Patong Bay Residence

฿1,950,000

Highlights

  • Ownership
    Protected Leasehold with % NET guarantee yield for 15 years/ Full usage
  • Property Type
    City Residence
  • Completion date
    Fully Complete
  • Style
    Self Contained Suites
  • View
    Sea/Mountain
  • Living Room
    Open plan living and dining area
  • Beach Distance
    850 meters
  • Distance to Town Centre
    1.5 Km

Description

Patong Bay Residence is a Collection of 56 apartments distributed over 5 floors. See the Floor plans provided to help you best select your choice.

Located on the north side, in the heart of Patong, the building is just a few minutes walk from the beach and all facilities including Shopping Malls as well as nightlife.

Explore our gallery and take a look at the different types of layouts available for all apartments and details for this area. Patong Bay Residence is a prestigious and charming collection of apartments and residences. This beautiful complex is situated in the north side of Patong just 15 minutes walk from the beach, the Shopping Center Jungceylon and the famous night life site Bangla Road.

Patong Bay Residence offers you the chance to live within the beauty of Patong beach in an excellent location, combining a relaxing restful atmosphere with the best onsite amenities such as large swimming pool, restaurant, bar, spa, gym and local shops.

Choosing an apartment in Patong Bay Residence will give you a unique opportunity to achieve your dream of owning a property in the very heart of Patong while providing you with the benefit of a solid investment and the comforts attached. Fully furnished apartments are available from THB 1,950,000 with the option to receive a guaranteed 7% return for up to 30 years. Contact one of our sales professionals for further information.

PROMOTIONAL OFFER
Phase #1 Floor 2 and 3

Prices: Starting from 1,950,000 THB + Option to upgrade to VIP Pack for 350,000 THB

Standard Apartment (2nd and 3rd floor)
– Full bathroom renovation included ( new tiles (floor/walls), rain shower, vanity, fixtures and fittings, fitting of pipes and drains for kitchen.
– Option to upgrade to VIP layout and furniture pack

1.Full usage option 365 days/year:
– Maintenance fee 60 THB sqm/month -Utilities (electricity/water usage)
– Reception service and cleaning (once a week) 1,500 THB/month
– 1,000 THB/sqm for Sinking fund. (one time payment)

2.Rental program option:
– Annual income is split 70% for the owner and 30% for the management company.
– Maintenance fee 60 THB sqm/month
– Utilities (electricity/water usage)
– Reception service and cleaning (once a week) 1,500 THB/month
– 1,000 THB/sqm for Sinking fund. (one time payment)

Phase #1 Floor 4 and 5

Prices: Starting from 2,450,000 THB

V.I.P. Investment apartment (4th and 5th floor)
– Brand new VIP upgrade (full apartment renovation)
– Luxury furniture package and appliances.
– Rental guarantee program

RENTAL GUARANTEE CONDITIONS:
– Special promotion % NET rental guarantee for 15 years.
– NO maintenance fee, NO management fee, NO utilities fee (common areas/unit)
– NO sinking fund to be paid, NO reception and cleaning service fee.
– NO FEE’S TO BE PAID FOR THE ENTIRE 15 YEAR RENTAL GUARANTEE PERIOD.
– Land Department Registration taxes shared 50%-50% between Buyer and Seller.
– The rental guarantee will be paid every year in advance.
– After the 15 year rental guarantee the option of renegotiating a new rental guarantee period, to live in or to rent out the property on the open market by agency or privately.

Owner benefits:
– The Owner is entitled to use the apartment for 4 weeks in LOW season OR 2 weeks in HIGH season and 2 weeks in LOW season (with no cost)
– The Owner can also obtain the Unit usage rights during the PEAK Season for 50% of the actual rack rate.

DEVELOPER FINANCING:
50% of the purchase price can be financed over 5 years.

PAYMENT TERMS:
200,000 baht reservation deposit
50% upon signing the Contract Package within 30 days from the signature of the Reservation Agreement.
50% (minus deposit) upon unit keys handover (within 3 months from signing the contract).

 

Video Tour

Location

Share This Property

Share

Sub Properties

8,378 total views, 1,893 views today