The condominium will be located in the center of the Patong area. Within walking distance of all necessary entertainment and tourism infrastructure and 800 meters from the famous Patong beach. There are 114 apartments in this complex, with 1 bedroom and 1 bathroom, with a total area of 34 sq. m. and 42 sq. m.
The modern layout, fully furnished, with a separate bedroom and kitchen is already included in the price. It features a rooftop pool, a relaxation area, a fitness center, a restaurant, and 24-hour reception. This project is an investment offer and entry into the guaranteed rental program is mandatory.
Rental guarantee conditions:
- 7% NET Rental Guarantee for 15 years (subject to WHT) will be paid in advance
- No maintenance fee, no utilities, no common area fee, no sinking fund for 15 years
- In a case of full payment before project completion Rental Guarantee 3.5% will be paid within 30 days from the final payment date.
- After unit handover 3.5% RG will be changed to 7%.
- Furniture package included
- After 15 years there is a possibility of renegotiating for a new rental guarantee period
BuyBack Option:
Between 10 and 15 years the Buyer may apply for Buy Back option and receive back all themoney paid.
Payment Terms:
- 200,000 baht reservation deposit
- 40% upon signing the Purchase Contract (within 30 days from Reservation Agreement being signed)
- 20% upon infrastructure completion
- 20% upon foundation completion
- 10% upon building structure completion
- 10% (minus reservation deposit) upon keys handover