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For Sale Condominium Patong Harbor
The Patong Harbor View Condominium project is excellently located at the southern inland end of the world famous Patong Beach in Phuket.The site is located 2.5 kilometers to the heart of Patong on the road to Karon, Kata and the beaches to the south. The total freehold property size is approximately 3 Rai. The land is flat with access to the new marina project to the north with views of the harbor and the sea from upper apartment floors.
To the west are heavily wooded hills affording a peaceful, quiet setting with a short 1 kilometer drive to Patong's new 3rd road putting this location in one of the last undeveloped locations in Patong.
If you been thinking about investing in Tropical Phuket, here is your chance to own a fine Condominium with the all the luxuries of a 5 Star resort.
We are an adult community so children under the age of 18 are not permitted to stay with us.
Project Description
Patong Harbor View incorporates the best of traditional and new Thai designs into a modern condominium development. This exclusive project, will set the standard for luxury living and leisure in Patong. The project foresees a mix of one bedroom, two bedroom and penthouse units. Units will have a forest, city, harbor or pool view. The project will be developed in three different stages with construction to begin in Sept. 2005. All properties available from pre-sale are:
One bedroom 97 Meters
One Bedroom 102.5 & 108 Meters
Two Bedroom 141 & 150 Meters
The master plan sets our rigorous controls and management to ensure quality development being built to the highest specifications and standards. Patong Harbor View will become the benchmark for quality living in a quiet but close to the action environment.
Up market Condominiums
The well located condominiums incorporate the best of modern Thai planning with the luxury one could expect of a condominium in the western world. An excellent life style in ensured for the residents because the development features privacy, security and an active life style as essential components of the layout scheme with built around fully landscaped public and private areas. The condominiums will use the latest technological developments and incorporate the use of intelligent building control systems to ensure the privacy, security and comfort for our residents.
Building Detail
| Building
|
Floor
|
Room#
|
Corner
|
Sq. Meter
|
Jacuzzi
|
Thai Baht
|
|
|
|
|
|
|
|
|
| A
|
2
|
A201
|
yes
|
105
|
yes
|
sold
|
| A
|
2
|
A202
|
no
|
98
|
yes
|
sold
|
|
|
|
|
|
|
|
|
| A
|
3
|
A301
|
yes
|
105
|
yes
|
sold
|
| A
|
3
|
A302
|
no
|
98
|
yes
|
sold
|
| A
|
3
|
A303
|
no
|
98
|
yes
|
sold
|
| A
|
3
|
A304
|
no
|
98
|
yes
|
sold
|
|
|
|
|
|
|
|
|
| A
|
4
|
A401
|
yes
|
105
|
yes
|
5,398,000.
|
| A
|
4
|
A402
|
no
|
98
|
yes
|
Reserved.
|
| A
|
4
|
A403
|
no
|
98
|
yes
|
4,958,000.
|
| A
|
4
|
A404
|
no
|
98
|
yes
|
4,958,000.
|
|
|
|
|
|
|
|
|
| A
|
5
|
A501
|
yes
|
105
|
yes
|
sold
|
| A
|
5
|
A502
|
no
|
98
|
yes
|
sold
|
| A
|
5
|
A503
|
no
|
98
|
yes
|
5,174,000.
|
| A
|
5
|
A504
|
no
|
98
|
yes
|
reserved
|
|
|
|
|
|
|
|
|
| A
|
6
|
A601
|
yes
|
204
|
yes
|
11,220,000.
|
| A
|
6
|
A602
|
no
|
198
|
yes
|
10,980,000.
|
|
|
|
|
|
|
|
|
| Penthouses
|
| A
|
7
|
A701
|
yes
|
250.50
|
yes
|
17,524,000.
|
| A
|
7
|
A702
|
no
|
155.50
|
yes
|
9,334,000.
|
| Building C |
|
|
|
|
|
|
|
|
|
C
|
2
|
C201
|
yes
|
176.50
|
yes
|
reserved
|
|
C
|
2
|
C202
|
no
|
142
|
yes
|
6,560,000.
|
|
C
|
2
|
C203
|
yes
|
148
|
yes
|
6,837,000.
|
|
|
|
|
|
|
|
|
|
C
|
3
|
C301
|
yes
|
152
|
yes
|
reserved
|
|
C
|
3
|
C302
|
no
|
142
|
yes
|
6,892,000.
|
|
C
|
3
|
C303
|
yes
|
158
|
yes
|
7,647,000.
|
|
|
|
|
|
|
|
|
|
C
|
4
|
C401
|
yes
|
157.5
|
yes
|
Reserved.
|
|
C
|
4
|
C402
|
no
|
146
|
yes
|
7,387,000.
|
|
C
|
4
|
C402
|
yes
|
160
|
yes
|
8,096,000.
|
|
|
|
|
|
|
|
|
|
C
|
5
|
C501
|
yes
|
157.5
|
yes
|
reserved
|
|
C
|
5
|
C502
|
no
|
146
|
yes
|
7,700,000.
|
|
C
|
5
|
C502
|
yes
|
160
|
yes
|
8,360,000.
|
|
|
|
|
|
|
|
|
|
C
|
6
|
C601
|
yes
|
157.5
|
yes
|
reserved
|
|
C
|
6
|
C602
|
no
|
146
|
yes
|
8,030,000.
|
|
C
|
6
|
C603
|
yes
|
160
|
yes
|
8,800,000.
|
|
|
|
|
|
|
|
|
|
C
|
7
|
C701
|
yes
|
300 + Roof
|
yes
|
20,460,000.
|
|
C
|
7
|
C702
|
yes
|
164.5
|
yes
|
9,409,000.
|
Our units are mostly one bedroom units (55) with 18 - 2 bedroom units and 2 penthouse units. Please let our staff know what you require and we will be more then happy to help you pick out the right condominium for you.
HOW TO PURCHASE YOUR CONDOMINIUM
You have two choices
The easiest way to own property in Thailand is to purchase a condominium. As a Foreigner you can purchase in your own name. Under Thai law Foreigners are permitted to own up to 49% of the units in any condominium block. You also have to prove that the money for the purchase arrived from abroad by filling out a Tor Tor 3 forms prior to transferring the money into our account. Ask our staff and they will be more than happy to help you with this to make sure everything goes smoothly.
Thai Company
Establishing a Thai company is relatively easy, straightforward, inexpensive to operate and can be handled by reputable legal accounting firms based in Phuket. Patong Harbor View can recommend several firms to you and assist you in establishing your Thai company.
Legal Fees
Initial cost is about 30,000 baht and annual fees will be another 20,000 baht per year.
Advantages
Using a Thai entity allows foreign buyers to acquire a condominium title apartment after the 49% foreign ownership level has been reached.A Thai company is also eligible to apply to a Thai bank for mortgage finance on a Condominium, provided the company meets Bank Lending criteria. Patong Harbor View can introduce you to a Thai bank which may provide mortgage finance
Facilities
Full time activities directors will plan daily events, trips, games, shopping, educational, sporting and fitness events.
Get up early in the morning, take a run down at Patong Beach or go work out in our fully equipped gym.
If you lay by the pool, go to the beach or chill out around the indoor/outdoor cafe it's up to you. Our goal is have things available for you to do..... if and when you choose.
Payment Schedule
(Example purchase of 3,250,000)
Reservation of a condominium:
Sign the Reservation Form and pay a non-refundable Deposit
Baht 100,000
On or before 14 days, on execution of Condominium Sale & Purchase Agreement:
Pay 25% of the total price to confirm the purchase
(Less the deposit)
Baht 812,500
Installment payment schedule
Pay during construction in 4 installments over construction ( expected to take 16 months )
on completion of foundations 30% Baht 975,000
on completion of superstructure 15% Baht 487,500
on completion of walls, floors 15% Baht 487,500
on final completion and handover 15% Baht 487,500
Total purchase price Baht 3,250,000
Furniture package for 1 BR condominiums: THB 800,000 incl. Vat
Furniture package for 2 BR condominiums: THB 1,300,000 incl. Vat
Freehold condo registration costs approx. 5% of purchase price
MAINTENANCE STRUCTURE
The condominium suites are sold with a condominium title. This allows a foreigner to own a property on a freehold basis. The title will be transferred to each owner upon completion of the construction and registration approval as a condominium unit by the local authorities.
The condominium Juristic Person (the CJP) will appoint Patong Harbor View, Ltd. as manager of the condominiums and provide services as listed below.
Condominium service charges are THB 50, - per m2 for 1 Br units and THB 55, - per m2 for 2 BR units and penthouses.
Service charges are calculated on the official registered square meters of each condominium and are paid annually on the first of January for the entire year. They shall be accounted for by the management company with an annual report. Purchase of condominium during the year will be pro-rated and due within 30 days after closing.
The charges cover the following services:
Estate security
Upkeep of common facilities
Pest control of common areas
Common area landscape maintenance
Cleaning and maintenance of common swimming pools
Maintenance of building exteriors
Use of the common facilities
Management of all the above
A sinking fund will be made out of the service charges of THB 5-per m2/ month
ARCHITECTURAL SPECIFICATIONS
STRUCTURAL
Structure Reinforced concrete column/beam
Concrete floor/pre-fabricated concrete floor
Roofs Flat: Concrete with damp and water proofing
Outdoor living: Small tiles on concrete beam
Ceilings Gypsum plaster with paint
Floors Living/Kitchen/dining: Ceramic tiles
Bedrooms: Wood mosaic parquet
Bathrooms: Ceramic tiles
Outdoor living: Sandstone / Tile
Walls
Interior and exterior concrete: Painted plaster
Accent walls: Stone wall using local granite or rough cut
Rough cut local sandstone as accent wall.
Windows
Aluminum white frame with glazing
Doors
Exterior: Aluminum frame
Interior: Hardwood veneer faced door
SANITARY WARE AND APPLIANCES
Bathrooms Sanitary Ware: American Standard or equivalent
Kitchens Sink, Oven, Stove, Hood, from Teka or equivalent
Air Conditioning Built in split system
* Specifications are indicative and are subject to change
BUYING OFF PLAN - WHAT IS IT?
The concept of buying off plan (before the property is built) is not new - many investors have done it before in UK, USA and abroad. However, this trend is on the increase as more clients are beginning to realize the benefits of buying overseas property off plan.
Buying off plan means reserving a specific property or condo abroad at the initial stage when the plans are approved. It the opposite to buying a re-sale or just newly built property. At each stage of the process significant investments are required from the developer. A small percentage of the off plan properties for sale are offered at a discounted price to the investors to secure the bank guarantees or gain the market confidence in the project. Investing in property abroad in up and coming areas of Thailand is becoming increasingly popular as they offer larger financial rewards.
Overseas property off plan investment - How does it work?
Smart investors are getting to know about the new developments launched at the very early stage and pick and choose the best possible prices and properties. As a general rule the prices are going up during the period of construction by at least 10% when the construction commences, foundations are laid, when the rough works are finished and when the complex is completed.
As many off-plan developments last for a period of 12-24 months, the investor with a little financial outlay secures the price and in most cases enjoys a healthy capital growth if he/she chooses the right development.
Required capital to buy off-plan property abroad
A reservation fee is normally required when you buy a property off-plan; it varies from country to country and could be in the region of 100,000 baht. It is deducted from the next installment to the developer, which normally in 3-4 weeks after the reservation and in the region of 10-30%.
As the property appreciates in value it is often possible to arrange 100% mortgages and take out the cash invested to enjoy the capital growth.
In some instances the final payments are not required, if the investor decides to sell the property before completion. On a good quality luxury complex the prime location property re-sells to retired people or people looking to permanently relocate and cannot wait 2 years for the property being built.
Overseas property investment - what should I look for?
When buying a property off-plan does not necessary guarantee a good capital growth, as a lot of overseas property buyers and investors have found out the hard way. Things to bear in mind are:-the maturity of the market in the specific area, prices (how does the development compares with the local market prices), the quality of the development and of course the location and size of a specific project.
Buying off-plan takes a little courage, but is financially rewarding. Prospective purchasers should keep in mind that a property with a good investment potential sells extremely quickly. Reserving the condo or property while on holiday could be the best way for you to buy your Thailand home. Our staff will point you in the right direction and assist you to choose the right condo that would provide you the best returns.
| Building
|
Floor
|
Room#
|
Corner
|
Sq. Meter
|
Jacuzzi
|
Thai Baht
|
| A
|
1
|
A101
|
yes
|
108
|
no
|
4,560,000.
|
| A | 2 | A201 | yes | 105 | yes | sold |
| A | 2 | A202 | no | 98 | yes | sold |
| A | 3 | A301 | yes | 105 | yes | sold |
| A | 3 | A302 | no | 98 | yes | sold |
| A | 3 | A303 | no | 98 | yes | sold |
| A | 3 | A304 | no | 98 | yes | sold |
| A | 4 | A401 | yes | 105 | yes | sold |
| A | 4 | A402 | no | 98 | yes | 4,508,000. |
| A | 4 | A403 | no | 98 | yes | 4,508,000 |
| A | 4 | A404 | no | 98 | yes | 4,508,000 |
| A | 5 | A501 | yes | 105 | yes | sold |
| A | 5 | A502 | no | 98 | yes | sold |
| A | 5 | A503 | no | 98 | yes | 4,704,000 |
| A | 5 | A504 | no | 98 | yes | 4,704,000 |
| A | 6 | A601 | yes | 204 | yes | 10,200,000. |
| A | 6 | A602 | no | 198 | yes | 9,900,000. |
| A | 7 | A701 | yes | 250.50 | yes | 15,931,000. |
| A | 7 | A702 | no | 155.50 | yes | 8,486,000. |
| C | 2 | C201 | yes | 176.50 | yes | reserved |
| C | 2 | C202 | no | 142 | yes | 5,964,000. |
| C | 2 | C203 | yes | 148 | yes | 6,216,000. |
| C | 3 | C301 | yes | 152 | yes | reserved |
| C | 3 | C302 | no | 142 | yes | 6,248,000. |
| C | 3 | C303 | yes | 158 | yes | 6,952,000. |
| C | 4 | C401 | yes | 157.5 | yes | 7,245,000. |
| C | 4 | C402 | no | 146 | yes | 6,716,000. |
| C | 4 | C402 | yes | 160 | yes | 7,360,000. |
| C | 5 | C501 | yes | 157.5 | yes | reserved |
| C | 5 | C502 | no | 146 | yes | 7,000,000. |
| C | 5 | C502 | yes | 160 | yes | 7,600,000. |
| C | 6 | C601 | yes | 157.5 | yes | reserved |
| C | 6 | C602 | no | 146 | yes | 7,300,000. |
| C | 6 | C603 | yes | 160 | yes | 8,000,000. |
| C | 7 | C701 | yes | 300 + Roof | yes | 18,600,000. |
| C | 7 | C702 | yes | 164.5 | yes | 8,554,000. |
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Pricing:
From 3,880,000 Baht - $US 96,655 - € 77,190 - £ 53,000
The Patong Harbor View Condominium in Beach Phuket - Contact Form
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