Unit ID: U19332
11% Rental Yield
Choeng Thale, Thalang,Phuket
$72,300
1 Bedroom
1
Bathroom
538 Sqft
Size
3
Floor
Jan 2007
Completed

About This Condo

This property is a 538 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 Jan 2007. You can buy this condo for a base price of $72,300 ($134/Sqft).

Oh Hey There Savvy Investor: ฿2.5 Mil for a 50 SqM in Surin Gate!

Are you a savvy investor of the condominium market? Here's a golden opportunity you won't want to miss out! For just ฿2,500,000 (฿50,000/SqM) you can own a 50 SqM condo with 1 bedroom and 1 bathroom situated in the luxurious Surin Gate project in Choeng Thale, Phuket! Built in Jan 2007, this swanky pad boasts character and charm in such an exclusive area - one that is just screaming with potential.Need to move ASAP? No problem! This condo is ready to become your home whenever you're ready. With everything from local attractions to world-renowned amenities all within close proximity, this could be your 'If I found this property at a higher price, I wouldn't take it'-type opportunity.Wondering about the neighbourhood? As one of Phuket's top tourist attractions, the Surin Gate project has it all – five star hotels, white-sanded beaches, and a lively nightlife to name a few. Boat trips and excursions are also close at hand, allowing you to make the most of those postcard-perfect Thai views right from your doorstep.Take advantage of this opportunity now and check out the Surin Gate project today. If you're looking for a dynamite investing opportunity, this could be exactly what you're looking for!

Features

TerraceTerrace

Basic Information

Date Listed Jun 27, 2024
Updated 5 months ago
Property Type Condo
Floor 3
Bedroom 1
Size 538 Sqft
Price per Sqft $134
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%.

Thai 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) Mountain 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.
$103/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U19332

Investment Opportunity: Charges & Yield

Sale Price
$72,300
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.
$103/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.
9
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 Surin Gate, and the current sales price.
11%

Project Details

Project Name: Surin Gate
Developer: N/A
Construction: Completed (Jan 2007)
Floors: 5
Buildings: N/A
Units: 44
Project Area: N/A
Nearest Landmark Surin Beach - 1.1 Km
Location: Choeng Thale, Phuket
Surin Gate Project Details

Project Features

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

Available Units at Surin Gate

For Sale 7 For Rent 2
Get notified when new homes are being added to Surin Gate
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Surin Gate 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 $103 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.
Surin Beach is the nearest Beach from Surin Gate and it is 1.1 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 Surin Gate 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Such a perfect place!
Laura Bake, Germany, 3 years ago
The condo is surrounded by all amenities, within walking distance. There is a 7-Eleven right in front of the property and various shops and restaurants nearby. Moreover, it takes only a 15-minute walk to Surin Beach. The condo is sitting in a peaceful environment with a lovely swimming pool, perfect for relaxing. My one-bedroom unit comes with Thai-style furniture and WiFi. There are not many people living here, so it's not crowded, making me feel private. This condo impressed me very much!
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Surin Gate

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
Location
Choeng Thale, Thalang, Phuket
Number of units
186
Sales Prices
$101.17K - $635.94K
▲ 15% overpriced
Monthly Rentals
N/A
Year Built
Nov 2024
Completion Status
Completed
Project Name
Sansuri
Location
Choeng Thale, Thalang, Phuket
Number of units
32
Sales Prices
$361.33K - $544.6K
▼ -25% underpriced
Monthly Rentals
$1.45K - $3.47K
Year Built
Feb 2014
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
23
Sales Prices
$1.01M - $11.45M
▲ 14.5% overpriced
Monthly Rentals
$10.12K - $52.03K
Year Built
Dec 2005
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
144
Sales Prices
$99.7K - $210.07K
Monthly Rentals
N/A
Year Built
Oct 2026
Completion Status
Off Plan
Project Name
The Quarter
Location
Choeng Thale, Thalang, Phuket
Number of units
20
Sales Prices
$260.16K - $485.63K
Monthly Rentals
$867
Year Built
Jun 2009
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
$737.12K
▼ -33.5% underpriced
Monthly Rentals
N/A
Year Built
Apr 2007
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
27
Sales Prices
$325.96K - $2.4M
▲ 33% overpriced
Monthly Rentals
$1.59K - $4.34K
Year Built
Dec 2021
Completion Status
Completed
Project Name
Surin Spring
Location
Choeng Thale, Thalang, Phuket
Number of units
16
Sales Prices
$1.1M
▼ -34% underpriced
Monthly Rentals
$8.67K
Year Built
Dec 2000
Completion Status
Completed
Project Name
Rainpalm Villas
Location
Choeng Thale, Thalang, Phuket
Number of units
21
Sales Prices
$661.96K - $1.02M
Monthly Rentals
N/A
Year Built
Dec 2025
Completion Status
Off Plan
Project Name
Aristo 1
Location
Choeng Thale, Thalang, Phuket
Number of units
155
Sales Prices
$80.94K - $354.29K
▼ -14.2% underpriced
Monthly Rentals
$578 - $1.01K
Year Built
Nov 2016
Completion Status
Completed
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