Located in Patong this project offers 45 sqm or 60 sqm units in 6 buildings of 8 floors for a total of 1,152 units. Most of the unit are garden view, communal pool view or sea view. The construction is sheduled for completion in December 2022. The development comes with an interesting and safe investment program that includes buyback option at the end of the rental management program. This project will be managed as a five star hotel with all facilities that guests expect from a luxury hotel.
Patong the vibrant heart of Phuket that doesn’t sleep much is only a short walking distance but the developper provides free shuttle bus. There you can do almost everything, beach, restaurant, bar, night club, massage, international show, boxing fights etc … Patong during high or low season is always very active.
Sale price: ฿ 4,368,560 (Common Area Maintenance Fee ฿ 60/Sqm/Month). Buyer can own unit under Leasehold only.
Rental program: 7% NET for 15 years (No monthy fee, No electricity, No maintenance, No sinking fund…). The rental guarantee willbe paid yearly in advance. Between the 10th and 15 th year of the program, the buyer can proceed to a buyback option at the selling price.
The owner can use the unit 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.