Studio Apartment for sale at Patong Bay Residence complex · Patong

Patong Bay Residence offers communal pool and bar area—key amenities for guest experience in the STR market. Building features 24-hour security, CCTV coverage, and car parking. Reception/lobby maintains professional standards expected by Booking.com and Agoda algorithms. The project is completed and operational, reducing regulatory risk versus pre-completion builds.

This profile suits pure-yield investors: foreign buyers with no Phuket residency plans, repeat-visitor expats, and Asia-region first-time condo purchasers. Not a family or lifestyle property. Studio scale and Patong location mean occupancy typically ranges 70–80% year-round, though cancellation rates and OTA commission structures reduce net returns. Hotel Act B.E. 2547 licensing applies; juristic-person house-rules may restrict sub-30-day rental, and 2024–2025 enforcement raids on non-compliant buildings have increased. Confirm building STR policy and licensing status before purchase. Patong's oversupply (717+ listings on record) keeps gross yields below Bang Tao and Surin; success depends on building management quality and unit differentiation.