For Sale

Stunning Seaview Residence Apartment for Sale Rental Guarantee Patong

Property ID: Siam-APT154

Selling Price: 4,950,000 THB

Stunning Seaview Residence Apartment for Sale Rental Guarantee Patong located on a stunning sea view land on the outskirts of Patong Bay.

The Residence is Surrounded by tropical vegetation, overseen the whole Patong Bay and is walking distance to majors department stores and markets.

The Seaview Residence is essentially one bedroom apartment units sizes over 45 square meters. Modern design, the apartments are luxurious yet cozy. Fully furnished, the units open up to sweeping views across Patong Bay. If quaint luxury is what you are after, the Seaview Residence is sure to deliver. 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 Stunning Seaview Residence Apartment for Sale Rental Guarantee Patong.

Upon completion in 2022, ownership benefits of the Stunning Seaview Residence Apartment for Sale Rental Guarantee Patong include the use of all of the facilities of the Seaview Residence including common area swimming pool, gym, spa, restaurants, and cafes as well as the clubhouse.

The grounds of the Stunning Seaview Residence Apartment for Sale Rental Guarantee Patong are calm and peaceful; a hidden oasis yet still very close to the hustle and bustle of Patong Bay and it’s popular nightlife options.

Ownership: Protected Leasehold with 7% NET guarantee yield for 15 years.
Property Type: Sea View Apartment
Plot Size : 24,000 sqm
Units number: 454
Completion date: 2022
Layout: 45 sqm, 1 bedroom
Style : Tropical/Modern
Swimming Pool: Private sea-view balcony pools
Garden: Landscape Garden
View: Sea/Mountain
Distance from the beach: 1,500mt

Rental guarantee conditions: Special promotion 7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid every year in advance.
Buy Back Option: after 10 years from the closing date the buyer may apply for the buyback option and receive back all the money paid
After 15 years possibility of renegotiating a new rental guarantee period

Payment Terms
200,000 baht reservation deposit
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
20% upon completion of infrastructure.
20% upon building foundation completion
10% upon building structure completion
10% (minus deposit) upon keys handover

Owner benefits for the Stunning Seaview Residence Apartment for Sale Rental Guarantee Patong
Possibility for the Owner to use the unit 4 weeks in low season or 2 weeks in the high season and 2 weeks in the low season, free from the costs of electricity, water, and monthly fee
The Owner can also obtain the Unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee

Registration taxes shared 50%-50% between Buyer and Seller
Lawyer’s fee: 10,000THB

Features:

  •     Air conditioned
  •     Balcony
  •     City view
  •     Club house
  •     Fitness
  •     Flat screen Tv
  •     Fully furnished
  •     Furniture include in the price
  •     Internet Wi-Fi
  •     Kitchen
  •     Lift
  •     Parking
  •     Private pool
  •     Rental guarantee program