3 Bedroom Townhouse for sale at Lake Town

(2 Reviews)
Kamala, Kathu,Phuket
Unit ID: U19302
10% Rental Yield
3 Bedrooms
3 Bathrooms
240 SqM Indoor Area
4 Storeys
Nov 2015 Completed

About This Townhouse

This property is a 240 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Lake Town project in Kamala, Phuket and was completed in Nov 2015. You can buy this townhouse for a base price of ฿10,000,000 (฿41,667/SqM).

Live the High-Life by the Lake in Kamala!

Up your real estate game with this unique and sought-after Lake Town in Kamala, Phuket! Boasting a huge 240 SqM of premium land, this 3-bed, 3-bath townhouse is perfect for a small family or as a holiday home.This stunning property was completed to an incredibly high standard back in November 2015, so you don't even have to worry about renovations, simply move in and enjoy the luxury. But not just that, you get all the cutting-edge design for a super price, with a base of just ฿10,000,000 (that's a cool ฿41,667 per SqM!).We know you'll be blown away by this amazing setup and delicious lake town atmosphere. You'll have access to all the amazing amenities too, from communal swimming pools and outdoor recreation areas to covered car parks and 24/7 security on-site. What's more - you're only a stone's throw away from some of the best attractions in Kamala and the surrounding areas.Don't miss out on this fabulous opportunity! Be quick and enquire today to discover more about this gorgeous townhouse, and how you and your family could be calling it home. You'll be wishing you could stay for good in no time!

Features

Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Nov 4, 2016
Updated 3 years ago
Property Type Townhouse
Storeys 4
Location Kamala, Phuket
Bedrooms 3
Nearest Landmark Kamala Beach -1.2 Km
Indoor Area 240 SqM
Price per SqM ฿41,667
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
90 SqM
Plot Size 102 SqM
Pets Not Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed (Nov 2015)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Mountain View
Unit Type N/A
Parking Spots 2
Pool Size 7.1x2.4x1.5
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U19302

Investment Opportunity: Charges & Yield

Sale Price
฿10,000,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
10
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom townhouses at Lake Town, and the current sales price.
10%

Project Details

Project Name: Lake Town
Developer: Ocean Group Asia
Construction: Completed (Nov 2015)
Units: 17
Project Area: N/A
Nearest Landmark Kamala Beach - 1.2 Km
Location: Kamala, Phuket
Lake Town Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Lake Town

For Sale 4 For Rent 2
Get notified when new homes are being added to Lake Town
View All (4)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Lake Town including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Kamala Beach is the nearest Beach from Lake Town and it is 1.2 km away.

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

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

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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.

  • - 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.

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

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

Read more here

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.

 

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
An affordable townhouse by the lake
Anitra Johansen, Norway, 4 years ago
I decided to buy 4 fully-furnished bedrooms here as a vacation home. The main reason is close to Kamala Beach, only 5 minutes drive. You are ready to move in. The living room is decided in the semi-outdoor style, and there is a small pool where you can chill during the day. The surrounding atmosphere is exceptionally relaxing because my house is lakeside. More importantly, the price is affordable compared to other places in the area.
It is worthwhile for the investment!
Paul Rogers, United Kingdom, 6 years ago
I really like this project as it is in Kamala, which is regarded as a quiet area. There are various facilities all around, including shops, restaurants, and markets. The project is close to Kamala beach, Phuket Fantasea. In addition, you can drive to Patong Beach in less than 15 minutes. The atmosphere of the project is shady with lake and mountain views. The townhouse has four floors; the usable area is extensive, suitable for housing large families or renting as an office. There are 3 bedrooms with en-suite bathrooms. The material used for the construction looks durable. In addition, there is also tight supervision by the security guards. And the most important thing is the price is affordable. I’m sure that it is worthwhile for the investment!
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

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