Naka Bay Sea View Condominium is a modern, luxurious development featuring units of 35 square meters. The location is off the beaten path and gives way to amazing views. The sea view condominium is located just 200 meters from Naka Beach.
Each sea-view unit has a private balcony with a rooftop sunbath platform, offering owners the chance to unwind and appreciate the natural surroundings.
Naka Bay Sea View Condominium has a wonderful location in the Kamala Hills, with splendid views of Kamala Bay. The sea view condominium is modern and contemporary while being surrounded by nature. The one-bedroom sea view units feature an open plan kitchen, as well as open plan living and dining areas with ample space.
The tropical grounds of the Naka Bay Sea View Condominium are a natural green space. There is a common swimming pool, surrounded by landscaped gardens and terrific sea views
This prime real estate investment, with wonderful views of Kamala Bay, comes with a 7% NET rental guarantee for the next 15 years. The enviable location is just steps from Naka Beach and close to Kamala Beach, which gets a high share of the rising numbers of tourists to Phuket annually. Phuket tourism revenue grew 6% to over B272 billion in 2019 alone, while the Phuket International Airport had a 10% revenue growth during the same year. Year-on-year monthly arrivals were up 8% at the end of December 2019.
Competition in this idyllic area is limited. The one-bedroom units are tucked away amongst nature, yet close to the local Kamala Beach and not far from the hustle and bustle of Patong. Naka Sea View Condominium is located in a tranquil area, surrounded by nature with easy access to both Naka and Kamala beaches.
Rental guarantee conditions
7% NET (subject to WHT) rental guarantee (no monthly fees, no electricity, no maintenance, no sinking fund…) for the first 15 years. The rental guarantee will be paid every year in advance.
After 10 years from the closing date the buyer may apply for the buy-back option and receive back all the money paid.
After 15 years possibility of renegotiating a new rental guarantee period.