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Apartment / Flat / Unit | Patong 83150
|Property Type:||Apartment / Flat / Unit|
|Location:||Patong 83150 Thailand|
|Total overbuilt space:||34 m2|
Description1 bedroom Apartment for sale net rental guarantee Patong
The 1 bedroom Apartment for sale net rental guarantee Patong is located in a stunning executive residence luxuriously styled and finished, located right in the heart of Phuket’s Entertainment and Tourism area of Patong. Amazingly located being only a 10-minute walk to the famous Patong Beach with its white sands and glistening tropical waters.
1 bedroom Apartment for sale net rental guarantee Patong is a modern style 130, 1 bathroom / 1 bathroom condominium with sophisticated, contemporary, executive suites finished to the highest of quality. A modern open plan layout fully furnished throughout with a separate bedroom and kitchen facilities.
The on-site facilities will include a roof-top Pool and Decked Lounge area, Fully equipped Fitness Centre a Wellness Centre and Restaurant.
Rental guarantee conditions
7% NET Rental Guarantee for 15 years (subject to WHT) will be paid in advance (No maintenance fee, no utilities, no common area fee, no sinking fund for 15 years). Furniture package included.
Option 1 In case paid 50% of unit price, the Buyer will receive 3.5% rental return within 30 days.
Option 2 (3 units on promotion free choice) In case paid in full payment, the Buyer will receive 7% NET Rental Guarantee within 30 days as from full payment.
Between 10 and 15 years the Buyer may apply for BuyBack option and receive back all the money paid. After 15 years there is a possibility of renegotiating for a new rental guarantee period
Registration tax will be shared 50%‐50% between Buyer and Seller.
Lawyer Fee: 10,000 THB (Accountant fee to obtain Tax ID number for WHT refund is not included)
Possibility for the owner to use the apartment for 4 weeks in low season or 2 weeks in high season and 2 weeks low season, free from the costs for electricity, water and monthly fee.
210,000 baht reservation deposit + lawyer fee
40% upon signing the Purchase Contract (within 30 days from Reservation Agreement being signed) 20% upon infrastructure completion
20% upon foundation completion
10% upon building structure completion
10% (minus reservation deposit) upon keys handover