About the property
Apartments 1 km from the beach in Thailand, Phuket Island. Off-plan property. Completion: end of 2020. The project suits both personal living and income generation. The residential complex is in the north of the island, 1 km from Mai Khao Beach. The developer offers an interest-free installment plan until construction is completed. The buyer bears the cost of furniture, an annual maintenance fee for the grounds, and a one-time contribution to major renovation. The complex will be operated under hotel management. Income programs: 1) Guaranteed rental income of 7% per year for 3 years. 2) Actual income through a rental pool: the hotel operator shares the total income with the owner on a 60/40 basis in favor of the owner. The hotel operator pays all marketing and management expenses out of its 40%. In the complex: two hotel buildings with 777 apartments, each building with its own 24-hour check-in desk. On the shared grounds: three pools, a pool bar/restaurant, a steakhouse restaurant (French cuisine), a café, shops, a coffee shop, a 24-hour mini-market, a pharmacy, a 24-hour doctor's office, a children's playground, a kindergarten with nanny services, mini golf, 2 tennis courts, a spa salon, a massage salon, a sauna, a gym, a shuttle bus, and 24/7 security. The complex is in a scenic location next to Sirinat National Park and within walking distance of Mai Khao Beach. In the complex: studios 20 m² – 30 m²: from USD 71,389 (EUR 62,872); 1-bedroom apartments 36 m²: from USD 122,126 (EUR 107,556); 2-bedroom apartments 60 m²: from USD 143,116 (EUR 126,042). Not included in the price: furniture package. Included in the price: finishing, bathroom fixtures, built-in wardrobes, fitted kitchen, air conditioning.
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