Paradise Beach Residence
Your dream holiday property. 7% Guaranteed Rental Return for 15 years.
Chic, modern and boasting an outstanding location, Paradise Beach Residence in Phuket offers an incomparable investment opportunity in Phuket with a guaranteed return on investment. Tucked away in the southwest part of the island near a fantastic beach, Paradise Beach Residence Phuket offers 1,152 units conceptualized to resemble a 5-star hotel experience.
THE PROJECT – Paradise Beach Residence
Paradise Beach Residence Phuket, located 2 km southwest of Patong, is an exceptional residence on the island of Phuket. The pristine, compact beach is one of Phuket’s hidden treasures. Chic and modern, the project offers one bedroom residence units of 45 square meters and 60 square meters.
The one bedroom residence units boast a tropical, modern design and feature open plan kitchen, living and dining areas. The square-shaped layout maximizes space. The design is minimalistic with large windows and floor-to-ceiling sliding glass doors to allow natural light to cascade through the apartment and enhance the impressive views. Each apartment has a balcony with a private Jacuzzi and the ground floor apartments offer the ultimate relaxation experience with direct pool access.
The fully furnished units boast impeccably stylish furniture and modern decorations to provide all the necessary comforts in your dream holiday property.
Featured with a variety of convenient on-site amenities and facilities, owners of Paradise Beach Residence Phuket will be able to enjoy parking, pool center, pool bar, conference room, state-of-the-art fitness center, luxury spa and wellness center, Mini Mart, and lobby with 24-hour security, along with restaurants that offer Thai and Western cuisines
LOCATION of Paradise Beach Residence
Paradise Beach Residence encompasses the perfect balance of all Phuket, Thailand, has to offer. The location is absolutely stunning, with gorgeous natural surroundings, lush tropical vegetation and white sandy beaches within walking distance.
The location of Paradise Beach is pristine. The compact beach has great views of Patong Bay and is shaded by large palm trees and dotted with large granite rocks. It is the perfect secluded destination to relax and unwind.
The world-famous tourist destination of Patong Beach is only a few steps away. Patong has it all – great dining options, shopping malls, unique local markets, and the infamous entertainment destination of Bangla Road.
For those wishing to explore the rest of the island, Paradise Beach is approximately 30 minutes from Central Festival and Phuket Town, in close proximity to Merlin Beach, Freedom Beach and Tri Trang Beach as well as an approximate 42 km from Phuket International Airport.
FEATURES of Paradise Beach Residence
- Property Type: Residence
- Plot Size (sqm): 24,100 sqm
- Layout: 45 & 60sqm, 1 bedroom
- Total Units: 1,152
- Completion Date: 2022/2023
- Ownership: Protected 90 years Leasehold with 7% NET guarantee yield for 15 year
- Style: Tropical / Modern
- Kitchen: Open plan kitchen
- Living Room: Open plan living area
- Swimming Pool: 7,000 sq.m swimming pool plus rooftop infinity pool
- Balcony: Private balcony with Jacuzzi
- View: Garden View/Pool View/Side Seaview
- Distance from the sea: 300 meters
SAFE INVESTMENT WITH GUARANTEED RETURN
This prime real estate investment, located near Paradise Beach, comes with a 7% NET rental guarantee for the next 15 years. The enviable location is close to Patong, which gets a high share of the rising numbers of tourists to Phuket annually. Phuket tourism revenue grew 6% to over B272 billion in 2019 alone, while the Phuket International Airport had a 10% revenue growth during the same year. Year-on-year monthly arrivals were up 8% at the end of December 2019.
Phuket Holiday Services expanding portfolio of property developments in Phuket offer an excellent opportunity to invest in a lucrative market while offering a safe investment with a guaranteed return for 15 years. Paradise Beach Residence Phuket guarantees a 7% NET rental guarantee on your investment annually, with no need to pay monthly fees, electricity, maintenance, or sinking funds for the first 15 years.
Competition in the idyllic area is limited, as this is the only residence conceptualized to resemble a 5-star hotel experience. Paradise Beach Residence Phuket is nestled next to a road with access to three exceptional beaches southwest of Patong.
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. The rental guarantee will be paid every year in advance.
After 10 years from the closing date the buyer may apply for the buy-back option and receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.
200,000.00 THB reservation deposit
35% upon signing the Purchase Contract within 30 days from Reservation Agreement
10% upon 90 days from previous installment
15% upon completion of infrastructure
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover
- 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.
- Owner can get VIP member card and enjoy discount in Paradise Beach.