Bang Tao Beach Condominium Unit for Sale in Phuket | All Phuket Condominiums

Bang Tao Beach Condominium Unit for Sale in Phuket

Overview

ID: #4361
Price: ฿ 5,664,000
Type: Condominium Apartment
Contract: For Sale
Location: Bang Tao Beach
Bathrooms: 1
Bedrooms: 1
Area: 59m2
Rating:
Bang Tao Beach Condominium Unit for Sale in Phuket
3 (60%) 6 votes
Bang Tao Beach Condominium Unit for Sale in Phuket
3 (60%) 6 votes

Unit for Sale in Phuket


BANG TAO BEACH CONDOMINIUM UNIT FOR SALE OUTSIDE LAGUNA PHUKET DEVELOPMENT LOCATED WITHIN WALKING DISTANCE TO BANG TAO BEACH PHUKET, THAILAND.


This development launched in April 2017 and is located in the Bang Tao Beach area in the North of Phuket.  The devlepment is just outside the exclusive Laguna Phuket gated community which contains one of Phuket’s championship golf courses and best restaurants, which are open to all.  The current price point of properties inside the Laguna community are some of the highest on the island due to its name. These condominiums are very affordable and less than five minutes from all of the facilities of Laguna Phuket.  Beautiful Bang Tao Beach is even closer within walking distance from the project.  Patong, which is the center of Phuket’s famous nightlife is twenty five minutes away.

This is a luxurious boutique condominium project consisting of just 78 apartments in a single, seven floor building.  Unlike most of the new project currently under construction in Phuket which tend to be Studios and suitable for only short-term holiday living, all of the condominiums here are spacious and more suitable for year-round living.  The units at this property are bigger and buyers can choose from either one-bedroom or two-bedroom options at affordable prices.

The development contains a wide variety of high-end facilities for the use of residents and guests.  These feature include a large swimming pool at ground level set in beautiful gardens together with a children’s playground and yoga area.  The development also offers a fully-equipped gym, an onsite restaurant and rooftop lounge zone for relaxing while enjoying the views.

In addition to making for an ideal, luxury holiday home, this is an ideal project for investors as the developer is offering a “Guaranteed Rental Yield”, which enables investors to receive a return of 8% for three years.  In addition to the guaranteed return, investors are able to enjoy their own condominium every year.  Investors are able to use the apartment for up to 30 days per year, of which a maximum of 15 days can be taken during high season.  To be eligible for the “Guaranteed Rental Yield”, buyers need to purchase the developer’s standard furniture package, which is priced at 800,000 THB.

Condominium freehold ownership is available on 49% of the units with an additional fee of 300,000 THB.

Construction will start by end of the year of 2017 and is expected to be completed in two years. The target market for the condominium is high-end luxury users, particularly foreigners who prefer comfortable living spaces.

For anyone looking for a good-sized apartment at affordable prices within the Laguna Phuket area, this is an excellent choice.

 

Bang Tao Beach Condominium for Sale Priced From (THB) Unit Size View Ownership Floor
One Bedroom ฿ 6,812,000 59.2 sq.m Mountain View Foreign Freehold Top Floor

Development Details

Ownership:  Foreign Freehold and Leasehold

Total Number of Units:  78

Price Per Square Metre:  96,000 THB

Monthly Maintainance (CAM) Fee:  3,540 THB

Sinking Fund:  29,500 THB

Rental Income (Yield):  8% Guaranteed Rental Return for 3 Years

Project Completion:  Q4 2019 

Listing ID# (Bang Tao Beach Condominium):  4361

 

Inquire On This Property



Off-plan property is basically buying the rights to a "unit" that has yet to be built, as opposed to buying a finished unit. There are risks and benefits to buying "off-plan" property. Once you have purchased "off-plan" from the developer the price is fixed and the payments staged according to construction. Buying this way can save 10% - 30% off market prices and the risks can be reduced by working with only reputable developers with a good track record.


G. Carlson

G. Carlson

Born on the West Coast of the United States and raised in Texas. Greg Carlson is co-founder of The Carlson Group Consulting Co. Ltd. Specializing in Phuket real estate services and bringing passion to the industry. His reputation has made him one of the most trusted realtors on the island of Phuket.
G. Carlson

General amenities

  • Air Conditioning
  • Built-In Furniture
  • Cable/Satellite TV
  • Close to Shops/Restaurants
  • Close to the Beach
  • Gated Estate/Security
  • Gym
  • Internet Access
  • Parking
  • Reception/Management Office
  • Sharred Swimming Pool
  • Terrace/Balcony

Map

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