Apartment on Phuket Island, Thailand, 35 sq.m

This a modern condominium in which all apartments are 35 square meters and offer stunning views of the Andaman Sea. Each sea-view unit has a private balcony with a rooftop sunbath platform, offering owners the chance to unwind and appreciate the natural surroundings. The tropical grounds of the Naka Bay Sea View Condominium are a natural green space. There is a common swimming pool, surrounded by landscaped gardens and terrific sea views. Naka Bay Sea View Condominium offers the opportunity to purchase a secluded property with a guaranteed return on investment.

Location: Naka Bay Sea View Condominium is located in the wooded hills of Kamala, surrounded by the lush nature of Phuket.
Kamala is arguably the most exclusive area of Phuket and home to “Millionaire’s Mile,” where the classiest venues and most sumptuous residences are situated. Kamala Beach surrounded by wooded hills and located on the west coast of Phuket, 10 minutes from the main tourist area - Patong Beach and a few minutes from Surin Beach. There is most popular theme park Fantasia and famous beach club Cafe Del Mar.
Condominium located just 200 meters from Naka Beach.

Number of cottage: 292

Layouts and sizes: 1 bedroom 35 sqm

View: Sea, Pool, Garden, Mountain

Developer: Phuket Holiday Services (PHS) Property

Availability of permits: All permits received

Completion date: 2022/2023

Ownership: Freehold and Leasehold

Rental program:

7% GUARANTEED RENTAL INCOME FOR 15 YEARS
Under the GUARANTEED INCOME program, the investor receives 7% of annual income for the next 15 years, regardless of whether the apartment was rented or not. The developer guarantees profitability from rent 7%.

Buy-back option after 10 or 15 years - developer offers a buy-back option. Owner can return the apartment to the developer and receive the invested money + 10% on top. Also, the owner can sell the apartment at any time on his own.

Terms of payment:

200,000 baht reservation deposit+10.000 THB Lawyer’s fee
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
20% upon completion of infrastructure.
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover

Facilities:
• swimming pool
• lobby/reception
• restaurant
• GYM
• SPA
• Jacuzzi
• CCTV
• 24 Hour Security
• parking
• Internet & Cable TV

What is near?:

Kamala Beach, 7/11 and Family Mart, Big C, Cafe Del Mar Beach Club, Show Fantasea, Surin Beach, Bang Tao Beach, Patong Beach