Patong Beachfront Condominium

Apartment Phuket, Patong Beachfront Condominium 

This is the only luxury residence truly on the beach in Patong !    

Residents of the apartment complex won’t even have to cross the road to go to bath in the sea.   

This project is under construction that will be completed in December 2017, here you will find building with 25 exclusive apartments fully furnished in high standard and modern style.   

The layout with size 41 square meters to 120 sq.m with 1 bedroom & 2 bedroom apartment with private balcony and private Jacuzzi.   

Rental guarantee pre-tax conditions:
  

• 8% NET rental guarantee for the first 2 years.  
• 7% NET rental guarantee for 13 years.  
• (no maintenance fee, no utilities, no sinking fund) for 15 years. 
The rental guarantee is paid every year in advance as soon as the unit is fully paid.
4 weeks unit usage allowance per year any time including PEAK SEASON.  

Legal ownership structure:   

The developer has decided to sell this project full ownership with Protected Leasehold ownership 90 years (30+30+30).  

In case buyer resells the unit, new owner restarts from year 1.   


Completion date on contract: December 2017   

As of October 2nd, 2017 – date of Phuketimmo last inspection of the site – the project was in its finishing stage.   

Buy Back   

Buy back from the developer optional after 15 years at same initial price.   

Benefits
:  

Buyer can re-sell the unit anytime during the 15 years and new buyer will continue with the same rental guarantee conditions of the first buyer. 
In case of resale, new owner will benefit of a new 90 years full ownership period.  

Price Range: THB 8,899,200 to THB 27,360,000.   

The starting price is 8,899,200 THB.    

It’s the only beachfront luxury residence in Patong and it’s the best choice to invest in Patong.