1 Bedroom Apartment for sale at The Haven Lagoon complex · Patong · Garden View

retail lies within a 5–10 minute radius. The unit itself is compact: 54 sqm (floor 3 of 5) with a balcony, unblocked open view, and garden-facing aspect. Full furnishings, washing machine, microwave, and TV come standard—move-in ready for short-term renters. The building operates under hotel management, a critical operational detail in Patong's short-term rental (STR) landscape. Communal pool, gym, 24-hour security, CCTV, and reception-lobby support the rental operation. Foreign freehold ownership is confirmed, removing tenure uncertainty for international buyers. The property class—1-bedroom condo at 54 sqm—is Patong's workhorse for STR yield. However, prospective investors must understand the net-yield reality: gross occupancy runs 70–80% year-round, but net returns compress after OTA commissions (Airbnb/Booking fees), property management, housekeeping, maintenance, and typical 25–30% vacancy band due to seasonality and cancellation rates. Hotel Act B.E. 2547 licensing is the legal gateway for STR; non-licensed buildings face enforcement risk. Juristic-person house rules can also restrict or prohibit sub-30-day rentals regardless of national law—confirm this unit's juristic approval before commitment. Patong's condo market is dense (700+ listings recorded), creating price pressure and yield compression relative to quieter zones like Bang Tao or Surin. This unit suits pure-yield investors with experience in hospitality operations, first-time Asia foreign buyers comfortable with STR legality nuance, and repeat Patong visitors seeking a cash-generative base. It does NOT suit family or lifestyle buyers—nightlife, tourist density, and high turnover dominate the Patong experience.