The Bay and Beach Club is the new benchmark in entertainment and luxury living in the heart of Patong on the Andaman coast, a truly remarkable resort and private residence, the ultimate Phuket destination. These exquisite one and two bedroom Apartments are set on Patong Beach, making it a totally unique project.
A sophisticate resort on one of the world’s most happening beaches. Perfection without compromise, every element of this highly anticipated resort will be addressed with painstaking attention to detail.
Rental Guarantee condition:
Protected Leasehold 30 years from Developer. No registration. Completion date on contract: December 2018.
Rental guarantee pre-tax conditions:
7% NET (subject to WHT) rental guarantee for 15 years.
(no maintenance fees, no electricity, no water, no sinking fund…) for 15 years.
The rental guarantee is paid every year in advance.
First rental guarantee payment is made within 30 days as soon as the unit is fully paid.
VIP owner card with free daily shuttle and advantages in the group plus activities.
4 weeks usage allowance per year any time including PEAK SEASON.
Buy Back Option:
Buy back from the Developer optional after 15 years at initial price + 10 %.
After 15 years negotiation with Developer for a new Rental Guarantee Program.
200,000 baht reservation Deposit
50% upon signing the Purchase Contract, within 30 days from the signature of Reservation Agreement.
50% (minus deposit), within 3 months.
Buyer can re-sell the unit anytime (change name in the lease contract) during the 15 years and new buyer will continue with the same rental guarantee conditions of the first buyer.