1-bed condo Patong Phuket hotel managed freehold

The building is hotel-managed on-site, with a restaurant, 24-hour security, CCTV, communal pool, gym, reception, and key-card access. Hotel management is the operational backbone for short-term rental (STR) investors: the property is licensed under Hotel Act B.E. 2547, meaning sub-30-day bookings are legal. Occupancy across Patong's hotel-managed condos typically runs 70–80% year-round, though net occupancy post-cancellations and cleaning gaps averages 65–68%. After platform fees (Airbnb/Booking take 15–25%), housekeeping, maintenance, and management costs, net yields are commonly 3.5–5.5% annual on gross rental income.

This property suits pure-yield investors and repeat-visitor expats comfortable with short-term rental operations and Patong's operational complexity. It is not positioned for family use, long-term owner occupation, or buyers prioritizing capital appreciation. Patong's saturation (717+ condos in the public market) means competition is fierce; success depends on unit turnover rate and building reputation. Verify the juristic person's STR policy in writing — some Patong condos have banned sub-30-day rentals despite legal permission.