium for Sale||Priced From (THB)||Unit Size||View||Ownership||Floor|
|One Bedroom||฿ 6,812,000||59.2 sq.m||Mountain View||Foreign Freehold||Top Floor|
Ownership: Foreign Freehold and Leasehold
Total Number of Units: 78
Price Per Square Metre: 96,000 THB
Monthly Maintainance (CAM) Fee: 3,540 THB
Sinking Fund: 29,500 THB
Rental Income (Yield): 8% Guaranteed Rental Return for 3 Years
Project Completion: Q4 2019
Listing ID# (Bang Tao Beach Condominium): 4361
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- Air Conditioning
- Built-In Furniture
- Cable/Satellite TV
- Close to Shops/Restaurants
- Close to the Beach
- Gated Estate/Security
- Internet Access
- Reception/Management Office
- Sharred Swimming Pool