THE PROJECT – Paradise Beach Residence
Paradise Beach Residence Phuket, located 2 km southwest of Patong, is an exceptional residence on the island of Phuket. The pristine, compact beach is one of Phuket’s hidden treasures. Chic and modern, the project offers one bedroom residence units of 45 square meters and 60 square meters.
The one bedroom residence units boast a tropical, modern design and feature open plan kitchen, living and dining areas. The square-shaped layout maximizes space. The design is minimalistic with large windows and floor-to-ceiling sliding glass doors to allow natural light to cascade through the apartment and enhance the impressive views. Each apartment has a balcony with a private Jacuzzi and the ground floor apartments offer the ultimate relaxation experience with direct pool access.
The fully furnished units boast impeccably stylish furniture and modern decorations to provide all the necessary comforts in your dream holiday property.
Featured with a variety of convenient on-site amenities and facilities, owners of Paradise Beach Residence Phuket will be able to enjoy parking, pool center, pool bar, conference room, state-of-the-art fitness center, luxury spa and wellness center, Mini Mart, and lobby with 24-hour security, along with restaurants that offer Thai and Western cuisines
Rental guarantee conditions
7% 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.
After 10 years from the closing date the buyer may apply for the buy-back option and receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.
This prime real estate investment, located near Paradise Beach, comes with a 7% NET rental guarantee for the next 15 years. The enviable location is close to Patong, which gets a high share of the rising numbers of tourists to Phuket annually. Phuket tourism revenue grew 6% to over B272 billion in 2019 alone, while the Phuket International Airport had a 10% revenue growth during the same year. Year-on-year monthly arrivals were up 8% at the end of December 2019.
Phuket Holiday Services expanding portfolio of property developments in Phuket offer an excellent opportunity to invest in a lucrative market while offering a safe investment with a guaranteed return for 15 years. Paradise Beach Residence Phuket guarantees a 7% NET rental guarantee on your investment annually, with no need to pay monthly fees, electricity, maintenance, or sinking funds for the first 15 years.
Competition in the idyllic area is limited, as this is the only residence conceptualized to resemble a 5-star hotel experience. Paradise Beach Residence Phuket is nestled next to a road with access to three exceptional beaches southwest of Patong.