Buy Thailand Condominium in Central Kathu Phuket | All Phuket Condominiums

Buy Thailand Condominium in Central Kathu Phuket

Overview

ID: #4146
Price: ฿ 1,500,000
Type: Condominium Apartment
Contract: For Sale
Location: Central Phuket
Bathrooms: 1
Bedrooms: 1
Area: 24m2
Rating:
Buy Thailand Condominium in Central Kathu Phuket
4.8 (96%) 5 votes
Buy Thailand Condominium in Central Kathu Phuket
4.8 (96%) 5 votes

Central Kathu Phuket


BUY THAILAND CONDOMINIUM IN A DEVELOPMENT WITH GUARANTEED RETURN LOCATED IN KATHU PHUKET, THAILAND.


This development in Kathu is located in the center of Phuket and is ideal for anyone who wants to live in town.  Buying a condominium in town is very convenient for just about everything.  On warm days it’s only 7km to the Beach which is great for relaxing and cooling off.

This development will have 410 condominium units and is scheduled for completion in October of 2019.

The features available at this project include:  adequate parking, large swimming pools, fitness center, reception area and free WiFi.

This is the 5th project by this trusted developer and come at an affordable price point for Thailand condominiums.

For investors: This condominium will offer a Rental Guarantee for 3 years at 7% NET. Buyers are expected to purchase the developers furniture package. Rental income will be paid 1 month from receiving 100% payment from client minus 5% withholding tax. Client can enjoy 10 days free stay at their units.  Five days during high season and five days during low season (and can be used at any property by this developer).

This location is fantastic to buy Thailand condominium. It is close to Central Festival, Grocery Stores, Restaurant’s and local Thai markets. Furthermore, the Phuket International Hospital and Bangkok Hospital are close by.

Coming soon to this area is the Bukis Phuket street-style shopping complex which will be a hub for local vendors, fashion, food and entertainment for locals and tourists. This will be a destination for those who would like to explore the local lifestyle and its culture.

By 2019, the new Blue Pearl retail complex, bazaar, convention center and resort project is to be developed on 150 Rai of land located in the center of Kathu. The project is estimated to cost 20 billion baht.

 

Buy Thailand Condominium Priced From (THB) Unit Size View Ownership Floor
One Bedroom ฿ 2,800,000 33 sq.m Mountain View Foreign Freehold Top Floor
One Bedroom ฿ 3,700,000 48 sq.m  City View Foreign Freehold Top Floor

Development Details

Ownership:  Foreign Freehold and Leasehold

Total Number of Units:  410

Price Per Square Metre:  62,500 THB

Monthly Maintainance (CAM) Fee:  1,200 THB

Sinking Fund:  12,000 THB

Rental Income (Yield):  7% Guaranteed Rental Return for 3 Years

Project Completion:  Q4 2019 

Listing ID# (Buy Thailand Condominium):  4146

 

Inquire On This Property



Freehold is the most complete and absolute ownership interest that can be held in property. Freehold property belongs to the owner indefinitely and therefore represents absolute ownership of real property. Buying a "condominium freehold" uit is one of the easiest ways for foreigners to acquire direct property ownership in Thailand.
There is a general perception that Thai property law is complicated. Actually, the opposite is true: the laws relating to foreign property ownership is Thailand are quite clear. Foreigners buy and can own "freehold condominiums". Only 49% of the condominium building can be sold as "freehold condominium". Foreigners can take a 30 year lease on an apartment, condominium or flat, registered at the land office.


G. Carlson

G. Carlson

Born on the West Coast of the United States and raised in Texas. Greg Carlson is co-founder of The Carlson Group Consulting Co. Ltd. Specializing in Phuket real estate services and bringing passion to the industry. His reputation has made him one of the most trusted realtors on the island of Phuket.
G. Carlson

General amenities

  • Air Conditioning
  • Built-In Furniture
  • Cable/Satellite TV
  • Close to Shops/Restaurants
  • Gated Estate/Security
  • Gym
  • Internet Access
  • Parking
  • Reception/Management Office
  • Sharred Swimming Pool
  • Terrace/Balcony

Map

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