1 bedroom condo 45 m² Phuket, Thailand
Location
Property characteristics
Apartment parameters
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Price per m²€1,736/m² -
Bedrooms1 -
Total area45 m²
Description
A new project of separate three-story condominiums in the Patong area. The project will be located near Patong Beach, from the famous and always celebrating Bangla Road and the huge Jungceylon shopping center.
The new project will consist of 454 one-bedroom apartments. Each apartment will have a total area of 45.5 sq.m. and a private jacuzzi on the balcony. The project will be located on a hill, thanks to which, from here you will have a fabulous view of the sea and the garden.
The apartments will have a modern minimalist luxury design. The whole interior will be made in bright colors, which will visually expand the internal space. Panoramic windows guarantee a great view and plenty of natural light. Sliding doors allow you to always be among the purity of tropical air and the diversity of nature. Eternal summer will always live in your apartment!
Construction began in June 2022, and the end is planned for December 2023.
The developer offers a special offer for guaranteed income: 7% NET per year (no monthly fees, electricity, maintenance, sinking fund ...) for the first 15 years.
IMPORTANT, the rental guarantee will be paid each year in advance!
The developer also offers a buyback option:
- After 10 years from the date of completion, the buyer can apply for a buyback option and sell the apartment back to the developer
Or:
- After 15 years the 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 the 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 the high season and 2 weeks in the 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.
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