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Flats on the first coastline of Phyket

Thailand

Investment Costs

Property price$143,000
Price per m²$4,766.67

Distances & Location

Sea 50 m
Infrastructure 100 m
Airport 7 km

Location

Yield & Management

Rental yield7-10%

About This Property

The object is located on the first coastline in the north of Phuket island. Nearby there is all the essential amenities: supermarkets, restaurants, cafes, as well as beaches. A large resort complex is located on a plot of 96 thousand square meters. m. in a quiet location near Sirinath National Park. It is a wellness hotel concept with health, beauty and medical services. Part of the development will be occupied by a representative office of the Bangkok International Hospital.
Available for purchase are 1-bedroom apartments in 2 blocks of the development with views of the ocean, mountains, garden and surrounding landscape. This property can be lived in or rented out. The yield is as follows: 1) return of 5% per annum for the construction period with 100% prepayment (10% is returned to the investor), 2) 5 years after completion – guaranteed return of 7% per annum, 3) next 5 years – projected return – more than 8% per annum . Management will be handled by an international operator.
Advantages of the development: fully furnished
flexible terms for installments
high guaranteed rental income
possibility of both living and renting

Real estate

Object typeResidential complex,Apartments
Object categoryNew
Object stageDesign
PermitsYes
Completion date1 phase - June 2023, 2 phase - April 2025

Characteristics

Total area30 m²
Number of storeys4
ParkingNo
RenovationStandard
FurnitureFurnished
ViewMountain, Ocean, Pool, Garden, Road

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