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02/07/2008 - Oxygen condominiums offer 50% finance.  02/07/2008 - Oxygen condominiums offer 50% finance.

Oxygen condominiums, located in Nai Harn, have announced that they are now offering purchasers a 50% finance option.

Oxygen condominiums are a development of just sixteen two storey town houses each with three or four good sized en-suite bedrooms and a private swimming pool of up to fifteen metres in length.

The homes are designed to be light and spacious with living areas of up to 376m2. The town houses are built in a modern Asian style and distributed over two floors.

The lower floor comprises of an open plan dining kitchen, which is fully equipped with modern western applicances, and a large living room with sliding doors leading to the spacious sun terrace and swimming pool. A bedroom is also located on the lower floor and can be adapted to be used as a study or family room if necessary.

Two bedrooms are located on the upper floor, each with en-suite facilities and a private balcony with views towards the hills and fields which surround the development.

Oxygen Condominiums are sold fully furnished with high quality furniture and accessories, including a 32 inch LCD T.V. and surround sound speakers for a home cinema experience.

Prices start from 8,900,000 Baht (197,000 Euros) and owners will be able to rent their property through the rental scheme or privately if they prefer.

A rental guarantee of 6% is offered for two years and occupancy levels are expected to be high.

On-site facilities include a gymnasium and fitness centre together with 24 hour security and management offices. The development is only a short walk from the beach and local amenities.

Oxygen Condominiums should provide a good return on investment as capital appreciation in the area is above the average for Phuket.

The fact that these are licensed condominiums also means that 49% of the properties may be owned with a foreign freehold title.

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