Developer Payment Plans / Installment Purchase
Resale · Kamala Falls Condominium
Phuket, Thailand
About This Property
This 92 sqm two-bedroom residence occupies the second floor of Kamala Falls Condominium in Kamala, overlooking the pool and surrounding tropical greenery. The price has been adjusted from THB 8,990,000 to THB 7,990,000, equivalent to THB 87,000 per square metre — a notable figure for a unit of this size in the area. The residence comprises two bedrooms and two bathrooms, fully furnished with quality finishes and premium furniture. The development offers parking, a 50-metre swimming pool, and a fitness centre. Ownership is structured as a 90-year leasehold with renewal option. Set within a quiet, verdant setting, the property is three minutes from Kamala Beach, eight minutes from Patong, and three minutes from Villa Market and Tops supermarkets. The residence presents itself equally as a considered investment, given sustained rental demand in Kamala, and as a residence for personal use.
Opportunity Terms
- Starting Price
- $273,120
- Handover Quarter
- Q4 2018
- 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
- 10%
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 95,000
Est. Monthly Income
THB 70,000
Est. Annual Income
THB 842,000
Gross Yield
13.6%
Net Yield
10.5%
Est. 5-Year Value
THB 11,206,000
Est. 5-Year ROI
93%
Assumptions
Provider default: purchase price 7,990,000, monthly rent 95,000, 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.
$273,120