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    1 Bedroom Condo for sale at Palmyrah Surin Beach Residence
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $106,000
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    1 Bedroom Condo for sale at Palmyrah Surin Beach Residence
    (2 Reviews)
    Unit ID: U1108282
    7% Rental Yield
    Tenant-Occupied until Nov 30, 2025
    Choeng Thale, Thalang,Phuket
    $106,000
    1 Bedroom
    1
    Bathroom
    418 Sqft
    Size
    4
    Floor
    Aug 2018
    Completed
    9
    Sale Price
    $106,000

    About This Condo

    This property is a 418 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Aug 2018. You can buy this condo for a base price of $106,000 ($255/Sqft) and it is also available for long term rentals starting from $633 per month.

    Features

    Pool AccessPool Access TerraceTerrace BalconyBalcony Fully RenovatedFully Renovated TVTV

    Basic Information

    Date Listed Nov 1, 2022
    Updated 2 months ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 418 Sqft
    Price per Sqft $255
    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
    N/A
    View(s) Pool View
    Unit Type N/A
    Building N/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.
    $67/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1108282

    Investment Opportunity: Charges & Yield

    Sale Price
    $106,000
    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.
    $67/mo
    Rent
    $633/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.
    14
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    7%

    Project Details

    Project Name: Palmyrah Surin Beach Residence
    Developer: Ocean Group Asia
    Construction: Completed (Aug 2018)
    Floors: 7
    Buildings: 4
    Units: 164
    Project Area: 46,681 Sqft
    Nearest Landmark Surin Beach - 0.5 Km
    Location: Choeng Thale, Phuket
    Palmyrah Surin Beach Residence Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Spa Spa
    Direct Beach Access Direct Beach Access
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Palmyrah Surin Beach Residence

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Pool
      Rooftop
    • Communal Gym
      Rooftop

    Available Units at Palmyrah Surin Beach Residence

    For Sale 12 For Rent 2
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Palmyrah Surin Beach Residence
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at Palmyrah Surin Beach Residence 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 £53 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 Palmyrah Surin Beach Residence the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
    Surin Beach is the nearest Beach from Palmyrah Surin Beach Residence and it is 0.5 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 Palmyrah Surin Beach Residence 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

    4.3 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Good place.
    Elena T., New Zealand, 3 years ago
    My husband and I stayed here for five nights. The room we stayed in was a good size, one bedroom. The furniture is new and in good condition but the Wifi doesn't work at all. What I like is there is a housekeeper who cleans the room every day. Also, the reception staff was helpful in everything. There are two communal swimming pools and a children's pool. Overall, it's good to stay here. Good atmosphere, and beautiful hotel! Most importantly, it's very close to Surin Beach; you can walk in less than 10 minutes.
    This is a perfect place at an affordable price
    Lucas Pedersen, Denmark, 5 years ago
    This is a perfect place at an affordable price. The room I bought is 1 bedroom with 1 bathroom. It isn't spacious, but the room plan is tidy and functional. The decoration is quite simple. You can use the project's facilities, which are as exclusive as the hotel standard, such as a swimming pool, a gym, a bar, and a restaurant. Super convenient! I also love the location, just 10 minutes to a tranquil Surin Beach, a perfect getaway for those who seek a peaceful vacation.
    Phuket
    Choeng Thale

    Neighborhood Overview

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