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    2 Bedroom Condo for sale at Heritage Suites
    Kathu, Kathu,Phuket
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    Sale Price
    $377,000
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    2 Bedroom Condo for sale at Heritage Suites
    (1 Review)
    Unit ID: U1800776
    5% Rental Yield
    Kathu, Kathu,Phuket
    $377,000
    2 Bedrooms
    2
    Bathrooms
    1,916 Sqft
    Size
    4
    Floor
    Dec 2008
    Completed
    10
    Sale Price
    $377,000

    About This Condo

    This property is a 1,916 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Kathu, Phuket and was completed in Dec 2008. You can buy this condo for a base price of $377,000 ($197/Sqft).

    2bed 2bath

    Condominium features:  - 2 Beds 2 Baths 1 Guest toilet with basin. - Corner room on 4th floor. - ⁠Usable area 178.85 Sqm. - ⁠Quiet area in Katu  - ⁠Spacious Dinning/ Living & Kitchen counter  - ⁠Kitchen corner with ceramic hop, refrigerator, counter bar(U-form)  - ⁠2 Balconies nice view  - ⁠Fully furnished  - ⁠Storage room & laundry room - ⁠Private ca parking  - ⁠Fitness area  - ⁠Security guard 24 hrs. - ⁠Chanote title by Thai citizen

    Features

    Corner UnitCorner Unit BathtubBathtub

    Basic Information

    Date Listed Apr 12, 2024
    Updated 6 months ago
    Property Type Condo
    Floor 4
    Bedrooms 2
    Size 1,916 Sqft
    Price per Sqft $197
    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%.

    Thai 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) N/A
    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.
    $197/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 U1800776

    Investment Opportunity: Charges & Yield

    Sale Price
    $377,000
    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.
    $197/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.
    19
    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 condos at Heritage Suites, and the current sales price.
    5%

    Project Details

    Project Name: Heritage Suites
    Developer: N/A
    Construction: Completed (Dec 2008)
    Floors: 7
    Buildings: N/A
    Units: 67
    Project Area: N/A
    Nearest Landmark Central Festival Phuket - 2.3 Km
    Location: Kathu, Phuket
    Heritage Suites Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Steam Room Steam Room
    Communal Garden Area Communal Garden Area

    Available Units at Heritage Suites

    For Sale 1 For Rent 6
    • All
    • 2 Beds
    Get notified when new homes are being added to Heritage Suites
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at Heritage Suites 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 $197 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.
    Central Festival Phuket is the nearest Shopping Mall from Heritage Suites and it is 2.3 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 Heritage Suites 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

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Big room, cozy and travel convenient
    Latosha Smirnov, Russia, 6 years ago
    The condo is close to the city center, so it's easy to travel everywhere like Tesco Lotus, Central Festival, or the Weekend night market. Also near Patong Beach, it takes less than 20 minutes. The project's location is not on a busy road with optional routes. The condo was finished many years ago, so it looks a bit old. Most of the neighbors here are foreigners that live with family and children, making some noisy days. The room is large. You can see that there are small numbers of units in 2 buildings. I can enjoy the large space in the bedroom and bathroom, which has a bathtub and rain shower. The balcony is massive, too, so that I can enjoy the view. There is also a clubhouse, a pool, gym, and parking space.
    Phuket
    Kathu

    Neighborhood Overview

    Location and Neighborhood

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