Patong Bay Sea View Cottages
Launching in December 2019, the Patong Bay Sea View Cottages are already generating plenty of buzz around the island of Phuket. With a strategic, serene location in a private valley tucked away in Nanai Hill, Patong Bay Sea View Cottages are affordable yet luxurious. The cottages set a benchmark for holiday home ownership in Patong.
The latest, exciting development from Phuket Holiday Services Co., Ltd., Patong Bay Sea View Cottages offers affordable and attractive ownership opportunities in the tropical destination of Phuket, Thailand. Boasting an innovative design that features simple elegance, Patong Bay Sea View Cottages showcase stunning sea views of Patong Beach and the surrounding bay.
Set against the verdant backdrop of Nanai Hill, the cottages host subtle charms owners will be happy to experience. In addition to the outstanding sea views, the cottages include a private jacuzzi on the balcony which is sure to offer hours of relaxing indulgence.
The private, open-air jacuzzi is surrounded by magnificent nature and offers the chance to truly unwind and relax. Imagine enjoying a glass of champagne in your private jacuzzi on your balcony as the sun starts to fade across the bay … a tropical dream this inviting can become a reality if you purchase one of the unique cottages on the grounds of Patong Bay Sea View Cottages.
Upon completion in 2019, ownership benefits include the use of all of the facilities of the Patong Bay Hill Resort including a common area swimming pool, gym, spa, restaurants, and cafes as well as the clubhouse. The grounds of the Patong Bay Sea View Cottages are calm and peaceful; a hidden oasis yet still very close to the hustle and bustle of Patong Beach and its popular nightlife options
- Property Type: Sea View Cottage
- Plot Size (sqm): 38,200 sqm
- Layout: 60 & 70sqm, 1 bedroom
- Total Units: 300
- Completion Date: 2019
- Ownership: Protected Leasehold with 7% NET guarantee yield for 15 year
- Style: Tropical / Modern
- Kitchen: Open plan kitchen
- Living Room: Open plan living area
- Swimming Pool: Private sea-view balcony pools
- Balcony: Private
- Garden: Landscape Garden
- View: Sea/Mountain
- Distance: 1km to town, 800 meters to beach
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 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
- 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.