Unit ID: U1641662
Patong, Kathu,Phuket
$70,000
1 Bedroom
1
Bathroom
323 Sqft
Size
4
Floor
Nov 2017
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 Patong, Phuket and was completed in Nov 2017. You can buy this condo for a base price of $70,000 ($217/Sqft).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 21, 2023
Updated 4 weeks ago
Property Type Condo
Floor 4
Bedroom 1
Size 323 Sqft
Price per Sqft $217
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
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
Unit Type 1BR
Building Patong Bay Residence 1
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.
N/A
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1641662

Investment Opportunity: Charges & Yield

Sale Price
$70,000

Project Details

Project Name: Patong Bay Residence
Developer: Patong Bay Group
Construction: Completed (Nov 2017)
Floors: 8
Buildings: 4
Units: 305
Project Area: 17,222 Sqft
Nearest Landmark Patong Beach - 0.8 Km
Location: Patong, Phuket
Patong Bay Residence Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Patong Bay Residence

  • Communal Pool
    Rooftop
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor
  • Steam Room
    Ground Floor

Available Units at Patong Bay Residence

Get notified when new homes are being added to Patong Bay Residence
View All (5)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Reservation deposit + 20,000 THB lawyer fee
$6,420
1st Installment
Upon contract signature within 30 days from signing the reservation agreement
100%

Frequently Asked Questions

No pets are allowed at Patong Bay Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Beach is the nearest Beach from Patong Bay Residence 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 Patong Bay Residence 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 + 20,000 THB lawyer fee
$6,420
1st Installment
Upon contract signature within 30 days from signing the reservation agreement
100%

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

4.4 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent!!!
Liza R., United States, 3 years ago
I just reserved a room for this project last month at a low price as it's an off-plan project with convincing promotions provided. There is a guarantee of 7% for 15 years as well. More importantly, I do not have to pay for the fund, water, and maintenance fees. Excellent!!! The project has all the facilities. My favorite spot is the rooftop pool, opening to a full view of Patong Beach. The room I reserved is a 1 bedroom unit, comes in a decent size, and not crowded. It is decorated with attractive modern furniture. It takes less than 2 kilometers from Patong Beach.
This condo is suitable for both investment and relaxation !!
Dave Peper, France, 4 years ago
I've been reading through investments for this project and went to see the affiliate project here. I think it is an okay project and the best location. It is just about 1 kilometer from the beachfront of Patong Beach, which you can walk or take a shuttle bus from the project. In addition, this neighborhood has many restaurants, and most of them are western restaurants. It is convenient for foreigners. There is also available in the hotel part as well with helpful and friendly staff who always help. The surrounding area is clean and safe. I think many investors will book this project, and it will be completed in about 2 years !! This condo is suitable for both investment and relaxation !!
New projects, good locations, worth investing in
Ellie Rooker, United States, 4 years ago
It is a new interesting project and worth investing in because the location is good, situated near Patong Beach. I am interested in this project and have already reserved a room for 1 unit to receive future rental returns. In addition, I was able to stay free for up to 4 weeks a year without having to pay extra. I think it would be okay and not waste investing and also get returns.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patong Bay Residence

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Unity Patong
Location
Patong, Kathu, Phuket
Number of units
66
Sales Prices
$145.55K - $291.68K
▲ 6.5% overpriced
Monthly Rentals
$729 - $3.24K
Year Built
Jan 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
178
Sales Prices
$70K - $183.76K
▼ -1.2% underpriced
Monthly Rentals
$583 - $1.31K
Year Built
May 2015
Completion Status
Completed
Project Name
Patong Loft
Location
Patong, Kathu, Phuket
Number of units
82
Sales Prices
$72.92K - $218.76K
▲ 5% overpriced
Monthly Rentals
$729 - $1.46K
Year Built
Dec 2006
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
96
Sales Prices
$94.8K - $379.18K
▲ 2% overpriced
Monthly Rentals
$875 - $2.67K
Year Built
May 2014
Completion Status
Completed
Project Name
Andaman Hills
Location
Patong, Kathu, Phuket
Number of units
24
Sales Prices
$375.68K - $525.02K
Monthly Rentals
N/A
Year Built
Dec 1993
Completion Status
Completed
Project Name
The Deck Patong
Location
Patong, Kathu, Phuket
Number of units
270
Sales Prices
$122.5K - $437.52K
▲ 35% overpriced
Monthly Rentals
$729 - $2.19K
Year Built
Aug 2015
Completion Status
Completed
Project Name
Patong Condotel
Location
Patong, Kathu, Phuket
Number of units
126
Sales Prices
$51.04K - $113.73K
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 1991
Completion Status
Completed
Project Name
BYD Lofts
Location
Patong, Kathu, Phuket
Number of units
20
Sales Prices
$355.85K - $367.51K
▼ -1% underpriced
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
Project Name
The Charm
Location
Patong, Kathu, Phuket
Number of units
246
Sales Prices
$203.59K - $306.26K
▼ -6% underpriced
Monthly Rentals
$1.98K
Year Built
Sep 2014
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
26
Sales Prices
$997.54K
▲ 1.2% overpriced
Monthly Rentals
N/A
Year Built
Dec 2006
Completion Status
Completed
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