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    1 Bedroom Villa for sale at Patong Bay Ocean View Cottages
    Patong, Kathu,Phuket
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    Sale Price
    ฿4,900,000 ฿5,200,000
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    1 Bedroom Villa for sale at Patong Bay Ocean View Cottages
    (6 Reviews)
    Unit ID: U1169550
    7% GUAR. RETURN FOR 15 YEARS
    Patong, Kathu,Phuket
    ฿4,900,000 ฿5,200,000
    1 Bedroom
    1
    Bathroom
    41 SqM
    Indoor Area
    1
    Storeys
    Nov 2022
    Completed
    12
    Sale Price
    ฿4,900,000
    ฿5,200,000

    About This Villa

    This property is a 41 SqM villa with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Nov 2022. You can buy this villa for a base price of ฿4,900,000 (฿119,512/SqM).

    Features

    JacuzziJacuzzi TerraceTerrace BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 9, 2022
    Updated 2 days ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Patong, Phuket
    Bedroom 1
    Nearest Landmark Bangla Road -2.1 Km
    Indoor Area 41 SqM
    Price per SqM ฿119,512
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    19 SqM
    Plot Size 60 SqM
    Pets Not Allowed
    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 Completed (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, Mountain View, City View
    Unit Type N/A
    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
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1169550

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,900,000
    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

    Project Name: Patong Bay Ocean View Cottages
    Developer: Patong Bay Ocean View Cottages
    Construction: Completed (Nov 2022)
    Units: 200
    Project Area: 3,308 SqM
    Nearest Landmark Bangla Road - 2.1 Km
    Location: Patong, 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

    • All
    • 1 Bed
    Get notified when new homes are being added to Patong Bay Ocean View Cottages
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at Patong Bay Ocean View Cottages unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    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

    After you have found the right property at Patong Bay Ocean View Cottages 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
    ฿200,000
    1st Installment
    Upon contract signing
    40%
    2nd Installment
    Upon completion of infrastructure
    20%
    3rd Installment
    Upon building foundation completion
    20%
    4th Installment
    On completion
    10%
    5th Installment
    On handover
    10%


    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.

    • - 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.

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

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

    Read more 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
    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
    Adrian P., Spain, 3 years 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
    Dan K., Australia, 3 years 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
    Marciano brewster, Netherlands, Visitor, 4 years 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.
    Dan K., Australia, 4 years 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
    Tamm Lee, China, 4 years 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
    Silva Partee, Mexico, 4 years 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

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