The apartment rents out at THB 85,000 a month = 6.8% Gross Rental Return! Great Opportunity for Investors!
With an impressive 210 sqm indoor area, a large veranda (covered terrace) and a delightfully planted large garden, making the total area of the property a huge 365 sqm, it is more like a villa than an apartment.
Situated at the top of Bougainvillea Terrace House (a European-run boutique hotel with condos), it has fantastic views of Kata Bay and Phu Island. The building itself stands on its foundations and the magnificent roof garden is above condos.
It has the luxury of private elevator access. A very exclusive property.
Two bedrooms are on the entry-level, with the third bedroom on the upper level. All bedrooms have walk-in wardrobes and beautiful, large ensuite bathrooms. In addition, there is office space and a large built-in desk attached to the upper mezzanine bedroom. Fully furnished with electrically operated curtains to the lower floor bedrooms and elegant paintings throughout.
The living area is open and brightly decorated. Arranged open-plan, there is a large modern western high-quality kitchen with a stone worktop, lots of counter space, and cupboards. Inside the kitchen is a stovetop, oven, microwave, refrigerator with freezer, dishwasher, cookware, and dishes. There is even a panoramic window in the kitchen with green views.
A spacious and luxurious 54-square-meter covered outdoor terrace (veranda) includes an outside dining area and showcases sea and city views of the Kata area. It is raised 0.4m above the wonderful, large terrace garden, planted with pots and troughs. There is an outside shower, hot tub bath (not jacuzzi), and wash area. Attractive external lighting on the verandah and in the garden.
There is one allocated private parking space capable of taking a large car.
This is a breathtaking, beautifully designed, and incredibly spacious property, only 800 meters or a 10-minute walk to Kata Beach, with many cafes, restaurants, shops, and other amenities in between.
Sold leasehold with a brand new 30-year lease. The total lease period is until 2090.
Communal facilities include a large 25m x 15m swimming pool, bar, poolside lounge area, office, and an onsite restaurant.
Common area fees are 63.41 THB per sqm and a total of 217,615 THB per year. The housing tax is 12,805 THB per year.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.”
- Franklin D Roosevelt