BOUTIQUE 1+1 BEDROOM POOL VILLA in INVESTMENT PROJECT in LAYAN area, Phuket for sale

The selling price start from 10.5 MLN THB! Included Furniture package (THB500,000) and Foreign Freehold (300,000THB).
Total unit area is 117 sqm.
1 + 1 BEDROOM
2 BATHROOMS
LIVING AREA
KITCHEN
PRIVATE SWIMMING POOL
LOUNGE ZONE
COMMON AREA:
PARKING
RESTAURANT
FITNESS and POOL (in the near future).
The project is registered under Condominium and Hotel Licenses.
All transfer and registration fees shall be split equally between buyer and seller.
THB30,000/unit sinking fund to be paid upon ownership handover.
Common area fees (CAM Fees) is THB75 per square meter/month (Subject to increase on inflation in later years).
Price and payment terms listed are effective from the date of this term sheet and are subject to change without notice. 7. All units are 117 sq.m. with 1+1 bedrooms and 2 bathrooms.
INCOME AND EXPENSES AFTER INVESTMENT:
Income: YEAR 1-4 – 6% p.a. of unit price guaranteed return. YEAR 5 ONWARDS – 50% of gross revenue shared among only 28 villas. Own stay to cash on management’s best effort. 5 YEARS Health insurance coverage up to 80,000 USD. The owner can stay 30/60/90 days per year depends on ROI program.
Expense: • CAM fee • Insurance Premium • Withholding Tax (15% for foreigners). Zero operation and repair expenses. Own stay charge: 1500 THB/visit, 500 THB/night.
YEAR 16 - 30 Management contract extension (optional), all conditions are based on 15th year.
Payment plan:
- Reservation deposit 200,000 THB
- Signing contract = 10%
- Foundation Completion = 20%
- Building Structure Completion = 20%
- Infrastructure Completion = 20%
- Unit Completion = 20%
- Ownership transfer = Remaining amount.
Extra payments: - Transfer tax (3.15%) • Sinking fund (30,000 THB) • 1 year cam (76,500 THB) • Water & electric meter (20,000 THB) • Insurance premium (max 15,000 THB/year)
Completed units available for sale - start price from 10.7 mln thb!
Invest in Phuket pool villas with us to enjoy rental return and medical insurance.