Unit ID: U1960846
6% Rental Yield
Kathu, Kathu,Phuket
$95,000
1 Bedroom
1
Bathroom
323 Sqft
Size
6
Floor
Jun 2014
Completed

About This Condo

This property is a 323 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Kathu, Phuket and was completed in Jun 2014. You can buy this condo for a base price of $95,000 ($294/Sqft).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Nov 1, 2024
Updated 1 week ago
Property Type Condo
Floor 6
Bedroom 1
Size 323 Sqft
Price per Sqft $294
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%.

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, Pool 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.
$35/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1960846

Investment Opportunity: Charges & Yield

Sale Price
$95,000
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.
$35/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.
16
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 condos at D Condo Mine, and the current sales price.
6%

Project Details

Project Name: D Condo Mine
Developer: Sansiri
Construction: Completed (Jun 2014)
Floors: 8
Buildings: 2
Units: 436
Project Area: 84,077 Sqft
Nearest Landmark Patong Beach - 6.5 Km
Location: Kathu, Phuket
D Condo Mine 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
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at D Condo Mine

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at D Condo Mine

For Sale 7 For Rent 22
Get notified when new homes are being added to D Condo Mine
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Frequently Asked Questions

No pets are allowed at D Condo Mine 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 $35 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 D Condo Mine the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
Patong Beach is the nearest Beach from D Condo Mine and it is 6.5 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 D Condo Mine 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

Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Affordable rental condo
Joe Carroll, Canada, 5 years ago
I have been renting the studio room here for many years. It is a very nice condo in a perfect location close to many amenities, including Tesco Lotus and Central Festival Phuket, just driving for 5 minutes, and Big C Phuket is 7 minutes away. Bangkok International Hospital Phuket is the best hospital in Phuket, which is only 3 kilometers away from the project, but if you drive to Patong, it will take less than 20 minutes. The rental price is incredibly cheap. The studio room size is relatively small for me but convenient as it's fully furnished. The swimming pool here is huge; you can enjoy it in your free time to relax. The common area is clean, and the security guards do their job well. For some downside, the gym equipment is always broken, many things didn't work. Parking has never been enough because a lot of people live here and don't follow the rules. The juristic person works slowly, but I rarely spend a lot of time at the condo because I work, so I don't have any problems, but out of 10, I would rate 8. It is considered the place my second home.
Phuket
Kathu

Neighborhood Overview

Location and Neighborhood

Street View

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