Ocean View Private Pool Cottages in Kamala Bay -1269

Project offers brand new 75 sqm Cottages, with private pool and Sea View over the Kamala Bay. The cottages are located on the Phuket Millionaires Mile which is renowned for the luxury villas and resorts and are just a few steps from the beach, and the Sea View is really panoramic and stunning.

Facilities include clubhouse with fitness, sauna , spa and swimming pool. In the same common areas will be the reception, lobby and restaurant. Buggy service will be available 24hrs and also a shuttle bus service to the beach.

Investment:

• Rental Guarantee 7% NET (subject to WHT) rental guarantee for the first 15 years.
• NO monthly fee, NO electricity, NO maintenance, NO sinking fund for the first 15 year
• The first rental guarantee will be paid by the Seller to the Purchaser after one year from the final payment.
• Buy Back Option:  available after 10 years at the original price – no resale risk!
• After 15 years possibility of renegotiating a new rental guarantee period.
• Registration taxes shared  50%‐50% between Buyer and Seller.

Owner Benefits:

• Possibility for the Owner to use the cottage 4 weeks in low season or 2 weeks in high season and 2 weeks in low season, free from the costs of electricity, water and monthly fee.
• The Owner can also obtain the Unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee.
• Free daily shuttle service to the beach is included.
• Discount on tours bookings and Residence Restaurant and Spa prices will be offered.