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Property description
DISTRESS SALEOptional 5 Year Rental Guarantee Available
Large 1 Bedroom Duplex condo (2 floors) for private distress re-sale. Due to lack of funds the owner must sell at 2015 cost price before property transfer and completion on September 30th, 2018. Achieve an instant 20% increase in value - ideal for investment with an optional 5 year rent guarantee giving you 5%-7% return per year assured. This unit exclusively has 2 floors, one of the special Duplex type with double height ceilings.
The Blossom is a resort style project built by one of Thailands largest development companies, it covers a 7 rai plot of land comprising of 5 residential buildings with gardens, swimming pool, fitness centre, bar and lounge facilities.
The investment returns are fantastic when you couple the rental guarantee together with the expected growth.
INVESTMENT FACTS:
Rental Guarantee: 5-7% Per Year for 5 Years. (subject to purchase of a furniture package)
Year 1 - 5%
Year 2 - 5.5%
Year 3 - 6%
Year 4 - 6.5%
Year 5 - 7%
LOCATION FACTS:
This project is located in the heart of Sathorn, just 800m from BTS Surasak with BTS Shuttle Service. Sathorn is a leading upmarket address in Bangkok and rightly so with Bangkok's Financial District and the famous Chao Phraya River & Hotel District all sharing the same neighbourhood. Notable local developments include the new Four Seasons Hotel and Riverside, and the impressive Icon Siam Mall completing soon on the riverfront. Nearby supermarkets include Tesco Lotus and Makro, there is also a range of International Schools, Hospitals and Shopping Malls in the vicinity.
EXTRAS:
The listed buying price is inclusive of all extra fees associated with the transfer: transfer tax, agency commission, electric / water meter installation, maintenance fee (1 yr), sinking fund, sports club membership (1 yr).
There is a THB 30,000 fee charged by the developer to change the name on the contract to the new buyer.
Baan Hunt Co. Ltd.
Nova Group
Grand Unity Development