Full Description: This is Phuket’s first freehold apartment development, offering individuals an opportunity to own and enjoy a lifestyle investment property. Operating as a resort, owners can benefit from high investment yields whilst enjoying annual vacations in one of the world's premier island destinations. All of our Apartments are traded in Thai baht with prices ranging from 4,200,000THB to 22,000,000 THB.
This development is with out doubt one of the best located and thoughtfully designed residential property projects in Phuket, situated on a hillside above the beautiful Bang Tao Beach, comprising three phases of spacious and generously proportioned studio, two and three-bedroom resort apartments set in landscaped gardens. Many apartments enjoy spectacular west facing panoramic views over the Andaman Sea. The property includes spa and gym, sunset bar, and gift shops. Residents will also have access to the unspoilt Bang Tao Beach just three minutes away.
The development will be operated as a resort destination with a high level of professional service including 24 hour concierge, house keeping, laundry, security, and room service. All apartments will have IDD telephones, broadband internet, multi-channel television and are offered with a complete furniture package.
Apartments enjoy open living spaces that range from 135 to 198sqm. Swimming pools and Jacuzzis are available with the larger units. Asian contemporary interiors utilizing top quality local materials with high quality furnishings, fixtures and fittings will be stunning with all units enjoying centralized air conditioning systems throughout. Apartments come fully furnished and include appliances, cookery and linen.
Attractively they are sold on a freehold basis and is proving to be a sought after resort style beach estate, which you can expect 6 and 8% projected rental return for the first 2 years.
Floor Plan Sizes
• Type A - 2 Bedroom 1474 sq ft.
• Type B - 2 Bedroom 2287 sq ft.
• Type C - 3 Bedroom 3481 sq ft.
• Type D - 3 Bedrooms Duplex 2099 sq ft.
• Type P - 3 Bedroom Penthouse 2948 sq ft.
• Type S - Studio 627 sq ft.
The development is available to purchasers with two ownership methods. Freehold allows the owner to own the title deed in their own name. This is available to 49% of the development.
The remaining 51% of the development is offered on a Leasehold Contract. The period of the Lease is 30 Years with two further renewable periods built in thereby offering a lease term of 30+30+30 Years. We also build within the Leasehold contracts the right for the owner to convert to Freehold should a change in the current law allow this during any period of the lease term.
Payment Plan:
Standard Payment Plan:
• Reservation Fee (Non-refundable) US$ 4,545/THB 150,000
• Upon signing of the Contract - 30% minus Reservation Fee
• Upon commencement of Ground-works - 20%
• Upon completion of the Superstructure - 30%
• Remaining upon completion of the unit - 20%
5-Year Interest-Free Payment Plan:
• Reservation Fee (Non-refundable) US$ 4,545/THB 150,000
• Upon signing of the Contract - 50% minus Reservation Fee
• Next 12 months - Nil
• Next 48 months - 50% divided into 48 monthly instalments
For more properties please go to http://www.phuket-properties.co.th |