Designed for nature lovers, Naka Bay Seaview Condominium offers a secluded unit surrounded by Phuket’s lush greenery, tucked away in the hills of Kamala and 200 metres from the beach.
The development is modern and luxurious, with 292 one-bedroom units of 35 square metres across a 17,308 square metre plot. Each has an open-plan kitchen and living area and a private balcony with a rooftop sunbathing platform, alongside a common swimming pool.
Rental pool and buy-back
The rental pool splits net profit 70/30 in the owner’s favour for 15 years, with rental income starting from the date the full amount is paid. Owners may use their unit for four weeks in low season, or two weeks in high season plus two in low, free of electricity, water and monthly fees — and during peak season on payment of 50% of the official rental fee.
After 15 years from the effective date, an owner may elect to sell the unit back to the developer at its original price, with terms negotiated between the parties in instalments over three to five years.
Ownership is freehold or leasehold. Promotion prices include furniture and rental guarantee; rental pool registration taxes are shared 50/50 between buyer and seller, with a lawyer’s fee of 50,000 THB.
