Conveniently located just a short walk from the pristine white sands and crystal waters of sheltered Nai Harn Bay on Phuket’s stunning south-western tip, Coco Sea occupies an enviable spot surrounded by lush tropical lagoons. In this premium location, you will find luxury resorts such as The Royal Phuket Yacht Club and Sunsiri Phuket together with a wide choice of some of Phuket’s best beaches, the closest of which – Nai Harn Beach – was voted Thailand’s Best Beach by TripAdvisor in March 2015. Just a few minutes’ drive from here are a variety of retail amenities and restaurants, including Tesco Lotus, Villa Market, Da Vinci restaurant and Nikita’s restaurant.
Coco Sea Condominium is a four-storey low-rise development comprised of twelve blocks containing a total of 376 units spread throughout a large plot 11-rai in size. The project comes from one of Phuket’s most-experienced developers, who have completed over 30 projects over the past decade. Buyers here have three types of apartments to choose from, starting with studio apartments of 40.6m2, through one-bedroom apartments of either 42.7 or 45.7m2, up to two-bedroom apartments of either 62.4 or 65.2m2. All of the apartments here come with views over the vast lagoon pool which all but fills the entire site, with all ground-floor units having direct pool access, making them the perfect option for families.
The project offers a full range of five-star facilities, as can be expected of a resort of this calibre. In addition to the vast lagoon pool, the project features a separate pool just for children, a fitness centre, bars, cafes and restaurants, on-site retail facilities plus a shuttle bus to take owners and guests to Nai Harn Beach.
Due to its enviable location and the quality of the on-site facilities, Coco Sea is sure to be a popular resort with visitors – so much so that the developers are offering a Guaranteed Rental Scheme on all apartments on the project. The scheme offers investors a Guaranteed Rental Return of 6% net per annum for a period of anywhere from three to 15 years – as per the investor’s wishes. In addition to the guaranteed financial returns, investors here will also be able to enjoy up to 30 days’ of personal usage per year.
Freehold units are available on this project for a supplement of 10% on top of the regular prices. In order to take advantage of the Guaranteed Rental Scheme, investors will need to purchase a full luxury furniture package, which is priced at THB 300,000 for studios and one-bedroom apartments, or THB 450,000 for the two-bedroom apartments.
Having been launched only in May 2015, Coco Sea is currently on pre-launch pricing, which means that all apartments are 5% cheaper than the official launch prices which will take effect later in the year. This offers ‘early bird’ buyers an opportunity to see a rapid capital increase on their investment.
So whether you are looking for a highly-yielding investment property – or just a luxury apartment in a five-star resort for you and your family to enjoy forever, Coco Sea is an ideal choice.
|Studio – Min||40.6||3,471,300||Closing Costs||2%|
|Studio – Max||40.6||3,857,000||Payment Plan|
|One-Bed – Min||42.7||3,652,988||Reservation Fee||5%|
|One Bed – Max||45.7||4,992,725||Deposit Payment||30%|
|Two-Bed – Min||62.4||5,930,850||Interim Payments||60%|
|Two-Bed – Max||65.2||7,427,100||Handover||5%|