This cosy 1-bedroom appartment is part of a new residence set in the heart of Patong village.
Each fully furnished 1 bedroom unit will be 34 m² in size in a modern contemporary style.
Even the open-plan kitchen, living and dining area will live up to the modern western standards that are in such high demand at the moment.
Each unit comes with its own balcony, each with a beautiful view over the Patong Bay area and only 850 meters to the beach.
If you however shouldn’t feel like walking to the beach, there is a common swimming pool on the rooftop available to you.
The Bay Residence has its very own residence restaurant, serving only the best in local and international cuisine and a state-of-the-art spa for you to relax on your holiday.
Besides that, living in the Patong village is already an exciting experience by itself. There are many food vendors and activities for you to take part in.
Patong is well known for its glossy and bright atmosphere, and its nightlife is truly one of a kind!
7% NET Rental Guarantee for 15 years (subject to WHT) will be paid in advance
(No maintenance fee, no utilities, no common area fee, no sinking fund for 15 years)
In case paid 50% of unit price, the Buyer will receive 3.5% rental return within 30 days
(1 week free staying in low season every year in the completed building)
Option 2 (2 units on promotion)
In case paid in full payment the Buyer will receive 7% NET Rental Guarantee within 30 days as from full payment.
(4 weeks free staying in low/high season every year in the completed building)
Buy Back Option
After 10 years from the closing date the buyer may apply for the buyback option and receive back all the money paid
After 15 years possibility of renegotiating a new rental guarantee period
Registration tax will be shared 50%-50% between Buyer and Seller.
Lawyer Fee: 10,000 THB (Accountant fee to obtain Tax ID number for WHT refund is not included)
Possibility for the Owner to use the apartment 4 weeks per year, free from the costs of electricity, water and monthly fee.