Unit ID: U1413304
9% Rental Yield
Wichit, Phuket Town,Phuket
$176,000
2 Bedrooms
2
Bathrooms
1,163 Sqft
Size
2
Floor
Jun 2007
Completed

About This Apartment

This property is a 1,163 Sqft apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Jun 2007. You can buy this apartment for a base price of $176,000 ($152/Sqft).

A Spectacular Seaview Apartment at Bel Air Panwa

Ready for you to move in. This 1 owner, foreign freehold unit completed in 2007 is part of the Bel Air Panwa Condominium located in a quiet Cape Panwa area of  Phuket Island, which is in the south-east corner of Phuket and directly in front of Port of Phuket. International Cruise Ships regularly come into port here. The complex features large garden areas with 2 swimming pools, a large Veranda, Gym, Security on-site parking and more. Numerous local and international restaurant and hotel options are near-by and Phuket Town is a short 15 minute drive with minimal traffic away, so the location is very covenant. Multiple grocery options are within 0.5 km from the condo as well. This is a great area of Phuket for those that want to live in a quiet area while still being close to all of the great food, conveniences and activities that Phuket has to offer. Phuket has it’s own International Airport and many attractions so expect you friends and family to want to come and visit.  About the unit:  This foreign freehold 108.3 sqm, 2 Bedroom, 2 Bathroom unit is located in a quiet area of Cape Panwa which is in the south-east corner of Phuket Island in Thailand. You can easily walk up to this level in the upper building where the unit is located or you can take advantage of the elevator. Both options are easy to use.  With stunning East facing views from the Living Room, Master Bedroom and from the full width Balcony, you can see both of the Phi Phi Islands as well as numerous other islands to the east. You will never get tired of taking full advantage of the spacious balcony with some of the best sea views in Phuket. All while staying dry and comfortable, even during rain. In addition to the islands that are in front of you, you are overlooking the upper swimming pool and the large veranda. Enjoy your quiet dinner and evening in comfort on the balcony which is equipped with a comfortable table and seating for 6 people, lighting and ceiling fans. Originally purchased by the current owner off-plan and never rented, this unit has been well maintained and has numerous upgraded to make you feel completely at home. All rooms are equipped with individual Air Conditioning to keep you comfortable in the space that you are using while maintaining a reasonable monthly electricity bill. Both of the bathrooms and the kitchen have hot and cold water.  Starting as you enter this condo, a screen door has been added to increase privacy while allowing the ocean breeze to enhance your comfort during the hottest of weather. Both the Living Room and Master Bedroom have sliding glass doors to create a very open floor plan and cool spacious feeling.  The full western Kitchen has numerous upgrades including a gas cook top, built in full size Electric Oven, addition Kitchen Cabinets for extra storage space, upgraded lighting and additional electrical point have all been installed. The large granite countertop will surely meet your needs for space to prepare you meals while also providing a space to have a snack or socialize while someone else is doing the cooking. Near the entry is another air-conditioner for you comfort. The Living Room with balcony access, has had additional electrical points installed so that you can easily connect all of your electrical items where you want to use them. A ceiling fan is located above to keep you comfortable. A Cable TV point is provided by the condominium so that you have CATV to watch. There is also a double door storage closet/pantry for storge that is easily accessed from the Living Room and Kitchen. The living room also has another air-conditioner for if you decide that you want to close up. The spacious Master Bedroom with balcony access has plenty of space for a king-size bed along with your other bedroom furniture so that you are always comfortable in your bedroom. There are two built-in wardrobes for your storage, air-conditioning and a ceiling fan. Additional power outlets have been installed as well as a cable TV point so that you have electricity where you want to use it.  The large Master Bathroom also has been upgraded and includes a double sink, a large glass shower enclosure with both a hand-held shower-head and a fixed rainwater shower-head. For your relaxation a large 2-person jacuzzi will ensure that you have no worries by the end of the day. The clothes washing machine and electric drier are also located in the master bathroom so you can easily take care of your laundry needs at home.  The common bathroom is located between the entry door and the kitchen. It also has upgraded lighting and a newer shower. A single sink is also provided to make this a fully functional second bathroom. Finally, the second Bedroom is across the corridor from the common bathroom and next to the entrance. This bedroom is equipped with a built-in wardrobe, air-conditioning and a ceiling fan.

Features

JacuzziJacuzzi BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jun 12, 2023
Updated 1 month ago
Property Type Apartment
Floor 2
Bedrooms 2
Size 1,163 Sqft
Price per Sqft $152
Pets Not Allowed
Apartment 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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Sea View, Pool View, Garden 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.
$156/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1413304

Investment Opportunity: Charges & Yield

Sale Price
$176,000
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.
$156/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 2 bedroom apartments at Bel Air Panwa, and the current sales price.
9%

Project Details

Project Name: Bel Air Panwa
Developer: N/A
Construction: Completed (Jun 2007)
Floors: 5
Buildings: N/A
Units: 87
Project Area: N/A
Nearest Landmark Cape Panwa - 0.2 Km
Location: Wichit, Phuket
Bel Air Panwa 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

Available Units at Bel Air Panwa

For Sale 7 For Rent 11
Get notified when new homes are being added to Bel Air Panwa
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Frequently Asked Questions

No pets are allowed at Bel Air Panwa 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 $1 per square meter based on the size of indoor area of the property and is $156 for this apartment. 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.
Cape Panwa is the nearest Town from Bel Air Panwa and it is 0.2 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 Bel Air Panwa 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

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Peaceful location near Panwa Cape
An Xing, China, 5 years ago
The condo we rent has 2 beds 2 baths, quite spacious and well proportioned. Plus, it faces the beach, so I enjoy the beautiful sea view in the morning. As I barely go out on the weekends, I usually go to the gym, a swimming pool, and a spa in the condo. The location is excellent because there are many amenities like 7-11, restaurants, hospitals, and schools. It's nice to move to this area because I can have a full rest. The atmosphere is so relaxing. Not surprised why there are many big hotels around, and it's also not far from Phuket Town. Just 20 minutes to Central Festival Phuket Kaew, or you can go kayaking in Ao Yon, which is just 5 minutes away. So impressive, I will be back!
A large room is modernly styled
Jin Lim, South Korea, 8 years ago
The balcony of each room faces the sea, so I can always adore the speechless sea view. A large room is modernly styled, decorated with quality furniture, but the TV is quite old-fashioned, not a current LED one we use these days. The common area has various facilities such as a swimming pool, kid area, and pool table.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

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