Residential Real Estate for Sale in Phuket

Condo development with 47 units with a total of 2,142 sqm habitable surface, and a hotel of 320 sqm, on a prime location in Patong Beach, Phuket. Description: The studios can be combined into larger units so that the buyer can buy 6 studios and build a maximum of 5-bedroom condos. The BVP concept is perfect for private investors who will get a high ROI on their investments. The development is situated on a plot that is adjacent to the five-star hotel. The apartments will have a stunning panoramic ocean outlook and be close to Patong Beach or the tranquil Tri Trang Beach. Check-in and check-out, event registration, and other administrative tasks can all be completed at the front desk. Guests and owners can also request breakfast or other simple food and beverages from the cafeteria area to be delivered to the pool deck. The developer started construction a few years back. But the development came a hold due to financial issues. The development only needs to be finished which can be done within the next few months. Half of the construction has been completed. The hotel is already finished and was purchased with the land. This can be a huge opportunity for any investor. Once completed, the sale of the units would be very easy and fast. Of course, the rental opportunities are huge as well once finished. At the moment the owner is looking for an interested party to take over the complete development.

- The property is situated in a very expanding tourist area. - It is a unique state-of-art-rooms and facilities Hotel. - It will have a capacity of 26 rooms. - 40%-50% of the construction has been completed so far. - 2 Alternatives of the project- Completion of the structure as condos or private house or any other option as chosen by the investor. - Please read the new proposal document for more information.