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City Gate 2 in Kamala is a residential complex scheduled for completion in the fourth quarter of 2027. Spanning over 9,000 square metres, the project will comprise four 7-storey buildings. A total of 274 apartments will be available for purchase, with sizes ranging from 42 to 191 square metres, offering one to three bedrooms. The development includes a variety of amenities:
Starting prices: from THB 5.75 million (USD 172,000).
Payment schedule:
| Payment Stage | Amount |
|---|---|
| 1st payment upon signing the contract | 30% |
| 2nd payment after structural framing | 30% |
| 3rd payment after architectural work | 15% |
| 4th payment after furnishing | 15% |
| Final payment upon property transfer | 10% |
Phuket real estate is a highly liquid asset, characterised by stable appreciation and consistent rental income. Experts anticipate an annual price increase of 4% to 6%. Investors who acquire properties during the early stages of construction often experience capital growth of 20% to 30% by the time the project reaches completion.
Demand for rentals remains high, driven by a rapidly growing tourism sector. In 2024 alone, over 8 million visitors flocked to the island. This trend makes short-term rentals a particularly lucrative strategy. Average rental yields in Phuket are:
Short-term rental yields can reach up to 10% per annum.
Ideal properties for investment are available to you right now on the screen of your device.
Reliability, simplicity and high profitability!
| Living space | 42m² |
| Bathrooms | 1 |
| Bedrooms | 1 |
| Min. price | ฿ 6 930 000 |
| Living space | 42m² |
| Bathrooms | 1 |
| Bedrooms | 1 |
| Min. price | ฿ 5 775 000 |
| Living space | 72m² |
| Bathrooms | 2 |
| Bedrooms | 2 |
| Min. price | ฿ 9 900 000 |
| Living space | 72m² |
| Bathrooms | 2 |
| Bedrooms | 2 |
| Min. price | ฿ 10 692 000 |
| Living space | 125m² |
| Bathrooms | 3 |
| Bedrooms | 3 |
| Min. price | ฿ 19 937 500 |
| Living space | 81m² |
| Bathrooms | 3 |
| Bedrooms | 3 |
| Min. price | ฿ 11 137 500 |
| Living space | 85m² |
| Bathrooms | 3 |
| Bedrooms | 3 |
| Min. price | ฿ 14 025 000 |
| Living space | 191m² |
| Bathrooms | 3 |
| Bedrooms | 3 |
| Min. price | ฿ 27 313 000 |
Thanks to its strategic location, real estate in City Gate 2 offers quick access to a variety of nearby attractions and facilities:
Buyers can choose from:
Layouts feature a living room combined with a dining area and an open kitchen, walk-in wardrobes, between 1 to 4 bathrooms and a balcony. Duplexes may also include a study and a private pool. Units come with built-in wardrobes and other furnishings, as well as sanitary fixtures and air conditioning. They are delivered with finished interiors, ceramic tiles in kitchens and bathrooms, a neutral colour palette (grey, cool beige, black and white tones), stretch ceilings, and modern lighting systems, creating a stylish and contemporary atmosphere.
Phuket is a contemporary resort island boasting well-developed infrastructure, making it an ideal destination for both holidays and permanent residence. It features an international airport, medical clinics, schools, kindergartens, shopping malls and a diverse array of entertainment and leisure venues. Each beach offers its own unique vibe:
Notable attractions include the colonial streets of Old Town, the Aquaria Phuket oceanarium, and the Chalong Botanical Garden. The island also offers excellent vehicle rental services and a well-developed service sector.
The condominium will be ready in the fourth quarter of 2027.
Citygate Exclusive Development is developing the project.
The complex is located in Kamala, Phuket.
Buyers can choose from one to three-bedroom apartments and duplexes.
City Gate 2 prices from developer start at THB 5.75 million (USD 172,000).
Buyers may pay 90% in stages throughout the construction process and the remaining 10% upon the transfer of ownership.
Indeed, the combination of rising prices and high rental demand renders these properties a profitable asset.
Yes, up to 49% of the units can be fully owned by foreigners.
Yes. A Long-Term Resident (LTR) visa is available to foreigners who invest USD 500,000 or more in property. Applicants must also demonstrate assets of at least USD 1 million and an annual income of no less than USD 80,000.
Yes. Its location in a well-developed area close to the beach, modern design, functional layouts, private pools, and extensive amenities such as a spa and restaurants guarantee a high quality of life.
Pros:
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Citygate Exclusive Development is a Thailand-based real estate developer that specialises in condominium projects. Its developments are popular among investors and individuals seeking either a permanent residence or a holiday home on the island.
