Unit ID: U1921214
9% Rental Yield
Tenant-Occupied until Oct 1, 2025
Wichit, Phuket Town,Phuket
$115,000
2 Bedrooms
2
Bathrooms
1,163 Sqft
Size
3
Floor
Jun 2007
Completed

About This Condo

This property is a 1,163 Sqft condo 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 condo for a base price of $115,000 ($99/Sqft) and it is also available for long term rentals starting from $887 per month.

Beautiful big two bedroom apartment at Bel Air Panwa

This apartment is the ideal family retreat at a spectacular tropical cliff side property featuring well appointed living on the quieter side of the renowned island of Phuket.  The apartment is modern and smartly designed. The open plan living area has a Western, U shaped kitchen with gloss white cabinets, ceramic hob, and marble countertops with integrated dining table breakfast bar. The lounge opens onto a large terrace. The terrace features additional lounging and dining areas and steps downward to the 100 meter lap pool, the largest in Phuket. The apartment is decorated in sophisticated earth tones, with natural tile floors in the common space.  The bedrooms both feature built in wardrobes with ample storage space with wooden floors. The master bedrooms has a king bed and ensuite bathroom with double vanities, a bathtub, and separate, glass enclosed shower. The second bedroom has two single beds and the second bathroom also functions as the guest bath.  The development has fitness room, and an oversized lagoon pool with childrens wading area,  This unique and beautiful location, away from the crowds of the West coast, remains within easy driving distance of the major shopping centres, restaurants.. just 100 mts from the condo there's a big supermarket and a big 7 Eleven , and walking distance there are some nice restaurants.

Features

Wifi IncludedWifi Included Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 30, 2024
Updated 1 month ago
Property Type Condo
Floor 3
Bedrooms 2
Size 1,163 Sqft
Price per Sqft $99
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%.

Company
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) City View, Pool 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.
$160/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1921214

Investment Opportunity: Charges & Yield

Sale Price
$115,000
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.
$160/mo
Rent
$887/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.
11
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) 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 6 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 $160 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.
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

Projects Nearby Bel Air Panwa

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Project Name
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Location
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Location
Wichit, Phuket Town, Phuket
Number of units
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Sales Prices
$813.44K - $5.16M
Monthly Rentals
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Year Built
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Completion Status
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Location
Wichit, Phuket Town, Phuket
Number of units
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Sales Prices
$3.61M - $3.82M
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Location
Wichit, Phuket Town, Phuket
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▼ -17.3% underpriced
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Location
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Number of units
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Year Built
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