1 Bedroom Condo for sale in Patong, Phuket

Registration taxes shared 50%-50% between Buyer and Seller
Lawyer’s fee: 10,000THB
Rental guarantee conditions: Special promotion 7% NET (subject to WHT) rental guarantee
(no monthly fees, no electricity, no maintenance, no sinking fund...) for the first 15 years.
The rental guarantee will be paid every year in advance.
Buy Back Option: after 10 years from the closing date the buyer may apply for the buyback option and
receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.
Payment Terms:
200,000 baht reservation deposit
35% upon signing the Purchase Contract within 30 days from Reservation Agreement
10% upon 90 days from previous installment
15% upon completion of infrastructure
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover
Owner benefits:
- Possibility for the Owner to use the unit 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.
- Owner can get VIP member card and enjoy discount in Paradise Beach.