Beachfront Condo in Patong
Beachfront Condo in Patong. This project is the new bench mark in entertainment and luxury living in the heart of Patong on the Andaman coast, a truly remarkable resort and private residence, the ultimate Phuket destination.
These exquisite one and two bedroom apartments are set on Patong Beach, making it a totally unique project.
A total of 33 condo units across 4 floors scheduled for completion in 2018. The condominium estate is hotel-managed and features an on-site restaurant, a swimming pool, a fitness center, a bar, a clubhouse, 24-hour security, CCTV, a reception/lobby area, car parking, a spa, a steam room, a sauna, and it has direct beach access.
Rental guarantee pre-tax conditions
- 8% NET rental guarantee for the first 2 years.
- 7% NET rental guarantee for 13 years.
- (no maintenance fee, no electricity, no water, no sinking fund…) for 15 years.
- The rental guarantee is paid every year in advance as soon as the unit is fully paid.
- 4 weeks unit usage allowance per year any time with no restrictions.
Optional Buy Back
- Buy back from the developer optional after 15 years at same initial price
The units have Protected Leasehold ownership 90 years. Buyer can re-sell the unit anytime during the 15 years and new buyer will continue with the same rental guarantee conditions of the first buyer. In case of resale, new owner will benefit of a new 90 years full ownership period.
Prices start from 8.9 Million THB for studio units and goes up depending on location and layout.