Foreign Freehold Downtown Phuket Condominium For Sale | All Phuket Condominiums

Foreign Freehold Downtown Phuket Condominium For Sale


ID: #2497
Price: ฿ 2,831,500
Type: Condominium Apartment
Contract: For Sale
Location: Central Phuket
Bathrooms: 1
Bedrooms: 1
Area: 34.8m2
Foreign Freehold Downtown Phuket Condominium For Sale
4.5 (90.67%) 15 votes
Foreign Freehold Downtown Phuket Condominium For Sale
4.5 (90.67%) 15 votes

Downtown Phuket Condominium


This Downtown Phuket Condominium will delight in the much desired privacy and array of first-class facilities.

A positive character can go a long way to create a good impression, and that explains why choosing an address that is complementary to your character is so important.

The superb location right at the heart of Phuket City makes it so easy to commute to work, restaurants, shopping venues and all entertainment locations throughout the city and beyond.

These Condominiums are set on 3.3 Rai of land and comprise two 7-story buildings for a total of 311 suites. Two unit sizes are available, one bedroom condominiums from 33.5 – 34.5 sqm and two bedroom condominiums from 55.5 – 58.5 sqm.

Facilities include swimming pool and kids pool, exercise room, multi-purpose areas, garden and outdoor recreation areas, lobby, WiFi at the lobby and pool.  In addition 24 hour security, CCTV and parking space.

For a limited time, free furniture package and free transfer fees on foreign freehold units.

Condominium Foreign Freehold

This property will be a registered condominium. This means that 49% of the units can be sold as “condominium freehold”. This is special legal type of freehold title that foreigners can directly and legally own in Thailand, just as they would own a freehold property in their own country. Due to the fact that condominiums are a special form of property that foreigners can own, many aspects of condominiums are governed by legislation contained in The Condominium Act. This clarifies the law for property developers and provides a degree of “consumer protection” for condominium buyers.

Important Tip: Prior to purchasing a condominium unit, it is important to check the ratio of foreign ownership. If there are remaining units within the 49% foreign ownership quota, these can be purchased freehold by foreigners. If no foreign quota remains, the remaining units can only be purchased leasehold. The difference in legal title and ownership rights are substantially different.


Foreign Freehold Condominium for Sale Priced From (THB) Unit Size View Floor
One Bedroom ฿ 2,891,200 35.5 sqm Cenral View Fifth Floor
One Bedroom ฿ 3,266,300 35.6 sqm Pool View Fifth Floor

Development Details

Ownership:  Foreign Freehold and Leasehold

Total Number of Units:  311

Price Per Square Metre:  81,365 THB

Monthly Maintainance (CAM) Fee:  1,740 THB

Sinking Fund:  17,400 THB

Rental Income (Yield):  Managed By Owner

Project Completed:  Q2 2015

Listing ID# (Foreign Freehold Property):  2497


Inquire On This Property

For rental income investors the primary consideration should be location, target market and optimal size and type of unit. The most common ratio used for rental income is "rental yield", which is the rental revenue recieved in one year divided by the purchase price of the property. Rental yield is a way to compare and analyse properties. Most all developers have rental estimate figures ready for buyers.

General amenities

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


Phuket Thailand has it ALL

This year Forbes named Thailand as one of the top 10 best places in the World to retire. With white sand beaches, delicious food and a laid-back vibe, Phuket is quite simply paradise. Whether your looking to buy a Condo near the beach or an Apartment in town, Phuket real estate offers something for just about everyone.

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Imagine owning a luxury condo or modern apartment in a much sought after tropical paradise that generates an annual income and increases in value over time. As a local Realtor, our agency is excellent in providing local real estate knowledge and advice in helping to navigate the best investment options that Phuket has to offer.

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Real Estate Services

Determining your buying power in the Phuket Real Estate market is critical. Our Realtors can help shorten the process. With no current Phuket MLS (multiple listing service), assisting you is our specialty. We can arrange property viewings, site inspections and most importantly we will negotiate the best deals for you as your Realtor.

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