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Property description
**INVESTOR PROMOTION: 5 Year Rent Guarantee / 5% Per Year**Serene Condominium in Surin Beach, Phuket is the Dot Property Award Winning Project for “Best Sustainable Eco Design 2020” and the developer won “Best Boutique Developer Phuket 2020”.
Serene Condominium is a highly attractive boutique residence beautifully positioned on the headland between Surin Beach and Bangtao Beach in Phuket – an established tourist destination with plenty of local delights. The project is just 600m from Bangtao beach, 800m from Surin Beach, and 30 minutes-drive from Phuket Airport. There are 2 buildings of 8 floors with rooftop facilities, a stunning rooftop sea view swimming pool, and 2 ground floor pools on a total land plot size of 3,300m2. This project is heavily focused and proud of it’s eco-design which features solar panel power supply for common areas, strictly only recycled plastics, every tree cut for the project was offset by 2 trees planted, and for every million baht purchased 1,000 baht is donated to the local environmental foundation.
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.
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