1 Bedroom Apartment for sale at Bayshore Oceanview Condominium complex · Patong · Garden View

Bayshore Oceanview carries hotel management on-site: a restaurant, communal pool, gym, bar, 24-hour security, CCTV, and reception lobby. The building operates under a hospitality service model, a structural advantage for STR units because the juristic person maintains standards and handles guest coordination — critical for compliance and occupancy.

For pure-yield investors, this property targets the 9–12% gross rental band Patong commands during peak seasons (November to March), though net yield typically runs 3.5–5.5% after online-travel-agent (OTA) commissions, cleaning, maintenance, and a realistic 25–30% vacancy allowance across the year. Occupancy in established hotel-managed buildings averages 70–80% gross, but cancellation rates and seasonal softness reduce effective bookings to 65% net. Patong's short-term rental market is competitive — at 717+ active condo listings in the district — so unit quality and management reputation drive occupancy. Be aware: as a leasehold, this property carries renewal risk under Thai law (Supreme Court ruling 4655/2566 in March 2025 reinforced lessor discretion at term expiry), and the building's juristic person retains rights to impose or enforce STR restrictions regardless of the Hotel Act B.E. 2547. Enforcement of unlicensed rentals by Phuket Provincial authorities has intensified in 2024–2025; hotel-managed buildings like this one offer structural protection, but review the juristic-person house rules before committing.