Unit ID: U1922314
7% GUAR. RETURN FOR 7 YEARS
Tenant-Occupied until Jun 30, 2028
Karon, Phuket Town,Phuket
$157,000
1 Bedroom
1
Bathroom
377 Sqft
Size
6
Floor
Jan 2022
Completed

About This Condo

This property is a 377 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Jan 2022. You can buy this condo for a base price of $157,000 ($416/Sqft).

Features

Private PoolPrivate Pool Pool AccessPool Access Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Aug 31, 2024
Updated 1 week ago
Property Type Condo
Floor 6
Bedroom 1
Size 377 Sqft
Price per Sqft $416
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%.

N/A
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, Pool View, Garden View, Unblocked Open 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.
$61/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 U1922314

Investment Opportunity: Charges & Yield

Sale Price
$157,000
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.
$61/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
7 Years

Project Details

Project Name: Wekata Luxury
Developer: Phuket9 Co., Ltd.
Construction: Completed (Jan 2022)
Floors: 8
Buildings: N/A
Units: 15
Project Area: N/A
Nearest Landmark Kata Beach - 0.5 Km
Location: Karon, Phuket
Wekata Luxury 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Available Units at Wekata Luxury

Available Units at Wekata Luxury
$132,000
$401/Sqft
Beds 1 Beds
Baths 1 Baths
Size 328 Sqft Size
Floor 5 Floor
Leasehold Fully Furnished Garden View
Updated 1 week ago
Available Units at Wekata Luxury
$157,000
$416/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 6 Floor
Fully Furnished Mountain View
Updated 1 month ago
Available Units at Wekata Luxury
$174,000
$359/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 7 Floor
Leasehold Fully Furnished Mountain View
Updated 1 month ago
Available Units at Wekata Luxury
$161,000$204,000
$373/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 7 Floor
Leasehold Fully Furnished Mountain View
Updated 1 month ago
Available Units at Wekata Luxury
$265,000
$379/Sqft
Beds 1 Beds
Baths 1 Baths
Size 700 Sqft Size
Floor 1 Floor
Fully Furnished Pool View
Available Units at Wekata Luxury
$166,000
$349/Sqft
Beds Studio Beds
Baths 1 Baths
Size 477 Sqft Size
Floor 7 Floor
Fully Furnished City View
Available Units at Wekata Luxury
$139,000
$424/Sqft
Beds 1 Beds
Baths 1 Baths
Size 328 Sqft Size
Floor 2 Floor
Leasehold Fully Furnished City View
Available Units at Wekata Luxury
$152,000
$456/Sqft
Beds Studio Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 7 Floor
Leasehold Fully Furnished Partial Sea View
Available Units at Wekata Luxury
$146,000
$452/Sqft
Beds 1 Beds
Baths 1 Baths
Size 324 Sqft Size
Floor 5 Floor
Leasehold Fully Furnished Mountain View
Available Units at Wekata Luxury
$154,000
$357/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 7 Floor
Fully Furnished Mountain View
Available Units at Wekata Luxury
$161,000
$491/Sqft
Beds 1 Beds
Baths 1 Baths
Size 328 Sqft Size
Floor 6 Floor
Company Fully Furnished Pool View
Available Units at Wekata Luxury
$176,000
$471/Sqft
Beds 1 Beds
Baths 1 Baths
Size 373 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Garden View
Available Units at Wekata Luxury
$176,000
$473/Sqft
Beds 1 Beds
Baths 1 Baths
Size 371 Sqft Size
Floor 7 Floor
Leasehold Fully Furnished Mountain View
Available Units at Wekata Luxury
$229,000
$461/Sqft
Beds 1 Beds
Baths 1 Baths
Size 497 Sqft Size
Floor 4 Floor
Company Fully Furnished Pool View
Available Units at Wekata Luxury
$278,000
$399/Sqft
Beds 1 Beds
Baths 1 Baths
Size 697 Sqft Size
Floor 1 Floor
Leasehold Fully Furnished Pool View
Get notified when new homes are being added to Wekata Luxury
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Frequently Asked Questions

No pets are allowed at Wekata Luxury 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 $64 per square meter based on the size of indoor area of the property and is $61 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 Wekata Luxury the required payment for the sinking fund is $429 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Wekata Luxury 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 Wekata Luxury 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

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Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Wekata Luxury

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Year Built
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Karon, Phuket Town, Phuket
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$95.24K - $175.56K
Monthly Rentals
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Year Built
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Number of units
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Number of units
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Sales Prices
$96.14K - $192.4K
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$207.45K - $777.14K
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Karon, Phuket Town, Phuket
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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