Mondello Hotel Investment Condominium – Kamala Beach, Phuket

IOSPH-050
Property ID

Property Type
Condo

1
Bedroom

3
Bathrooms

47 - 70 Sqm
Area Size

For Rent For Sale Long Term Short Term Top Investment

Mondello Hotel Investment Condominium – Kamala Beach, Phuket

฿ 10,535,275
฿ 15,074,825

Description

A network of internal roads, paths and common infrastructure securely linking all the addresses within this guarded and gated neighborhood. Within short walking distance to the grand entrance, boulevard and the adjacent boutique retail center. An underground tunnel allowing safe cross to the beach front precinct that includes the world-renowned Cafe Del Mar, HQ Beach Lounge Restaurant, The Intercontinental Phuket and Twin palms Residences Mondell Situated in the heart of Phuket’s premier master planned community, M Gallery Residences,

Mondello Lakeside is the island’s latest resort residential development. Ideally placed at the foothills of this expansive blend of forested mountains cascading down to absolute beach front age, this prime position provides easy access to the exclusive range of Mondello offering

The rental contract will be for a period of 15 years. Rental income will be calculated based on the total gross revenue generated by all participating units before any deductions. The gross revenue will be shared 40/60 : 40% to the owner and 60% to the hotel operator. Throughout the duration of the rental contract, the hotel operator will be responsible for key operational expenses, including:

DEVELOPMENT: Freehold Condominium

TOTAL LAND AREA: 21-1-60.8 Rai

TYPE OF UNITS: 227 Spacious Studio and One Bedroom Residences

• Nature Trail & Jogging Track

SERVICES: Transportation to nearby Mondello Beachfront Precinct, Beach Clubs and Boutique Retail

PRIVILEGE: Mondello Membership Card & Member of the Diamond level of Le Club Accor Hotels

Totally Land Area: 454 Rai (180 acres/73 hectares) of mountain to ocean side land on Phuket’s central west coast at Kamala beach.

Totally Unit: 227 Unit

Type: Studio 47 – 54 Sqm.

1 Bedroom 3 Bathroom 56 – 70 Sqm.

Unit Price: THB 10,535,275 – 15,074,825 Million

Accor Diamond membership fee 250 USD per year.

The estimated return for unit owners is approximately 7% per year. However, please note that during the first three years, the rental income may be lower than 7%, which is typical for newly opened hotels as they gradually establish occupancy and brand presence.

The owner will be entitled to use the unit for 45 token per annum in the condition of ;

Low season 1 May to 30 October : 1 night for 1 token

High season 1 November to 20 December and 11 January to 30 April : 1 night for 4 token

Peak season 20 December to 10 January : 1 night for 6 token.

The Service Fee of 45 Tokens when you stay in you unit during the unit in joining rental program 600 – 1,200 THB per night include full service and breakfast for 2 person.

From 45 tokens of your entitled, you can use the tokens with more than 150 places from Accor around the world which are called Accor one residences club for the owner to stay : Banyan Tree, Raffles, Fairmont, and the registry collection.