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Phuket - Serenity Terraces

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Real Estate - Thailand Real Estate

Phuket, the pearl of the Andaman

Exclusive Beachfront Resort & Spa
A modern waterfront residence with great views of the nearby islands
50% developer financing over 5 years and 6% rental guarantee over 3 years!

properties for sale in Phuket


Phase one completed with full completion due for December 2008.

Benefits
  • High-end project featuring spectacular sea and island views
  • Mix of apartments, penthouses and exclusive beachfront lofts
  • Full 5-star facilities including a club house, swimming pool, fitness, spa, bar and restaurant
  • Contemporrary architecture and interior designs
Gallery & Plan
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Seaside living & A solid investment opportunity!
Property and pricing
  • 36 Apartments: 1 and 2 bedrooms
    124 to 190 sqm total living area including terrace
  • 10 Penthouses: 1 and 2 bedrooms
    204 to 322 sqm total living area including terrace
  • 4 Beachfront Duplexes with private pool: 2 bedrooms
    350 to 370 sqm total living area including terrace terrace
  • 4 Beachfront Lofts with private pool: 2 bedrooms
    259 to 378 sqm total living area including terrace terrace
Sqm THB EUR USD
Apartment - 124 sqm 124 8,500,000 177,083 242,857
Penthouse - 204 sqm 204 17,503,185 364,650 500,091
Beachfront Duplex - 350 sqm 350 26,667,900 555,581 761,940
Beachfront Loft - 259 sqm 259 19,292,560 401,928 551,216
Indicative Exchange Rate: 1 EUR = 48 THB / 1 USD = 35 THB. All prices quoted in Thai baht

Further details about the property
  • Waterfront property with private beach
  • Villas fitted with high-end furnishings. Modern interior designs
  • Resort facilities include: Private sailing yacht, swimming pool, spa, fitness center, restaurant, bar and club house
Financial incentives
  • Rental income of 6% guaranteed over the first 3 years
  • 50% developer financing available over 5 years
  • Projected capital appreciation: at least 9% per year over time
  • Professional management company and rental program
    Click here for more information
Location & Surroundings
  • Rawai beach is on the south-east coast of Phuket island, just minutes from Phuket town
  • Ocean-front property with private beach facing Koh Lone island
  • Enjoy part ownership of sailing yacht "Rawai 89" and make your holidays absolutely magic by discovering the wonderful bay of Phang Nga
  • Easy access from Bangkok by plane. 45 minutes drive from Phuket International Airport
    Click here for more information
Payment terms - Additional purchase costs - Ongoing costs - Legal matters
  • Payment terms:
    • Reservation Fee: 100,000 THB (2,083 EUR – 2,857 USD). 3 week deadline to return all legal documents property signed and make the first down payment. Futher stages of payment will be reached as construction progresses.

  • Additional costs:
    • Transfer & Registration Fee: 0.01% based on value of lease for long-term lease units. (Both the seller and the buyer equally share this cost)
    One time Sinking Fund Fee: 475 THB per sqm.

  • Ongoing costs:
    • Monthly Maintenance Fee: 55 THB per sqm approximately. To be paid one year in advance.

  • Legal matters:
    • Condominiums: The Development provides freehold 100% Foreign ownership and leasehold for condominiums. Pursuant to Thai property law, Foreigners may have a freehold ownership over a unit in a condominium. However, condominium units owned by a foreigner shall not exceed 49% of the total space of the condominium project. Other restrictions may apply. A non-Thai owner of a freehold condominium unit may transfer the property to other foreigners. The remaining 51% will be sold to foreigners with a registered 30-year leasehold title, which is allowed by Thai Law in the name of foreigners, renewable for two additional 30-year periods. Thai nationals or majority owned (51%). Thai Companies are allowed to possess freehold ownership on all units.

  • Disclaimer:
    • The information and figures presented above are believed to be accurate but cannot be guaranteed. They are intended for the purpose of projection and analysis and should not be used for the preparation of income tax returns.

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