Unit ID: U18040
11% Rental Yield
Kamala, Kathu,Phuket
$121,000
1 Bedroom
1
Bathroom
364 Sqft
Size
1
Floor
Dec 2019
Completed

About This Condo

This property is a 364 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Kamala, Phuket and was completed in Dec 2019. You can buy this condo for a base price of $121,000 ($331/Sqft).

Be a Part of the 'GATE: Cozy Phuket Condo, Fab Location, & Super Affordable!

Let's talk about the good stuff first! Are you looking for a condo in an exciting area of Phuket? Then don't look any further! This property is the perfect fit for you! This cozy 33.80 SqM condo comes complete with one bedroom and one bathroom - and it's only a stone's throw away from everything you need. It's part of CITYGATE, an up-and-coming area in Kamala that was completed in December 2019. Plus, it's conveniently located near tons of cool cafes, restaurants, and shopping centers, which means you'll have access to plenty of fun activities.Sure, its small size might have you wanting a bit more space, but the good news is that the price tag is totally doable! Yeah, you read that right: You can own this place without having to take out a loan! This condo will only set you back ฿4,015,440 (฿118,800/SqM), so you won't have to break the bank! Plus, you can be sure that you're making an investment in a property that's worth it, 'cause Phuket's property market is on the rise.If great location and pocket-friendly prices are high on your checklist, then this property should definitely being at the top of your list! Enquire now and don't miss out on this amazing opportunity!

Features

Wet BarWet Bar BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 3, 2016
Updated 1 year ago
Property Type Condo
Floor 1
Bedroom 1
Size 364 Sqft
Price per Sqft $331
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Leasehold
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View
Unit Type 1BR
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$59/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U18040

Investment Opportunity: Charges & Yield

Sale Price
$121,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$59/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
9
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at CITYGATE, and the current sales price.
11%

Project Details

Project Name: CITYGATE
Construction: Completed (Dec 2019)
Floors: 8
Buildings: 5
Units: 374
Project Area: 93,775 Sqft
Nearest Landmark Kamala Beach - 0.7 Km
Location: Kamala, Phuket
CITYGATE Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Attached Market / Shops Attached Market / Shops
Kids Club Kids Club
Shuttle Bus Shuttle Bus

Popular Facilities at CITYGATE

  • Communal Pool
    1st Floor
  • Reception / Lobby Area
    1st Floor
  • Library / Reading Room
    2nd Floor
  • Spa
    Ground Floor
  • Communal Gym
    2nd Floor

Available Units at CITYGATE

For Sale 58 For Rent 9
Available Units at CITYGATE
$160,000
$425/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Updated 5 days ago
Available Units at CITYGATE
$116,000
$315/Sqft
Beds Studio Beds
Baths 1 Baths
Size 369 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at CITYGATE
$119,000
$317/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 6 Floor
Leasehold Fully Furnished City View
Updated 1 week ago
Available Units at CITYGATE
$232,000
$307/Sqft
Beds 2 Beds
Baths 2 Baths
Size 753 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Partial Sea View
Updated 1 month ago
Available Units at CITYGATE
$128,000
$340/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 4 Floor
Leasehold Fully Furnished Mountain View
Updated 1 month ago
Available Units at CITYGATE
$128,000
$350/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Garden View
Updated 1 month ago
Available Units at CITYGATE
$122,000
$316/Sqft
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 5 Floor
Foreign Quota City View
Updated 1 month ago
Available Units at CITYGATE
$131,000
$358/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 5 Floor
Leasehold Fully Furnished Mountain View
Updated 2 months ago
Available Units at CITYGATE
$122,000
$325/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at CITYGATE
$137,000
$364/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at CITYGATE
$128,000
$350/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 8 Floor
Leasehold Fully Furnished Mountain View
Available Units at CITYGATE
$221,000$233,000
$361/Sqft
Beds 1 Beds
Baths 1 Baths
Size 614 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
Available Units at CITYGATE
$122,000
$316/Sqft
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 2 Floor
Leasehold Fully Furnished Pool View
Available Units at CITYGATE
$154,000
$410/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at CITYGATE
$162,000
$431/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at CITYGATE
$121,000
$331/Sqft
Beds 1 Beds
Baths 1 Baths
Size 364 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Available Units at CITYGATE
$122,000
$331/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 369 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Available Units at CITYGATE
$141,000
$375/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 6 Floor
Leasehold Fully Furnished Burj Khalifa View
Available Units at CITYGATE
$291,000
$387/Sqft
Beds 2 Beds
Baths 2 Baths
Size 753 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished Pool View
Available Units at CITYGATE
$291,000
$387/Sqft
Beds 2 Beds
Baths 2 Baths
Size 753 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished Pool View
Available Units at CITYGATE
$154,000
$410/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
Available Units at CITYGATE
$154,000
$410/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at CITYGATE
$287,000
$381/Sqft
Beds 2 Beds
Baths 2 Baths
Size 753 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished City View
Available Units at CITYGATE
$122,000
$331/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 369 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Available Units at CITYGATE
$122,000
$331/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 369 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Available Units at CITYGATE
$122,000
$338/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 362 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished
Available Units at CITYGATE
$123,000
$338/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 363 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Mountain View
Available Units at CITYGATE
$123,000
$335/Sqft
Beds 1 Beds
Baths 1 Baths
Size 368 Sqft Size
Floor 2 Floor
Leasehold Fully Furnished
Available Units at CITYGATE
$124,000
$348/Sqft
Beds 1 Beds
Baths 1 Baths
Size 356 Sqft Size
Floor 6 Floor
Leasehold Fully Furnished
Available Units at CITYGATE
$124,000
$341/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 364 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Get notified when new homes are being added to CITYGATE
View All (58)

Loan Calculator

Payment Plan

CITYGATE
Installment Milestone Payment
Reservation Deposit
Immediately
$2,910
1st Installment
within 14 days from the date of reservation
50%
2nd Installment
1 months after contract signing
25%
3rd Installment
within 15 days from inspection notice
25%

Frequently Asked Questions

No pets are allowed at CITYGATE unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is $2 per square meter based on the size of indoor area of the property and is $59 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At CITYGATE the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
Kamala Beach is the nearest Beach from CITYGATE and it is 0.7 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at CITYGATE you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


CITYGATE
Installment Milestone Payment
Reservation Deposit
Immediately
$2,910
1st Installment
within 14 days from the date of reservation
50%
2nd Installment
1 months after contract signing
25%
3rd Installment
within 15 days from inspection notice
25%

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Reviews

4.2 out of 5
Based on
8 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
residence/hotel has everything
Cory Bairos, Canada, Current Resident, 11 months ago
all the facilities onsite are very well maintained and cleaned daily! There is always staff member close by to help with any questions you may have. the cafe is great for food and poolside drinks. they do provide room service as well!
Variety of facilities
Michale Delahanty, Mexico, 4 years ago
It is a project with complete facilities for various activities as what we can expect from a 5-star hotel. I barely see these from other condos. You can find a large swimming pool, sky lounge and a restaurant for Thai and Western food. The quality is good at a reasonable price. Nearly forget, the project has a medical center available. Most of the residents here are foreigners. The project is in the Kamala area near Phuket Fantasea.
Brand New Residence with Wellness Center and Clinic
Verified Visitor, 4 years ago
Nice project well located in Kamala. 5th minutes driving to shops, restaurants, beach, beach club, modern and cozy with condos pretty well designed, Great thing is the clinic and wellness center ( work with Bangkok Hospital ) - Lap pool on the rooftop is pretty small
Condo designed to meet all good needs
Hermina Ferriera, Spain, 4 years ago
It is a beautiful and nice unique condo, and I rented a CITYGATE condo while vacationing in Phuket. Everything is very well equipped. The staff here are lovely and serve good services. Also, I don't have to worry about anything as there is a luxurious common area and usable, comprising a reception hall, a large swimming pool, a fitness center and much more. The condo area gives a sense of privacy, premium, and comfort. The room I rented is beautifully-decorated, pleasant, and comfortable. So, CITYGATE has made my good day perfect.
Luxury condo with daily rental accommodation near Kamala Beach
Billi Delcid, Canada, 4 years ago
Accommodation here is located in the Kamala Beach area. It’s a low-rise condo, and the swimming pool here is very big and clean. There is a large area to accommodate daily guests, which is sometimes crowded. But I think this place is well-organized and zoning. What I like is that the facilities are quite a lot better than other condos and just recently built. As for getting to various places, it is not difficult. Taxi service is available, but the price is quite high!!!!
Great condo in excellent location
Carlo B., Italy, 5 years ago
I rent this place for the short term. Overall, it’s very impressive, and also new. My room is a one-bedroom unit with right-sizing. It’s decorated in a modern style with a full range of furniture. The project facilities are also complete, including a gym, a pool, a library, and many more. There are quite a lot of units within the project, but not crowded. The location is excellent as it’s easy to get to anywhere.
Luxury condo with an excellent service
Alesha Barahona, Malaysia, 5 years ago
After I saw the doctor at the beauty clinic, I recuperated at this condo. It is a Bangkok Hospital affiliate, and there is a service center in this condo. I said that it is the best accommodation and the staff serves good services. The condo atmosphere is quiet and pleasant. There are amenities in the room. The condo is also new and has just been completed for a year. Everything is new and easy to take the service. One more thing, it is close to Kamala Beach. It is convenient to go to the beach or even swim without using a car.
New project in Kamala
Panadda Choo, Thailand, 6 years ago
It's a new project in the Kamala area, close to Phuket Fantasea. There are 2 room types, which are 1 and 2 bedrooms. The furniture in the room is of good quality and lasts for a long time. The common area also offers facilities to serve many residents, including the infinity pool, a rooftop restaurant, a fitness room, a yoga room, and a spa. Oh, and most importantly, there are general medical services, dentists, and beauty clinics from the Bangkok Hospital Group as well as a health center, detox, and anti-aging. I highly recommend it!
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby CITYGATE

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Kamala Nathong
Location
Kamala, Kathu, Phuket
Number of units
43
Sales Prices
$437.07K - $1.05M
▼ -9.5% underpriced
Monthly Rentals
$1.31K - $2.51K
Year Built
Dec 2005
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
278
Sales Prices
$81.59K - $815.86K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
PP Grand Kamala
Location
Kamala, Kathu, Phuket
Number of units
18
Sales Prices
$154.43K - $201.05K
Monthly Rentals
N/A
Year Built
Oct 2021
Completion Status
Completed
Project Name
Villa Cheloni
Location
Kamala, Kathu, Phuket
Number of units
N/A
Sales Prices
$305.95K
Monthly Rentals
$1.6K - $2.62K
Year Built
Jun 2017
Completion Status
Completed
Project Name
Kamala Paradise 1
Location
Kamala, Kathu, Phuket
Number of units
31
Sales Prices
$151.52K - $335.09K
▼ -46% underpriced
Monthly Rentals
$1.4K
Year Built
Jun 2008
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
164
Sales Prices
$75.76K - $142.78K
Monthly Rentals
$874
Year Built
Dec 2024
Completion Status
Off Plan
Project Name
Goldena Hillside
Location
Kamala, Kathu, Phuket
Number of units
40
Sales Prices
$335.09K - $364.23K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Jungle Village
Location
Kamala, Kathu, Phuket
Number of units
2
Sales Prices
$174.83K
▲ 10% overpriced
Monthly Rentals
$1.02K - $1.6K
Year Built
Dec 2011
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
7
Sales Prices
$317.6K - $985.16K
▲ 6% overpriced
Monthly Rentals
$1.95K - $2.33K
Year Built
Jan 2017
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
N/A
Sales Prices
$174.68K
Monthly Rentals
N/A
Year Built
Jun 2017
Completion Status
Completed
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