Description

The Tropical Modern resort nestled in Nanai Hill is a highlight of Patong Bay, well known for the spectacular view of the Andaman Sea, pearl of the Indian Ocean. Strategically located in a private valley 5 minutes from the heart of Patong, being within the natural environment with a charming Sea view and greenery mountain view.

The Resort consists of 13 buildings with 366 units, these newly built apartments were cleverly designed and finished to the highest standards. This residence offers to the investors the opportunity to own property in Phuket’s most prized parcel of Real Estate with privileged access to world-class facilities.

Enjoy an intimate experience being witnessed every day of Phuket’s famous sunsets.

Features:

Ownership: Protected Leasehold with 7% NET guarantee yield for 15 years
Property Type: Sea View Residence
Plot Size: 89,600 m2
Built up area: 15,960 m2
Completion date: Buildings A, B, C, N, S – ready to move-in;
Building O – Dec.2020
Layout: 60 to 120 m2 with studio, 1 bedroom, and 2 bedroom duplex
Style: Modern/Contemporary
Kitchen: Open plan kitchen
Living Room: Open plan living and dining area
Swimming Pool: Common swimming pools
Balcony: Pool access and private
Garden: Landscape Garden -View: Sea/Mountain
Distance to Town: 1km to town
Distance to Beach: 800 meters to the beach

Rental guarantee conditions:

Special promotion 7% NET (after WHT) rental guarantee (no monthly fee, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid every year in advance. After 15 years the possibility of renegotiating a new rental guarantee period.

Payment Terms:

200,000 baht reservation deposit
50% upon signing the Purchase Contract within 30 days from the signature of the Reservation Agreement.
30% upon completion of the lock-up stage.
20% (minus deposit) upon unit keys handover.

Owner benefits:

– 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. The Owner can also obtain the Unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee.
– A free daily shuttle service to the beach is included. Discount on tours bookings and Residence Restaurant and Spa prices will be offered.