Unit ID: U1651982
3% Rental Yield
Hat Yai, Hat Yai,Songkhla
$780,000
25 Bedrooms
25
Bathrooms
1,938 Sqft
Size
May 2021
Completed

About This Apartment

This property is a 1,938 Sqft apartment with 25 bedrooms and 25 bathrooms that is available for sale. It is part of the project in Hat Yai, Songkhla and was completed in May 2021. You can buy this apartment for a base price of $780,000 ($403/Sqft) and it is also available for long term rentals starting from $1,730 per month.

New Apartment Excellent Location

This apartment building is located in the heart of Hat Yai city and has 25 units for rent. All rooms are fully furnished and come with air conditining. The building is conveniently located for shopping and transportation. Less than 1 km to Prince of Songkhla University. The entire building was completely renovated in 2021 and currently enjoys over 80% occupancy. The property is self-operating and requires little work from the owner. Contact us now to arrange a time to see the property

Features

Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen Renovated BathroomRenovated Bathroom

Basic Information

Date Listed Aug 17, 2023
Updated 1 year ago
Property Type Apartment
Floor N/A
Bedrooms 25
Size 1,938 Sqft
Price per Sqft $403
Pets Not Allowed
Apartment 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
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1651982

Investment Opportunity: Charges & Yield

Sale Price
$780,000
Rent
$1,730/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.
38
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.
3%

Project Details

Project Name: Skye Place
Developer: N/A
Construction: Completed (May 2021)
Floors: 5
Buildings: N/A
Units: 25
Project Area: N/A
Nearest Landmark Saline Hot Spring Khlong Thom - 180.8 Km
Location: Hat Yai, Songkhla
Skye Place Project Details

Project Features

On Site Restaurant On Site Restaurant
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Skye Place

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Skye Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Saline Hot Spring Khlong Thom is the nearest Tourist Attraction from Skye Place and it is 180.8 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 Skye Place 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

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Songkhla
Hat Yai

Neighborhood Overview

Location and Neighborhood

Street View

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