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Exclusive apartments in a condominium in the shape of a liner

$147,000
$4,083 /m²
  • Total area
    36 m²
  • Bedrooms
    1
  • Bathrooms
    1
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Advantages

  • Location in one of the most prestigious and developed resort areas of Phuket Island in less than 200 meters walking distance to Bang Tao beach;
  • 30% unit price growth by the end of construction;
  • Payment by installments;
  • Hotel license and transparent rental management program;
  • Guaranteed return on investment from 7% per year for 5 years;
  • Free two weeks stay in hotel per year;

That’s because the project will be managed like a hotel, allowing the future owners to profit from Phuket’s booming tourism business. To make it even more attractive to holidaymakers, Sole Mio will introduce a special anti-ageing program for its guests, featuring a selection of treatments at the project’s in-house esthetic clinic, meditation and yoga sessions, cryosauna and traditional sauna treatments, massages as well as nutritionist consultations and custom-made healthy menus.

Thanks to all this, the developer promises a guaranteed 7% annual return on investment for the first 5 years from the launch date and a 2 weeks free stay per year for the owners. The construction is set to finishing in the first quarter of 2021 by when the price for a m² is expected to increase by 30% from the presale 99,000 THB per m² bargain.

Infrastructure

• parking

• lobby/reception

• bar and restaurant

• health and rejuvenation centre

• gym, meditation and yoga centers

• rooftop swimming pool and sea view sunbathing terrace

Location

Bang Tao beach, North-West of Phuket Island

This new condominium project coming up in Bang Tao has a lot going on for it. Let’s start with the location – just 150m from the beach in a straight line, and a short 300m walk to get there. And the beach itself is quite special too – it’s the section of Bang Tao, Phuket’s second longest stretch of sand, that still preserves an authentic island feel. Lined with small local restaurants and reggae bars, it allows you to enjoy a sunset meal or drink while experiencing the feel of warm sand under your feet.

More properties

If this property wasn’t for you, take a look at other new homes for sale in Thailand.

You can see more new homes for sale in Phuket and new homes for sale in Bang Tao Beach elsewhere on our website.

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    FAQs
    • Can I get a mortgage to buy new home in Thailand?

      Thai banks do not provide mortgage loans to buy new home in Thailand to non-residents. Moreover, foreign nationals can’t get a bank loan for any purpose.

    • How does the procedure of buying new home in Thailand work?

      The procedure of buying new home in Thailand is as follows: after choosing a property, you need to conclude a preliminary agreement with the seller, make an advance payment, and then start checking the compliance of the property (relevant documents and technical condition). After that, all parties sign the contract of sale of new home and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

    • Can a residence permit be obtained by buying new home in Thailand?

      Thailand does not issue residence permits as such, but different types of long-term visas do officially entitle to long-term stays in the country: such as investment, work and retirement visas. To get a long-term visa in Thailand with the possibility of extension when buying a new home, you must spend at least 10 million baht (about $316,000).

    • Can I make income by renting out real estate in Thailand?

      New homes in Thailand is in great demand among tourists and buyers. The season here lasts all year round, so you can earn money by renting out new home.

      There are many projects with guaranteed returns of 7–10%. Management companies provide full property maintenance service. You can also use your new homes as a holiday home for 2–4 weeks a year without losing income.

    • How does Tranio make money if your service is free for the clients?

      We share the Commission which the buyer or seller (depending on the country) pays when buying new home to our partner — the Thai real estate office. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

    • Who guarantees the security of the transaction when buying new home in Thailand?

      The security of the transaction is guaranteed by a notary who draws up the new home sale and purchase agreement and verifies information about previous and current owners of real estate, any outstanding restrictions, mortgages and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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