Patong Bay Hill

Phuket

Location

Phuket

Contact the Agent

Denis Babushkin

+666-1817-3300

 

Description

Patong Bay Hill consists of 13 buildings, almost the whole complex is already built, and the apartments are carefully designed and brought to the highest standards. Located in a private valley, just 5 minutes from the center of Patong, in a natural environment with a charming Sea view sea and greenery mountain view. One of the most interesting offers for investors in Phuket!
There are 1 bedroom and studio apartments ranging from 60 to 99 sq.m.

Pricelist:

60 sq.m. - starts from 4 600 000 THB
89 sq.m. - starts from 5 900 000 THB
99 sq.m. - starts from 6 990 000 THB

Standard payment Terms:

200,000 baht reservation deposit

55% at contract signature within 30 days from signing the reservation agreement

25% upon completion of lock-up stage

20% (minus deposit) upon unit keys handover

Rental guarantee conditions:

• 7% NET (subject to WHT) rental guarantee for 15 years.

• No monthly fee, no utilities, no common area fee, no sinking fund for 15 years.

• The rental guarantee will be paid every year in advance within 30 days after the full payment.

• Furniture package included.

• After 15 years there is a possibility of renegotiating for a new rental guarantee period.

Owner benefits:

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.

Offers from developer

100

Area:

Phuket

Development status:

Under construction

Distance to sea:

1800 м

Start of construction:

March 2016

Project completion:

June 2018