1-Bedroom Condo in Phuket

About the property

Create the future now. The project consists of 215 units. This condo is located just 5 minutes' drive from Phuket International Airport. The project will be a preferred choice for airport staff, business travelers and conference visitors, which makes it an ideal place for a vacation or investment. It is located just a 10-minute walk from Nai Yang Beach, with beautiful scenery and a relaxed pace of life. Location: Nai Yang. Nai Yang is a calm, comfortable beach on the north of the island. It is located within Sirinat National Park. There are restaurants, beach bars, mini markets, tailor shops, car rental outlets, internet cafes and more. Number of buildings: 1. Number of units: 215. Floors: 7. Apartment areas: 20.5–34.65 m². Project area: 2,030 m². Views: Sea, Pool, Garden, Mountains. Developer: VIP THAILAND CO., LTD. Permits: All permit documentation has been obtained. Construction completion date: April 2022. Ownership: Freehold and Leasehold. Yield program: First 2 years, guaranteed income program of 6%. Under the guaranteed income program, the investor receives 6% annual income for the following 2 years, regardless of whether the apartment is rented or not. The developer guarantees a rental yield of 6%. 70/30 rental pool program for 5 years. Under the 70/30 rental pool program, the investor earns profit based on the occupancy of the apartments in the pool through rental. Under this program, profit is shared between the management company and the owner. 70% of profit goes to the apartment owner and 30% is retained by the management company. Payment terms: 1. Reservation fee: 50,000 ฿. 2. Deposit: 30 days after reservation, 20% at contract signing. 3. 1st payment: 30% upon completion of the foundation. 4. 2nd payment: 20% upon completion of the building structure. 5. 3rd payment: 20% upon installation of doors and windows (minus the reservation fee). 6. Final payment: 10% upon receipt of keys and registration. Amenities: professional hotel management, pools, lobby/reception, restaurant, bar, gym, children's pool, children's play area, CCTV, security, parking. Beaches: Nai Yang Beach, Nai Thon Beach, Mai Khao Beach, Banana Beach. 7/11, Family Mart, hospital, Makro shopping center, Tesco Lotus shopping center.

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