Unit ID: U1927392
7% Rental Yield
Patong, Kathu,Phuket
$261,000
1 Bedroom
1
Bathroom
726 Sqft
Size
5
Floor
Jan 2015
Completed

About This Condo

This property is a 726 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 Jan 2015. You can buy this condo for a base price of $261,000 ($359/Sqft).

Features

Beach AccessBeach Access Ocean AccessOcean Access Pool AccessPool Access Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Sep 4, 2024
Updated 3 months ago
Property Type Condo
Floor 5
Bedroom 1
Size 726 Sqft
Price per Sqft $359
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) Mountain View, Park View, City View
Unit Type N/A
Building The Unity
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.
$138/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 U1927392

Investment Opportunity: Charges & Yield

Sale Price
$261,000
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.
$138/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.
13
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 The Unity Patong, and the current sales price.
7%

Project Details

Project Name: The Unity Patong
Construction: Completed (Jan 2015)
Floors: 7
Buildings: 2
Units: 66
Project Area: 34,445 Sqft
Nearest Landmark Patong Beach - 1.6 Km
Location: Patong, Phuket
The Unity Patong 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

Popular Facilities at The Unity Patong

  • Communal Pool
    Rooftop
  • Communal Pool
    Rooftop
  • Communal Gym
    2nd Floor
  • Communal Garden Area
    Ground Floor

Available Units at The Unity Patong

For Sale 5 For Rent 7
Get notified when new homes are being added to The Unity Patong
View All (5)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Unity Patong 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 $138 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 The Unity Patong the required payment for the sinking fund is $16 per square meter based on the size of the indoor area of the property.
Patong Beach is the nearest Beach from The Unity Patong and it is 1.6 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 The Unity Patong 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

4.4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location, amazing panoramic sea view, well maintained
Jeremie Pieyre, France, Former Resident, 3 years ago
The condominium is located at the bottom of a hill which offers one of the best views you can get from Patong bay. Despite being on a hill, it's very close to the beach (about 5 minutes walk). The swimming pool on the rooftop is a big plus to enjoy the sea view. The maintenance of the building and common areas is good. The apartment I used is spacious and offers a very nice view plus it comes with all you need.
Large rooftop swimming pool, Nice staff
Shani Virgil, Sweden, 5 years ago
It's one of my great relaxation places. I highly recommend The Unity Patong is very close to the beach. I rented a room with 2 bedrooms, 2 bathrooms. The room was very clean and decorated in a modern style. The staff is friendly. But at first, the staff were quite busy making it seem like they are not very friendly. In the end, it is very good. In the project, there are many facilities provided, such as a fitness center. The project highlight will be the large rooftop swimming pool with a landscape view, making it a very relaxing atmosphere. Besides, staying at The Unity Patong, it can travel everywhere conveniently. You can walk on foot to the beach, the neighborhood, and it is close to 7-Eleven, opening 24 hours a day and can travel comfortably to visit Phuket Town by public bus or taxi for only 20 minutes. It is a condominium that is calm, privacy, and complete.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Unity Patong

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
Patong, Kathu, Phuket
Number of units
96
Sales Prices
$95.19K - $380.75K
▲ 2% overpriced
Monthly Rentals
$879 - $2.68K
Year Built
May 2014
Completion Status
Completed
Project Name
Andaman Hills
Location
Patong, Kathu, Phuket
Number of units
24
Sales Prices
$377.24K - $553.55K
Monthly Rentals
N/A
Year Built
Dec 1993
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
178
Sales Prices
$70.29K - $184.52K
▼ -1.2% underpriced
Monthly Rentals
$586 - $1.32K
Year Built
May 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
305
Sales Prices
$70.29K - $108.37K
▼ -1.7% underpriced
Monthly Rentals
N/A
Year Built
Nov 2017
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
26
Sales Prices
$1M
▲ 1.2% overpriced
Monthly Rentals
N/A
Year Built
Dec 2006
Completion Status
Completed
Project Name
The Deck Patong
Location
Patong, Kathu, Phuket
Number of units
270
Sales Prices
$123.01K - $439.33K
▲ 35% overpriced
Monthly Rentals
$732 - $2.2K
Year Built
Aug 2015
Completion Status
Completed
Project Name
The Charm
Location
Patong, Kathu, Phuket
Number of units
246
Sales Prices
$204.43K - $307.53K
▼ -6% underpriced
Monthly Rentals
$1.99K
Year Built
Sep 2014
Completion Status
Completed
Project Name
BYD Lofts
Location
Patong, Kathu, Phuket
Number of units
20
Sales Prices
$357.32K - $369.04K
▼ -1% underpriced
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
Project Name
Patong Loft
Location
Patong, Kathu, Phuket
Number of units
82
Sales Prices
$73.22K - $219.66K
▲ 5% overpriced
Monthly Rentals
$732 - $1.46K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Patong Condotel
Location
Patong, Kathu, Phuket
Number of units
126
Sales Prices
$51.25K - $123.01K
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 1991
Completion Status
Completed
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