CityGate Phuket - 374-unit condominium in Phuket Town
- Unit size
- 35–70 m²
- Bedrooms
- 1–2
- Type
- Condo
- Completion
- Q4 2019
Description
Phuket Town sits inland from the island's western beaches, serving as the administrative and commercial heart of the province. The district attracts long-term renters working in government offices, hospitals, international schools and regional headquarters, as well as buyers seeking lower per-square-metre prices than beachfront zones. Supply in central Phuket consists largely of mid-rise condominiums catering to Thai professionals and foreign buyers who prioritise island connectivity and daily infrastructure over direct beach proximity.
CityGate Phuket stands as a 374-unit condominium completed in Q4 2019, adding significant inventory to the district's freehold stock. Foreign buyers may hold condominium units under Thai law within the project's foreign-quota allocation, typically capped at 49 percent of saleable area across all buildings. Ownership forms and quota availability should be verified with the developer or the land office before any purchase commitment.
The project offers two layout types: 1-bedroom units at 35 m² and 2-bedroom units at 70 m², spanning a total range from 34 to 70 m². Compact one-bedroom configurations suit single professionals and couples using the property as a primary residence or targeting mid-term rental demand from expatriates and Thai nationals working in the provincial capital. Two-bedroom layouts accommodate small families and can serve buyers who divide time between Phuket and home countries or lease to corporate tenants on annual contracts.
Facilities occupy multiple building levels and include an infinity pool alongside a standard swimming pool, a fitness centre with dedicated yoga space, spa treatment rooms, and a rooftop sky bar. Ground-floor commercial zones house a restaurant, café, bar and lounge area. A library, co-working space and 24-hour reception with property-management services support both residential use and remote-work lifestyles. Elevators, perimeter security and beach-access arrangements complete the amenity package, though buyers should confirm what 'beach access' entails in practical terms given the town's inland setting.
CityGate Phuket suits buyers seeking completed inventory in Phuket's administrative core, whether for own occupancy, long-term rental income from the local workforce, or a pied-à-terre with airport and hospital proximity. Prospective purchasers should review foreign-quota status, any outstanding common-area fees, and the sinking fund's current balance and governance before finalising acquisition.
About the units
| Unit type | Area | Price from | Available |
|---|---|---|---|
| Condo · 1 bedroom | 35 m² | ฿4,300,000 | 2 |
| Condo · 2 bedrooms | 70 m² | ฿7,500,000 | 1 |
Rental ROI calculator
Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.
- Monthly income (net)
- ฿23,110
- Annual income (net)
- ฿277,340
- Net yield / year
- 6.4%
- Payback period
- 15.5 yrs
Indicative model, not a guarantee of income. Net figures assume ~25% of gross income goes to management and upkeep; the yield estimate is normalised to 75% occupancy. Rental income, taxes and fees must be confirmed per project before purchase.
About the project
Amenities
Location
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