PHASE 2 – 10 Units Left
1 Bedroom Seaview Freehold Apartment for Sale Phuket 7% NET for 15 Yrs
Located in one of the most beautiful places on the west coast of Phuket, th Naka Project consists in a low profile, high quality, sea view and rental guarantee investment.
Nakalay beach, just 10 minutes drive from Patong beach, 5 minutes from Kamala and Surin beach, a quite and luxury location nested on the hills overlooking the Naka hotel, a 5 stars hotel and Nakalay beach, a white sand beach with transparent water.
The one bedroom apartment is fully furnished with a fully equipped kitchen and balcony, the entire condominium offers a Club house, swimming pool, restaurant and parking, free shuttle to the beach and the possibility to use the facilities of the Naka hotel.
The seller offers 7% NET yearly income to the buyer for 15 years (renewable), an unique opportunity to have a secure, guranteed return of your investment for a total of 105% over 15 years.
The rental is paid in one solution, yearly, starting within 1 month of the final payment of the property, this includes the opportunity to the buyer to full pay the property before the construction is completed and still receive for the construction period (about 3 years) 3.5% net per year, after the handover, 7% for 15 years.
The 7% NET income is calculate on the selling price and the buyer will NOT pay any maintenance fee, electric cost, water cost, insurance cost for the next 15 years.
The buyer has the right to use the apartment 4 weeks every year, 2 in the low season, 2 in the high season, in case he decides to don’t use those weeks he has the opportunity to rent it out, personally or through the developer or receive an extra income for those 4 weeks and leave them to the developer to be rented out.
After 15 years the buyer can re negotiate the market price with the developer and re calculate the new 7% Net rental guarantee based on a new (higher) market price of the property.
Price 5.100.000 Baht