Patong Bay Ocean View Cottages is the latest project from the multi-awarded developer following the success of the first phase of this unique project, Patong Bay Sea View Cottages.
The Project comprises one bedroom cottage units that are 60 to 70 sqm, with a Jacuzzi on the terrace or a private pool. Elegant in design, fully furnished, the cottages are luxurious yet cosy. The private, open-air jacuzzi is surrounded by magnificent nature and offers the chance to truly unwind and relax.
The grounds of the Patong Bay Ocean View Cottages are calm and peaceful; a hidden oasis yet still very close to Patong city and its popular nightlife options. Ownership benefits come with all of the facilities including common area swimming pool, gym, spa, restaurants, cafes and clubhouse.
With a Guarantee Return of 7% per year for 15 years and Buyback option, this project is an excellent investment opportunity not to be missed!
Patong Bay Sea View Cottages is developed by Pisona Group, a Phuket based corporate with broader and deeper capabilities than any other development company in the South of Thailand and the leading full-service real estate services and investment organization in the island.
Pisona Group is the largest residential real estate and investment firm in Phuket, with gross sales over 1 Billion Thai Bath and around 3,000 employees. Phuket Holiday Services, its sale department, serves real estate owners, investors and occupiers for property sales and leasing, facilities and project management, mortgage banking, appraisal and valuation, development services, investment management and research and consulting.
- Location: Patong, West coast of Phuket’s island
- Ownership : Protected Leasehold
- Guarantee Return: 7% NET yield for 15 years
- Property Type : Sea View Cottages
- Plot Size : 30,000 m2
- Number of Cottages: 300
- Completion date : 2022
- Layout : 60 m2 and 70 m2, 1 bedroom
- Style : Tropical/Contemporary
- Kitchen : Open plan kitchen
- Living Room : Open plan living and dining area
- Swimming Pool : Private sea-view balcony pools
Balcony : private
- Garden : Landscape Garden -View : Sea/Mountain
- Distance from the beach: 1,800m
Designed in a tropical and contemporary style, Patong Bay Ocean View Cottages units come fully furnished with an open-plan kitchen, connected to the living and dining area. Two configurations are offered to buyers, the cottage with its own private Jacuzzi on the balcony, with a total of 60 m2, or with a private swimming pool on the balcony with a total of 70 m2.
The rental guarantee by the developer is 7% with no monthly fees, no electricity cost, no maintenance cost and no sinking fund for the first 15 years. The owner can use the cottage for 4 weeks in low season, or 2 weeks in high season and 2 weeks in low season. After 10 years, he will be eligible for the buyback option at the original price and after 15 years, he will have the possibility of renegotiating a new rental guarantee period.
Patong Bay Ocean View Cottages is also the most popular development in the island, the 300 units from the Phase 1 were sold within months, don’t miss out this unique investment opportunity. Feel free to contact us for any questions or to set up a visit on site.