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Beachfront Investment Condo in Bangtao, 8% Guaranteed Returns / 10 Years

฿4,500,000
1 Bed
1 Bath
36 sqm living
Leasehold
Freehold
Property ID: S-BAN96
Property Details
Foreign Freehold
Near Beach
Rental Guarantee
Property typeApartments & Condos
Offer typesale
LocationBangtao & Layan
Bedroom1
Bathroom1
Living space36 sqm
Price per sqm125,000 THB
FloorFive floor building
StatusOff-Plan
Completion dateScheduled to be completed January 2023
CAM FeeFree for commercial units in the 10-years rental program
OwnershipLeasehold
OwnershipFreehold
Rental Returns8% Guaranteed Rental Return for 10 Years
ProjectSole Mio Condominium - Bangtao
Description

Buyers of commercial areas will be entitled to receive an 8% guaranteed return for 10 years, and will not be charged for common area fees during this period. After the expiration of the 10-year rental program, the Developer will provide the buyer with a buyback option or return the unit back to the Buyer as a residential property

The project is under construction and expected to be completed in January 2023.

Price specified for leasehold type of ownership. Freehold units are available on the premium 4th and 5th floors and will be provided for extra THB 300,000 per unit.

This new condominium project coming up in Bang Tao has a lot going on for it. Let’s start with the key features:

Key Features

  • Located in one of the most prestigious and developed resort areas of Phuket Island and less than 200 meters walking distance to Bangtao beach
  • Payment by installments and free furniture package
  • Hotel license and transparent rental management program
  • Guaranteed return on investment from 10% per year for 8 years
  • Free two weeks stay in the hotel per year

Guaranteed Rental Returns

Upon completion of construction, the investors of the project will receive 8% of the annual return on investment for 10 years. In addition, customers are entitled to a free stay at the hotel for two weeks per year, which also increases the total amount of the ROI.

Location

Just 150m from the beach in a straight line, and a short 300m walk to get there. Lined with small local restaurants and reggae bars, it allows you to enjoy a sunset meal or drink while experiencing the feel of warm sand under your feet.

Looking for something a little less rustic? A short walk south and you end up at one of Phuket’s best beach clubs, Catch; a short stroll to the north – the luxurious resorts of Laguna Phuket with their fine dining restaurants, spas and a golf course await.

The Development

Going down from the rooftop, four of the development’s five-floors host the condominium’s 124 units (31 per floor) available in two types – a Universal 36 sqm studio and a Deluxe 57 sqm one-bedroom apartment. Regardless of the size, all units follow the cruise ship theme in their modern interiors. Carefully designed with maximum livability in mind, each apartment invites plenty of natural sunlight and offers ample, uncluttered space further increased by the use of naturally flowing curved lines. Moreover, all units come fitted with balconies.

Back on the ground floor, except for ample parking space, a lobby and reception areas are located. That’s because this development will be managed like a hotel, allowing the future owners to profit from Phuket’s booming tourism business. To make it even more attractive to holidaymakers, the project will introduce a special anti-aging program for its guests, featuring a selection of treatments at the project’s in-house esthetic clinic, meditation and yoga sessions, cryo sauna and traditional sauna treatments, massages as well as nutritionist consultations and custom-made healthy menus.

Facilities

  • Parking
  • Lobby/reception
  • Bar and restaurant
  • Health and rejuvenation center
  • Gym, meditation and yoga centers
  • Rooftop swimming pool and sea view sunbathing terrace
Features
CCTV
Swimming Pool
24h Security
On Site Restaurant
Fitness Center
Furnished
Contact Us
Agent
Pulse agent - Sales Manager

Sales Manager

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Muang 83000
Phuket, Thailand
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- Franklin D Roosevelt

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