Overview

Property ID: V173
  • Villas
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 70
  • sqm
  • 2023
  • Year Built
  • V173
  • Property ID

Description

This charming cottage with its own pool is part of a popular development overlooking Patong Bay, probably the best investment in Phuket island 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 in walking distance, the free shuttle-service can also bring guests to the picturesque beach.

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

Also, the owners can 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.

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

Updated on September 1, 2023 at 9:19 am
  • Property ID: V173
  • Price: sold
  • Property Size: 70 sqm
  • Bedroom: 1
  • Bathroom: 1
  • Year Built: 2023
  • Property Type: Villas
  • Property Status: Sold

Floor Plans

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Description:

Address

  • City Patong
  • State/county Phuket
  • Area West Phuket

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