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Flat 47 м² in Phuket, Thailand

ID 4OfCM
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Area
47 m²
Bedrooms
1
To sea
380 m

Description

Flat in Phuket. City - Phuket

Luxury apartment near the sea managed by MGallery. The project is located on the beach of Kamala, which is the legendary beach club Cafe del Mar.

The complex will function as a hotel. The management company offers a contract for actual rental income. Ideal for those who want to relax with comfort and make a profit!

Income:

  • Guaranteed income of 6% per annum for 3 years.Further offered the program «Rental Pool»dividing the total income 40% to the owner, 60% of the hotel. All costs of marketing and management are borne by the hotel operator. Revenue will be from 7 to 9%.
  • Either actual income, which is projected to be 7-10%

39 small buildings, 2-5 floors high — a total of 236 apartments with beautiful views of the lake or tropical mountains. Each apartment has a large terrace with a recreation area. In general use:

  • restaurant and bar
  • bar by the pool
  • Gym and yoga studio
  • children's club
  • children's pool
  • outdoor relaxation zone
  • Reception
  • Shuttle bass to the beach
    • ul>
  • Up/li>Up to the design of Thailand. The complex will operate as a hotel under the management of the international hotel brand MGallery, which is part of the ACCOR HOTELS. 

    The price includes: finishing, plumbing, built-in kitchen, built-in wardrobes, air conditioning.

    MGallery – this is a collection of themed hotels dedicated to people who love life, literature and culture. Each MGallery hotel opens the door to another world, whether it is a past era, a lost paradise or an impressive natural landscape.

    Property owners will receive a club map of the area, where they can use all the infrastructure of neighboring hotels and restaurants with discounts.

    Types of apartments:

      Studio 47-54 sq/m from $ 261 266
    • Apartments with 1st bedroom 56-70 sq/m 

      • Airport -25 minutes by car Yacht club - 25 min by car

      Drafting: 4 quarter 2024

      Installment: interest-free installments for the construction period.

      Price updated: 21.02.2024

Characteristics

Property type
Residential Properties
Object type
Flat
Price
293 762 $
Year of construction
2024

Services and facilities

  • Furniture
  • Balcony or terrace
  • Pool

Infrastructure

  • Playground

Purchase method

  • Installment plan

Distance to key points (meters)

To sea
380 m

Location

Window view
Sea View, Mountain View
Approximate location
Open in Google Maps

FAQ

How can I get a residence permit by buying property in Thailand?

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.

Is a mortgage available for non-residents in Thailand?

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.

What taxes and fees apply when buying in Thailand?

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.

How is the title checked in Thailand?

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.

Can I rent out property after purchase in Thailand?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (293 762 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Thailand?

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).

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Flat with sea view in Phuket, Thailand