1 Bedroom Apartment for sale in Kamala, Phuket

C659 - Planned and designed for elegant yet efficient living, offers an opportunity to secure a luxury property in Phuket with a guaranteed return on investment. Located on the prestigious “Millionaire’s Mile,” an enclave of luxury villas and resorts, Kamala Bay Ocean View Cottages feature 300 one bedroom cottage units within close proximity to Kamala Beach.

FEATURES

-Property Type: Sea View Cottage
-Plot Size (sqm): 103,972
-Layout: 65 & 75sqm, 1 bedroom
-Total Units: 300
-Ownership: Protected Leasehold with 7% NET guarantee yield for 15 years
-Style: Tropical/Contemporary
-Kitchen: Open plan kitchen
-Living Room: Open plan living area
-Swimming Pool: Private sea-view balcony pools / Jacuzzi
-Balcony: Private

View: Panoramic Sea View and Landscape Garden / Mountain View
Distance from the sea: 300 meters

PRE-LAUNCH PROMOTIONAL PRICE

Prices: Including Furniture + Rental Guarantee


1. SEA VIEW COTTAGES WITH JACUZZI, 65 sqm

Price 6,900,000 THB **Promotion 4,900,000 THB


2. GARDEN VIEW COTTAGES WITH JACUZZI, 65 sqm

Price 6,900,000 THB **Promotion 5,900,000 THB

The rental guarantee will be paid every year in advance.Rental guarantee conditions
7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years.

Buy-Back Option
After 10 years from the closing date the buyer may apply for the buy-back option and receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.

Payment Terms

-200,000.00 THB reservation deposit
-35% upon signing the Purchase Contract within 30 days from Reservation Agreement
-10% upon 90 days from previous installment
-15% upon completion of infrastructure
-15% upon building foundation completion
-15% upon building structure completion
-10% (minus deposit) upon keys handover

# Phase 1 will complete and hand over December 2024.