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Modern 1-Bedroom Condo for Sale at CityGate Kamala
Located on the 3rd floor of the popular CityGate development in Kamala, this stylish 35 sq.m. condominium offers a comfortable living space with beautiful green views and a peaceful atmosphere.
The unit features 1 bedroom, a functional layout, and is maintained in fresh, excellent condition. Fully ready to move in or continue generating rental income immediately, making it a great option both for investment and personal use.
Property Highlights:
• 35 sq.m. interior area
• 1 Bedroom
• 3rd Floor
• Beautiful greenery view
• Fresh and well-maintained condition
• Income-generating investment property
• Located in the sought-after CityGate Kamala development
• Close to Kamala Beach, cafes, restaurants, and all local amenities
A perfect turnkey investment opportunity in one of Phuket’s most popular rental areas.
Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.
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Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at CITYGATE you have to follow these steps:
CITYGATE Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment within 14 days from the date of reservation 50% 2nd Installment 1 months after contract signing 25% 3rd Installment within 15 days from inspection notice 25%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.