Unit ID: U1364114
9% Rental Yield
Kamala, Kathu,Phuket
$842,000 $1,020,000
3 Bedrooms
3.5
Bathrooms
4,521 Sqft
Size
1
Floor
May 2019
Completed

About This Penthouse

This property is a 4,521 Sqft penthouse with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Kamala, Phuket and was completed in May 2019. You can buy this penthouse for a base price of $842,000 ($186/Sqft).

Elevated Penthouse with Sea Views

Include Maids Room-Secure complex. Never been used

Features

Private PoolPrivate Pool Maids QuartersMaids Quarters BalconyBalcony Outdoor ShowersOutdoor Showers MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 3, 2023
Updated 1 year ago
Property Type Penthouse
Floor 1
Bedrooms 3
Size 4,521 Sqft
Price per Sqft $186
Pets Cats and Dogs (small only)
Penthouse 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) Sea View, Mountain View, City View
Unit Type N/A
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.
$552/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1364114

Investment Opportunity: Charges & Yield

Sale Price
$842,000
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.
$552/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.
12
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 3 bedroom penthouses at Grand Kamala Falls, and the current sales price.
9%

Project Details

Project Name: Grand Kamala Falls
Developer: Soticon group
Construction: Completed (May 2019)
Floors: 6
Buildings: N/A
Units: 77
Project Area: N/A
Nearest Landmark Kamala Beach - 2 Km
Location: Kamala, Phuket
Grand Kamala Falls Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa

Available Units at Grand Kamala Falls

For Sale 27 For Rent 9
Available Units at Grand Kamala Falls
$465,000
$180/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,583 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$377,000
$141/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,680 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$231,000
$233/Sqft
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Updated 3 weeks ago
Available Units at Grand Kamala Falls
$395,000
$226/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,744 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$205,000
$271/Sqft
Beds 1 Beds
Baths 1 Baths
Size 753 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Garden View
Updated 1 month ago
Available Units at Grand Kamala Falls
$582,000
$193/Sqft
Beds 3 Beds
Baths 3 Baths
Size 3,014 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at Grand Kamala Falls
$292,000
$301/Sqft
Beds 2 Beds
Baths 2 Baths
Size 969 Sqft Size
Floor 2 Floor
Leasehold Fully Furnished Garden View
Available Units at Grand Kamala Falls
$202,000
$201/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,001 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Grand Kamala Falls
$804,000$848,000
$178/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,521 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Sea View
Available Units at Grand Kamala Falls
$611,000
$227/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,691 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Grand Kamala Falls
$255,000
$263/Sqft
Good Price
Beds 2 Beds
Baths 2 Baths
Size 969 Sqft Size
Floor 2 Floor
Leasehold Unfurnished Pool View
Available Units at Grand Kamala Falls
$760,000$862,000
$164/Sqft
Great Price
Beds 4 Beds
Baths 5 Baths
Size 4,628 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished Partial Sea View
Available Units at Grand Kamala Falls
$842,000$1,020,000
$186/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,521 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Sea View
Available Units at Grand Kamala Falls
$468,000
$181/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,583 Sqft Size
Floor 1 Floor
Company Fully Furnished Pool View
Available Units at Grand Kamala Falls
$336,000
$164/Sqft
Beds 2 Beds
Baths 2 Baths
Size 2,045 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$672,000
$250/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,691 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Grand Kamala Falls
$240,000
$247/Sqft
Beds 2 Beds
Baths 2 Baths
Size 969 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$541,000
$228/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,368 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Grand Kamala Falls
$482,000$555,000
$191/Sqft
Beds 2 Beds
Baths 3 Baths
Size 2,530 Sqft Size
Company Unfurnished Sea View
Available Units at Grand Kamala Falls
$219,000
$291/Sqft
Beds 1 Beds
Baths 1 Baths
Size 753 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$260,000
$260/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,001 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Grand Kamala Falls
$210,000
$278/Sqft
Beds 1 Beds
Baths 1 Baths
Size 753 Sqft Size
Floor 3 Floor
Leasehold Unfurnished Pool View
Available Units at Grand Kamala Falls
$231,000
$236/Sqft
Beds 2 Beds
Baths 2 Baths
Size 980 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Pool View
Available Units at Grand Kamala Falls
$256,000$263,000
$253/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,012 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Pool View
Available Units at Grand Kamala Falls
$210,000
$278/Sqft
Beds 1 Beds
Baths 1 Baths
Size 753 Sqft Size
Floor 2 Floor
Leasehold Unfurnished Pool View
Available Units at Grand Kamala Falls
$210,000$248,000
$278/Sqft
Beds 1 Beds
Baths 1 Baths
Size 753 Sqft Size
Floor 1 Floor
Leasehold Unfurnished Pool View
Available Units at Grand Kamala Falls
$218,000
$289/Sqft
Beds 1 Beds
Baths 1 Baths
Size 753 Sqft Size
Floor 2 Floor
Leasehold Unfurnished Pool View
Get notified when new homes are being added to Grand Kamala Falls
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Grand Kamala Falls.
The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $552 for this penthouse. 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 Grand Kamala Falls the required payment for the sinking fund is $21 per square meter based on the size of the indoor area of the property.
Kamala Beach is the nearest Beach from Grand Kamala Falls and it is 2 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 Grand Kamala Falls you have to follow these steps:

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

 


Paymet Term
Installment Milestone Payment
Reservation Deposit
Immediately
$2,920
1st Installment
Upon contract signing
50%
2nd Installment
Interior Completed
25%
3rd Installment
On handover
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

5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This project is really like a hotel
Suwannee N., Thailand, 4 years ago
This project is really like a hotel that has everything such as fitness, restaurant, spa, a swimming pool in every building. Also, there is a cleaning service as well. The room I stay in has 1 bedroom with a Jacuzzi and complete necessities for living. Calm atmosphere! The project is located on the hill with a wonderful view. It is a very suitable place for relaxing. Plus, the location is not far from Kamala Beach, Phuket Fantasea and Patong Beach.
Good place to stay!
Zara Ross, Australia, 4 years ago
This project is really like a hotel that has everything such as fitness, restaurant, spa, a swimming pool in every building. Also, there is a cleaning service as well. The room I stay in has 1 bedroom with a Jacuzzi and complete necessities for living. Calm atmosphere! The project is located on the hill with a wonderful view. It is a very suitable place for relaxing. Plus, the location is not far from Kamala Beach, Phuket Fantasea and Patong Beach.
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Grand Kamala Falls

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
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Project Name
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Number of units
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Sales Prices
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▲ 21.1% overpriced
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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▲ 34% overpriced
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Kamala Nature
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Kamala, Kathu, Phuket
Number of units
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Sales Prices
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▼ -6.7% underpriced
Monthly Rentals
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Project Name
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Number of units
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▼ -38% underpriced
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Year Built
Nov 2013
Completion Status
Completed
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