1 bedroom condo 34 m² Phuket, Thailand

Thailand, Phuket
€103,891
€3,056/m²
;

Location

  • Country
    Thailand
  • State
    Phuket Province
  • City
    Phuket
  • Address
    Wiset Road

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €3,056/m²
  • Bedrooms
    Bedrooms
    1
  • Total area
    Total area
    34 m²

Description

RAW6869:

This project will be the fifth project from this developer. The previous 4 projects were sold at the beginning of construction and are now being successfully rented out. The entire island and even beyond the borders of Thailand are aware of the success of all previous projects from this developer.

At this time, the developer originally approached the project, given the success of previous projects in the sale and rental. This phase of construction will consist of two parts of one complex. The complex will consist of four buildings, five floors each.

The first part is an investment project. This part of the project will be managed by a world-famous international hotel brand "Best Western Premier Collection". In total in the investment part of the project provides apartments in the amount of 124 units.

The first building of the investment part of the complex, which consisted of 54 apartments, was already successfully purchased by an investor from Bangkok. The fame of this project diverges with incredible speed.

The second part will be built as private residences. That is, it provides for the personal use of the apartments and the possibility of self-management. In total, the project will have 104 units in the residence part.

In both parts of the complex, you can purchase apartments with full ownership (freehold) or ownership of 30*30*30=90 years (leasehold).

The start of construction is scheduled for mid-2019. The end of the year is 2021.

The project offers a convenient internal infrastructure:

  • 7 pools
  • steam rooms and fitness centers
  • Restaurant for 200 seats
  • Children's playgrounds
  • Covered parking
  • 24-hour security with ССTV

About the cost:

In the investment area managed by a global brand, apartments are offered from 4,370,575 THB (not including furniture packages and additional payments).

Conditions:

  • 10 years of hotel management
  • Guaranteed return: 7% per year for 3 years (paid within 15 days after the transfer of ownership)
  • Rental program (rent pool) 60/40 for 7 years

Apartments in the residence of the project:

The choice of apartments in this part is much more:

  • One bedroom 35 sqm. - 41 sq.m.
  • Two bedrooms 69 sqm. - 78 sq.m.

Apartments in the residence should be purchased if you are looking for guarantees of comfort and coziness in a well-known project. These apartments are ideal for personal living or self-management.

Payment schedule:

  • Deposit - 100.000 Baht.
  • Signing a contract - 25% (within one month).
  • The start of construction and foundation works - 25%.
  • Completion of finishing works - 25%.
  • Transfer of ownership - 25%.
Updated at: 07/09/2022

Location on the map

Thailand, Phuket

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