Patong Bay Sea View Cottages , Patong

Overview

Launching in December 2019, the Patong Bay Sea View Cottages are already generating plenty of buzz around the island of Phuket. With a strategic, serene location in a private valley tucked away in Nanai Hill, Patong Bay Sea View Cottages are affordable yet luxurious. The cottages set a benchmark for holiday home ownership in Patong.

Boasting an innovative design that features simple elegance, Patong Bay Sea View Cottages showcase stunning sea views of Patong Beach and the surrounding bay.
Set against the verdant backdrop of Nanai Hill, Patong Bay Sea View Cottages host subtle charms owners will be happy to experience. In addition to the outstanding sea views, Patong Bay Sea View Cottages include a private jacuzzi on the balcony which is sure to offer hours of relaxing indulgence.

The private, open-air jacuzzi is surrounded by magnificent nature and offers the chance to truly unwind and relax. Imagine enjoying a glass of champagne in your private jacuzzi on your balcony as the sun starts to fade across the bay … a tropical dream this inviting can become a reality if you purchase one of the unique cottages on the grounds of Patong Bay Sea View Cottages.

Upon completion in 2019, ownership benefits of Patong Bay Sea View Cottages include use of all of the facilities of the Patong Bay Hill Resort including common area swimming pool, gym, spa, restaurants and cafes as well as the clubhouse. The grounds of the Patong Bay Sea View Cottages are calm and peaceful; a hidden oasis yet still very close to the hustle and bustle of Patong Beach and its popular nightlife options

FEATURES

Ownership : Protected Leasehold with 7% NET guarantee yield for 15 years.
Property Type : Sea View Cottages
Plot Size : 38,800 m2
Built up area : 15,960 m2
Completion date : 2019
Layout : 46 m2, 1 bedroom
Style : Tropical/Contemporary
Kitchen : Open plan kitchen
Living Room : Open plan living and dining area
Swimming Pool : Private sea-view balcony pools
Balcony : private
Garden : Landscape Garden -View : Sea/Mountain
Distance to Town : 1km to town -Distance to Beach : 800 meters to beach

Prices:
Sea View Cottage 46 Sq.m.: 4,900,000 baht.
Sea View apartment, fully furnished including kitchen and appliances.

Rental guarantee conditions:
Special promotion 7% NET (after WHT) rental guarantee (no monthly fee, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid at the end of the year. After 15 years possibility of renegotiating a new rental guarantee period.

Buy Back option:
Option to sell back to the Developer after 5 years at initial price plus 10% profit.

Payment Terms:
200,000 baht reservation deposit
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
25% upon completion of foundations.
20% upon completion of lock-up stage.
15% (minus deposit) upon unit keys handover.

Description