1-Bedroom Condo in Phuket

About the property

Create the future now. Practical studios within walking distance of Nai Yang Beach. The project consists of 215 units. This condo is located just a 5-minute 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, within Sirinat National Park. Here you will find restaurants, beach bars, mini markets, tailor shops, car rental outlets, internet cafes and more. Number of buildings: 1. Number of units: 215. Floors: 7. Unit 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 obtained. Completion date: April 2022. Ownership: freehold and leasehold. Yield programs: 1. 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 unit is rented or not. The developer guarantees a rental yield of 6%. 2. 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 units in the pool through rental. Under this program, profit is shared between the management company and the owner: 70% of the profit goes to the unit owner and 30% is retained by the management company. Payment terms: 1. Reservation fee: 50,000 THB. 2. Deposit: 20% within 30 days after reservation, upon signing the contract. 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 receiving the keys and registration. Amenities: professional hotel management, pools, lobby/reception, restaurant, bar, gym, children's pool, children's area, CCTV, security, parking. Nearby: 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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