1-Bedroom Apartment in Phuket, Thailand

About the property

Create the Future Now. This is a luxury condo designed to provide the best living conditions for owners and guests of the complex. The complex consists of 14 buildings and 432 units. The grounds feature numerous pools, a fitness center, restaurants and relaxation areas. The project will be managed by the international hotel chain Wyndham Garden. This will ensure maximum occupancy, high returns and a 5-star service level. All units have a well-planned layout and functionality, which is ideal for investors seeking to maximize rental income with low capital expenditure. The main feature of the project is the Sky Garden park: it covers an area of 10,498 m². The park will occupy one third of the entire site and evenly cover the entire built-up area. The project provides for full landscaping of the common grounds. The balance of greenery and buildings will create the feeling of living in an Eden garden, and a view of the sky and the ocean completes the picture. Combining a natural mountain stream and artificial waterfalls creates two water supply systems, creating an endless sense of nature. The project uses height differences to create cascading pools, creating the illusion of an endless flow, as if the pool starts from the sky. The project provides for a private artificial waterfall and a huge pool of 1,500 m². It will be built across the entire grounds of the condo so as to connect every building of the project. Location: Kamala Beach, Kamala, surrounded by steep hills, on the west coast of Phuket, 10 minutes from the main tourist area, Patong, and a few minutes from the Surin area. Here you will find the most popular theme park, Fantasia, the Cafe Del Mar beach club, restaurants and much more. Number of buildings: 14. Number of units: 432. Floors: 4. Layouts and sizes: 6 types, 28–38.2 m². Views: Sea, Pool, Garden, Mountains. Developer: ADM Platinum Group. Property management company: Wyndham Garden. Construction completion date: 2022. Ownership: Freehold and leasehold. Permits: All permitting documentation has been obtained. Return programs: 1. 7% Guaranteed Rental Income for 5 Years. Under the guaranteed income program, the investor receives 7% annual income for the following 5 years, regardless of whether the unit was rented out or not. The developer guarantees rental return of 7%. 2. Rental Pool Program. Under the rental pool program, the investor earns profit based on the occupancy of the units in the relevant pool through rental. Under this program, profit is shared between the property management company and the owner. Buyback: the developer offers a buyback option. The owner may return the unit to the developer and receive the amount invested plus 10%. The owner may also sell the unit independently at any time. Payment terms: 1st payment: reservation deposit: 100,000 THB. 2nd payment: 35% within 15 days after the reservation deposit. 3rd payment: 15% within 3 months after signing the contract. 4th payment: 30% upon completion of the upper floors and roof. 5th payment: 15% upon completion of interiors and windows. Final payment: 5% upon completion of construction and transfer of title. Amenities: - Lobby - Rooftop pool - Waterfall pool - Children's pool - Sky Bar - Fitness center - Spa - Yoga studio - Roof garden - Restaurant - Parking - 24-hour security system with CCTV. What is nearby?: Kamala Beach, 7/11 and Family Mart stores, Big C, the Cafe Del Mar beach club, the Fantasea show, Surin Beach, Bang Tao Beach, Patong Beach

Key details

On the map

Price history