Investment 70 m² in Patong, Thailand

Patong, Thailand, Phuket
€174,469
;

Location

  • Country
    Thailand
  • State
    Phuket Province
  • City
    Phuket
  • Town
    Patong

Property characteristics

Building parameters

  • The year of construction
    The year of construction
    2024
  • Number of floors
    Number of floors
    1

Property parameters

  • Rooms
    Rooms
    1
  • Total area
    Total area
    70 m²

Investment params

  • Yield per year
    Yield per year
    7%

Interior details

Cooling:

  • Air conditioner

Interior Features:

  • Furnitured
  • Household appliances
  • Balcony

Security features:

  • Video surveillance

Property condition:

  • Renovated

Exterior details

Parking features:

  • Parking

Exterior features:

  • Swimming pool

View:

  • Sea view

Description

Purchase Conditions

Rental guarantee conditions
7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid every year in advance.

Buy-Back Option
After 10 years from the closing date the buyer may apply for the buy-back option and receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.

Payment Terms
200,000 baht reservation deposit
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
20% upon completion of infrastructure.
20% upon building foundation completion
10% upon building structure completion
10% (minus deposit) upon keys handover

Owner benefits

  • Possibility for the Owner to 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.
  • The Owner can also obtain the Unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee.
Updated at: 06/09/2022

Investment located in a new building

Patong, Thailand
from
€139,603
The year of construction 2024
Number of floors 1
Area 60–70 m²

More properties in this new building

Location on the map

Patong, Thailand, Phuket
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