Patong Bay Residence 3

4.44 (3 Reviews)

Patong, Kathu, Phuket

7% GUARANTEED RETURN FOR 15 YEARS
For Sale 10 Units ฿2,740,000
Construction
Nov 2023 Off Plan
Floors
8 Floors
Units
114 Units

Patong Bay Residence 3 in Patong, Phuket

Patong Bay Residence 3 is a condo and apartment project located in Patong, Phuket and it is scheduled for completion in Nov 2023. It has 114 units across 8 floors and was developed by Phuket Holiday Services (PHS) Property, who is also behind Kamala Bay Ocean View Cottages, Patong Bay Sea View Residence and Patong Bay Ocean View Cottages.

About Patong Bay Residence 3

Welcome to "Patong Bay Residence 3" the condominium project that will match all your dreams and worth the investment in every square inch. The project provides an extensive range of facilities, whether a sky pool, a fitness center, and a viewpoint lounge deck, allowing you to see the stunning sea view endlessly. Besides, the project is located in a location known as a famous destination for tourists around the world for you to enjoy the nightlife in Bangla Road and experience the sunset atmosphere from Patong Beach happily.

Investment Benefits
- 7% guarantee rental return for 15 years
- Receive new lease negotiation conditions after 15 years
- You will not have to pay monthly fees, electricity costs, maintenance, and sinking funds.
- The owners can possibly stay at the unit for 4 weeks: 2 weeks in low-season and 2 weeks in high-season. Free electricity, water, and monthly costs.
- Access to all facilities of Patong Bay Residence
- Free shuttle bus service to the beach and discounts on accommodation, spa, and restaurant in The Patong Bay Residence

Project Information
Patong Bay Residence 3 is an 8-story low-rise condominium consisting of a single building and 114 residential units affiliated with Phuket Holiday Services (PHS). The project is expected to be completed in 2023, and it is located at Phrabaramee Road, Patong, Kathu, Phuket.

Room Types and Details
The project offers a 1-bedroom with a unit area of approximately 34 sq.m.

Project Facilities
- Lobby
- Reception Hall
- Fitness Center
- Gardens around the project
- Sky Pool
- Pool Bar
- On-site Restaurants
- Car Parking
- Passenger Elevators
- CCTV
- 24 hours of Security System
- Shuttle Bus to the Beach

Direction to the Project
To get to the project by car, you can start from Kathu, heading onto Patong Hill (Phrabaramee Road), and go straight along the path for about 2 kilometers to enter Patong's district. Turn right at the Wat Suwan Khiri Wong junction, and go straight for about 700 meters. You will see the Patong Bay Residence 3 entrance located on the left-hand side.

Available Units at Patong Bay Residence 3

Get notified when new homes are being added to Patong Bay Residence 3
Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Patong Bay Residence 3?

Find out how much your property is worth and start your listing for free.

Facilities

Leisure
Leisure
Communal Pool Communal Pool
Fitness
Fitness
Communal Gym Communal Gym
Convenience
Convenience
Car Parking Car Parking
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿210,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon infrastructure completion
20%
3rd Installment
Upon foundation completion
20%
4th Installment
% construction completion
10%
5th Installment
On handover
10%

About the Developer - Phuket Holiday Services (PHS) Property

All Phuket Holiday Services (PHS) Property Projects
11 Projects 3,469 Units

We sell what we build! At Phuket Holiday Services you’re dealing directly with the developer. Our Phuket Island projects range from a 30 square meters studio units to 900 square meters independent villa. Purchasing a property with Phuket Holiday Services will be a valuable asset, will be a secure investment and can give you high yearly profit by participating to our Rental Pool Program or our Rental Guarantee Program. Finding and purchasing a home abroad that will meet your needs, now and in the years to come, can be a significant and often stressful time.

At Phuket Holiday Services, our goal is to make this transition as smooth as possible for you thanks to our large and professional team whom will help you to choose the right property, will assist you during the transaction and provide you with five star after-sale services.

Frequently asked questions

Frequently asked questions about Patong Bay Residence 3
Patong Bay Residence 3 offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 15 Years.
Read more here.
Patong Beach is the nearest Beach from Patong Bay Residence 3 and it is 0.9 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

Read more here

After you have found the right property you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
฿210,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon infrastructure completion
20%
3rd Installment
Upon foundation completion
20%
4th Installment
% construction completion
10%
5th Installment
On handover
10%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being here.

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Reviews

4.4 out of 5 4.44
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent!!!
5 Liza R., United States, 5 months ago
I just reserved a room for this project last month at a low price as it's an off-plan project with convincing promotions provided. There is a guarantee of 7% for 15 years as well. More importantly, I do not have to pay for the fund, water, and maintenance fees. Excellent!!! The project has all the facilities. My favorite spot is the rooftop pool, opening to a full view of Patong Beach. The room I reserved is a 1 bedroom unit, comes in a decent size, and not crowded. It is decorated with attractive modern furniture. It takes less than 2 kilometers from Patong Beach.
This condo is suitable for both investment and relaxation !!
4.3 Dave Peper, France, 1 year ago
I've been reading through investments for this project and went to see the affiliate project here. I think it is an okay project and the best location. It is just about 1 kilometer from the beachfront of Patong Beach, which you can walk or take a shuttle bus from the project. In addition, this neighborhood has many restaurants, and most of them are western restaurants. It is convenient for foreigners. There is also available in the hotel part as well with helpful and friendly staff who always help. The surrounding area is clean and safe. I think many investors will book this project, and it will be completed in about 2 years !! This condo is suitable for both investment and relaxation !!
New projects, good locations, worth investing in
4 Ellie Rooker, United States, 1 year ago
It is a new interesting project and worth investing in because the location is good, situated near Patong Beach. I am interested in this project and have already reserved a room for 1 unit to receive future rental returns. In addition, I was able to stay free for up to 4 weeks a year without having to pay extra. I think it would be okay and not waste investing and also get returns.

Phuket

Patong

Neighborhood Overview of Patong, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Patong Bay Residence 3 is conveniently located just 110 m from Family Mart, which can be reached within 1 min. by foot.

There are many other shops situated in the area of Patong Bay Residence 3, the 3 closest being:
- Female car rental is 590 m away (about 8 mins. by foot)
- Baan Sea Patong is 380 m away (about 5 mins. by foot)
- Fincacare is 670 m away (about 9 mins. by foot)

The surrounding area, where Patong Bay Residence 3 is situated, offers a wide variety of restaurants. See the closest of them below:
- Babussalam is 100 m away (a walk of about 1 min.)
- MATEAM BABUSSALAM HALAL FOOD is 100 m away (a walk of about 1 min.)
- You and Me BBQ is 90 m away (a walk of about 1 min.)

Ban Klang Hospital is the nearest health facility, which is 1.0 km away (you can drive there in 2 mins.) from the project, while the closest schools in the proximity of Patong Bay Residence 3 are:
- Nurun Islam Mosque, Patong is 100 m away (about 1 min. by foot)
- Kamala Phuket divers is 150 m away (about 2 mins. by foot)
- Wonder world diving is 150 m away (about 2 mins. by foot)

Phuket International Airport is located 38.2 km from Patong Bay Residence 3 and it takes about 49 mins. by car or taxi (depending on the traffic) to get there.

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