Unit ID: U1827022
7% Rental Yield
Patong, Kathu,Phuket
$166,000
1 Bedroom
1
Bathroom
689 Sqft
Size
3
Floor
Dec 2007
Completed

About This Apartment

This property is a 689 Sqft apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2007. You can buy this apartment for a base price of $166,000 ($241/Sqft).

Phuket Villa Patong - Apartment 1 Bath / 1 Bed

 Property Features: - High Standard condominium in Patong  - Consists of 1 bedroom and 1 bathroom  - Open-plan living  - Covered balcony for outdoor relaxationCommunity Features:- Communal swimming pool for residents' enjoyment- Lobby/Reception area- Fitness center for residents' use- Parking space provided- 24-hour security and CCTV surveillance Description:This spacious 64sqm condominium with freehold title, is ideally situated in the heart of Patong. Offering easy access to the major amenities and attractions of Patong and the Beach. Positioned on the 3rd floor of a seven-story resort-style condominium building, the unit comprises one bedroom, a big sized open-plan living area that leads with a private covered balcony overlooking the street. The kitchen is fully equiped. The bedroom features an ensuite bathroom, complete with both a separate bathtub and shower. This condo serves as an ideal choice for either a permanent residence or a vacation property, while also presenting an excellent investment opportunity. Location:Nestled in the vibrant center of Patong, the Phuket Villa Condo development is just a 5-minute stroll from the Jungceylon Shopping Mall and Banzaan Fresh Market. The surrounding area is bustling with a variety of restaurants, shops, entertainment options, markets, and convenience stores. Within a brief walk of under 10 minutes, residents can reach the lively Bangla Road and the picturesque Patong Beach.

Features

Pool AccessPool Access TerraceTerrace

Basic Information

Date Listed May 9, 2024
Updated 3 days ago
Property Type Apartment
Floor 3
Bedroom 1
Size 689 Sqft
Price per Sqft $241
Pets Not Allowed
Apartment Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View
Unit Type N/A
Building Building A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$50/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1827022

Investment Opportunity: Charges & Yield

Sale Price
$166,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$50/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
15
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom apartments at Phuket Villa Patong Beach, and the current sales price.
7%

Project Details

Developer: N/A
Construction: Completed (Dec 2007)
Floors: 7
Buildings: 1
Units: 201
Project Area: N/A
Nearest Landmark Jungceylon - 0.3 Km
Location: Patong, Phuket
Phuket Villa Patong Beach Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at Phuket Villa Patong Beach

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Phuket Villa Patong Beach

For Sale 5 For Rent 12
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Frequently Asked Questions

No pets are allowed at Phuket Villa Patong Beach unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee for properties at Phuket Villa Patong Beach is a fixed amount of $50. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Jungceylon is the nearest Shopping Mall from Phuket Villa Patong Beach and it is 0.3 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Phuket Villa Patong Beach you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

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Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

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