The Passport

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Chalong, Phuket Town, Phuket

7% GUARANTEED RETURN FOR 5 YEARS
Sep 2021 Off Plan
211 Units

The Passport in Chalong, Phuket

The Passport is a condo and apartment project located in Chalong, Phuket and it is scheduled for completion in Sep 2021. It has 211 units and was developed by W&T Investment

About The Passport

1) Complimentary Furniture Package valued from THB 300,000

2) 5-Year Guaranteed Rental Return with minimum income of THB 250,000/year (limited units) Guaranteed Rental 5 Years with Guaranteed Rental Stay 28 days 

3) Exclusive Yacht Club Membership with Special points (30,000-100,000 points/year) 

The Passport Resort & Yacht Club is located at the Top 10 World Famous Island  – Chalong Bay of Phuket Thailand.
It is 32 KM away from the Phuket International Airport, which is closed to Chalong Pier and new Phuket Airport Link Terminal,
with convenient transportation and full living facilities. The Resort has excellent environment and pleasant scenery.
It is currently a very rare zero- distance seafront resort in southeast coast of Phuket.

As a luxury yacht club resort, The Passport has 211 units including beachfront studio, family suites and sea-view penthouse.
Resort facilities include waterscape restaurant, sky pool, Gym, Spa, Kids Club, Conference room, etc.

In order to meet the high-quality tailor-made holiday needs, The Passport also creates exclusive Clubs – Beach Club, Yacht Club and Marine Sports Club
for owners & customers.

The Passport will build the first Beach Club in the east coast of Phuket. White theme and streamlined design provides modern fashion lifestyle.
Here will be held world top DJs events and fashion shows.

With zero-distance from the sea, the Beach Club will be the brightest pearl setting in the southeast coast of Phuket.

The Passport provides 3 stylish fusion restaurants – Lobby Bar, Sky Pool Waterscape Restaurant, Signature Chinese Restaurant.
Guests can enjoy the different dining experience with the different cuisine & scenery.

Also, The Passport will offer you fully equipped Gym, Spa, Kids Club, Conference room and etc.

Prices by Room Types

Facilities

Convenience
Hotel Managed
Car Parking
Direct Beach Access
Reception Lobby Area
Leisure
Communal Pool
Bar
Indoor Kids Zone
Spa
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementSinking Fund
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Passport the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
฿650/SqM
Project ManagementFreehold Premium
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿300,000/SqM
Project ManagementCommon Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿65/SqM

Payment Plan

Studio and One Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
Upon the starting of construction
30%
3rd Installment
Upon the completion of main structural construction
30%
4th Installment
On handover
20%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
Upon starting constructio
30%
3rd Installment
Upon the completion of main structural construction
30%
4th Installment
On handover
20%
Penthouse
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
20%
2nd Installment
Upon starting construction
30%
3rd Installment
Upon complete the main structural constructio
30%
4th Installment
On handover
20%

Master Plan

About the Developer - W&T Investment

All W&T Investment Projects
1 Project 211 Units

The Group holds and participates in a number of companies: 

• The team entered the Chinese real estate market and capital market since 1996. Till 2016, the team has sold 

nearly 20 Million square meters in the Chinese market, and the sales value have reached 20 Billion RMB. 

• In 2015, W&T Investment was established with registration capital of RMB 110 million in China. In 2016, The 

Group came to Thailand and established Thai companies with 250 Million Baht registration capital in total. 

Frequently asked questions

The common area maintenance fee is ฿65 per square meter based on the size of the indoor area of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Passport the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
The Passport offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Chalong Pier is the closest Pier from The Passport and it is 1.5 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

Read more here

After you have found the right property you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Read more here

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being here.

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

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