This is the resort style residence management as hotel which is good for all investors who are looking for the best price with good option for rental yield.
The residence is located in the nice area and easy to access all amenities of Patong, Just minutes drive to the center of Junceylon Mall and entertainment nightlife of Bangla street. 10 minutes drive to Karon Beach, Kamala and Phuket Town.
– Roof deck,
– Gym, restaurant,
– Reception 24 hour,
– 24 hour security
– Swimming pool
***Best For Investment***
One Bedroom (VIP) Start 2,650,000 THB (30 SQM)
(All Fully Furnished)
1. Full usage option 365 days/year
– Maintenance fee 60 THB SQM/Month
– Utilities (Electricity/water usage)
– Reception service and cleaning (Once a week) 1,500 THB/month
– 1,000 THB/SQM for sinking fund. (One time payment)
***Annual income is split 70% for the owner and 30% for the management company (if you not usage and want to renting out).
2. Rental Guarantee conditions
Special promotion 7% NET (after WHT)
Rental guarantee for 15 years
-No monthly fee
-No sinking fund to be paid,
-No reception and cleaning service fee
(NO FEES TO BE PAID FOR THE ENTIRE 15 YEAR RENTAL GUARANTEE PERIOD)
The rental guarantee will be paid every year in advance.
After 15 years possibility of renegotiating a new rental guarantee period.
– Possibility for the Owner to use the apartment 4 weeks in low season, or 2 weeks in high season and 2 weeks in low season
(Free from the costs of electricity, water and monthly fee)
Updated on October 9, 2019 at 11:41 am