Sunny Sea Views & Exclusive Secure Well Maintained Estate - Two Bedroom Corner Penthouse for Sale
Ao Phor Grand Marina, Naka Island
A sunny sea facing penthouse apartment for sale in Ao Por, close to the Grand Marina and at a safe distance from the water. The apartment is well maintained by the owner and representatives. This property has been leased out 90% of the time since purchase at attractive yields (Gross 6%) for long term annual contracts.
This is a two bedroom apartment with attached bathrooms. There is a large open dining, living and kitchen area. The kitchen is fully equipped and has a U-shaped counter and lots of wood cabinets. This is a corner unit so there are extra windows with nice sea views.
There is a semi covered 50 sqm terrace that has an outdoor dining table that seats four. Sit out and enjoy the views of the ocean, out laying island, boat moorings and the sun rise. The unit comes with one covered car park.
Access to common areas include an excellent 20 meter swimming pool. Landscaping well maintained by Property Management. Residents comprise of about 75% Expats.
Safe ownership structure for a foreign buyer:
90 year protected leasehold (30+30+30) with automatic renewals.
Each buyer has shares in the BVI company that controls the estate land freehold.