Phuket Apartments Foreign Freehold Unit Sale | All Phuket Condominiums

Phuket Apartments Foreign Freehold Unit Sale

Overview

ID: #4049
Price: ฿ 3,500,000
Type: Condominium Apartment
Contract: For Sale
Location: Nai Harn Beach
Bathrooms: 1
Bedrooms: 1
Area: 37m2
Rating:
Phuket Apartments Foreign Freehold Unit Sale
5 (100%) 4 votes
Phuket Apartments Foreign Freehold Unit Sale
5 (100%) 4 votes

Nai Harn Foreign Freehold Unit


PHUKET APARTMENTS FOR SALE IN FOREIGN FREEHOLD BUILDING LOCATED NEAR NAI HARN BEACH PHUKET, THAILAND.


This is Phuket’s first Loft style apartments that come fully furnished with a Foreign Freehold option available for just 200,000 THB.

This is the 4th project in Phuket by this well-regarded developer.

Strarting Q2 2017, presale introductory prices range from 3.1m to 5m THB with the option to join a rental program of up to 20 years for a guaranteed return of 10% per year.

There will be a total of 240 Phuket apartments for sale, most units are 37 sq.m in size, fully furnished with all electrical and amenities as a 5 star hotel would have.

The key feature to this project is a waterpark.  This developer is one of the fastest builders on the Island. The guaranteed investment return is same as their Kata Beach project with up to 20 years rental at 10% per year return minus withholding tax.

Construction is due to start early next year and will be completed by Q3 2019. Owners will have plenty of time to pay for their unit as the developer only requires 100,000 THB Reservation followed 35% Deposit (30 days after Res Agreement), another 35% for structural completion in Q3 2018 and the final payment on handover Q3 2019.

A show unit is being built at their Patong main office and will be complete end of June 2017 but clients may visit the site as 2nd and 3rd projects are being constructed at the moment and scheduled for completion in Q4 2017.

Nai Harn Beach is a quaint, secluded beach with soft white sand and nearby restaurants. This beach is popular for swimming and snorkeling. Nai Harn beach is one of the most beautiful beaches in Phuket with excellent water quality. It’s encompassed on both sides by jungle-covered mountains and a large freshwater lagoon. This area is also great for jogging, walking and biking.

 

Phuket Apartments for Sale Priced From (THB) Unit Size View Ownership Floor
One Bedroom ฿ 4,000,000 37 sq.m Pool View Foreign Freehold First Floor
One Bedroom ฿ 5,700,000 61.8 sq.m Pool View Foreign Freehold Top Floor

Development Details

Ownership:  Foreign Freehond and Leasehold

Total Number of Units:  240

Price Per Square Metre:  94,595 THB

Monthly Maintainance (CAM) Fee:  1,850 THB

Sinking Fund:  18,500 THB

Rental Income (Yield):  10% Guaranteed Rental Return for 20 Years

Project Completion:  Q3 2019 

Listing ID# (Phuket Apartments):  4049

 

Inquire On This Property



Formulating an exit strategy for each property you buy just takes a few minutes of careful consideration. It is essential to formulate an exit strategy before you buy property, together with a timeframe. This will influence a number of decisions that are subsequently made in relation to a property investment. Selling your condominium for a profit just takes planning.


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
  • Fully Furnished
  • Gated Estate/Security
  • Gym
  • Internet Access
  • Parking
  • Reception/Management Office
  • Sharred Swimming Pool
  • Terrace/Balcony

Map

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