Superb Single Dwelling Cottages with 7% Guaranteed Return for 15 Years
Asking Price: 4,900,000 Baht
Listing Id #784
Listed by: Carl Dufvenmark
: Currently on sale with a promotional price of 4.9M THB these cottage-style properties offer excellent sea views.
The project represents the next stage of a development by an experienced Developer of long standing.
Located on the hillside overlooking Patong Bay and giving not only of unrivalled sea views, but easy access to the amenities and nightlife on offer, these cottages offer an excellent investment opportunity.
Special promotion is 7% NET (subject to Withholding Tax) rental guarantee (NO monthly fee, NO electricity, NO
maintenance, NO sinking fund...) for the first 15 years.
After 15 years possibility of renegotiating a new rental guarantee period.
In addition there is an attractive Buy Back Option: After 5 years plus 10% interest.
The first rental guarantee will be paid by the Seller to the Purchaser after one year from the final payment.
On-site amenities include large communal pool, reception, wellness centre, restaurant and spa, as well as a shuttle service to other properties within the Developers portfolio, including restaurants and beach clubs.
Patong is a bustling year-round resort location filled with restaurants offering all types of food, bars, nightclubs, shopping centres, arcades and a wealth of other amenities. In addition, the beach offers several activities.
The airport is approximately a 45 minute drive away, as are the boutique restaurants in Phuket Town.