104 251 $
Flat with 1 bedroom in Phuket, Thailand
Phuket, Thailand
The Palmyrah Condominium is located on the world famous paradise island of Phuket and only 300 meters away from the magical Surin Beach. Everything in this condominium is...
Flat in Phuket. City - Phuket
The interior of each apartment is done in soft, light tones. And the design findings allowed to create space even in the smallest apartments. The cozy 36 sq.m studio very successfully accommodated a double bed, bedside tables, wardrobe, sofa bed with a seating area, equipped kitchen and dining area, and a barely noticeable glass partition visually divided the bedroom and living room, which will be appreciated by families with children. Description The Title Naiyang - a modern resort complex consisting of seven buildings of 6 and 7 floors and totaling 472 apartments: studios 36-39m2, one-bedroom apartments with an area of 46m2 or two-bedroom apartments, the territory of the complex is fenced and under round-the-clock video surveillance and security. The project concept and design are somewhat unusual for Thailand, the finish of the complex uses red brick and it more resembles a medieval castle than a modern Asian condominium. The apartments have a convenient layout, in light gray-blue tones. The common area is a beautiful, well-kept park, along the buildings flows a river, which gives the project a certain charm and beauty of merging modern urban architecture with nature. Infrastructure The complex has its own restaurant, which offers guests breakfast, lunch and dinner a-la carte. From each building there is an exit to the common pool and well-kept garden. Each building has 5 pools on the 1st floor level, and the sixth one is on the rooftop of one of the buildings. The same rooftop has a relaxation area. Guests of the complex have access to a free gym, two saunas, a reception, a children's play area in the form of a pirate ship. Parking for 240 cars is organized on the south side of the building and is separated by greenery and a fence. Nearby The complex fits perfectly into the surrounding tropical environment, and a walk to the beach will bring you true pleasure. Just 5 minutes and you will be on one of the most stunning beaches of Phuket - Nai Yang. A small, cozy beach less than 3 kilometers long, whose waters are protected by coral reefs, will allow you to enjoy swimming in the sea all year round, regardless of the season. Since 1986, this beach has been part of the Sirinath National Park marine reserve and all motor sports are prohibited on it. Along the beach, there is a wide selection of restaurants, bars, and cafes. The Title project is separated from the beach by the famous 5* hotel The Slate with excellent high cuisine restaurants. A five-minute walk away is the local food market and mini markets. Who is it for The proximity to the sea and low prices make this project one of the most attractive on the island. And the feature of Nai Yang beach, where there are never waves, even in the low season, makes the project popular all year round. The water entry is very shallow, so the beach is loved by families with small children. The low cost of apartments for rent as well as for purchase makes the project accessible to all interested.
In Thailand a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Phuket; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Thailand finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Thailand takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Phuket short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (104 251 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Phuket: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).