Patong Bay Hill Sea View is an exciting new project which saw the first phase of the project, consisting of 366 apartments, opening in early 2017.The resort is constructed in a tropical modern style and is located on Nanai Hill just a few hundred metres to the south of the town centre of Patong – Phuket’s most popular tourist destination. The project’s hillside location offers panoramic views across the beautiful Andaman Sea below while offering all guests a peaceful and tranquil environment, while still within easy reach of all of the attractions and nightlife of Patong. Patong Bay Hill is designed as a fully-featured, five-star holiday resort, offering modern-style hotel catering with exclusive accommodation surrounded by a green landscape and natural gardens, making the project the perfect retreat destination.As a second phase of the project, the developer is offering self-contained ‘cottages’ which are all located at the top of the hillside, ensuring that each unit offers owners and guests incredibly clear sea views. Designed in a unique, curved style, these cottages are all one-bedroom/one-bathroom units containing 35m2 of internal space plus a large 11m2 terrace area, each containing a private jacuzzi so that owners and guests can bathe while they watch the sun go down over the ocean. All of the cottages are supplied on a full turnkey basis – right down to soft furnishings and cutlery – and all fixtures and fittings are of the highest quality to ensure that they are in keeping with the five-star nature of the resort.The resort offers guests a full range of five-star amenities to enjoy. These include a clubhouse, wedding facilities, cafes and restaurants, a kids’ club, wellness spa, sport and recreation, fitness centre, 16 retail outlets including a convenience store and an impressive, elegant swimming pool which offers sea views while guests swim or lounge on the adjacent terraces. The resort also offers a free shuttle bus service to take guests to the beach and the centre of Patong Town.As Patong Bay Hill resort is a fully-functioning five-star hotel, it will be especially interesting to investors looking for a rental return rather than for use as a permanent residence. For investors, the project offers a Guaranteed Rental Return of 7% annually for a period of 15 years. And this return is Net – investors here do not need to pay Sinking Fund payments or annual maintenance fees, unlike the majority of projects offering Rental Guarantees. The developer also offers a Guaranteed Buyback Scheme after five years, with 10% interest on top of the original price.Investors also have the opportunity to use their own apartments for free for a period of up to four weeks per year – of which two weeks can be taken during Phuket’s high season in the winter.Currently on pre-launch, these cottages are offered at a discounted price of just THB 5.4 million per unit – an exceptionally attractive price for such a private residence which offers perfect sea views and tranquility.