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    1 Bedroom Condo for sale at Calypso Condo
    Rawai, Phuket Town,Phuket
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    Sale Price
    $140,000
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    1 Bedroom Condo for sale at Calypso Condo
    (1 Review)
    Unit ID: U1815174
    7% GUAR. RETURN FOR 3 YEARS
    Rawai, Phuket Town,Phuket
    $140,000
    1 Bedroom
    1
    Bathroom
    441 Sqft
    Size
    2
    Floor
    Dec 2016
    Completed
    10
    Sale Price
    $140,000

    About This Condo

    This property is a 441 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in Dec 2016. You can buy this condo for a base price of $140,000 ($318/Sqft).

    Features

    Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Apr 26, 2024
    Updated 8 months ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 441 Sqft
    Price per Sqft $318
    Pets Not Allowed
    Condo 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%.

    Leasehold
    Furniture
    Unfurnished
    View(s) Garden View
    Unit Type N/A
    Building Calypso
    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.
    $60/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1815174

    Investment Opportunity: Charges & Yield

    Sale Price
    $140,000
    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.
    $60/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
    Guaranteed Rental Return
    7%
    Guarantee Duration
    3 Years

    Project Details

    Project Name: Calypso Condo
    Developer: Harmony Group
    Construction: Completed (Dec 2016)
    Floors: 8
    Buildings: 1
    Units: 46
    Project Area: 25,833 Sqft
    Nearest Landmark Rawai Beach - 1.3 Km
    Location: Rawai, Phuket
    Calypso Condo Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Shuttle Bus Shuttle Bus

    Popular Facilities at Calypso Condo

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor

    Available Units at Calypso Condo

    For Sale 3 For Rent 1
    • All
    • 1 Bed
    Get notified when new homes are being added to Calypso Condo
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Calypso Condo 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 is $1 per square meter based on the size of indoor area of the property and is $60 for this condo. This fee 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Calypso Condo the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
    Calypso Condo offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
    Read more here.
    Rawai Beach is the nearest Beach from Calypso Condo and it is 1.3 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 Calypso Condo you have to follow these steps:

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

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,920
    1st Installment
    Upon contract signing
    100%
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,920
    1st Installment
    Upon contract signing
    50%
    2nd Installment
    within 12 months
    50%

    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

    Reviews

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Cheap and staffs are friendly and good service
    Robena Keifer, United States, 5 years ago
    Excellent location with excellent service. Friendly staff, always ready to help and solve problems quickly. The condo is clean and close to Nai Harn beach, a stunning beach. Although not as famous as Patong Beach, Nai Harn is quiet and not busy. Before sunset, the atmosphere is really romantic. The condo offers a shuttle bus service to this beach and Yanui beach 3 times a day, but it's also convenient to walk, only about 10 minutes. The project has an outdoor pool, a high-speed internet, and adequate parking. The room is fully-equipped with kitchen equipment. It is decorated in a modern style and quiet and close to a convenience store. Plus! The place is not expensive at all.
    Phuket
    Rawai

    Neighborhood Overview

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