Paradise Beach Residence
Your dream holiday property. 7% Guaranteed Rental Return for 15 years.
Paradise Beach Residence Phuket
Paradise Beach is a fully private secluded beach in the midst of a tropical forest. This picturesque beach offers unparalleled beauty with white sand, tranquil turquoise water, and a coral reef teeming with fish and sea life. Various recreational activities are available including snorkeling, kayaking, volleyball, and paddling. The dive center offers amazing underwater adventures for all experience levels. Full range of amenities including beach chairs, changing rooms with showers, parking, colorful shops, and restaurants. And don’t forget the full moon party that takes place on the beach every Saturday evening until late night… Owners will have privileged access to the beach with discounts on activities, food and beverages.
Paradise Beach Residence offers the perfect balance of what Phuket, Thailand has to offer. Lush tropical vegetation covers the surrounding area, serene sandy beaches within walking distance, and the vibrant heart of Patong is only a few steps away. The free shuttle bus will drop you in Patong where you can enjoy the markets, Jungceylon and Central Festival shopping mall, restaurants with cuisines from all over the world, and energetic nightlife or at Paradise Beach, which is the idyllic spot to relax the mind and body.
Paradise Beach Residence has a one-bedroom floor plan that is chic and modern. The 45 sq.m and 60 sq.m units maximize the space by using a square-shaped layout. 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.
The apartments are spacious with sensational lighting. The fully furnished units display impeccable modern and stylish furniture and decorations to provide all necessary comforts in your dream holiday property. Each apartment enjoys a balcony with a private Jacuzzi and the ground floor apartments offer the ultimate relaxation experience with direct pool access.
Paradise Beach Residence offers an incomparable investment opportunity with a 7% NET rental guarantee for 15 years. There is a buy-back option offered by the developer after 10 years that will guarantee the safety of your investment. Finally to assure your peace of mind, after 15 years there is the possibility of renegotiating a new rental guarantee period.
On site amenities and facilities
Paradise Beach Residence features a variety of on-site amenities and facilities to attend to all of your needs and desires. Owners 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.
- Ownership: Protected 90 years Leasehold
- ROI: 7% NET guaranteed rental return for 15 years (subject to WHT)
- Property Type: Residence
- Plot Size: 24,100 sq.m
- Units number: 1,152
- Completion date: 2022
- Layout 45 sq.m and 60 sq.m, 1 bedroom
- Style: Tropical/Modern
- Kitchen: Open plan kitchen
- Living Room: Open plan living and dining area
- Swimming Pool: 7,000 sq.m swimming pool plus rooftop infinity pool
- Balcony: Private balcony with Jacuzzi
- View: Garden view, Pool view and Side sea view
- Distance from the sea: 300 meters
- Distance from the town: 2 kilometers (Patong)
Rental guarantee conditions
Special promotion 7% NET guaranteed rental returns (no monthly fees, no electricity, no maintenance, no sinking fund) for the first 15 years (subject to WHT).
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.