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    2 Bedroom Condo for sale at The Residence Kalim Bay
    Patong, Kathu,Phuket
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    Sale Price
    $342,000
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    2 Bedroom Condo for sale at The Residence Kalim Bay
    (1 Review)
    Unit ID: U1911263
    7% Rental Yield
    Patong, Kathu,Phuket
    $342,000
    2 Bedrooms
    1
    Bathroom
    1,130 Sqft
    Size
    Ground Floor
    Floor
    May 1995
    Completed
    14
    Sale Price
    $342,000

    About This Condo

    This property is a 1,130 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in May 1995. You can buy this condo for a base price of $342,000 ($303/Sqft).

    BEACHFRONT THAI-MODERN CONDOMINIUM

    With a spacious 105 sqm living area, this condo is in perfect condition, featuring double-glazed windows, a mosquito net for added comfort, and a well-furnished wardrobe. The Thai modern design and quality furnishings make it a move-in-ready home, ensuring you can enjoy your new lifestyle immediately. You can enjoy full ownership of this exceptional residence as a foreign freehold property. The condo is part of the prestigious Kalim Bay Residence, offering top-notch facilities including a swimming pool, 24/7 security with CCTV, and private parking. Invest in your dream lifestyle with this wonderful 2-bedroom condo at Kalim Bay Residence.

    Features

    BeachfrontBeachfront Pool AccessPool Access TerraceTerrace

    Basic Information

    Date Listed Aug 14, 2024
    Updated 2 months ago
    Property Type Condo
    Floor Ground Floor
    Bedrooms 2
    Size 1,130 Sqft
    Price per Sqft $303
    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, Garden 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.
    $260/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1911263

    Investment Opportunity: Charges & Yield

    Sale Price
    $342,000
    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.
    $260/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
    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 The Residence Kalim Bay, and the current sales price.
    7%

    Project Details

    Project Name: The Residence Kalim Bay
    Developer: The Residence Kalim Bay
    Construction: Completed (May 1995)
    Floors: 4
    Buildings: 3
    Units: 52
    Project Area: 103,334 Sqft
    Nearest Landmark Kalim Beach - 0.1 Km
    Location: Patong, Phuket
    The Residence Kalim Bay Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Bar Bar
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Party Hall / Group Entertainment Party Hall / Group Entertainment
    Lounge Lounge
    Communal Garden Area Communal Garden Area

    Popular Facilities at The Residence Kalim Bay

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Garden Area
      Ground Floor

    Available Units at The Residence Kalim Bay

    For Sale 3 For Rent 4
    • All
    • 2 Beds
    Get notified when new homes are being added to The Residence Kalim Bay
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at The Residence Kalim Bay 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 $2 per square meter based on the size of indoor area of the property and is $260 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.
    Kalim Beach is the nearest Beach from The Residence Kalim Bay and it is 0.1 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 The Residence Kalim Bay 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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Clean room, few steps to the beach so impressed!!!
    Jeniffer Illingworth, United Kingdom, 7 years ago
    Our family booked the place for one month and requested a room for 5 people. The apartment is cleaner and quieter than I expected. The room is spacious and decorated in Thai style. There is a bar corner in the middle of the room. The essentials for the stay are prepared. Also, the internet is fast to work without interruption. The project frontage has a fantastic outdoor swimming pool with the poolside bar. The bartender is friendly and skillful. He made tasty drinks. Unfortunately, this is a 4-story building without an elevator. When the party was over, we almost didn't make it to the room. In front of the project is a Kalim Beach, it is close to 7-eleven, pharmacy, restaurants, and money exchange; all within walking distance. In the evening, there will be street foods along the road. It takes about 2 kilometers to Jungceylon and Bangla Road, which is very convenient. I recommended this place!!
    Phuket
    Patong

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