Apartment on Phuket Island, Thailand, 36 sq.m

This a new condominium on Bang Tao Beach. Inspired by the nearby Andaman seascape, the structure takes a distinctive shape of a cruise ship, along with a sprawling top deck with a pool and sunbathing terrace. The rooftop is also home to a fitness, health and rejuvenation center as well as a bar and a restaurant, all of which offer panoramic sea vistas. Going down from the rooftop, four of Sole Mio’s five-floors host the condominium’s 124 units (31 per floor) available in two types – a Universal 36 sqm studio and a Deluxe 57 sqm one-bedroom apartment. Regardless of the size, all units follow the cruise ship theme in their modern interiors. Carefully designed with maximum livability in mind, each Sole Mio apartment invites plenty of natural sunlight and offers ample, uncluttered space further increased by the use of naturally flowing curved lines. Moreover, all units come fitted with balconies.
Upon finish construction Sole Mio will be managed like a hotel, allowing the future owners to profit from Phuket’s booming tourism business. To make it even more attractive to holidaymakers, Sole Mio will introduce a special anti-ageing program for its guests, featuring a selection of treatments at the project’s in-house esthetic clinic, meditation and yoga sessions, criosauna and traditional sauna treatments, massages as well as nutritionist consultations and custom-made healthy menus.
Thanks to all this, the developer promises a guaranteed 7% annual return on investment for the first 5 years from the launch date and a 2 weeks free stay per year for the owners.

Location: Condominium Sole Mio is located on Bang Tao Beach.
Bang Tao (Laguna Beach) is located on the northwest coast of Phuket. This is one of the longest beaches on the island. Wealthy people from all over the world spend their holidays here. There is everything, numerous restaurants with cuisines of different countries, SPA, gym, popular shopping centers and fairs: Boat Avenue, Little Paris, Porto de Phuket, Blue Tree (water park, restaurant, concert venue), Catch beach club, Catch junior, Xana beach club, Dream beach club and more.

Number of buildings: 1

Number of apartments: 124

Floors: 7

Layouts and sizes: 2 type, universal 36 sqm studio and a Deluxe 57 sqm one-bedroom apartment

Land area: 12.000 sq. m.

View: Sea, Pool, Garden, Mountain

Developer: Railand Property International Co., Ltd.

Management Company: management company from the developer

Availability of permits: All permits received

Completion date: 2021

Ownership: Freehold and Leasehold

Rental program:

1. 7% GUARANTEED RENTAL INCOME FOR 5 YEARS
1. 7% GUARANTEED RENTAL INCOME FOR 10 YEARS
1. 7% GUARANTEED RENTAL INCOME FOR 15 YEARS

*Under the guarantee program, the investor receives 7% of annual income for the next 5, 10 or 15 years, regardless of whether the apartment was rented or not. The developer guarantees income from rent 7%.

Terms of payment:

1. Reservation fee: 100,000 ฿
2. Deposit Payment : 3 weeks after reservation fee when signing purchase/lease agreement 60%
3. 1st Payment: 20% when 50% of architectural works completed
4. 2st Payment:10% when construction completed
5. Final payment: 10% upon transfer and registration of ownership

Facilities:
• swimming pools
• lobby/reception
• Restaurant
• bar
• view point
• room service
• GYM
• kids swimming pools
• kids club
• CCTV
• 24 Hour Security
• parking
• Internet & Cable TV

What is near?:

Bang Tao Beach, Catch Beach Club, 7/11, Family Mart, Night Market, Tesco lotus, McDonald's, Villa market, Little Paris Restaurant, Porto de Phuket, Phuket Golf Center, Blue Tree Water Park, Oasis Spa.