A Collection of 56 apartments distributed over 5 floors. See the Floor plans provided to help you best select your choice.
Located on the north side, in the heart of Patong, the building is just a few minutes walk from the beach and all facilities, including Shopping Malls as well as nightlife. This beautiful complex is situated just 15 15-minute walk from the beach, the Shopping Center Jungceylon, and the famous nightlife site Bangla Road.
This offers you the chance to live within the beauty of Patong Beach in an excellent location, combining a relaxing restful atmosphere with the best onsite amenities such as a large swimming pool, restaurant, bar, spa, gym, and local shops.
Rental pool conditions: 70/30 NET Profit share for 15 years.
Investors who take advantage of the new 70/30 Rental pool investment can expect an approximate return of around 6-7% if we base the figures on the lowest price per room and at 70% occupancy.
( The below figures are approximate and to be used as a guide, full breakdowns for each unit will be provided)
The average studio room price is 4,000,000 THB
1900 THB per night for studio
70% occupancy = 255 days
NET Income = 484,500 THB
Net income minus expenses of 25% = 363,376 THB
30% to the Hotel = 109,012 THB
70% to the owner = 254,363 THB = approx. 6.3% ROI based on the smallest room and lowest price and 70% occupancy.
Standard payment Terms:
200,000-baht reservation deposit + 20,000 THB lawyer fee
100% (minus deposit) at contract signature within 30 days from signing the reservation agreement (first
70/30 payment will be paid at the end of the year)
Features
Available
1 bedroom
30 m²
2016
5 floors
Ready to move in
Chanote
Leasehold
1 storey
On 2 floor
Included in the price
Land
- Phoneline
- Road
- Electricity
- Water
- Sewage
House
- Living Room
- Kitchen
- Dining Room
- Terrace
- Garden
- Car Park
- Near Beach
- Elevator
Estate
- Security
- Restaurant
- Gym
- Community Pool
- Management