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  • THB2,900,000
  • 1 bedrooms
The Tropical Modern Luxury Resort nestled on Hasib-pee Hill, the highlight of Patong. Presenting
panoramic view, the pearl of Andaman sea from the hotel side. Together with the concept of modern style
mixed with finest furnished contemporary hotel catering, exclusive accommodation surrounded by green
landscape and natural gardens. The Resort is the perfect hideaway destination, for the comfort and
relaxation after a long journey. Five-star services, extremely private with natural landscape and perfect
ambiences in Patong, Phuket.

Lease right: 90 years leasehold.
Registration taxes shared 50%-50% between Seller and Buyer.

Rental guarantee conditions: 7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity,
no maintenance, no sinking fund…) for the first 15 years. After 15 years possibility of renegotiating a new
rental guarantee period.
Note: In case client pays in full during construction he will get 3.5% within 30 days from final payment
and then 7% for 15 years after hand over date.

Buy back option: available from year 5th to year 9th at the original price.
Buy back option: available at year 10th at the original price + 10% interest.
Buy back option: from year 11th onwards at the original price.
Buyback year will be counted from Hand over date.

Payment Terms: COMPLETION DATE DECEMBER 2021
200,000 baht reservation deposit +10 000 THB lawyer fee
40% upon signing the Contract within 30 days from the date of Reservation Agreement.
20% upon completion of infrastructure.
20% upon building foundation completion
10% upon building structure completion
10% (minus deposit) upon 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.
Free daily shuttle service to the beach is included. Discount on tours bookings and Residence Restaurant
and Spa prices will be offered.
The Tropical Modern Luxury Resort nestled on Hasib-pee Hill, the highlight of Patong. Presenting
panoramic view, the pearl of Andaman sea from the hotel side. Together with the concept of modern style
mixed with finest furnished contemporary hotel catering, exclusive accommodation surrounded by green
landscape and natural gardens. The Reso...

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