Patong Bay Hill

Patong Bay hill is the tropical modern resort nestled in Nanai Hill - the highlight of Patong Bay, well known for the spectacular view of the Andaman Sea, the pearl of the Indian Ocean. The following project has an exclusive location in a private valley, within just 5 minutes from the heart of Patong, surrounded by the natural environment with charming Sea and greenery mountain view.

Patong Bay Hill consists of 13 buildings with 366 units. Newly built apartments were thoughtfully 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.

FEATURES:

• Ownership: Protected leasehold with % NET rental guarantee for 15 years
• Property type: Sea View Residence
• Plot Size : 89,600 m2
• Built-up area : 15,960 m2
• Completion date: 2019
• Layout: Studios, 1 bedroom, and 2 bedroom duplex with living space from 60 to 120 m2
• 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 the town
• Distance to beach: 800 meters to beach

PROMOTIONAL OFFER FOR RENTAL GUARANTEE PROGRAM:

• Sea View apartment, fully furnished including kitchen and appliances.
• Prices start from 4,8 mil. Baht. Contact us for details on sea view and garden view apartments' prices.
• No maintenance fee, sinking fund and utilities to be paid for the whole rental guarantee period. Registration taxes shared 50/50 between Buyer and Seller.

Rental guarantee conditions:

Special promotion % NET rental guarantee (after withholding tax) with no monthly fee, no electricity, no maintenance, no sinking fund to be paid for the first 15 years. The rental guarantee will be paid every year in advance. After 15 years 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 Reservation Agreement.
• 30% upon completion of the lock-up stage.
• 20% (minus deposit) upon unit keys handover.

Owner benefits:

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