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The Bay and Beach Club

Description

The Bay and Beach Club is the new bench mark in entertainment and luxury living in the heart of Patong on the Andaman coast, a truly remarkable resort and private residence, the ultimate Phuket destination. These exquisite one and two bedroom Apartments are set on Patong Beach, making it a totally unique project.

A sophisticate resort on one of the world’s most happening beaches. Perfection without compromise, every element of this highly anticipated resort will be addressed with painstaking attention to detail.

THE ONLY RESIDENCE ON THE BEACH IN PATONG.

Features

  • % NET rental guarantee for the first 2 years.
  • % NET rental guarantee for 13 years.
  • Property type: Beach Club Resort
  • Plot Size: – 3,308 m2
  • Built up area: 2,169 m2
  • Completion date: 2018
  • Layout: 41m2 to 120m2 with open plan 1 bedroom & 2 Bedroom
  • Style: Luxury/Contemporary
  • Kitchen: Open plan kitchen
  • Living Room: Open plan living & dining area
  • Swimming Pool: Common swimming pool
  • Balcony: Private Jacuzzi & Sunk seat
  • Garden: Landscaped Garden
  • View: Beach/Sea
  • Distance to Town: 0km to town
  • Distance to Beach: 0km to beach

PROMOTIONAL OFFER FOR RENTAL GUARANTEE PROGRAM

Apartments with Sea View, luxury finishings with private jacuzzy on the balcony.
Start construction: June 2016.
Completion date: December 2018.

Prices:

BUILDINGFLOORSQMPRICE
A2nd FLOOR57,213,041,600 baht
A2nd FLOOR12027,360,000 baht
B2nd FLOOR41,28,899,200 baht
C1st FLOOR65,2517,226,000 baht
C2nd FLOOR65,2519,575,000 baht
D1st FLOOR5614,112,000 baht
D2nd FLOOR52,814,572,800 baht
D2nd FLOOR6016,560,000 baht
D3rd FLOOR52,815,840,000 baht
D3rd FLOOR6018,000,000 baht

Protected Leasehold 30 years from Developer. No registration. Completion date on contract: December 2018.

Rental guarantee pre-tax conditions:

7% NET (subject to WHT) rental guarantee for 15 years.
(no maintenance fees, no electricity, no water, no sinking fund…) for 15 years.
The rental guarantee is paid every year in advance.
First rental guarantee payment is made within 30 days as soon as the unit is fully paid.
VIP owner card with free daily shuttle and advantages in the group plus activities.4 weeks usage allowance per year any time including  PEAK SEASON.

Buy Back:

Buy back from the Developer optional after 15 years at initial price + 10 %.
After 15 years negotiation with Developer for a new Rental Guarantee Program.

Payment Terms:

200,000 baht reservation Deposit
50% upon signing the Purchase Contract, within 30 days from the signature of Reservation Agreement.
50% (minus deposit), within 3 months.

Buyer can re-sell the unit anytime (change name in the lease contract) during the 15 years and new buyer will continue with the same rental guarantee conditions of the first buyer.


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