Developer Payment Plans / Installment Purchase
Coral Beach Oceanview Resort
Phuket, Thailand
About This Property
Coral Beach Oceanview Resort is a condominium project by Kang Developments located in Patong, Phuket. The development offers units with 1, 2, and 3 bedrooms, ranging in size from 49 to 154 sq. m. Construction is currently underway, with completion scheduled for Q4 2026. Prices start from THB 8,085,000. The project suits buyers looking for a well-equipped residence in one of Phuket's most active districts. On-site amenities include: • Smart Home System • Swimming Pool • Gym • Garden • BBQ Zone
Opportunity Terms
- Starting Price
- $245,625
- Handover Quarter
- Q4 2026
- Payment Plan Summary
- 6-step installment plan
- Fees
- Freehold (Condominium) (~2-6.3%): Transfer fee 2% + stamp duty 0.5% (or SBT 3.3% if seller held < 5 years) + withholding tax. Total burden varies; split between parties is negotiable Leasehold (Lease) (~0.55%): Registration fee - 1% of total lease value + 0.1% stamp duty. Effective buyer cost ~0.55% of purchase price
- Projected Rental Yield
- 6.9%
Payment Schedule — Active plan
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation fee | — | THB 200,000 | Reservation fee |
| Payment 1 Sign contract | 30% | THB 2,426,000 | Payment 1 Sign contract |
| Payment 2 Foundations | 20% | THB 1,617,000 | Payment 2 Foundations |
| Payment 3 Roof Structure | 20% | THB 1,617,000 | Payment 3 Roof Structure |
| Payment 4 Windows/Doors Installed | 20% | THB 1,617,000 | Payment 4 Windows/Doors Installed |
| Payment 5 Final upon Transfer of Title | 10% | THB 809,000 | Payment 5 Final upon Transfer of Title |
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 53,000
Est. Monthly Income
THB 38,000
Est. Annual Income
THB 452,000
Gross Yield
7.5%
Net Yield
5.6%
Est. 5-Year Value
THB 11,340,000
Est. 5-Year ROI
68%
Assumptions
Provider default: purchase price 8,085,000, monthly rent 53,000, occupancy 95%, annual appreciation 7%.
Provider/market-based estimates for informational purposes only. Actual rental income, occupancy, expenses, appreciation and returns may vary. Projections are not guaranteed.
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
Neighborhood
To sea: 2015 m. Hillside area above Patong, within 1.3 km of both Freedom and Patong beaches. The strip, markets, and dining are all reachable on foot or by short taxi. Popular with tourists and short-term renters seeking beach access without being on the main road. Two beaches within 1.3 km • Jungceylon mall and Big C under 2 km • Bangla nightlife strip 1.9 km away
Daily Convenience
Four major shopping options within 2.1 km, including a large mall and two supermarkets.
Night market; street food and goods; 1.9 km.
Large mall; restaurants, cinema, shops; 1.9 km.
Big hypermarket; full grocery range; rated 4.4.
Wholesale food supplier; bulk goods; 2.1 km.
Beach & Nature
Two beaches under 1.3 km, a third at 4.5 km, and an elephant sanctuary nearby.
Secluded cove; less crowded than Patong; 1.2 km.
Main Patong beach; busy, full facilities; 1.3 km.
Long sandy beach; quieter than Patong; 4.5 km.
Ethical elephant experience; rated 4.8; 2.9 km.
Food & Dining
Four well-rated restaurants within 2.4 km, including Indian specialists and a beachfront option.
Beachfront sunset dining; cocktails; rated 4.8.
Indian cuisine; 22 000+ reviews; moderate prices.
Indian restaurant; rated 4.8; beach road location.
Ribs and BBQ; moderate prices; rated 4.7.
Health & Safety
A medical clinic 1.3 km away; specialist options and pharmacy further out at 7-9 km.
Walk-in medical clinic; rated 4.8; 1.3 km.
Dermatology specialist; rated 4.9; 7.3 km.
Health-focused pharmacy; rated 4.9; 8.6 km.
General medical clinic; rated 4.9; 8.8 km.
Kids & Education
University campus 7.8 km away; PADI dive school 9.7 km - limited local education options.
Public Thai university campus; 7.8 km away.
PADI dive school; perfect rating; 9.7 km.
Getting Around
No nearby transit hub; bus terminals and ferry pier are 12-15 km out.
Police station area; limited transit; 1.7 km.
Main bus terminal; intercity routes; 12 km.
Second bus terminal; regional connections; 13 km.
Ferry pier for islands; 15 km away.
Sports & Leisure
Spa and massage at 1.4 km; golf, dolphin experience, and day spa within 10 km.
Golf course; 18 holes; 8 km away.
Spa and massage; rated 4.5; 1.4 km.
Thai spa; rated 4.8; 7.4 km.
Dolphin interaction attraction; rated 4.6; 9.4 km.
Nightlife & Entertainment
Patong's main club strip starts 1.9 km away, with four entertainment venues within 3.7 km.
Large nightclub; capacity venue; moderate entry; 1.9 km.
Hotel bar and club; rated 4.7; 2.0 km.
Turkish restaurant with entertainment; rated 4.7; 2.7 km.
Beachfront resort bar; rated 4.5; 3.7 km.
$245,625