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Patong Bay Residence Phase 2

Starting Price THB 4.300.000

Patong Bay Residence (Phase 2)

A stunning executive residence, luxuriously styled and finished, located right in the heart of Phuket’s Entertainment and Tourism area of Patong. Amazingly located being only a 10 minute walk to the famous Patong Beach with its white sands and glistening tropical waters.

Patong Bay Residence 2 is a healthy mix of 1 bedroom, 1 bathroom and 2 bedroom, 2 bathroom sophisticated, contemporary, executive suites finished to the highest of quality. A modern open plan layout fully furnished throughout with a separate bedroom and kitchen facilities.

The on site facilities will include a sun drenched Pool and Decked Lounge area, Fully equipped Fitness Centre a Wellness Centre and Restaurant.

Features:

  • Ownership: Protected Leasehold with % NET guarantee yield for 15 years
  • Property Type: Executive Suites
  • Completion Date: Dec 2018
  • Style: Luxury/Contemporary
  • Layout: Modern Open Plan
  • Swimming Pool: Common
  • Fitness Centre
  • Wellness Centre
  • View: Sea/Mountains -Distance to Beach: 850 Metres
  • Distance to Town Centre: 1.5 Km’s

PHASE 2 – PRE-LAUNCH PROMOTION

Price starting from 4,300,000 THB

Patong Bay Residence 2 will be an 8 level, 126 unit, 4 star hotel comprising of 1 bedroom, 1 bathroom and 2 bedroom, 2 bathroom sophisticated, contemporary, executive suites, fully furnished and equipped including kitchen and appliances. Facilities will include a Pool and Decked Lounge area, Fitness Centre, Wellness Centre, Restaurant and on-site undercover parking.

RENTAL GUARANTEE CONDITIONS:

  • Special promotion % NET rental guarantee for 15 years.
  • NO maintenance fee, NO management fee, NO utilities fee (common areas/unit)
  • NO sinking fund to be paid, NO reception and cleaning service fee.
  • NO FEE’S TO BE PAID FOR THE ENTIRE 15 YEAR RENTAL GUARANTEE PERIOD.
  • Land Department Registration taxes shared 50%-50% between Buyer and Seller.
  • The rental guarantee will be paid every year in advance.
  • After the 15 year rental guarantee the option of renegotiating a new rental guarantee period, to live in or to rent out the property on the open market by agency or privately.

Owner benefits:
The Owner is entitled to use the apartment for 4 weeks in LOW season OR 2 weeks in HIGHseason and 2 weeks in LOW season (with no cost) The Owner can also obtain the Unit usage rights during the PEAK Season for 50% of the actual rack rate.

FINANCING:

  • 50% of the purchase price can be financed over 5 years.

PAYMENT TERMS:

  • 200,000 BAHT RESERVATION DEPOSIT
  • 70%UPON SIGNING THE PURCHASE CONTRACT WITHIN 30 DAYS FROM THE SIGNATURE OF RESERVATION AGREEMENT.
  • 20%UPON COMPLETION OF LOCK-UP STAGE.
  • 10% (MINUS DEPOSIT) UPON UNIT KEYS HANDOVER.
Property Id : 19993
Price: Starting Price THB 4.300.000
Property Size: 33,00 m2
Rooms: 1
Bedrooms: 1
Bathrooms: 1
Country: Thailand
Air Conditioning
Balcony
Furnished Fully
Garden
Gym
Spa
Restaurant
Close to Shops
Close to Restaurants
Internet
Mountain View
City View
Shared Parking
Pool
Satellite Or Cable
Security Camera
Security Guard
TV
Wi-Fi
Short Walk to the Beach
Short Drive to the Beach
Leasehold
Floor Plan
Floor Plan
2ND-9TH Floor
Floor Plan
rooms: 1
baths: 1
Floor Plan
1 Bedroom
Floor Plan
rooms: 2
baths: 2
Floor Plan
2 Bedrooms

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