1 bedroom condo 35 m² Phuket, Thailand

Project Advantages:

• Free furniture package.
• Free long-stay visa.
• Free credits up to THB 200k.
• Over 30 years of experience: 1,500 properties developed to date.
• Discounts and privileges around the world at the resort.
• Great location in the preferred area of the west coast of Phuket.

Phuket’s global appeal as a world-class resort destination, Dhawa Phuket represents the debut of this new project in Southeast Asia. The latest brand from the award-winning global hospitality group caters to a growing number of design-savvy travelers who seek distinctive experiences in stylish destinations. 

As part of the Project integrated mixed-use development comprising apartments and a hotel, the properties fuse imaginative design with absolute comfort and seamless technology. With an enviable address in a well-established destination resort, the Project offers buyers a chance to be surrounded by five-star resorts and a myriad of leisure facilities all easily accessible via the Laguna inter-resort shuttle service.

The interiors take local design cues from the island’s rich heritage and culture, bringing them to the 21st century with modern reinterpretations to transform them into inviting, comfortable homes with a truly eclectic aesthetic. Developer offers a choice of one-bedroom and two-bedroom units. 

 One-bedroom units measure between 35 to 41 sqm and come in both resort and urban style layouts. For added privacy, the 54 sqm two-bedroom units are tucked away in the corners of each building. All units comprise a master bedroom, bathroom with shower cubicle, private balconies, living, dining, and kitchen areas. Inside the compact, self-contained units, the developer’s reputation for design excellence is clearly displayed, with intelligent layouts designed to maximize every inch of floor space. Situated on the edge of the lagoon is the Clubhouse. An infinity-edge lap pool invites residents and their guests to enjoy a refreshing swim under the open skies, while an added fitness gym, expansive terrace area, bar, and restaurant provide space for residents to unwind and recharge.

• 1 and 2 bedroom
• Investment Option ( 30 days complimentary stay) – restrictions apply
• Lifestyle Option (Up to 90 days of complimentary stay)
• Club Card with the exchange program
• CAM fee and sinking fund: THB 85 /sqm/month
• Management Company
• Ownership: Leasehold (renewable)

Two rental program options available:

Investment (30 days use each year) and Lifestyle (up to 365 days use each year) 

Rental return is 40% of net room revenue of which 3%(*) is held in a reserve fund for future refurbishment costs.

(*)4% on year 2, and 5% on year 3 and onwards.

Investment Options: 6% guaranteed return for 3 years

PAYMENT PLANS:

Construction Payment Plan 

• 1st Payment upon signing the contract - 20%
• 2nd Payment when construction is 25% complete - 20%
• 3rd Payment when construction is 50% complete - 20%
• 4th Payment when construction is 75% complete - 20%
• 5th Payment upon completion of construction - 20%
• Total of 100% 

 Deferred Payment Plan 

• 1st Payment upon signing the contract - 20%
• 2nd Payment when construction is 25% complete - 10%
• 3rd Payment when construction is 50% complete - 10%
• 4th Payment when construction is 75% complete - 10%
• Post-construction payments - 50%

Special terms of payment by installments:

• 0% for a year (instead of the standard rate of 3%)
• 1% for 3 years (instead of the standard 5% rate)
• 3% for 5 years (instead of the standard 7% rate)

CONSTRUCTION 

Generally, it will take approximately 24 months (+/- 6 months) to complete the building and landscaping from the date of commencement of construction.