Available properties
Description
Gallery Residences MontAzureis a Mega Project in the heart of the western coastline of Phuket. MGallery Residences MontAzure is part of our MontAzure Mega Project.
This is a new project under construction, which is located approximately 380m from the coastline of Kamala Beach and is the 1st MGallery Brand Residence in Thailand, an international hotel operator within the groupACCOR
The gated complex has 24 buildings (blocks) from 2 to 6 floors with a total of 227 apartments
We offer studio apartments (47 sq.m and 54 sq.m) - 4 studios on each floor
and 1 bedroom (60 sq.m.-73 sq.m.) – 3 apartments per floor
For those who are interested in 2 or 3 bedroom apartments, there is the option of combining into 2 or 3 bedroom apartments.
All apartments, which will be located on the 1st floors, will have a personal jacuzzi on the terrace.
Renting and/or management will be carried out by the MGallery hotel group, which is part of the international ACCOR hotel group.
https://group.accor.com/en/group/who-we-are/accor-in-brief
All studios and a certain number of 1-bedrooms. apartments must be in a rentalprogram without the right to exit for a period of 15 years.
At the same time, owners can live in their apartments for 45 days annually.
In block A1, 1-bedroom apartments can be used for permanent residence.
Rental program in the form of a rental pool, where income will be distributed as follows:
40% - to the owner and 60% -to the operator from GROSS INCOME.
Maintenance is 100 Baht per sq.m monthly
Sinking fund - 700 Baht per sq.m (one-time payment)
Completion of construction - April 2025
Starting price for studio apartments is 10.5 million. Thai Baht
1-bed - 13.5 million Thai Baht
Furniture package and full ownership (FREEHOLD) includedcost
Payment plan:
When booking and signing the reservation agreement, 100,000 Baht is paid
When signing contracts, you must pay 50% of the price
Upon completion of the construction of buildings, including the roof - 25%
Upon delivery of the object - 20%
Upon registration - 5%