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New sea view Condominium in Kamala

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RESAVA Reference: RESAVA#0033

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Bathrooms

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Bedrooms

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Built Area

Property Description

This is a new sea view condominium building in Kamala currently under construction called Platinum Bay. The development is conveniently located within walking distance from Kamala Beach and offers great resort style facilities which includes hotel reception, swimming pools, fitness and common parks. It has a total of 432 units, all studio type units in 4 different sizes and layout ranging from 28 sqm to 38 sqm.

The units are modern in design and the layout is well planned to maximize the space of the apartments. The prices start from 3,7 MTHB for garden view and 6,5 MTHB for the sea view units. All units are sold fully furnished with very tasteful decor and high quality furniture and fittings. This is the perfect investment property for the investor as the developer is offering a guaranteed rental return for of 7% per year for 5 years and after 5 years if the owner wishes to sell the unit back to the developer, the developer has a buy back option to buy back the unit for the purchase price plus 10% on top. Both foreign freehold and leasehold ownership option is available.

A great investment opportunity for buyers who wish to have their own apartment in Kamala. The project is scheduled to complete in March 2021 and is as of November 2019 already 60% sold out. Please contact us for more information on this exciting new development.

 

Amenities and Features

Other Features
24/7 security
Air conditioning
Balcony
Bathtub
Cable tv
CCTV
Daily cleaning
Elevators
Fitness
Foreign freehold
Fully equipped kitchen
Fully furnished
Garden
Mountain view
Near beach
Parking
Reception
Rental management
Sea view
Shared pool
Walking distance to beach
Wifi

Property location

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

The information and data presented have been verified and are assumed to be correct, however, the company cannot be held responsible for its truthfulness, since the offer is subject to errors, price changes, omission and / or withdrawal from the market without prior notice.

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