Unit ID: U59677
5% Rental Yield
Choeng Thale, Thalang,Phuket
$477,000
2 Bedrooms
2
Bathrooms
2,960 Sqft
Size
5
Floor
Apr 2008
Completed

About This Penthouse

This property is a 2,960 Sqft penthouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Apr 2008. You can buy this penthouse for a base price of $477,000 ($161/Sqft) and it is also available for long term rentals starting from $2,170 per month.

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden DuplexDuplex BalconyBalcony Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Oct 9, 2019
Updated 2 weeks ago
Property Type Penthouse
Floor 5
Bedrooms 2
Size 2,960 Sqft
Price per Sqft $161
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%.

Leasehold
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) Mountain View, Partial Sea View, Park View, Pool View, Blocked 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.
$121,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U59677

Investment Opportunity: Charges & Yield

Sale Price
$477,000
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.
$121,000/mo
Rent
$2,170/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.
18
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.
5%

Project Details

Project Name: Casuarina Shores
Construction: Completed (Apr 2008)
Floors: 5
Buildings: 6
Units: 40
Project Area: 241,112 Sqft
Nearest Landmark Bang Tao Beach - 0.4 Km
Location: Choeng Thale, Phuket
Casuarina Shores Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops

Popular Facilities at Casuarina Shores

  • Reception / Lobby Area
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • On Site Restaurant
    2nd Floor

Available Units at Casuarina Shores

For Sale 2 For Rent 4
Get notified when new homes are being added to Casuarina Shores
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Frequently Asked Questions

No pets are allowed at Casuarina Shores 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 $5 per square meter based on the size of indoor area of the property and is $121,000 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.
Bang Tao Beach is the nearest Beach from Casuarina Shores and it is 0.4 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 Casuarina Shores 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

4.4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful and private condo
Drake St., Brazil, 6 years ago
It is a modern style condo in the center of Choeng Thale. There is high privacy, peace, and a very large room. Our bedroom overlooks the beautiful square swimming pool. Inside the room also has a large kitchen and a living room. It is clean and tidy. Casuarina Shores is a comfortable condo, helpful and lovely staff. The swimming pool is also beautiful. If you have children, you will like it here. It is also very calm. Of course, I will come back again!
I like here
Bruce Cull, Ireland, 6 years ago
I have visited Phuket many times, and each time I stayed in a different place, both in Phuket town where you can enjoy the old town, great food, and shopping, or in Patong area where nightlife is so hectic, and the beach is so impressive. Last year, I was at Mai Khao beach was quiet with a beautiful golden sandy beach. This time, I stayed in a 1-bedroom room at Casuarina Shores. The interior is well-decorated with good sizing for me staying alone. I was very impressed with the staff's service, complete facilities, and reasonable price for what I got. One more thing that I like is the location of this condo is private, quiet, and suitable for living, close to Bangtao beach, just a 4-minute walking distance. It's beautiful beach which I often go surfing the waves here.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Casuarina Shores

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Monthly Rentals
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Year Built
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Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
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Sales Prices
$722.04K - $1.44M
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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Year Built
Dec 2018
Completion Status
Completed
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