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    1 Bedroom Condo for sale at Palmetto Park Condominium
    Karon, Phuket Town,Phuket
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    Sale Price
    $145,000
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    1 Bedroom Condo for sale at Palmetto Park Condominium
    (1 Review)
    Unit ID: U1720364
    Karon, Phuket Town,Phuket
    $145,000
    1 Bedroom
    1
    Bathroom
    334 Sqft
    Size
    5
    Floor
    Mar 2024
    Completed
    10
    Sale Price
    $145,000

    About This Condo

    This property is a 334 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Mar 2024. You can buy this condo for a base price of $145,000 ($435/Sqft).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jan 24, 2024
    Updated 3 weeks ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 334 Sqft
    Price per Sqft $435
    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) Sea View, City View, Unblocked Open View
    Unit Type N/A
    Building Palmetto Park Condominium
    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.
    $54/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1720364

    Investment Opportunity: Charges & Yield

    Sale Price
    $145,000
    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.
    $54/mo

    Project Details

    Project Name: Palmetto Park Condominium
    Developer: Art House Group
    Construction: Completed (Mar 2024)
    Floors: 7
    Buildings: 1
    Units: 77
    Project Area: 12,056 Sqft
    Nearest Landmark Karon Beach - 0.8 Km
    Location: Karon, Phuket
    Palmetto Park Condominium Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Library / Reading Room Library / Reading Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area

    Popular Facilities at Palmetto Park Condominium

    • All
    • Leisure
    • Convenience
    3
    • Communal Pool
      Rooftop
    • Library / Reading Room
      1st Floor
    • Reception / Lobby Area
      1st Floor

    Available Units at Palmetto Park Condominium

    • All
    • 1 Bed
    Get notified when new homes are being added to Palmetto Park Condominium
    View All (5)

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    Frequently Asked Questions

    No pets are allowed at Palmetto Park Condominium 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 $2 per square meter based on the size of indoor area of the property and is $54 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 Palmetto Park Condominium the required payment for the sinking fund is $23 per square meter based on the size of the indoor area of the property.
    Karon Beach is the nearest Beach from Palmetto Park Condominium and it is 0.8 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 Palmetto Park Condominium 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
    Reservation Deposit
    $4,350
    2nd Installment
    Upon contract signing
    65%
    3rd Installment
    On handover
    35%

    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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    It is an interesting project.
    Lisa W., United Kingdom, 2 years ago
    It is an interesting project since it's close to Karon Beach, with only 10 minutes in walking distance. The surrounding area is serene, surrounded by lush green mountains, providing a pleasant atmosphere. Many restaurants and shops are nearby, as well as being close to Kata Beach and Patong Beach. Interestingly, there are only 70 units, ranging from 1 to 2 bedrooms. 1 bedroom units are variously offered, ideal for staying 1-2 people, designed in modern and tastefully decorated. The facilities include the lounge, garden area, swimming pool, gym, etc. The selling price is also affordable, giving the best-guaranteed returns, which is perfect for investment. Well, it's a new project in an excellent location.
    Phuket
    Karon

    Neighborhood Overview

    Location and Neighborhood

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    Year Built
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    Completion Status
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