Sea View Cottages Kamala for Sale 7% Rental Guarantee 15 yrs.
New Project from one of the most successful developer in Phuket.
Kamala Sea View Cottages will be develop on the famous “millionaire mile” in Kamala beach, just in front of a small beach. on the hills with an amazing sea view toward Kamala beach.
The millionaire Mile is a famous road on the south end of Kamala beach that host the most high end hotel and apartment projects in the area, Villas and Resort choose to be there because the location is really the best you can have.
The Cottages will be 65 sq. mt in size with a fully furnished kitchen, living room, master bedroom, bathroom and balcony with private jacuzzi..all the furnitures are included in the selling price.
Club houses..parking..fitness..restaurant…sauna and spa are among the facilities included in the project, plus a free shuttle to the beach and Patong.
The developer has already built many project in the Island, including Kudo Beach, Paradise Beach Club, Patong Bay Hill 1 and 2, Patong Bay Residence, 1, 2, 3 and 4, Naka Bay condominium and Sea View Patong project on the hill of Patong. 32 Years in the market and thousand of happy buyers.
Example of Return based on 4.9 ml promotional price:
4.900.000 baht x 7% = 343.000 baht yearly gross return – 10.290 baht (3% withholding tax) = 332.710 baht Net Return every year.
From the 1oth to the 15th year of Rental Guarantee Management the buyer can choose if activate the Buy Back Option and get back the initial investment from the Developer.
The Buyer can sell to third party the property any time. After 15 years. the buyer can choose if: Renew the Rental Guarantee or Use the property full time or Sell to third party.
What is in the offer is the best you can get as investment :
7% Net Return/Year for 15 years
No Sinking Fund
No Maintenance Fees
No Insurance cost
4 Weeks Free owner use of the Cottage
Rental Guarantee Payment 1 every year
No Agency Commission
Promotional Price: 4.900.000 baht