Phuket Island Patong Sea View Investment Cottages | All Phuket Condominiums

Phuket Island Patong Sea View Investment Cottages

Overview

ID: #3321
Price: ฿ 4,900,000
Type: Condominium Apartment
Contract: For Sale
Location: Patong Beach
Bedrooms: 1
Area: 46m2
Rating:
Phuket Island Patong Sea View Investment Cottages
4.9 (98.46%) 13 votes
Phuket Island Patong Sea View Investment Cottages
4.9 (98.46%) 13 votes

Sea View Investment Cottages


PATONG SEA VIEW INVESTMENT COTTAGES FOR SALE WITH GUARANTEED YEARLY RENTAL RETURN LOCATED IN PATONG BEACH, THAILAND.


Scheduled for completion in 2019, these Sea View Cottages are already generating plenty of buzz around the island of Phuket. With a strategic, serene location in a private valley tucked away on Nanai Hill, the units are affordable yet luxurious. The cottages set a benchmark for holiday home ownership in Patong Beach.

This is the latest, exciting development from a reputable local developer offering affordable and attractive ownership opportunities in the tropical destination of Phuket, Thailand. Boasting an innovative design that features simple elegance, these cottages showcase stunning sea views of Patong Beach and the surrounding bay.

Set against the verdant backdrop of Nanai Hill, these Patong sea view investment cottages host subtle charms owners will be happy to experience. In addition to the outstanding sea views, each unit includes a private jacuzzi on the balcony which is sure to offer hours of relaxing indulgence.

Each private, open-air jacuzzi is surrounded by magnificent nature of Phuket island 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 when you purchase one of these unique cottages.

Upon completion, ownership benefits include use of all of the facilities of the Resort including common area swimming pool, gym, spa and the clubhouse. The grounds are calm and peaceful; a hidden oasis yet still very close to the hustle and bustle of Patong Beach and its popular nightlife options.

With a launching price of only 4.9 million Thai baht, these Cottages are value priced. Each unit comes fully furnished and includes a rental guarantee of 7% for fifteen years with no maintenance or utilities costs.

These Cottages are an exceptional value for Thailand, and a deal as lucrative as this is not often found in Phuket. Additionally, there is an incredible option to buy back after five years with 10% interest.

Payment Terms:

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)

Owner benefits:

– 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.

– The first rental guarantee will be paid by the Seller to the Purchaser after one year from the final payment.

 

Patong Sea View Investment Cottage for Sale Priced From (THB) Unit Size View
Cottage w/ Jacuzzi (Leasehold) ฿ 4,900,000 46 sqm Sea Views
Cottage w/ Jacuzzi (Leasehold) ฿ 5,600,000 46 sqm Sea Views

Development Details

Ownership:  Leasehold

Total Number of Units:  150

Price Per Square Metre:  106,522 THB

Monthly Maintainance (CAM) Fee:  None

Sinking Fund:  None

Rental Income (Yield):  7% Guaranteed for 15 years

Project Completed:  Q4 2019

Listing ID# (Patong Sea View Investment Unit):  3321

 

Inquire On This Property



Leasehold is an interest in property whereby the leaseholder does not actually own the property but is granted the right of "exclusive possession" and use of the property. A lease is not just a contractual agreement, it is also a registrable legal interest against the freehold title document. Once registered, the lease becomes a lien upon the title deed. As a legal interest, it also means the lease can be bought and sold.


G. Carlson

G. Carlson

Born on the West Coast of the United States and raised in Texas. Greg Carlson is co-founder of The Carlson Group Consulting Co. Ltd. Specializing in Phuket real estate services and bringing passion to the industry. His reputation has made him one of the most trusted realtors on the island of Phuket.
G. Carlson

General amenities

  • Air Conditioning
  • Built-In Furniture
  • Cable/Satellite TV
  • Close to Shops/Restaurants
  • Fully Furnished
  • Garden
  • Gated Estate/Security
  • Gym
  • Internet Access
  • Leasehold
  • Parking
  • Reception/Management Office
  • Sea View
  • Sharred Swimming Pool
  • Terrace/Balcony

Map

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