Property For Sale Kata Beach Phuket Condo For Sale
Kata Beach Phuket Condo
PROPERTY FOR SALE IN CONDOMINIUM RESORT WITHIN WALKING DISTANCE TO KATA BEACH PHUKET, THAILAND.
This property for sale features two low density buildings of eight storey and seven storey. The development is on 3.1 Rai of land with a total of 352 units in all. Add to this spectacular west coast views and high-end hospitality services and facilities.
This Condotel offers freehold condominium units just 400m from Kata Beach, offering excellent real estate investment opportunities beyond ordinary expectations. Low introductory prices in an expanding upmarket mixed-use development with resort facilities help ensure handsome returns for many years to come.
A flexible managed rental program is available or simply keep your condo as a special place to escape, where beach life, night entertainment and resort facilities are right on your doorstep. Residents enjoy the warm and efficient hospitality of a luxury resort offering a full range of services for business and leisure, plus the convenience of a well-appointed real estate property in a prestigious location near one of the island’s most popular beaches.
Offering all the fun of a modern beachside resort styled on the elaborate Sino-Portuguese architecture of Old Phuket Town gives you a real taste of authentic Thailand. Fully-furnished condominium units kitted out with the highest quality fittings and uniquely styled on the four regions of Thailand.
This property for sale will be a registered condominium. This means that 49% of the units can be sold as “condominium freehold”. This is special legal type of freehold title that foreigners can directly and legally own in Thailand, just as they would own a freehold property in their own country. Due to the fact that condominiums are a special form of property that foreigners can own, many aspects of condominiums are governed by legislation contained in The Condominium Act. This clarifies the law for property developers and provides a degree of “consumer protection” for condominium buyers.
Important Tip: Prior to purchasing a condominium unit, it is important to check the ratio of foreign ownership. If there are remaining units within the 49% foreign ownership quota, these can be purchased freehold by foreigners. If no foreign quota remains, the remaining units can only be purchased leasehold. The difference in legal title and ownership rights are substantially different.
|Property for Sale||Priced From (THB)||Unit Size||View||Floor|
|Studio||฿ 3,789,288||35.3 sqm||Garden View||Second Floor|
|Studio||฿ 3,654,571||28.4 sqm||City View||Top Floor|
Ownership: Foreign Freehold and Leasehold
Total Number of Units: 352
Price Per Square Metre: 113,024 THB
Monthly Maintainance (CAM) Fee: 1,490 THB
Sinking Fund: 20,680 THB
Rental Income (Yield): 6% Guaranteed for 9 years
Project Completed: Q2 2014
Listing ID# (Property for Sale): 2252
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- Air Conditioning
- Built-In Furniture
- Cable/Satellite TV
- Close to Shops/Restaurants
- Close to the Beach
- Fully Furnished
- Gated Estate/Security
- Internet Access
- Ready to Move In
- Reception/Management Office
- Rental Program
- Sharred Swimming Pool