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Flat 26 м² in Patong, Thailand

115 981 $

4 460 $ /м²

4OVKk
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Area

26 м2

Bedrooms

1

Bathrooms

1

ADM Platinum Bay Administration

The Platinum Bay project is located on Kamala Beach, in the middle of Phuket's west coast, close to the main coast road. It is a great place to get around the island as any point is accessible within 45 minutes. Kamala is a beautiful beach of high quality and is known as the most beautiful beach with the best beach resorts on Phuket Island. Many vacation villas of rich celebrities are located here, which is why this area is also called "millionaire street". In addition, the only palace of Thailand's royal dynasty is located here. Therefore, Kamala Bay is also known as the 'Royal Bay.

Additional details

Property type

Residential Properties

Object type

Flat

Price

115 981 $

FAQ

In Thailand a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Patong; 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 Patong 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 (115 981 $) 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 Patong: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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