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    3 Bedroom Apartment for sale at Lotus Gardens
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $834,000
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    3 Bedroom Apartment for sale at Lotus Gardens
    (4 Reviews)
    Unit ID: U19544
    5% Rental Yield
    Choeng Thale, Thalang,Phuket
    $834,000 Great Price
    3 Bedrooms
    3
    Bathrooms
    3,714 Sqft
    Size
    Ground Floor
    Floor
    Jan 2005
    Completed
    26
    Sale Price
    $834,000
    Great Price

    About This Apartment

    This property is a 3,714 Sqft apartment with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2005. You can buy this apartment for a base price of $834,000 ($225/Sqft).

    Tropical Retreat: Luxurious 3-Bed Paradise in Lotus Gardens

    Perched atop thriving Lotus Gardens, this beautiful 345sqm three-bedroom, three-bathroom apartment offers a glorious showcase of modern, tropical living. With construction completed back in January 2005, you can be sure of a luxurious, quality home in a secure development.A modern, minimalist aesthetic provides an uncluttered, calming ambiance, while ensuring plenty of natural light and breezes fill every corner. An open-plan concept also allows free-flowing connectivity between the main living area, kitchen and dining spaces. With their contemporary flair, both master and guest bedrooms come complete with en-suite bathrooms and built-in wardrobes, providing a sophisticated and highly functional living space.The incredible views from the terrace provide the perfect backdrop for relaxing evenings, while the perimeter walls and 24/7 guard service offer a secure and secluded space for residents to unwind. And with the shimmering waters of Choeng Thale Beach just a few steps away, you are completely immersed in the lush tropics of Phuket.This opportunity to own such a fine property in today's market comes with a very attractive price tag,with a base of ฿29 million (฿84,058/sqm) – it's a refined haven truly worth investing in. Contact us right away to arrange a viewing and seize this wonderful prospect.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace

    Basic Information

    Date Listed Nov 4, 2016
    Updated 1 year ago
    Property Type Apartment
    Floor Ground Floor
    Bedrooms 3
    Size 3,714 Sqft
    Price per Sqft $225
    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%.

    N/A
    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 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.
    $496/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U19544

    Investment Opportunity: Charges & Yield

    Sale Price
    $834,000
    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.
    $496/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.
    21
    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 3 bedroom apartments at Lotus Gardens, and the current sales price.
    5%

    Project Details

    Project Name: Lotus Gardens
    Developer: Layan Property Development
    Construction: Completed (Jan 2005)
    Floors: 6
    Buildings: 1
    Units: 50
    Project Area: 121,901 Sqft
    Nearest Landmark Layan Beach - 0.4 Km
    Location: Choeng Thale, Phuket
    Lotus Gardens Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Lotus Gardens

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      Ground Floor
    • Communal Garden Area
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at Lotus Gardens

    For Sale 2 For Rent 5
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Lotus Gardens
    View All (2)

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    Frequently Asked Questions

    No pets are allowed at Lotus Gardens 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 €470 for this apartment. 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 Lotus Gardens the required payment for the sinking fund is €8 per square meter based on the size of the indoor area of the property.
    Layan Beach is the nearest Beach from Lotus Gardens 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 Lotus Gardens 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

    3.9 out of 5
    Based on
    4 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The atmosphere is quiet and relaxing.
    Edmund Gao, United States, 5 years ago
    I visited here last month. It was a bit quiet as there are not many tourists compared with the high season. I could take a rest comfortably and privately. I stayed here for many days, and the room we rented is 1 bedroom. The balcony offers a beautiful sea view as the project location is located on the hill. The project area is decorated with beautiful gardens. The condo entrance is easy to find, but the road is a bit sloped up. For anyone professional in driving a car, it's not recommended. You'd better park the car in front of the condo.
    Very happy!
    Emmy Chan, Singapore, 5 years ago
    Although the building's exterior looks a bit old, this place is well maintained and clean. The staff is friendly and takes good care of us. It is a wonderful time living here. Our room has spacious 3 bedrooms with comfortable decoration, a full set of furniture, a private swimming pool, and a Jacuzzi. The air conditioner is quiet and works well. Also, the project is close to Layan Beach in a few steps.
    A pleasant condo and the staff are friendly.
    Dennis Gary, South Africa, 6 years ago
    The project is located in the Cherngtalay area. About 80% of foreigners live here, and I think this place is very easy to find food as there are many inexpensive restaurants and about 600 meters from the beach. The room I stayed in was 2 bedrooms and 2 bathrooms. The first time I moved in, it was fully furnished. It is clean and well maintained. There are almost no problems with breakdowns or dirtiness at all. The downside is that I think it gets quite busy during the High Season.
    It is the ideal accommodation for relaxation.
    Melany Giffen, Germany, 7 years ago
    Lotus Gardens is one of the residences in Phuket that I am impressed with because it is calm and private. It feels like I am staying at home. Also, it is close to Layan Beach where I often go sunbathing while vacationing here. The interior is complete without something deficient at all. It is very good! The room that I rented is well-decorated, the furniture is stylish and quality. The facilities are well-equipped, such as a large clean swimming pool with a Jacuzzi tub. Overall, it is great! The staff was nice, friendly and the neighbors were okay. The project environment is also perfect. I would like everyone to stay here!
    Phuket
    Choeng Thale

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