Studio Condo for sale at Nakalay Palm

(1 Review)
Kamala, Kathu,Phuket
Unit ID: U1391876
4% Rental Yield
Studio Bedroom
1 Bathroom
48 SqM Size
Ground Floor Floor
Dec 2009 Completed

About This Condo

This property is a 48 SqM studio condo with 1 bathroom that is available for sale. It is part of the Nakalay Palm project in Kamala, Phuket and was completed in Dec 2009. You can buy this condo for a base price of ฿3,500,000 (฿72,917/SqM).

Discounted Absolute Nakalay Palm freehold studio apartment

Absolute Nakalay Palm is located on a private cove of peaceful Nakalay Beach on the Western coast of Phuket Island. This spacious 48 SQM studio suite is located on the pool floor of the Nakalay Palm Resort. The unit comes with furniture and working desk and is fully air-conditioned and equipped with European kitchen with dining zone, as well as windows opening into the spacious terrace for you to enjoy the sea breeze. This condo for sale is located in the Nakalay Bay area in Kamala, approximately 10-15 minutes between Patong and Surin Beach on the west side of Phuket island and in close proximity to Kamala Beach, HQ Beach Club and Café Delmar Beach Club as well as local shops, restaurants and bars. The project also comes with a wide range of amenities, a fully equipped gym, a swimming pool, or relaxation with a signature cocktail from Nakalay Palm's bar.  Moreover, the project is located close to the heart of Patong, where you can enjoy the fun in the city of lights. 

Features

BalconyBalcony

Basic Information

Date Listed Apr 5, 2023
Updated 11 months ago
Property Type Condo
Floor Ground Floor
Bedroom Studio
Size 48 SqM
Price per SqM ฿72,917
Pets All Kind of Pets Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Pool View, Garden View
Unit Type N/A
Building Nakalay Palm
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.
฿2,880/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1391876

Investment Opportunity: Charges & Yield

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.
฿2,880/mo
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.
23
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 studio condos at Nakalay Palm, and the current sales price.
4%

Project Details

Project Name: Nakalay Palm
Developer: Nakalay Palm
Construction: Completed (Dec 2009)
Floors: 4
Buildings: 1
Units: 31
Project Area: 3,200 SqM
Nearest Landmark Kalim Beach - 1.8 Km
Location: Kamala, Phuket
Nakalay Palm Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at Nakalay Palm

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor
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Frequently Asked Questions

All kind of pets are allowed at Nakalay Palm including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿2,880 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Kalim Beach is the nearest Beach from Nakalay Palm and it is 1.8 km away.

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.

 

Read more here

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

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

 


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

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Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Accommodation among nature. It's a great rest.
Wilhelmina Branam, Belgium, 5 years ago
We stayed here for the weekend. It's a wonderful time. The room I rented in is a studio. It was generally perfect. The room is clean, beautifully decorated, the project facilities are excellent and complete, such as a swimming pool, fitness center, relaxation zone, or sunbathing around the pool. Every morning I wake up, I can experience the sea view that can be seen from the room's balcony. I felt full of breath. It was a good rest for me. Besides, I am impressed with the service and good treatment of all employees. The receptionists are always friendly. The hotel staff is accommodating, polite, and attentive. Nakalay Palm is an easily accessible condo and easy to get around. Also, it can call a taxi easily as well.
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

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