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Patong Bay Sea View Cottages | Apartments in Thailand for Sale

Category : Condo Developments | Posted On 2017-07-15 00:00:00

Development: Patong Bay Sea View Cottages


DEVELOPMENT DETAILS


Year Built:  Q4 2019

Total Number of Units:  300

Ownership Structure:  Leasehold Title Only

Prices and Location:  Patong Bay Cottages Listing

Video Link:   Patong Bay Cottages Video

Developer Link:  Developer Patong Bay Website


DEVELOPMENT DESCRIPTION 

These apartments in Thailand for sale are strategically located in a private valley high on Nanai Hill, the next exciting development from Phuket Holiday Services Co., Ltd. and already gaining much attention. With a completion date set for December 2019, Patong Bay Sea View Cottages sets the bar for affordable, luxurious yet private holiday home ownership in Patong.

Patong Bay offers an innovative design that exudes island elegance. These apartments in Thailand for sale command breathtaking sea views of Patong Beach and the clear blue waters of the Andaman Sea. The backdrop of Patong Bay Sea View Cottages is lush and tropical with the calming green hues of Nanai Hill hugging the development.

In addition to the breathtaking sea views, the Patong Bay Sea View Cottages feature a private jacuzzi on the balcony that is perfect for enjoying the simplicity of the surrounding nature in the privacy of your own home. An open-air jacuzzi also affords the opportunity to really relax, perhaps pour a glass of wine and soak up the last of the day’s rays before the sunsets.

Patong Bay Sea View cottages come fully furnished and include a rental guarantee of 7% for fifteen years with no maintenance or utility costs. This is an exceptional value, to be honest, and a deal like is not often to be found in Phuket. In addition, there is an option to buy back after five years with 10% interest. Apartments in Thailand for sale just cannot compare.



DEVELOPER PROFILE

Phuket Holiday Services Company Limited is the real estate sales department of Pisona Group, a Phuket based corporate with broader and deeper capabilities than any other company in the South of Thailand and the leading full-service real estate services and investment organization in the island.

Pisona Group through its sales department Phuket Holiday Services is the largest Phuket residential real estate services and investment firm in Phuket, with 2015 gross sales 1 Billion Thai Bath and approximately 3,000 employees in different sectors.

Phuket Holiday Services serves real estate owners, investors and occupiers as well offer strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.


DEVELOPMENT OWNERSHIP

The title of Ownership can be registered under the foreign name of any nationality as Leasehold in accordance with Thai law. These apartments in Thailand for sale are 30-year leasehold structure with 2 extensions in the contract for a total of 90 years.


PROPERTY MANAGEMENT

An attractive 15-year guarantee program that provides 7% yearly returns (total of 105% over 15 years) is available to all of our investors. This option provides you with a free 4 weeks stay (2 weeks high season and 2 weeks low season or 4 weeks a low season) per year.

Take advantage of the popular Rental Management Program to ensure that your unit is consistently generating effortless passive income while you are abroad.

Buyback option after 5 years for 100% of purchase price plus 10% interest.


CONSTRUCTION PERIOD

  • Scheduled for completion in Q4 2019



DEVELOPMENT FACILITIES

• Common area swimming pool

• Gym

• Spa

• Restaurant

• Cafe

• Clubhouse


DEVELOPMENT FEES

  • Maintenance (CAM) Fee – NO monthly fee
  • Sinking Fund – NO sinking fund to pay
  • Electric and Water – NO electric and NO water to pay
  • Registration taxes (1.1% of the purchase price) will be shared 50/50 between buyer and seller for (30+30+30) lease registration.
  • Built-in Package - Included in price
  • Furniture Package - Included in price


DEVELOPMENT PAYMENT TERMS

  • 200,000 THB  Reservation Fee
  • 40%  at Contract Signature within 30 days
  • 20%  at foundation completion (expected mid-2018)
  • 20%  at unit structure completion (expected mid-2019)
  • 10%  at lock-up stage (expected late 2019)
  • 10%  at key hand over (expected end 2019)




Phuket Realtor
David Henry
David Henry is known for his integrity, high energy and hard work which goes into every detail or your real estate transaction at Phuket Realtor. David grew up in the Boston area and started as a realtor in his 20's. With over 30 years of experience in real estate, he has now started one of the best independent real estate agencies in Thailand, Phuket Realtor.

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