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    2 Bedroom Penthouse for sale at Absolute Twin Sands III
    Patong, Kathu,Phuket
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    Sale Price
    $710,000
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    2 Bedroom Penthouse for sale at Absolute Twin Sands III
    (1 Review)
    Unit ID: U282943
    7% GUAR. RETURN FOR 3 YEARS
    Patong, Kathu,Phuket
    $710,000
    2 Bedrooms
    3
    Bathrooms
    1,483 Sqft
    Size
    5
    Floor
    Dec 2017
    Completed
    15
    Sale Price
    $710,000

    About This Penthouse

    This property is a 1,483 Sqft penthouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2017. You can buy this penthouse for a base price of $710,000 ($479/Sqft).

    Almost New Penthouse Condo With Warranty and Whole Roof Top!

    This penthouse condo faces west for awesome sunsets in the sea. It is a 5-minute walk to Merlin Beach and a 10-minute walk to some awesome 5* restaurants. There is two nice restaurants on the property too. There is a hourly free shuttle to Patong's 2 malls for shopping or fun on Bangla Street. The rooftop 366.8 sq.M gives great 360-degree views of wildlife in the jungle on a mountain ( With binoculars or a drone!). and the stars at night that jump out at you. You can hear elephants call each other in the mornings and evenings. Sometimes we see a whale pod feeding at dusk. During New Years the fireworks from the Marriott are so close you can feel the heat. We love watching the cruise ships come and go. The rooftop also has a man cave, swimming pool, toilet, Wi-Fi, and private access to an elevator from the roof. We also have a private stair well to our rooftop from the kitchen. The condo has two balconies with large glass doors that give an awesome view of the sea. The total private space rooftop and penthouse condo is 504.6 sq. meters. I have posted many pictures taken at the rooftop. I feel the rooftop is a major selling point because of the shows and parties you can have there.

    Features

    BeachfrontBeachfront Beach AccessBeach Access OceanfrontOceanfront Ocean AccessOcean Access Private PoolPrivate Pool Pool AccessPool Access Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Outdoor ShowersOutdoor Showers

    Basic Information

    Date Listed Jan 29, 2020
    Updated 2 weeks ago
    Property Type Penthouse
    Floor 5
    Bedrooms 2
    Size 1,483 Sqft
    Price per Sqft $479
    Pets Not Allowed
    Penthouse 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, Mountain View, Partial Sea 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.
    $326/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U282943

    Investment Opportunity: Charges & Yield

    Sale Price
    $710,000
    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.
    $326/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
    3 Years

    Project Details

    Project Name: Absolute Twin Sands III
    Developer: Absolute World Group
    Construction: Completed (Dec 2017)
    Floors: 5
    Buildings: N/A
    Units: 86
    Project Area: N/A
    Nearest Landmark Bangla Road - 2.7 Km
    Location: Patong, Phuket
    Absolute Twin Sands III Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Spa Spa
    Steam Room Steam Room
    Sauna Sauna
    Communal Garden Area Communal Garden Area

    Available Units at Absolute Twin Sands III

    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Absolute Twin Sands III
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Absolute Twin Sands III 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 €300 for this penthouse. 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 Absolute Twin Sands III the required payment for the sinking fund is €16 per square meter based on the size of the indoor area of the property.
    Absolute Twin Sands III offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
    Read more here.
    Bangla Road is the nearest Tourist Attraction from Absolute Twin Sands III and it is 2.7 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 Absolute Twin Sands III 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
    Excellent service and friendly staff
    Chase Cass, Australia, 5 years ago
    It is a good vacation for the 14 days that I have stayed with Absolute Twin Sands III. It is a perfect service accommodation. The friendly staff pays attention to every detail, and they warmly welcomed me, giving a sense of the service-minded. The project's location is calm, private, and not chaotic, situated amid nature on the hill with a beautiful view. It allows me to relax fully. Besides, I have visited a wonderful beach like Freedom Beach, which is not far from the condo. I have sunbathed, swimming in the sea, and admire the serene blue sea nature. I am very impressed! The project offers many special services, whether it is a spa, yoga, a wellness program, which is very good. There is also a shuttle service to Phuket Town. It is all-in-one. I would recommend it. If anyone is looking for luxury accommodation with a special service here, Absolute Twin Sands will be the perfect and excellent place then.
    Phuket
    Patong

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