Beachfront Condo in Patong
Beachfront Condo in Patong. This project is the new benchmark 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. Nearby you have Jungceylon Shopping Center, the best shopping in Phuket and the famous Bangla Road is only a few blocks away for the evening’s entertainment.
These exquisite one and two bedroom apartments are set on Patong Beach, making it a totally unique project. Each apartment is tastefully decorated with the finest furnishings and décor. You will feel the decadence the moment step foot into the lobby. Class and sophistication are at the forefront of this project.
There are a total of 33 condo units across four floors that are scheduled for completion in 2018. The condominium estate is hotel-managed and features an on-site restaurant, a stunning swimming pool, a state-of-the-art fitness center, a bar, 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 conditions
- 7 % NET rental guarantee for 15 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.
- Buy back from the developer compulsory after 15 years.
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.