1 bedroom condo 45 m² Phuket, Thailand

Thailand, Phuket
€70,207
€1,560/m²
;

Location

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

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €1,560/m²
  • Bedrooms
    Bedrooms
    1
  • Total area
    Total area
    45 m²

Exterior details

Exterior features:

  • Patio

Description

PAT6257:

SPECIAL LIMITED OFFERS FOR ONLINE INVESTORS:

Pay the full amount for up to 45 days from the Reservation and get a 7% annual cash-back in 30 days (IN ADVANCE).

This project is a complex of 4 buildings located around the pool, the second pool will be on the roof of the building A.

Two condominium buildings will consist of 5 floors and two more - of 8 floors. On the territory of the condominium provides such amenities as:

  • A restaurant
  • Gym
  • Outdoor pool on the ground floor
  • Luxurious outdoor pool on the roof of Building A
  • Reception
  • Management Company
  • Free shuttle to the beach

This is not the first project of this developer. This condominium is considered the second phase of a successful project. In addition to the condominiums with the best location, the developer implements several projects of villas and cottages. All projects of this developer are worthy of attention and every day more and more people trust their investments in these projects.

There is a one-bedroom apartment of 45 sq.m. A total of 199 apartments will be built in the project. Each apartment developer equips a full package of furniture, which is already included in the price. This decision was made after it became known that the apartments will be rented by type of hotel. Thus, at an attractive price, you get spacious apartments with a full package of furniture + the developer gives you a complete kitchen design.

Terms of payment:

  • 200,000 baht - reservation deposit + 10,000 baht lawyer support.
  • 40% - upon signing the contract within 30 days from the date of reservation.
  • 20% - after the completion of the common infrastructure.
  • 20% -after the completion of the foundation.
  • 10% - upon completion of construction.
  • 10% - (minus reservation deposit) on the transfer of ownership

Benefits for the owner:

The owner can use the apartment for 4 weeks during the low season or 2+2 weeks during the low and high seasons. Participation in the guaranteed income program, the owner is exempt from additional fees (water, electricity, etc.).

The owner can also use the apartment during the peak season by paying compensation in the amount of 50% of the official rental price.

The condominium provides a free shuttle service to the beach, as well as discounts on the use of condominium services such as a restaurant, spa, tour bookings, etc.

Guaranteed rental income:

The developer guarantees 7% per annum for the first 15 years = 105% of the net income. After 15 years there is the possibility of revising the conditions of the rental program.

Interesting bonus:

With full payment before the end of construction, the owner will receive 3.5% within 30 days from the date of the final payment.

Buyback option:

Available after 10 years and up to 15 years of use, at the original price.

The redemption year will be counted from the closing date of the transaction.
*Pool view units on the 2nd floor

Updated at: 08/09/2022

Location on the map

Thailand, Phuket

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