New luxury apartments in Patong for investment with guaranteed rental yield of 7% for 15 years

Purchaser who pays deposit within 28 February 2023 and full payment within 1 month, will receive 7% cash back for the first 2 years. The first 2 years 7% will be paid to purchaser within 30 days from the full payment.


Located on an open 24000 Sqm plot on the heights of Patong, this new project is the most recent extension of a resort created by a leading developer.

Surrounded by tropical vegetation, the project overlooks the entire Patong Bay and is a short walk from central Patong.

This new residence consists mainly of 1 bedroom apartments, with panoramic sea views and Garden view offering a living area of ​​45 Sqm.

All apartments offer a modern and refined design, fully furnished and equipped and have a jacuzzi on the balcony.

Full access to all of the site's amenities: outdoor infinity pool, gym, spa, restaurants and cafes, as well as the clubhouse.



Virtual tour in 3D : Patong property investment visit 3D



170% guaranteed return on investment after the first 10 years:

10 years after your purchase, if you wish, you will be eligible for the developer-guaranteed refund option, at the original price you paid, and will be able to recoup 170% of your investment.

And this offer guarantees also an annual rental yield of 7% for up to 15 years.

Return on investment will be paid on an annual basis, starting from the first month after the purchase of the property.

After 15 years the possibility of renegotiating a new rental guarantee period.



Special promotion 7% NET rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years.

(Subject to Withholding Tax in Thailand)

As a bonus, each investor can stay for free in their apartment for 4 weeks per year during the term of the contract.



Main Features:

- Possibility to use the property for free 28 days a year.

- Official registration of the property under a foreign name at the land department of Thailand

- Payments directly to the developer

- Buy back option at the original price after 10 years

- Guaranteed income of 7% per year for 15 years.

- Furniture package included.




Facilities:

24 hour security with guards and video surveillance

Car parkings

Lobby

Restaurant

Swimming pool

Fitness

Wifi

Free shuttle to Patong Beach and shopping malls.


About the developer:

The developer is one of the most established and prominent real estate companies in Phuket.

The company was founded in 1980 and generates over 10 billion THB per year, providing employment opportunities for over 3,000 employees and is the largest real estate development company in southern Thailand.

Besides real estate, the group also invests heavily in hospitality projects across Phuket, including hospitality, entertainment, transportation and yacht cruises.

It has completed 18 successful development projects including luxury cottages, beachfront apartments, beach club, modern hotels and owns some famous nightclubs in Patong.