Development: CityGate Condominiums Kamala Phuket

DESCRIPTION: The CityGate development will host 5 buildings named for different cities and is walking distance to Kamala beach.

With over a decade of experience, this developer knows the rapid growth of Phuket’s real estate market and focuses on developing profitable projects in areas with track records of fast and stable growth.

The concept of the GityGate buildings takes after the famous cities of the world, Bangkok, Dubai, Paris, New York, and London, embedding with the architecture and culture into your surrounding walkways. The project is on 5 Rai of land.

All rooftops are connected by flying bridges, will offer you to enjoy a Sky Club with a 66m infinity pool with Pool Bar and sun deck, fitness center, Spa, Rooftop Restaurant, Lounge Bar all with city lights and a fantastic sea view.

CityGate condominiums for sale are located in Kamala Beach and just 600m from the Andaman Sea.

Experience at the ground floor a river pool of 700 sqm crossing the reception with a coffee shop, boutique, library, and laundry. This condominium has nearby shops, stores, banks, fresh markets, and supermarkets help to make this a convenient place to stay.

DEVELOPER PROFILE:

As a leading property developer, we are committed to designing and building fine quality condominium properties that satisfy the expectations, aspirations, and lifestyles of our investors for generations to come. Our main goal is to offer profitable opportunities with the promise of a real return on investment.
We pride ourselves on the fact that hundreds of families have already invested in our previous projects in Phuket and are delighted to present the latest development of our success story named CITYGATE Condominium in Kamala Beach. 

OWNERSHIP:

The title of Ownership can be registered under the name of any nationality as Freehold at the time of purchase as long as the foreign quota of 49 percent of total units remains available. Ownership can also be titled under a foreign name as Leasehold in accordance with Thai law.

PROPERTY MANAGEMENT:

CityGate is offering an attractive 5-year guarantee program that provides 7% yearly returns (total of 35% over 5 years.) is available to all of our investors. This option provides you with a free 4 weeks stay (2 weeks high season and 2 weeks low season or 4 weeks a low season.)

CONSTRUCTION PERIOD:

• Scheduled for completion in Q4 2019

FACILITIES:

• Wellness & Detox Center

• Medical and Dental & Aesthetic Clinic

• 2 Rooftop Infinity Pools with Sundecks

• 2 Garden Pools

• Garden Coffee Shop Restaurant

• Pool Rooftop Restaurant and Bar

• Restaurants and Lounge Bar

• Dance and Yoga

• Spa and Gym

• Library

• Laundry

• Kids Club

• Boutique

• Pharmacy

• Travel Agency

• Supermarket

• Free Shuttle Service

ADDITIONAL FEES (Condominiums for Sale):

• Maintenance (CAM) Fee - 60 THB/SQm/Month (paid 1 year in advance)
• Sinking Fund - 600 THB/SQm (1-time payment)
• Electric and Water Meters - 20,000 THB installation fee (1-time payment)
• Registration Fees  - Leasehold 1.1% of the purchase price, Foreign Freehold 3.3% of purchase price
• Upgrade to Foreign Freehold quota - 300,000 THB
• Built-in Package – Included in price
• Furniture Package - Included in price

PAYMENT TERMS (Condominiums for Sale):

• 100,000 THB Reservation Fee
• 50% Contract Signing (Minus Reservation) in 14 days
• 25% Structure Completion
• 25% Transfer

Year Built:  Q4 2019

Total Number of Units:  388

Ownership Structure:  Foreign Freehold and Leasehold Title

Prices and Location:  Listing KAM114

Video Link:  CityGate Condominiums Kamala Video

Developer Link:  CityGate Condominiums Kamala Website