Fractional ownership - Phuket Apartments - Kata

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Sales Price: 2,940,000 Baht
Bed Rooms: 2

Property Location: Phuket / Kata
Country: Thailand
Build size sq.m: 220
Status: For Sale
Ownership Type: Freehold

Full Description: Apartments in Phuket, Kata Beach with sea view.

Fractional ownership apartments built by Thailand's biggest developer. The company is listed on the Thai Stock Exchange. The apartments are substantial with large balconies. The 2 bed room units are around 220 sq. m.

Note: The apartments can also be bought outright, fully owned, starting at around 20 million baht.

Words from the the developer: "

Fractional Ownership and the Private Residence Club.

We are currently offering a few units at our resort in Kata in Phuket. The shares are offered on a fractional ownership basis, with 1/13th interests in 2- and 3-bedroom residences. That interest is “ownership in perpetuity”, and can be sold or bequeathed. Interests are secured by a shareholding in a corporate structure along with the developer.

The 1/13th share guarantees each owner 3 weeks of use per year and also allows them to access the remaining unreserved time (13 weeks) at short notice on a first-come, first-served basis. Owners can use their weeks themselves, let friends or family use them, rent them out, trade them internally with the other fractional owners, or exchange them by way of an international reciprocal use program with over 170 five-star residences around the globe.

All residences are luxuriously furnished and equipped. Owners will enjoy hotel like services such as on-site concierge and daily housekeeping.

Our introductory prices for the 2-bedroom residence start at 2.94 m BHT and 5.04m BHT for the 3-bedroom residence, and these prices include the first two years’ service and maintenance fees and membership of the international exchange program. These prices will increase as we sell through the inventory.

Fractional Ownership is ideal for those seeking a vacation home, but who would probably use it only a few weeks a year. It is an inexpensive and totally hassle-free way to spend time in some of the finest property in the world. Of course, you may buy more than one fraction if you wish, thus greatly increasing the time you can spend in your unit."

Contact us for more information, shares expected to be sold fast.
Neighborhood Facts: Kata Beach is Phuket's most popular family location. The beach is fantastic. Many restaurants, bars and things to do.

Rental Rates:

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