#225, Patong Bay Ocean View Cottages

Patong Bay Ocean View Cottages are a stylish development of 300 cottages. Elegantly designed, the cottages are fully furnished. Each cottage features a private balcony with a private sea-view swimming pool, sure to be a highlight as the day winds down and owners can relax and enjoy one of the island’s beautiful sunsets. The cottages have a quaint open plan kitchen, open plan living area and open plan dining space. The tropical and modern design is exceptionally alluring and is enhanced by landscaped gardens, sea and mountain views.

Location: Patong Bay Ocean View Cottages is located high in the wooded hills of Patong Beach.
Patong is definitely one of the most popular areas in Phuket. Everyone will find something interesting for themselves: the beach, bars, restaurants of all cuisines of the world, massage, Jungceylon shopping center and much more. Should also mention Bangla Road, which is the center of all Phuket nightlife.

Number of cottage: 300

Layouts and sizes: 1 bedroom 60 and 70 sqm

View: Sea, Pool, Garden, Mountain

Developer: Phuket Holiday Services (PHS) Property

Availability of permits: All permits received

Completion date: 2022

Ownership: Freehold and Leasehold

Rental program:

1. 7% GUARANTEED RENTAL INCOME FOR 15 YEARS

Under the GUARANTEED INCOME program, the investor receives 7% of annual income for the next 15 years, regardless of whether the apartment was rented or not. The developer guarantees profitability from rent 7%.

Buy-back option after 10 or 15 years - developer offers a buy-back option. Owner can return the apartment to the developer and receive the invested money + 10% on top. Also, the owner can sell the apartment at any time on his own.

Terms of payment:

200,000 baht reservation deposit+10.000 THB Lawyer’s fee
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
20% upon completion of infrastructure.
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover
 

Facilities: 

• swimming pool
• lobby/reception
• restaurant
• GYM
• SPA
• Jacuzzi
• CCTV
• 24 Hour Security
• parking
• Internet & Cable TV