KAmala Bay Ocean View Cottages
Your dream holiday property. 7% Guaranteed Rental Return for 15 years.
Planned and designed for elegant yet efficient living, Kamala Bay Ocean View Cottages offer an opportunity to secure a luxury property in Phuket with a guaranteed return on investment. Located on the prestigious “Millionaire’s Mile,” an enclave of luxury villas and resorts, Kamala Bay Ocean View Cottages feature 300 one bedroom cottage units within close proximity to Kamala Beach..
Kamala Bay Ocean View Cottages are stunning one bedroom cottage units of 65 square meters. Featuring a minimalist design and contemporary interiors, the cottages come fully furnished and open up to sweeping views across Kamala Bay. Tranquil and serene, the cottages are surrounded by lush vegetation.
Each one bedroom cottage unit features either a private, open-air jacuzzi or private, sea view balcony pool offering owners the chance to unwind and relax while taking in the breathtaking vistas of the Andaman Sea.
Kamala Bay Ocean View Cottages boast a stunning location within minutes of the popular Kamala Beach. The 300 one bedroom cottage units feature open plan kitchen, living and dining areas providing ample space. The tropical and contemporary design is further enhanced by panoramic sea views, verdant garden views or natural mountain views.
The project grounds are truly a hidden, tropical oasis. There is a common area swimming pool, gym, spa, restaurants and cafes as well as a clubhouse. The peaceful grounds of the project also include adequate parking space.
Kamala Ocean View Cottages are located amongst the luxury villas and resorts of Phuket’s famous “Mil-lionaire’s Mile.” The secluded area is safe and secure while being just a short drive to the idyllic fishing village of Kamala. The local neighborhood is charming with many conveniences.
Kamala is home to great restaurants, vibrant local markets, and variety of cafes & pubs. Kamala Beach is an expansive stretch of white sand as well as a favorite family friendly beach for locals and expats. Phuket Fantasea, an exuberant show/cultural theme park that combines the rich heritage of Thailand with unique 3D effects and animals, is also nearby.
For those wishing to explore the rest of the island, Patong Beach is a short, fifteen minute drive away while Central Festival and Phuket Town can be reached in approximately thirty minutes. Phuket International Air-port is within close proximity as it is just 27 km away.
- Property Type: Sea View Cottage
- Plot Size (sqm): 103,972
- Layout: 65 & 75sqm, 1 bedroom
- Total Units: 300
- Completion Date: 2022/2023
- Ownership: Protected Leasehold with 7% NET guarantee yield for 15 year
- Style: Tropical/Contemporary
- Kitchen: Open plan kitchen
- Living Room: Open plan living area
- Swimming Pool: Private sea-view balcony pools / Jacuzzi
- Balcony: Private
- View: Panoramic Sea View and Landscape Garden / Mountain View
- Distance from the sea: 300 meters
SAFE RETURN OF GUARANTEED INVESTMENT
This prime real estate investment, with sweeping sea views, comes with a 7% NET rental guarantee for the next 15 years. The enviable location is close to Kamala Beach, which gets a high share of the rising numbers of tourists to Phuket annually. Phuket tourism revenue grew 6% to over B272 billion in 2019 alone, while the Phuket International Airport had a 10% revenue growth during the same year. Year-on-year monthly arrivals were up 8% at the end of December 2019.
Phuket Holiday Services expanding portfolio of property developments in Phuket offer an excellent opportunity to invest in a lucrative market while offering safe investment with a guaranteed return for 15 years. Kamala Bay Ocean View Cottages guarantees a 7% NET rental guarantee on your investment annually, with no need to pay monthly fees, electricity, maintenance or sinking fund for the first 15 years.
Competition in this idyllic area is limited. The cottages are set amongst nature, yet close to Kamala Beach and not far from the hustle and bustle of Patong. Kamala Bay Ocean View Cottages are located in a serene area with close proximity to all that the charming, local neighborhood of Kamala has to offer.
Rental guarantee conditions
7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid every year in advance.
After 10 years from the closing date the buyer may apply for the buy-back option and receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.
200,000.00 THB reservation deposit
35% upon signing the Purchase Contract within 30 days from Reservation Agreement
10% upon 90 days from previous installment
15% upon completion of infrastructure
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover
- Possibility for the Owner to use the unit 4 weeks in low season or 2 weeks in high season and 2 weeks in low season, free from the costs of electricity, water and monthly fee.
- The Owner can also obtain the Unit usage rights during Peak Season upon pay compensation equal to 50% of the official rental fee.