Patong Bay Ocean View Cottages, the most popular villa development in Phuket
Following the success of Patong Bay Sea View Cottages, the first phase of this unique project, the multi-awarded developer just launched their latest project Patong Bay Ocean View Cottages.
The Project comprises one bedroom cottage units that are 60 to 70 sqm, with a Jacuzzi on the terace or a private pool. Elegant in design, fully furnished, the cottages are luxurious yet cozy. 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 the clubhouse.
Patong Bay Cottages
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.
- Ownership : Protected Leasehold with 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 developmenet 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.
300 Cottages for sale
142 units left
Pre-Launch Promotional Price
– Garden View Cottages with Private Jacuzzi 6.9m THB -> 5.9m THB (5 units only)
– Sea View Cottages with Private Jacuzzi 8.9m THB -> 6.9m THB (7 units only)
– Pool Villa with Garden View 7.9m THB
– Pool Villa with Partial Sea View 8.9m THB -> 8.2m THB
– Pool Villa with Sea View 9.9m THB -> 7.9m THB
– Pool Villa with Premium Sea View 10.9m THB
Prices Including Furniture + Rental Guarantee
Rental Guarantee condition: Special promotion 7% NET (subject to WHT) rental guarantee
No monthly fee, No electricity, No maintenance, No sinking fund… for the first 15 years.
The first rental guarantee will be paid by the Seller to the Purchaser after one year from the final payment and hand over.
Buy Back Option: available after 10 years at the original price.
After 15 years possibility of renegotiating a new rental guarantee period.
Registration taxes shared 50%-50% between Buyer and Seller.
Lawyer’s fee : 10,000THB
– Possibility for the Owner to use the cottage 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. Discount on tours bookings and Residence Restaurant and Spa prices will be offered.