Patong Bay Ocean View Cottages

4.36 (6 Reviews)

Patong, Kathu,Phuket

Unit ID: U122463
7% GUAR. RETURN FOR 15 YEARS
฿10,900,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
41 SqM Indoor Area
Stairs
1 Storeys
Construction
Nov 2022 Off Plan

1 Bedroom Villa for sale at Patong Bay Ocean View Cottages

This property is a 41 SqM villa with 1 bedroom and 1 bathroom that is available for sale. It is part of the Patong Bay Ocean View Cottages project in Patong, Phuket and it is scheduled for completion in Nov 2022. You can buy this villa for a base price of ฿10,900,000 (฿265,854/SqM).

Features

JacuzziJacuzzi BalconyBalcony

Basic Information

Property Type Villa
Storeys 1
Location Patong, Kathu, Phuket
Bedroom 1
Nearest Landmark Bangla Road -2.1 Km
Indoor Area 41 SqM
Price per SqM ฿265,854
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 70 SqM
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

Leasehold
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Leasehold
Land Title Deed N/A
Construction Off Plan (Nov 2022)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Sea View, Pool View
Unit Type 1BR VL
Parking Spots N/A
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Developer
Date Listed Nov 5, 2018
Last Updated 1 year ago
Unit ID U122463

Investment Opportunity: Charges & Yield

Sale Price
฿10,900,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
15
Guaranteed Rental Return
7%
Guarantee Duration
15 Years

Project Details

Construction: Off Plan (Nov 2022)
Units: 200
Project Area: N/A
Nearest Landmark Bangla Road - 2.1 Km
Location: Patong, Kathu, Phuket
Patong Bay Ocean View Cottages Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Patong Bay Ocean View Cottages

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
% construction completion
10%
5th Installment
On handover
10%

Frequently asked questions

Patong Bay Ocean View Cottages offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 15 Years.
Read more here.
Bangla Road is the nearest Tourist Attraction from Patong Bay Ocean View Cottages and it is 2.1 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Patong Bay Ocean View Cottages you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
% construction completion
10%
5th Installment
On handover
10%

Read more here

 

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

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Reviews

4.4 out of 5 4.36
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A popular villa amid nature in Patong
4 Adrian P., Spain, 11 months ago
The villa is under construction, but the design is beautiful and gives a modern tropical scent. It made me very interested in this villa. Apart from the beautiful design, the management system is also good, and the project paid attention to design to meet the needs of those who love peace, privacy, and luxury. It can be seen from the showrooms as they are beautiful, including a full range of in-villa facilities such as a private pool, clubhouses, cafes, on-site restaurants, and spas. Patong Beach is, therefore, a very comfortable area.
Can't wait to stay here
4.5 Dan K., Australia, 11 months ago
I decided to buy as I trust the developer of the project. I always follow up on the news thought the website and found many remarkable projects such as Naka Sea View Condo, Patong Bay Hills, and many more. Those projects have their uniqueness for various residents' preferences. Personally, this project attracts me by its location on the hills. It will give me tranquility and privacy, which I need, yet I can enjoy the wonderful scenery of Patong beach. Plus, it's not far from famous attractions such as Patong beach, Bang La Road, and Kamala beach, so that I can roam around by car. The room is beautifully designed in elegant style. I love it so much. Shame that there are only 1-bedroom units so it won't be suitable for living as a family. The project comes with a full range of facilities, including a swimming pool, a gym, a spa, and restaurants and cafes in the project. Great that you can have it all here, not disappointed at all to choose this property.
Unique design on the hills
4.2 Marciano brewster, Netherlands, Visitor, 1 year ago
A very unique design an cozy unit, a true oasis on top of the hill. What makes this project stand out is the location and natural surroundings.
The project is worth investing in and will be completed in 2 years.
4.5 Dan K., Australia, 1 year ago
I had long planned to invest in Patong's real estate because it is worth the investment. I also have read through the project here for a while. I think both the rewards and benefits are worth it. This neighborhood is close to department stores, restaurants, and even you can enjoy the nightlife to the fullest. The project will be completed soon. I can't wait !! The project is reliable and worth investing in !!
Paronamic seaview villa
5 Tamm Lee, China, 1 year ago
This place will definitely be an amazing place to stay in the future. It is located in the Patong area. From the room, you can see a panoramic sea view, which is incredible. The villa is 1-bedroom size with a small pool in front of the room, decorated with good materials and a high ceiling. The room is open and spacious. The atmosphere is calm and surrounded by forest, suitable for couples. There is a common area, including a swimming pool, fitness center, spa, and restaurant within the project. Plus the location is great because it is in Patong, 5 minutes to Patong Center, surrounded by shops and restaurants.
New project, location suitable for relaxation
4 Silva Partee, Mexico, 1 year ago
It is a new interesting project located on a hill, overlooking the sea view and surrounded by natural forest. It's a good choice for us because I love the privacy and tranquility. This place meets my needs better than other places. The room size as I see the showroom is 1 bedroom, 1 bathroom and fully furnished. Moreover, there is a swimming pool, spa, clubhouse, and private parking spaces. I am okay and like this project and have booked 1 unit.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

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