Unit ID: U1877214
16% Rental Yield
Kamala, Kathu,Phuket
$586,000
3 Bedrooms
3.5
Bathrooms
2,002 Sqft
Indoor Area
1
Storeys
May 2024
Completed

About This Villa

This property is a 2,002 Sqft villa 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 2024. You can buy this villa for a base price of $586,000 ($293/Sqft).

Brand new 3 Bedroom villa with pool in Kamala

Just completedFully furnished Included dish washer 

Features

Outdoor ShowersOutdoor Showers BathtubBathtub

Basic Information

Date Listed Jun 19, 2024
Updated 5 months ago
Property Type Villa
Storeys 1
Location Kamala, Phuket
Bedrooms 3
Nearest Landmark Kamala Beach -2 Km
Indoor Area 2,002 Sqft
Price per Sqft $293
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 3,348 Sqft
Pets All Kind of Pets Allowed
Villa Ownership

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

Foreign Ownership
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.

Company, Leasehold
Land Title Deed N/A
Construction Completed (May 2024)
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) Pool View, Garden View
Unit Type N/A
Parking Spots 1
Pool Size 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.
$228/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1877214

Investment Opportunity: Charges & Yield

Sale Price
$586,000
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.
$228/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.
6
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 villas at Kamala Garden View, and the current sales price.
16%

Project Details

Project Name: Kamala Garden View
Developer: Soticon group
Construction: Completed (Dec 2019)
Units: 12
Project Area: 53,820 Sqft
Nearest Landmark Kamala Beach - 2 Km
Location: Kamala, Phuket
Kamala Garden View Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area

Available Units at Kamala Garden View

For Sale 2 For Rent 1
Get notified when new homes are being added to Kamala Garden View
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Frequently Asked Questions

All kind of pets are allowed at Kamala Garden View including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $228 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 Kamala Garden View the required payment for the sinking fund is $15 per square meter based on the size of the plot size of the property.
Kamala Beach is the nearest Beach from Kamala Garden View and it is 2 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 Kamala Garden View you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
$2,930
1st Installment
Upon contract signing
35%
2nd Installment
On Completion of pitched roof
25%
3rd Installment
On Completion of villa lock up
25%
4th Installment
On handover
15%


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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a beautiful luxury villa project.
Sara Walker, United States, 4 years ago
It is a beautiful luxury villa project, and the design to be very inviting, very relaxing. There are two types of villas: 2 and 3 bedrooms with a usable area starting from ​​147 SqM. To me, it’s considered large and suitable for living with many people. The indoor space is decorated with good quality furniture. Nice swimming pool and a shady scaped garden which is eye-soothing. The project also has several facilities, including a clubhouse, reception, gym, and more. The atmosphere is warm and refreshing because of the mountains surrounding all the area. Very close to Kamala Beach and Phuket Fantasea as well, just 5 minutes drive from the project!
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Kamala Garden View

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
Lake Town
Location
Kamala, Kathu, Phuket
Number of units
17
Sales Prices
$234.31K - $292.89K
▼ -36% underpriced
Monthly Rentals
$1.99K - $2.34K
Year Built
Nov 2015
Completion Status
Completed
Project Name
Goldena Twin
Location
Kamala, Kathu, Phuket
Number of units
12
Sales Prices
$328.03K - $336.82K
Monthly Rentals
N/A
Year Built
Nov 2024
Completion Status
Completed
Project Name
Kamala Regent
Location
Kamala, Kathu, Phuket
Number of units
79
Sales Prices
$155.23K - $524.82K
▲ 34% overpriced
Monthly Rentals
$586 - $2.34K
Year Built
Dec 2009
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
7
Sales Prices
$319.24K - $990.24K
▲ 6% overpriced
Monthly Rentals
$1.96K - $2.34K
Year Built
Jan 2017
Completion Status
Completed
Project Name
Sugar Villa
Location
Kamala, Kathu, Phuket
Number of units
6
Sales Prices
$1.08M - $2.08M
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Kamala, Kathu, Phuket
Number of units
15
Sales Prices
$641.42K - $729.28K
▲ 22% overpriced
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
7
Sales Prices
$875.73K
Monthly Rentals
N/A
Year Built
Nov 2019
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
12
Sales Prices
$243.09K
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
Feb 2019
Completion Status
Completed
Project Name
Villa Cheloni
Location
Kamala, Kathu, Phuket
Number of units
N/A
Sales Prices
$307.53K
Monthly Rentals
$1.61K - $2.64K
Year Built
Jun 2017
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
N/A
Sales Prices
$204.87K
Monthly Rentals
N/A
Year Built
Jun 2017
Completion Status
Completed
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