Investment 65 m² in Patong, Thailand
Location
Property characteristics
Building parameters
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The year of construction2018 -
Number of floors1
Property parameters
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Rooms1 -
Total area65 m²
Description
Apartment in Building C on the 1st floor
Purchase Conditions
Rental guarantee conditions
8% NET (subject to WHT) rental guarantee for the first 2 years, 7% NET (subject to WHT) rental guarantee for the following 13 years (no maintenance fees, no electricity, no water, no sinking fund…) for 15 years. The rental guarantee is paid every year in advance. First rental guarantee payment is made within 30 days as soon as the unit is fully paid.
Buy-Back Option
Buyback from the Developer optional after 15 years at an initial price + 10 %.
After 15 years of negotiation with the Developer for a new Rental Guarantee Program.
Payment Terms
200,000 baht reservation Deposit
50% upon signing the Purchase Contract, within 30 days from the signature of the Reservation Agreement.
50% (minus deposit), within 3 months.
The buyer can re-sell the unit anytime (change name in the lease contract) during the 15 years and the new buyer will continue with the same rental guarantee conditions of the first buyer.
Owner benefits
- 4 weeks usage allowance per year at any time including PEAK SEASON.
- VIP owner card with free daily shuttle and advantages in the group plus activities.
