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16/04/2008 - Kamalaburi Phuket offer 6% guaranteed rental.  16/04/2008 - Kamalaburi Phuket offer 6% guaranteed rental.

The developers at Kamalaburi in Kamala, Phuket are now offering a 6% guaranteed rental return for two years to property investors.

Kamalaburi is the latest project to be launched on the spectacular headland to the south of Kamala Bay which already boasts many prestigious developments including Andara, Ayara Kamala, and Jomchang.

The sixteen acre hillside site provides panoramic ocean views across Kamala Bay along with 140m of beach front.  

The properties at Kamalaburi will consist of a range of modern two and three bedroom condominiums, penthouses and four storey beach front suites with private swimming pools. All properties will have ocean views and are being sold fully furnished. Freehold ownership for foreign purchasers is available on condominium units.

Owners can also expect a full range of resort services including housekeeping and laundry, shuttle bus and wireless internet access.  A Spa and health club with a fitness centre and traditional Thai massage will also be located in the development.

Kamalaburi is being developed and operated by The Milford Group who have over twenty years experience in the hotel industry in Thailand and several established resort developments including the Milford Paradise Hotel and The Pride Apartments both located in Hua Hin.

Prices for property at Kamalaburi start from 11,000,000 Baht (222,000 Euros).

Construction has already begun and completion is scheduled for December 2009.

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