Overview

Property ID: V172
  • Villas
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 60
  • sqm
  • 2023
  • Year Built
  • V172
  • Property ID

Description

The modern cottage is part of a popular development overlooking Patong Bay, the perfect real estate investment to generate rental income.

Designed in a tropical and contemporary style, the cottage comes fully furnished with an open-plan kitchen, connected to your living and dining area.

The beach is only a stone throw away. You can easily walk there, or you can take the free shuttle-service bringing you to the picturesque beach.

Furthermore, owners also receive discounts from tour-bookings, the residence restaurant and the spa.

Also, the owner scan use the cottage for 4 weeks in low season, or 2 weeks in high season and 2 weeks in low season, free from the cost of electricity, water and any monthly fee.

The rental guarantee in this project is 7% and includes no monthly fees, no electricity cost, no maintenance cost and no sinking fund for the first 15 years.

After 10 years, the owner 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.

Two configurations are offered to buyers:
the cottage with its own private Jacuzzi on the balcony, with a total of 60 m2
– or the cottage with a private swimming pool on the balcony with a total of 70 m2.

Rental Pool Conditions
7% rental guarantee for the first 3 years during construction, then 70/30 rental pool profit split for 12 years.

Buy Back Option –  available after 10 years at the original price.
After 15 years possibility of renegotiating a new rental guarantee period.

Owner benefits
– 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.

 

 

Details

  • Property Size: 60 sqm
  • Bedroom: 1
  • Bathroom: 1
  • Year Built: 2023

Floor Plans

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Description:

Address

  • City Patong
  • Area West Phuket

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Jean, Managing Director
  • Jean, Managing Director