Naka BAY Sea View Condominium
Your dream holiday property. 7% Guaranteed Rental Return for 15 years.
Designed for nature lovers, the peaceful Naka Bay Sea View Condominium offers an opportunity to secure a secluded unit with a guaranteed return on investment. Tucked away in the hills of Kamala, Naka Bay Sea View Condominium features one-bedroom units surrounded by Phuket’s lush nature.
The Project
Naka Bay Sea View Condominium is a modern, luxurious development featuring units of 35 square meters. The location is off the beaten path and gives way to amazing views. The sea view condominium is located just 200 meters from Naka Beach.
Each sea-view unit has a private balcony with a rooftop sunbath platform, offering owners the chance to unwind and appreciate the natural surroundings.
Naka Bay Sea View Condominium has a wonderful location in the Kamala Hills, with splendid views of Kamala Bay. The sea view condominium is modern and contemporary while being surrounded by nature. The one-bedroom sea view units feature an open plan kitchen, as well as open plan living and dining areas with ample space.
The tropical grounds of the Naka Bay Sea View Condominium are a natural green space. There is a common swimming pool, surrounded by landscaped gardens and terrific sea views.
Location
Naka Bay Sea View Condominium is nestled in the hills of Kamala. The location is surrounded by towering palm trees and is a nature lover’s dream. The tranquil area is a few steps away from Naka Beach and affords splendid sea views. The central neighborhood of Kamala is just a few minutes’ drives from the condo with sea view.
Kamala is home to great restaurants, vibrant local markets, and a variety of cafes & pubs. Kamala Beach is an expansive stretch of white sand as well as a favorite family-friendly beach for locals and ex-pats. 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 Airport is within close proximity as it is just 27 km away.
FEATURES
- Property Type: Sea View Condominium
- Plot Size (sqm): 17,308
- Layout: 35sqm, 1 bedroom
- Total Units: 292
- Ownership: Freehold or Leasehold with 7% NET guarantee yield for 15 year
- Style: Tropical / Contemporary
- Kitchen: Open plan kitchen
- Living Room: Open plan living area
- Swimming Pool: Common Swimming Pool
- Balcony: Private with rooftop sunbath platform
- View: Sea View / Garden View
- Distance from the sea: 200 meters
Safe Investment with Guaranteed Return
This prime real estate investment, with wonderful views of Kamala Bay, comes with a 7% NET rental guarantee for the next 15 years. The enviable location is just steps from Naka Beach and 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.
Competition in this idyllic area is limited. The one-bedroom units are tucked away amongst nature, yet close to the local Kamala Beach and not far from the hustle and bustle of Patong. Naka Sea View Condominium is located in a tranquil area, surrounded by nature with easy access to both Naka and Kamala beaches.
MASTER PLAN
FLOOR PLANS
Purchase Conditions
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.
Buy-Back Option
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.
Payment Terms
200,000 baht reservation deposit+10.000 THB Lawyer’s fee
40% upon signing the Purchase Contract within 30 days from the signature of Reservation Agreement.
20% upon completion of infrastructure.
15% upon building foundation completion
15% upon building structure completion
10% (minus deposit) upon keys handover
Owner benefits
- 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.
APARTMENT RENDERING
Naka Bay Sea View Condominium
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