Property For Sale Central Phuket Condominium Unit
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.
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|
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
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- Air Conditioning
- Built-In Furniture
- Cable/Satellite TV
- Close to Shops/Restaurants
- Fully Furnished
- Gated Estate/Security
- Internet Access
- Reception/Management Office
- Rental Program
- Sharred Swimming Pool