The Bay and Beach Club is a totally unique real estate investment opportunity - not just in Thailand, but perhaps the whole of the world. In terms of location, The Bay and Beach Club is impossible to beat - because it is located right on the beach in the centre of Phuket's most popular destination - the non-stop party town of Patong.
This small and exclusive project is designed as a luxurious private beach club, where party-goers are able to spend the day and evening on the beach enjoying the five-star lifestyle of Patong Beach while listening to the sounds of top DJs or relaxing next to the pool. Integrated into the club are just 25 luxurious residential units, set on three floors, aimed very much at investors looking to achieve excellent returns on their apartments.
The majority of the apartments at The Bay and Beach Club are studio/one-bedroom apartments, which range in size from 41.2 to 65.25m2. These apartments are similar to large hotel rooms in the fact that they have separate lounge and sleeping areas. For those requiring more space. there is also a single 120m2 two-bedroom/two-bathroom suite available.
All of the apartments at The Bay and The Beach are supplied on a fully furnished basis - truly luxurious in terms of quality and each apartment comes with a jacuzzi on the large balconies that each apartment features. Most of the apartments offer stunning views over the swimming pool and gardens contained in the Club and to the glorious sea views over the Andaman Sea.
The Bay and Beach Club provides owners with a Guaranteed Rental Scheme which offers a Guaranteed Return of 7% for a period of 15 years. There are no maintenance fees or Sinking Fund payments necessary here, and so the rental return figures are completely Net. The apartments are offered on a 90 year lease, which can be sold at any time. In case of a sale, the new owners would also receive a full new 90 year lease so that your investment keeps on growing. The new owners would also receive a full 15 years of Guaranteed Rental income, even if the apartments were sold after 14 years. The developer also offers a Guaranteed Buyback Scheme on the apartments after the full 15 year period has expired at the original buying price.
This is an investment which is perfect for investors who wish to mix business with pleasure, as all owners get to receive up to four weeks' personal usage in their apartment. Unlike most schemes of this nature, owners can choose to spend any four weeks of the year here - even in peak season. All owners also receive VIP Membership at the Club so that they can enjoy all of the facilities as often as they like, and they will also receive substantial discounts on food and beverages.
With numbers of apartments on this different and unique property highly limited, those interested in investing here should act quickly in order to secure the best apartments.