Condo on Phuket, Thailand, 1 bedroom № 32072

Due to it’s boutique size, there are only 201 exclusive units at Serene Condominium available in the following sizes: Studio (27m2 – 30m2), 1 Bedroom (37m2), 2 Bedroom (60m2). Facilities & Amenities at Serene Condominium include: Sea View Rooftop Pool, Spa & Sauna, Pool Bar, 2 Ground Floor Pools, Rooftop Fitness Centre, Restaurant, Gardens, Waterfalls, Café, Underground Parking, Shuttle Bus Service, Reception, 24 Hour Security, CCTV.

INVESTOR’S PACKAGE: Serene Condominium is ideal for investors due to the very attractive optional rental management scheme. The developer will guarantee the buyer 5% rental income (based on the sales price) per year for 5 years. Furthermore, once the initial 5-year period is completed there will be an optional profit-sharing scheme between the rental management and the owner with a 70/30 split in favour of the owner. The only requirement for the investor to take part in the rental management scheme is the purchase of a fixed furniture package which will be a standard price of 250,000 baht up to 450,000 baht depending on the size of the condo.

The Serene has leasehold and freehold units available due to the law of the land in this part of Phuket. The prices advertised are for the leasehold title deed but if a purchaser requires the optional freehold title deed it is still possible subject to a fee of 250,000 baht up to 350,000 baht depending on the size of the condo. The rental guarantee scheme rate of 5% will always be based on the actual final purchase price whether leasehold of freehold.