KAM5414:
The New Luxury condominium is situated on 17.40 acres of gradually sloping cliff in a discreet area of Kamala Bay on the west side of Phuket.
Seaview Condominium is just a 40-minute drive from Phuket International Airport, and although the resort offers the utmost solitude and tranquility and is the perfect hideaway, the famous entertainment options of Patong are only a 10-minute ride away.
Both quality service and complete management, as well as a clear guarantee rental program (guaranteed income is expected at an amount of 7% net) are offered by the reliable developer.
This is a perfect investment considered as comfortable housing and a good investment project that will bring you high profit.
Kamala is a clean and picturesque area, the demand for rental estates is high throughout the entire year. Phuket real estate market is actively developed and has excellent prospects, property prices have been increasing annually by 10% for many previous years.
The project provides a program of guaranteed income of:
- 7% per annum for a period of 15 years without additional payments from the owner.
- The rental guarantee will be paid every year in advance.
- The first rental guarantee will be paid by the Seller to the Purchaser within 30 days from the final payment and key handover.
- Buy Back Option 10-15 years from the closing date buyer may apply for the buyback option and receive back all the money paid.
- After 15 years the possibility of renegotiating a new rental guarantee period.
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.
Payment Terms:
200,000 baht - reservation deposit +10.000 THB Lawyer’s fee.
- 40% - upon signing the Purchase Contract within 30 days from the signature of the Reservation Agreement.
- 20% - upon completion of infrastructure.
- 15% - upon building foundation completion.
- 15% - upon building structure completion.
- 10% (minus deposit) - upon keys handover.
