Dual Key Advantages!

THE BRAND NEW ANDAMAN BAY VIEW RESIDENCES DEVELOPMENT IN CHALONG, PHUKET HAS TAKEN AN INNOVATIVE APPROACH TO PROPERTY QUESTION!

Buying into a condominium project also involves taking a close look on how to recoup those hard-earned funds – especially if you want to maintain a certain lifestyle, pay off a mortgage or have a fast return on the investment.

The development, being undertaken by PropertyStore Thailand, if offering its “Phuangkew Duo” room option that redefines living spaces. This innovative option allows for dual occupancy, providing flexibility in how you utilize your residence. With two distinct units, it's not just a home; it's an investment opportunity.

“It’s what we call dual access or dual key,” says PropertyStore founder James Ed Spencer.

“It gives you so many options. Let me give you an example. You might want to live here for six months a year and rent out the other unit and get an income. Or you can rent it all out and get a double income. And the returns are good. If you have an extended family you can also have two entrances.”

Whether you're a seasoned investor or a homeowner looking to maximize returns, the Phuangkew Duo offers a unique opportunity to generate revenue while enjoying the benefits of premium living.

Each unit is thoughtfully designed to provide a blend of functionality, comfort, and style.

“You're investing in a lifestyle, says James. “This concept marries the potential for income generation with the comforts of a great living space, and in fact gives you the best of both worlds”.

Now, who doesn’t enjoy that?

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3 KEY REASONS FOR THE DUAL KEY AT ANDAMAN BAY VIEW RESIDENCES:

1. Two Rental Incomes and One Set of Fees!

2. One residence, two rental incomes! The most attractive aspect of a dual key homes investment strategy is that you’ll have one residence with two portions that can be rented out to generate two rental incomes, and only one property to manage. This means that:
   

   1. Unlike duplexes and attached dwellings (like a granny flat), you’ll essentially have two income-producing properties on one title; and,
      

   2. Investors could be in a positively geared position where the property generates enough positive cash flow to maintain itself through the rental income. This is ideal if you have a mortgage.
      

3. Live in One, Rent Out the Other. The second possible advantage with dual key homes is that property investors could live in one half of the property and rent out the other half. So instead of you having to repay two loans (one for the property you live in and one for your investment property), you’re only paying one, and you’re generating some income. Or, the second unit could also be used to create more privacy within a family if you require extra space for a parent or elderly relative that needs to be cared for.

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