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1 Bedroom Seaview Apartment 7% Yield 15 yrs. 50% Financial Available for Sale Patong beach

THB 3.900.000 Starting from
50 Pee Road , ,
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7% NET Return 15 Yrs
phuket property for sale apartment for sale phuket rental guarantee best real estate phuket condo for sale patong beach phuket

1 Bedroom Seaview Apartment 7% Yield 15 yrs. 50% Financial Available for Sale Patong beach

105% Return in 15 years GUARANTEE

Located at about 1.5 km. from the famous Patong beach and Bangla road, but in quite Valley far from noisiness and traffic, this project is one of the most successful in Phuket.

The entire Complex offer a five stars facilities and all will be included as a benefit to the owners.

The Project will be run as a Resort, offering 7% rental guarantee per year to the owner, plus 4 weeks of Free use, plus NO Maintenance fees during the year plus NO utilities cost during the year, plus free shuttle to the beach and inside the complex.

The units are 70 square meters in size, some with direct access to the pool that is build in every block, the second storey apartments have a balcony and can use the block’s pool. Further more, there is a communal pool, shops that will host coffee shop and other businesses and a nice lake in the center of the Residential area.

As a promotional offer, the Furniture Package is FREE.

The owner can choose if they want the apartment with the Studio/Suite layout, all open space, or at NO costs, with a separate Bedroom.

The entire project will be completed at the end of 2015 even if many apartments are almost ready and the entire project is 100% in time with the plan.

In case the owner would like to rent out the apartment during the 4 weeks free use, the management company will be pleased to do the rental program and split the net income 70% to the  owner and 30% to the Company.

The contract is a 30 yrs. Leasehold, renewable for further 30 yrs. + 30 yrs.

The contract will be registered to the land and office department in Phuket, Totally legal procedures and registration.

During the first 15 years, the owner will leave the apartment in use to the company except for the 4 weeks free use, and receive in return a 7% rental guarantee based on the sale price, after the 15 years the owner will decide if renew for another 15 years as Rental guarantee or keep the apartment for his personal use or rent it out privately.

In any moment the owner can Re-sell the property and in the contract there is a clause that the new buyer will see the Leasehold RESTART from 30 years, so, not downside for both seller and buyer to be penalised for the used years.

Terms of Payments:

200.000 baht at reservation

50% at the contract signature, within 1 month from the reservation

30% at the next construction step

20% at the handover

Financial Available on 50% of the Selling price:

4 years at 8%

Rental Guarantee 7% Calculate on the Capital already paid year by year.

BuyBack Guarantee after 10 years:

Great Option for the Buyer, if after 10 Years would like to sell back at the purchase price the developer will BuyBack …and they buyer enjoyed 70% NET profit during that period of time.

The price of the apartments are:

Pool access; 4.300.000 baht

Pool access and sea view: 4.500.000-5.000.000 baht

West block, 100% sea view: 7.500.000 baht (70 sq. mt.)

West block duplex sea view: from 8.400.000 baht to 9.600.000 bath (120 sq. mt)

West block Penthouse 100% sea view: 15.000.000 baht (120 sq. mt)

Second storey Balcony sea view or not: 3.900.000 baht

Address: 50 Pee Road
City:
State/County:
Zip: 83150
Country: Thailand
Property Id : 17761
Price: THB 3.900.000 Starting from
Property Size: 70 m2
Property Lot Size: 70 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Restaurant License: 1
Year Built: 2015
Available From: Now
Storey: 2
Distance To The Beach : 1.5 km. - 3 min. drive - 15 min walk
Monthly Electricity Cost THB: 0
Monthly Water Cost THB: 0
Maintenance Fee Sq. Mt. THB: 0
Sinking Found THB/sqm.: 0
Rental Guarantee: Yes
How To Own This Property: Leasehold
Price Sq. Mt. THB: 55700
Furniture Included: Yes
Furniture Value THB: 350000
Resale: No
New Property: Yes
Lease Length Yrs.: 30+30+30
Agency Commission: No
Transfer Tax: 0.55%
gym
lake view
rooms with balcony
concierge
aircon
spa
magnetic card
walking distance to the beach
safety box
wifi
lcd tv
cable tv
restaurant
kitchen
sauna
motorbike rental
free shuttle to the beach
sea view rooms
office
fully furnished
parking

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Uberto Niccoli

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[+66] 081-278-7117
uberto@phuket-island-property.com
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