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Description

The modern cottage is part of a popular development overlooking Patong Bay, the perfect real estate invesment 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 with a private swimming pool on the balcony with a total of 70 m2.

This project offers the best investment opportunity in Phuket with a Rental Guarantee of 7% for 15 years with Buyback option.

This is also the most popular developmenet in the island, the 300 units from the Phase 1 were sold within a few months, a unique investment opportunity in Phuket to not to miss out!

Feel free to contact us for any questions or to set up a visit on site.

Pre-Launch Promotional Price
Prices Including Furniture + Rental Guarantee

– 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

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

Payment Terms
– 200,000 baht reservation deposit
– 40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement
– 20% upon completion of infrastructure
– 20% upon building foundation completion
– 10% upon unit building structure completion
– 10% (minus deposit) upon keys handover

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.

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Detail

  • Property ID: V172
  • Price: from 5,900,000 THB
  • Property Size: 60 sqm
  • Land Area: 100 sqm
  • Bedrooms: 1
  • Bathrooms: 1
  • Year Built: 2022
  • Property Type: Villas
  • Property Status: Popular Project

Floor plans

Plan

  • Size: 60 sqm
  • Rooms: 1
  • Baths: 1
  • Price: 5,900,000 THB

Address

  • City: Patong
  • State/county: Phuket
  • Neighborhood: West Phuket
  • Country: Thailand

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