PATONG BAY Seaview RESIDENCE
Located on a stunning land parcel on the outskirts of Patong Bay, are the latest addition to the Phuket Holiday Services Co., Ltd. property portfolio. Surrounded by tropical vegetation, Patong Bay Seaview Residence overseen the whole Patong Bay and is walking distance to majors department stores and markets.
Patong Bay Seaview Residence are essentially one bedroom apartment units sizes over 45 square meters. Modern design, the apartments are luxurious yet cozy. Fully furnished, the units open up to sweeping views across Patong Bay. If quaint luxury is what you are after, Patong Bay Seaview Residence are sure to deliver.
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 Seaview Residence.
Upon completion in 2022, ownership benefits of Patong Bay Seaview Residence include use of all of the facilities of the Patong Bay Seaview Residence including common area swimming pool, gym, spa, restaurants and cafes as well as the clubhouse. The grounds of the Patong Bay Seaview Residence are calm and peaceful; a hidden oasis yet still very close to the hustle and bustle of Patong Bay and its popular nightlife options
- Ownership : Protected Leasehold with 7% NET guarantee yield for 15 years.
- Property Type : Sea View Apartment
- Plot Size : 24,000 m2
- Units number: 454
- Completion date : 2022
- Layout : 45 m2, 1 bedroom
- Style : Tropical/Modern
- Kitchen : Open plan kitchen
- Living Room : Open plan living and dining area
- Swimming Pool : Private sea-view balcony pools
- Balcony : private
- Garden : Landscape Garden -View : Sea/Mountain
- Distance from the beach: 1,500mt
Rental guarantee conditions:
Special promotion 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.
Buy Back Option:
after 10 years from the closing date the buyer may apply for the buyback 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 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.