Patong Bay Ocean View Cottages offer an opportunity to own a modern cottage in a popular part of Phuket that ensures a guaranteed return on investment. With a lovely location in the Patong Hills, Patong Bay Ocean View Cottages feature 300 one bedroom cottages all within close proximity to the exciting holiday destination of Patong Beach.
Rental Guarantee condition: Special promotion 7% NET (subject to WHT) rental guarantee
(NO monthly fee, NO electricity, NO maintenance, NO 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 and hand over.
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.
Lawyer’s fee : 10,000THB
- Possibility for the Owner to use the cottage 4 weeks in low season or 2 weeks in high season and 2
weeks in 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.
Price starting from 4.900.000 thb