Property For Sale Central Phuket Condominium Unit | All Phuket Condominiums

Property For Sale Central Phuket Condominium Unit

Overview

ID: #2235
Price: ฿ 3,240,000
Type: Condominium Apartment
Contract: For Sale
Location: Central Phuket
Bathrooms: 1
Bedrooms: 1
Area: 43m2
Rating:
Property For Sale Central Phuket Condominium Unit
4.3 (86.4%) 25 votes
Property For Sale Central Phuket Condominium Unit
4.3 (86.4%) 25 votes

Central Phuket Condominium Unit


PROPERTY FOR SALE IN A CONDOMINIUM DEVELOPMENT LOCATED IN DOWN TOWN CENTRAL PHUKET, THAILAND.


This property for sale is not far from any amenity. It’s only minutes away from first class shopping malls, local Thai markets, tourist destinations, international hospitals, golf, beaches, entertainment and an assortment of restaurants. Yes, living in Down Town Phuket is all about convenience. This property for sale offers just that.

This condominium was established under the concept of quality, design, functionality and healthy living. Live in an atmosphere that is nourishing the best quality lifestyle in central Phuket. The material used, along with the design, is not only artistically unique, but fully functional. Condo owners can enjoy every needed amenity, right on sight.

All Condominiums come fully furnished.

Condominium facilities include a first-class fitness center, 80% parking, swimming pool on three levels, Jacuzzi pool, BBQ area, 24 hour security, smart card access and CCTV, internet and cable TV.

Condominium 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.

This developer is offering a 10 year buy back option for leasehold units. For foreign freehold title add 7% upcharge.

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.

 

Property for Sale Priced From (THB) Unit Size View Floor
One Bedroom ฿ 4,050,000 45.5 sqm Mountain View Top Floor
Two Bedroom ฿ 5,350,000 65 sqm Mountain View Fifth Floor

Development Details

Ownership:  Foreign Freehold and Leasehold

Total Number of Units:  179

Price Per Square Metre:  75,349 THB

Monthly Maintainance (CAM) Fee:  2,150 THB

Sinking Fund:  21,500 THB

Rental Income (Yield):  Rental Pool (70%/30%)

Project Completed:  Q3 2017

Listing ID# (Property for Sale):  2235

 

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

Map

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