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      PATONG BAY HILL PHASE 2

      DESCRIPTION

      PROMOTIONAL OFFER FOR RENTAL GUARANTEE PROGRAM ONLY ON 30 UNITS

      The Phase 2 will feature 4 buildings and 199 units with 1 pool in the middle of the buildings and 1 pool on the rooftop. The units are all 45 Sq.m with one bedroom layout in a contemporary design.

      Pool View and Garden View apartments, fully furnished including kitchen and appliances.

      PROJECT & ROOM RENDERING

      PLAN

      Special Conditions

      Lease right: 90 years leasehold.
      Registration taxes shared 50%-50% between Seller and Buyer.

      Rental guarantee conditions: 7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years. After 15 years possibility of renegotiating a new rental guarantee period.
      Note: In case client pays in full during construction he will get 3.5% within 30 days from final payment and then 7% for 15 years after hand over date.

      Buy back option: available at from year 10th to 15th at the original price
      Buyback year will be counted from the closing date

      Payment Terms: COMPLETION DATE JUNE 2021
      200,000 baht reservation deposit +10 000 THB lawyer fee
      40% upon signing the Contract within 30 days from the date of Reservation Agreement.
      20% upon completion of infrastructure.
      20% upon building foundation completion
      10% upon building structure completion
      10% (minus deposit) upon handover

      Owner benefits: 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, 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.
      Free daily shuttle service to the beach is included. Discount on tours bookings and Residence Restaurant
      and Spa prices will be offered.

      Patong Bay Hill 2

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