Patong Bay Residence (Phase 1)

฿2,650,000
For Sale
298 Property ID
30 m2 Size
1 Bedroom
1 Bathroom

Description

* 1-bedroom apartments which are built and operating as a well-known hotel.

* Located strategically upon entering Patong from Phuket International Airport surrounded by shop lots and eateries. This apartment offers Patong city view.

* Patong Beach is within 10-minutes walk. Close proximity to various convenience in Patong just by foot.

* Protected leasehold ownership which is renewable upon new registration.

* A holiday investment property that comes with 7% annual rental guarantee return (based on purchase price) for 15 years. All maintenance are free of charge for the owner as the project will be operated on behalf as a hotel.

* On-going maintenance is taken care fully by the developer. This makes it hassle-free for foreign investors in terms of property management.

* Property owner is entitled to 4 weeks usage per year separated into 2 weeks high season plus 2 weeks low season free from any staying costs.

* Buy back option is available after year 5th of ownership plus 10% interest on initial price. This gives owner the peace of mind for flexible asset planning.

* If property appreciates in value, owner can resell it any time to third party at desired market price. New buyer will just continue the remaining years of the 7% rental guarantee.

Address

  • Address 73 Phrabarami Rd, Patong
  • Country Thailand
  • Province/State
  • City/Town
  • Postal code/ZIP 83150
Open on Google Maps

Overview