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    3 Bedroom Townhouse for sale at Lake Town
    Kamala, Kathu,Phuket
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    Sale Price
    ฿9,000,000
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    3 Bedroom Townhouse for sale at Lake Town
    (2 Reviews)
    Unit ID: U1108316
    11% Rental Yield
    Kamala, Kathu,Phuket
    ฿9,000,000
    3 Bedrooms
    3.5
    Bathrooms
    245 SqM
    Indoor Area
    3
    Storeys
    Nov 2015
    Completed
    10
    Sale Price
    ฿9,000,000

    About This Townhouse

    This property is a 245 SqM townhouse with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Kamala, Phuket and was completed in Nov 2015. You can buy this townhouse for a base price of ฿9,000,000 (฿36,735/SqM) and it is also available for long term rentals starting from ฿80,000 per month.

    This 3 storey townhouse has beautiful mountain view and private swimming pool, located in quiet area just 5 min drive from Kamala beach.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Mar 18, 2023
    Updated 1 year ago
    Property Type Townhouse
    Storeys 3
    Location Kamala, Phuket
    Bedrooms 3
    Nearest Landmark Kamala Beach -1.2 Km
    Indoor Area 245 SqM
    Price per SqM ฿36,735
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    50 SqM
    Plot Size 109 SqM
    Pets All Kind of Pets Allowed
    Townhouse Ownership

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

    Foreign Ownership
    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.

    Company
    Land Title Deed Chanote
    Construction Completed (Nov 2015)
    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) Mountain View, Pool View, Garden View, Unblocked Open View
    Unit Type N/A
    Parking Spots 1
    Pool Size N/A
    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 U1108316

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿9,000,000
    Rent
    ฿80,000/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.
    9
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    11%

    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
    • All
    • 3 Beds
    Get notified when new homes are being added to Lake Town
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    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

    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

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