Loading map...

Luxury Investment Beachfront Condo in Patong

Property ID: S-PAT56
฿8,899,200 For Sale
Condo
  • Studio Bedroom
  • 1 Bathroom
  • 41 sq m

Description

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

Protected Leasehold

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.

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; [email protected].

Amenities

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

Additional Details

Ownership: Protected Leasehold
Floor: 2nd Floor
Number of units: 33
Completion: 2018
Sinking Fund: N/A
Monthly Maintenance Fee: N/A
Rental Management: Available
Cost Per Square Meter: 217,000 THB

Register Interest

Search Property

Investor's Guide

Phuketcondo.net is in the news as the Head of our newly launched Phuket Rental Management Service, Mike Lundin, answered a few questions on the subject of How to Rent Out Property in Phuket. 
Thailand ranks third on China's home buyer destination list, with the top five locations being Pattaya, Phuket, Hua Hin, Bangkok and Samui.
Recently Phuket property developers came up with a good idea of having an agreement with international hotel chains to run their projects as a hotel when they’re completed. Just to give you an idea about return on property investments in Phuket, we’ve put bunch of good deals together.
So you’re looking to sell your home and wonder how you can get the maximum asking price? We have put together a list with our Top 5 Expert Tips to Sell Your Home Faster. These are all small things to take into consideration before taking...