Kamala Bay Ocean View Cottages

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Kamala, Kathu, Phuket

7% GUARANTEED RETURN FOR 15 YEARS
Jan 2022 Off Plan
300 Units

Kamala Bay Ocean View Cottages in Kamala, Phuket

Kamala Bay Ocean View Cottages is a house and villa project located in Kamala, Phuket and it is scheduled for completion in Jan 2022. It has 300 units and was developed by Phuket Holiday Services (PHS) Property, who is also behind Patong Bay Residence 3, Patong Bay Sea View Residence and Patong Bay Ocean View Cottages.

About Kamala Bay Ocean View Cottages

Kamala Bay Ocean View Cottages is newest launch of the most exciting property designs in the Phuket market. Located hillside on the exclusive Millionaire's Mile in Kamala. With stunning sea view properties available, buyers have the selection between pool or jacuzzi suites.

The project offers 300 brand new Cottages with completion in stages and finalized in 2022.

The Cottages are all 1-bedrooms and range from 65 to 75 sqm in size.

The most affordable Cottage is available on a promotional basis starting at 6.9 million THB. The largest Cottages with premium seaview are priced at reasonable 10.9M THB.

DEVELOPER

The developer has launched and completed a number of high quality projects in Phuket. They are operating a number of projects, hotels, restaurants, tour company, accounting firm etc.

RENTAL GUARANTEE

  • Mandatory 7 % net rental guarantee (only subject WHT) for 15 years.
  • No monthly fees, no electricity, no maintenance and no sinking fund.
  • The rental guarantee is payable by the Seller on an annual basis starting one year after final payment and handover.

 

BUYBACK OPTION

Optional choice for owners to sell their Cottages back to the Developer after 10 years at the original price.

SIMPLE OWNERSHIP

The entire project is sold on renewable leasehold structure of 90 years. In the event of a resale, the original lease terms will be reset for another 90 year term to a new owner.

One of the best property investment opportunities in Phuket - Contact us today for exclusive discounts

Prices by Room Types

Facilities

Leisure
Clubhouse
Spa
Safety
24H Security
CCTV (Video Surveillance)
Convenience
Car Parking
Reception Lobby Area

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
On completion
10%
5th Installment
On handover
10%

About the Developer - Phuket Holiday Services (PHS) Property

All Phuket Holiday Services (PHS) Property Projects
11 Projects 3,377 Units

We sell what we build! At Phuket Holiday Services you’re dealing directly with the developer. Our Phuket Island projects range from a 30 square meters studio units to 900 square meters independent villa. Purchasing a property with Phuket Holiday Services will be a valuable asset, will be a secure investment and can give you high yearly profit by participating to our Rental Pool Program or our Rental Guarantee Program. Finding and purchasing a home abroad that will meet your needs, now and in the years to come, can be a significant and often stressful time.

At Phuket Holiday Services, our goal is to make this transition as smooth as possible for you thanks to our large and professional team whom will help you to choose the right property, will assist you during the transaction and provide you with five star after-sale services.

Frequently asked questions

Kamala Bay Ocean View Cottages offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 15 Years.
Read more here.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30 year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.  

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

What is the process of a property purchase in Thailand?

 

After you have found the right property you have to follow these steps:

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Instalments

  • Snag List

  • Transfer

  •  

    Read more here

     

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    Thailand

    Kamala

    Neighborhood Overview

    Location and Neighborhood

    Street View


    Surrounding area

    Kamala Bay Ocean View Cottages is located 1190 from 7-Eleven and it can be reached within 3 mins by car.

    There are many other shops situated in the area of Kamala Bay Ocean View Cottages, the 3 closest being:
    - TIM - The local supermarket is 1.8 km away (an approx. drive of 3 mins.)
    - 7-Eleven is 2.2 km away (an approx. drive of 5 mins.)
    - 7 Eleven is 1.8 km away (an approx. drive of 5 mins.)

    The surrounding area, where Kamala Bay Ocean View Cottages is situated, offers a wide variety of restaurants. See the closest of them below:
    - Sunset Grill at Hyatt Regency Phuket is 630 m away (a walk of about 12 mins.)
    - White Orchid Restaurant is 180 m away (a walk of about 5 mins.)
    - Plum Prime Steakhouse is 730 m away (a walk of about 13 mins.)

    Happy Pharmacy is the nearest health facility, which is 2.3 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Kamala Bay Ocean View Cottages are:
    - 36 th Rajaprajanugroh School is 1.4 km away (an approx. drive of 4 mins.)
    - iYOGA Phuket is 2.3 km away (an approx. drive of 6 mins.)
    - Ban Nuea Community Learning Center is 2.8 km away (an approx. drive of 7 mins.)

    Phuket International Airport is located 29.1 km from Kamala Bay Ocean View Cottages and it takes about 47 mins. by car or taxi (depending on the traffic) to get there.