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Apartments for Sale with 6% Rental Guarantee for 15 years

  • Phuket
  • 11 Aug 2019 : 12:05 pm
  • ID: 364686
  • Property Type: Condo / Apartment
  • Number of Bedrooms: 1
  • Number of Bahtrooms: 1
  • Furnished: Fully Furnished
  • Property Size: 45 Sqm
  • Land Size: 45 Sqm

Ad Description

Registration taxes shared 50%-50% between Buyer and Seller Lawyer’s fee: 10,000THB

Rental guarantee conditions: Special promotion 6% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund...) for the first 15 years. The rental guarantee will be paid every year in advance.

Buy Back Option: after 10 years from the closing date the buyer may apply for the buyback option and receive back all the money paid. After 15 years possibility of renegotiating a new rental guarantee period.

Payment Terms: 200,000 baht reservation deposit 35% upon signing the Purchase Contract within 30 days from Reservation Agreement

10% upon 90 days from previous installment 15% upon completion of infrastructure 15% upon building foundation completion 15% upon building structure completion 10% (minus deposit) upon keys 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.

- Owner can get VIP member card and enjoy discount in our restaurants and bars.
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