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    1 Bedroom Condo for sale at Utopia Loft
    Rawai, Phuket Town,Phuket
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    Sale Price
    $123,000
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    1 Bedroom Condo for sale at Utopia Loft
    (1 Review)
    Unit ID: U1883424
    8% Rental Yield
    Rawai, Phuket Town,Phuket
    $123,000
    1 Bedroom
    1
    Bathroom
    398 Sqft
    Size
    Ground Floor
    Floor
    Aug 2019
    Completed
    6
    Sale Price
    $123,000

    About This Condo

    This property is a 398 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in Aug 2019. You can buy this condo for a base price of $123,000 ($308/Sqft).

    Utopia Loft 1BD Pool Level Foreign Quota

    Rare to find foreign freehold condo in Utopia Loft. Can be managed in rental program 70/30, can live in or can rent long or short term on your own. 

    Features

    Pool AccessPool Access

    Basic Information

    Date Listed Jun 27, 2024
    Updated 5 days ago
    Property Type Condo
    Floor Ground Floor
    Bedroom 1
    Size 398 Sqft
    Price per Sqft $308
    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) Pool View
    Unit Type N/A
    Building Building 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.
    $54/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1883424

    Investment Opportunity: Charges & Yield

    Sale Price
    $123,000
    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
    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.
    12
    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 Utopia Loft, and the current sales price.
    8%

    Project Details

    Project Name: Utopia Loft
    Developer: UTOPIA CORPORATION CO LTD
    Construction: Completed (Aug 2019)
    Floors: 4
    Buildings: 2
    Units: 236
    Project Area: 137,864 Sqft
    Nearest Landmark Rawai Beach - 1.8 Km
    Location: Rawai, Phuket
    Utopia Loft 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
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Utopia Loft

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Communal Pool
      Ground Floor
    • Communal Pool
      4th Floor
    • On Site Restaurant
      5th Floor
    • Spa
      5th Floor
    • Communal Gym
      5th Floor

    Available Units at Utopia Loft

    For Sale 23 For Rent 22
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at Utopia Loft
    $169,000
    $276/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 614 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Mountain View
    Updated 3 weeks ago
    Available Units at Utopia Loft
    $212,000
    $345/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 614 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Mountain View
    Available Units at Utopia Loft
    $102,000
    $396/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 258 Sqft Size
    Floor 3 Floor
    Thai Quota Unfurnished City View
    Updated 5 days ago
    Available Units at Utopia Loft
    $123,000
    $308/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor Ground Floor Floor
    Foreign Quota Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Utopia Loft
    $105,000
    $264/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Unblocked Open View
    Available Units at Utopia Loft
    $409,000
    $215/Sqft
    Beds 2 Beds
    Baths 3 Baths
    Size 1,905 Sqft Size
    Plot Size 1,615 Sqft Plot Size
    Fully Furnished Unblocked Open View
    Updated 1 month ago
    Available Units at Utopia Loft
    $123,000
    $310/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Utopia Loft
    $129,000
    $324/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Utopia Loft
    $129,000
    $324/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Utopia Loft
    $129,000
    $324/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Utopia Loft
    $129,000
    $324/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Utopia Loft
    $129,000
    $324/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Available Units at Utopia Loft
    $142,000
    $314/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 452 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Utopia Loft
    $169,000
    $425/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 3 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at Utopia Loft
    $133,000
    $334/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished City View
    Available Units at Utopia Loft
    $216,000
    $352/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 614 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Mountain View
    Available Units at Utopia Loft
    $164,000
    $411/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 2 Floor
    Thai Quota Unfurnished Mountain View
    Available Units at Utopia Loft
    $136,000
    $341/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Sea View
    Available Units at Utopia Loft
    $136,000
    $341/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Skyline View
    Available Units at Utopia Loft
    $164,000
    $411/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 2 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at Utopia Loft
    $169,000
    $425/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 3 Floor
    Thai Quota Unfurnished Mountain View
    Available Units at Utopia Loft
    $169,000
    $425/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 3 Floor
    Thai Quota Unfurnished Mountain View
    Available Units at Utopia Loft
    $169,000
    $425/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 3 Floor
    Thai Quota Unfurnished Mountain View
    Get notified when new homes are being added to Utopia Loft
    View All (23)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Utopia Loft 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,850 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 Utopia Loft the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    Rawai Beach is the nearest Beach from Utopia Loft and it is 1.8 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 Utopia Loft 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    There are many options for investment.
    Lee Cai, China, 4 years ago
    If you are looking for investment property in Phuket, I think it is a good choice. The service can be said as a very good serve as a 5-star rating, and there are many options for investment. If you do not like difficult travel, there is a free shuttle bus available to many locations (additional charges may apply). I think it's worth the long term investment, or it can be purchased as a vacation rental because it is located in a prime location close to the beach, quiet and private.
    Phuket
    Rawai

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Utopia Loft

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