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    3 Bedroom Villa for sale at Coco Kamala
    Kamala, Kathu,Phuket
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    Sale Price
    $796,000
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    3 Bedroom Villa for sale at Coco Kamala
     (Write Review)
    Unit ID: U23134
    Kamala, Kathu,Phuket
    $796,000
    3 Bedrooms
    3
    Bathrooms
    2,949 Sqft
    Indoor Area
    1
    Storeys
    Nov 2016
    Completed
    9
    Sale Price
    $796,000

    About This Villa

    This property is a 2,949 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Kamala, Phuket and was completed in Nov 2016. You can buy this villa for a base price of $796,000 ($270/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed Jan 23, 2017
    Updated 4 years ago
    Property Type Villa
    Storeys 1
    Location Kamala, Phuket
    Bedrooms 3
    Nearest Landmark Kamala Beach -1.6 Km
    Indoor Area 2,949 Sqft
    Price per Sqft $270
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size 4,015 Sqft
    Pets N/A
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

    Foreign Ownership, Thai Ownership, Company, Leasehold
    Land Ownership

    Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

    Thai Ownership, Company, Leasehold
    Land Title Deed N/A
    Construction Completed (Nov 2016)
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) Mountain View, Pool View, Garden View
    Unit Type B
    Parking Spots 1
    Pool Size 8.90m x 3.40m
    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.
    $1,230/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U23134

    Investment Opportunity: Charges & Yield

    Sale Price
    $796,000
    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.
    $1,230/mo

    Project Details

    Project Name: Coco Kamala
    Developer: Cissa Group
    Construction: Completed (Nov 2016)
    Units: 20
    Project Area: 106,955 Sqft
    Nearest Landmark Kamala Beach - 1.6 Km
    Location: Kamala, Phuket
    Coco Kamala Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Available Units at Coco Kamala

    • All
    • 3 Beds
    Get notified when new homes are being added to Coco Kamala
    View All (11)

    Loan Calculator

    Payment Plan

    Ready to move
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $14,700
    1st Installment
    On handover
    100%
    On construction
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $14,700
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Down payment
    40%
    3rd Installment
    On handover
    30%

    Frequently Asked Questions

    All kind of pets are allowed at Coco Kamala including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $3 per square meter based on the plot size of the property and is $1,230 for this villa. 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 Coco Kamala the required payment for the sinking fund is a fixed amount of $1,470.
    Kamala Beach is the nearest Beach from Coco Kamala and it is 1.6 km away.

    The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

    In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

     

    Read more here

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

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Ready to move
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $14,700
    1st Installment
    On handover
    100%
    On construction
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $14,700
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Down payment
    40%
    3rd Installment
    On handover
    30%


    Read more here

    A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

    Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

    • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

    • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

    • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

    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

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