Unit ID: U1818050
5% Rental Yield
Patong, Kathu,Phuket
$1,160,000
4 Bedrooms
2
Bathrooms
2,314 Sqft
Size
18
Floor
Dec 1995
Completed

About This Condo

This property is a 2,314 Sqft condo with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 1995. You can buy this condo for a base price of $1,160,000 ($499/Sqft) and it is also available for long term rentals starting from $4,330 per month.

Oceanfront Luxury Patong Tower Condo For Sale

Recently fully renovated 214 Sqm oceanfront condo with 4 bedrooms and 2 bathrooms that sleeps 10 adults in the center of Patong Beach. Also available for rent at a discounted tbh147,000 per month. 150 meter walk to the beach. 172 Sq meter inside, and 42 Sq meter outdoor patio and wrap around deck. Stunning sunsets and 280 degree panoramic views of the ocean, mountains and town. Only this unique unit has the largest outdoor patio and wrap around balcony in the entire building with a large 43 Sqm outdoor patio. Located in the center of Patong Beach, Thailand’s most popular beach resort. Shopping, dining, and entertainment are all within a few minutes walk.. A rare opportunity to Own a large unit that are not often for sale.

Features

BeachfrontBeachfront Beach AccessBeach Access OceanfrontOceanfront Ocean AccessOcean Access Pool AccessPool Access TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Fully RenovatedFully Renovated (2024) Renovated KitchenRenovated Kitchen (2024) Renovated BathroomRenovated Bathroom (2024) Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed Apr 28, 2024
Updated 2 days ago
Property Type Condo
Floor 18
Bedrooms 4
Size 2,314 Sqft
Price per Sqft $499
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%.

Company
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) Sea View, Mountain View, Unblocked Open View
Unit Type N/A
Building Patong Tower
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.
$217/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1818050

Investment Opportunity: Charges & Yield

Sale Price
$1,160,000
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.
$217/mo
Rent
$4,330/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.
22
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: Patong Tower
Construction: Completed (Dec 1995)
Floors: 31
Buildings: 1
Units: 342
Project Area: 52,270 Sqft
Nearest Landmark Patong Beach
Location: Patong, Phuket
Patong Tower Project Details

Project Features

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

Popular Facilities at Patong Tower

  • Communal Pool
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Patong Tower

For Sale 15 For Rent 9
Updated 2 days ago
Available Units at Patong Tower
$1,160,000
$499/Sqft
Beds 4 Beds
Baths 2 Baths
Size 2,314 Sqft Size
Floor 18 Floor
Company Fully Furnished Sea View
Updated 3 weeks ago
Available Units at Patong Tower
$462,000
$537/Sqft
Beds 1 Beds
Baths 1 Baths
Size 861 Sqft Size
Floor 16 Floor
Company Fully Furnished Sea View
Updated 1 month ago
Available Units at Patong Tower
$317,000
$461/Sqft
Beds 2 Beds
Baths 1 Baths
Size 689 Sqft Size
Floor 8 Floor
Company Fully Furnished Mountain View
Updated 6 days ago
Available Units at Patong Tower
$4,500,000
$553/Sqft
Beds 7 Beds
Baths 8 Baths
Size 8,138 Sqft Size
Floor 31 Floor
Foreign Quota Unfurnished Sea View
Updated 6 days ago
Available Units at Patong Tower
$5,500,000
$607/Sqft
Beds 5 Beds
Baths 7 Baths
Size 9,062 Sqft Size
Floor 27 Floor
Foreign Quota Fully Furnished Sea View
Updated 2 weeks ago
Available Units at Patong Tower
$448,000
$547/Sqft
Beds 2 Beds
Baths 1 Baths
Size 818 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at Patong Tower
$404,000
$596/Sqft
Beds 3 Beds
Baths 1 Baths
Size 678 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at Patong Tower
$520,000
$636/Sqft
Beds 2 Beds
Baths 1 Baths
Size 818 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at Patong Tower
$462,000
$693/Sqft
Beds 3 Beds
Baths 1 Baths
Size 667 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at Patong Tower
$404,000
$606/Sqft
Beds 3 Beds
Baths 1 Baths
Size 667 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at Patong Tower
$578,000
$706/Sqft
Beds 2 Beds
Baths 1 Baths
Size 818 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at Patong Tower
$578,000
$866/Sqft
Beds 1 Beds
Baths 1 Baths
Size 667 Sqft Size
Floor 14 Floor
Foreign Quota Fully Furnished Sea View
Updated 3 weeks ago
Available Units at Patong Tower
$285,000
$407/Sqft
Beds 2 Beds
Baths 1 Baths
Size 700 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Patong Tower
$419,000
$608/Sqft
Beds 2 Beds
Baths 2 Baths
Size 689 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished Sea View
Available Units at Patong Tower
$1,730,000
$665/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,605 Sqft Size
Floor 26 Floor
Company Fully Furnished Sea View
Get notified when new homes are being added to Patong Tower
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Frequently Asked Questions

No pets are allowed at Patong Tower 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 $217 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.
Patong Beach is the nearest Beach from Patong Tower and it is 0 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 Patong Tower 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

4.1 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
An old condo with a very nice view
Eden Labrecque, Canada, 5 years ago
It is an old condo built a long time ago. It is the highest condominium in Patong. Thus, you can see a clear Patong beach view and the surrounding area. The room interior looks old, but it still works normally. The housekeeping service is provided every day. So our room is always in great care. The exterior looks old but clean and secured. The project is very ok in terms of location, and just a few minutes walk, reaching Patong Beach. However, we rarely use cars while staying here because the condo area is full of restaurants, shopping centers, pubs, and bars. It is such a memorable place, and I would like to come back to relax many times in the future.
Great condo near Patong Beach
James Wong, China, 5 years ago
I intended to relax with my friends at Patong Beach, and I tried to find many accommodations around the area. I'm glad that I found this place. I'm not disappointed. Overall, it is considered very okay. I was on the 25th floor, staying in a two-bedroom unit with an excellent view. The room is quite spacious and fully-furnished, which includes a refrigerator, TV, washing machine. The building's condition is a bit old, but very well maintained inside, making it always look new and clean. It is not far from Patong Beach and Bangla Road. There are also many restaurants for Thai and international food. I can say that staying in Patong is not bored. Within the project, there are both a gym and a swimming pool. Sometimes, when I didn't want to go out, I liked to spend time there. I came in the low season, so there weren't many people. The price is reasonable. I highly recommended anyone looking for accommodation in Patong Beach.
Sea view condos
Adrian Bravo, France, 5 years ago
It is a high-rise condo in Patong's prime location amid the lively attractions in Patong as Bangla Road, Phuket's famous streets. I rented a 1 bedroom condo, consisting of a small kitchen with an electric stove and various kitchen utensils, suitable for cooking small meals with a beautiful view. The room faces the sea view, which is a very impressive scenery. In my opinion, Patong Tower is a more convenient place to stay in Patong than it can be. Besides, traveling is convenient as well, and able to travel on many routes.
Old condo, offering a nice view in the heart of Patong Beach
James Wong, China, 6 years ago
I have lived in Thailand for 5 years and moved to many places. When I found it, it is considered the best answer as I work in Patong and getting to work is also convenient. It takes only 10 minutes to ride a motorbike. The first time I moved in, it was fully furnished. My room is on the 15th floor, offering a beautiful sea view. It's worth the price paid. Besides, the project facilities are complete. But there was a time when the door was broken, and I called the staff to repair it. The project team was immediately implemented then. I'm impressed. After that, there is rarely a problem with the damaged items again !!
Very convenient place
Kirati Lamarche, India, 6 years ago
From the place, you can see the beautiful sea view of Patong Bay. The condo is clean, safe, and cheap, located in the best location in Patong Beach, just 200 meters away from the beach. It's close to amenities such as Banana Walk and Bangla Road, an ideal area for party lovers. The neighborhood is a bit noisy here, not suitable for people loving peace. Most of the residents here are foreigners.
It was a pleasant time to stay here.
James G., United States, 8 years ago
It was a pleasant time to stay even though it was only 2 weeks. Everything was excellent, from the service-minded staff to a clean pool. The room that I stayed in has 1 bedroom and 1 bathroom. The room is spacious and clean. Every piece of furniture is in good condition. The view from the balcony is the sea view of Patong Beach. In the evening, you can enjoy the stunning sunset. How beautiful! Besides, the project's location is also close to Patong Beach and Soi Bangla, only 200 meters. There are many convenience stores and fine restaurants. This is the best place to stay in Patong, even though it's a little old.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patong Tower

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Patong, Kathu, Phuket
Number of units
26
Sales Prices
$257.07K - $565.47K
▼ -3.9% underpriced
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
45
Sales Prices
$132.88K - $257.1K
Monthly Rentals
$1.44K
Year Built
Dec 2007
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
201
Sales Prices
$133.46K - $231.1K
▼ -4% underpriced
Monthly Rentals
$578 - $1.88K
Year Built
Dec 2007
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
$375.54K
Monthly Rentals
N/A
Year Built
Jun 2007
Completion Status
Completed
Project Name
The Art At Patong
Location
Patong, Kathu, Phuket
Number of units
172
Sales Prices
$75.11K - $201.92K
Monthly Rentals
$520 - $722
Year Built
Feb 2011
Completion Status
Completed
Project Name
ART at Patong
Location
Patong, Kathu, Phuket
Number of units
173
Sales Prices
$101.11K - $187.77K
▲ 1.8% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Project Name
Baan Benjamas
Location
Patong, Kathu, Phuket
Number of units
20
Sales Prices
$285.99K
▼ -30% underpriced
Monthly Rentals
$2.02K
Year Built
Aug 2000
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
40
Sales Prices
$129.99K - $404.42K
Monthly Rentals
$1.73K
Year Built
Dec 2004
Completion Status
Completed
Project Name
Villa Yoosook
Location
Patong, Kathu, Phuket
Number of units
1
Sales Prices
$2.6M
Monthly Rentals
N/A
Year Built
Oct 2008
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
40
Sales Prices
$424.64K - $462.2K
Monthly Rentals
$1.73K
Year Built
Jun 2008
Completion Status
Completed
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