Kathu Phuket Foreign Freehold Condominium For Sale.
This development in Kathu is located in the center of Phuket and is ideal for anyone who wants to live in town. Buying a condominium in town is very convenient for just about everything. On warm days it’s only 7km from the beach which is great for relaxing and cooling off.
This is the 5th project by this trusted developer and comes at an affordable price point for Thailand condominiums.
This condominium will offer a Rental Guarantee for 10 years at 8% NET. Buyers are expected to purchase the developer's furniture package. Rental income will be paid 1 month from receiving 100% payment from the client minus 5% withholding tax. The client can enjoy 10 days of free stay at their units per year. Five days during high season and five days during low season (and can be used at any property by this developer).
This foreign freehold condominium is located close to Central Festival, Grocery Stores, Restaurants and local Thai markets. Furthermore, the Phuket International Hospital and Bangkok Hospital are close by.
Coming soon to this area is the Bukis Phuket street-style shopping complex which will be a hub for local vendors, fashion, food, and entertainment for locals and tourists.
This will be a destination for those who would like to explore the local lifestyle and its culture.
By 2019, the new Blue Pearl retail complex, bazaar, convention center and resort project is to be developed on 150 Rai of land located in the center of Kathu. The project is estimated to cost 20 billion baht.
Foreign freehold quota is an additional 500,000 THB and prices start at 2.4M THB.