For Sale

Sea View Cottage for Sale RENTAL GUARANTEE Naka Bay Phuket

Property ID: Siam-APT099

Selling Price: 6,900,000THB

SEA VIEW COTTAGE FOR SALE RENTAL GUARANTEE NAKA BAY PHUKET
This latest development, Naka Bay Sea View Cottages offers affordable and attractive ownership opportunities in the tropical destination of Phuket, Thailand. Boasting an innovative design that features simple elegance, with stunning sea views of Naka Bay. The project consists of self-contained ‘cottages’ which are all located on the slopes of the hillside, ensuring that each unit offers owners and guests incredibly clear sea views. Designed in a unique, curved style, these cottages are all one bedroom and one bathroom units containing 42 sqm of internal space plus a large 18 sqm terrace area, each containing a private jacuzzi so that owners and guests can bathe while they watch a sunset over the ocean.  All of the cottages are supplied on a full turnkey basis – right down to soft furnishings and cutlery – and all fixtures and fittings are of the highest quality to ensure that they are in keeping with the five-star nature of the resort. The facilities on offer to guests at Naka Bay Sea View include a fully functional clubhouse, a state-of-the-art fitness center, a refreshing common area swimming pool, a dedicated wellness center and spa as well as a convenient restaurant serving both Thai & Western cuisine. Naka Sea View Condominium boasts all of the conveniences of home on a tropical island in a lush location in Phuket, Thailand.  A free shuttle service is offered from the resort to Patong so that guests can experience the ‘bright lights, big city’ of Phuket. With Naka Bay Sea View due to operating as a five-star hotel, it will be especially interesting to investors looking for a rental return rather than for use as a permanent residence.  For investors, the project offers a Guarantee Rental Return of 7% annually for a period of 15 years.  And this return is Net – investors here do not need to pay Sinking Fund payments or annual maintenance fees, unlike the majority of projects offering Rental Guarantee. The developer also offers a Guarantee Buyback Scheme after ten years.

PRE‐LAUNCH PROMOTIONAL PRICE until 30th of September 2017 Including Furniture + Rental Guarantee
Size Unit: 60 Sqm
Promotion: start from 6,900,000THB

RENTAL GUARANTEE CONDITIONS
Special promotion 7% NET (subject to WHT) rental guarantee (NO monthly feeNO electricity, NO maintenanceNO sinking fund…) for the first 15 years
The first rental guarantee will be paid by the Seller to the Purchaser after one year from the final payment
Buy Back Option: available after 10 years at the original price
After 15 years possibility of renegotiating a new rental guarantee period

Registration taxes shared 50%‐50% between Buyer and Seller.

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
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover

OWNER BENEFITS
Possibility for the Owner to use the cottage 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.
Free daily shuttle service to the beach is included. Discount on tours bookings and Residence Restaurant and Spa prices will be offered.

Features:

  •     Air conditioned
  •     Balcony
  •     Cable Tv
  •     Club house
  •     Concierge
  •     Fitness
  •     Flat screen Tv
  •     Free parking
  •     Fully furnished
  •     Internet Wi-Fi
  •     Jacuzzi
  •     Kitchen
  •     Mountain view
  •     Near beach
  •     Oceanfront
  •     Rental guarantee program
  •     Sea view