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SOLD - Spacious 1 Bedroom Investment Condo in Patong for Sale

1 Bedroom 11 Bathroom1 70 sqm
For Sale: ฿4,490,000 ฿4,490,000

SOLD - Spacious 1 Bedroom Investment Condo in Patong for Sale

฿4,490,000 ฿7,500,000
Property ID: S-PAT01-1BR
1 Bed
1 Bath
70Sqm
Property ID: S-PAT01-1BR

SOLD!

Fully furnished direct pool access garden view apartments on 1st floor.

  • Price reduced from 7,500,000 THB to 4,490,000 THB.
  • Rental guarantee conditions: Special promotion 7% NET (subject to WHT) rental guarantee for the first 15 years.
  • UNIQUE CONDITION: The 7% payments will be guarantee also during the Covid-19 period.
  • Buy Back option: available after only 5 years + 10% from the initial price.
  • After 15 years possibility of renegotiating a new rental guarantee period.
  • NO monthly fee, NO electricity, NO water, NO maintenance, NO sinking fund.

The apartment is set within PHASE 1 of a luxurious collection of apartments and residences located in the lively Patong.

Situated on a beautiful hillside that looks out onto Patong bay, this great compound offers a tranquil yet lively atmosphere with easy direct access to Patong beach, Patong town, and Jungceylon shopping center.

Whether this is a lifestyle investment or your first home, you’ll benefit from the on-site complex facilities including large swimming pools, shops, restaurants and a large clubhouse featuring spa and beauty services.

This residence offers investors the opportunity to own your own slice of paradise in Phuket’s most prized parcel of Real Estate with privileged access to world-class facilities.

Enjoy the experience of witnessing Phuket’s world-famous sunsets every evening! The complex offers a free daily shuttle service to the beach, and a discount on tour bookings and Residence Restaurant and Spa prices will be offered.

Rental Guarantee Conditions

Special promotion 7% NET rental guarantee (no monthly fee, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid every year in advance. After 15 years the possibility of renegotiating a new rental guarantee period. Possibility to resell the apartment at any time and the new buyer will benefit again of a full 90 years leasehold ownership.

Owner benefits

Possibility for the Owner to use the apartment 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. The Owner can also obtain the Unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee.

Free daily shuttle service to the beach is included.

Discount on tours bookings and Residence Restaurant and Spa prices will be offered.

Property Details

Property ID S-PAT01-1BR
Type Apartments & Condos
Offer Type Sale
ProjectPatong Bay Hill 1
LocationPatong  (Find out more)
Living Area 70 sqm
Price per m2 64,143 THB
Floor 1st floor - direct pool access
Ownerships Leasehold
Status Completed
Completion Date 2016
Maintenance Fee Free
Sinking Fund Free
Rental Guarantee 7% Guaranteed Rental Return for 15 Years

Features

CCTV
Swimming Pool
24h Security
On Site Restaurant
Fitness Center
Garden View
Furnished
Gated Community

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