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    Studio Condo for sale at Absolute Twin Sands III
    Patong, Kathu,Phuket
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    Sale Price
    $133,000
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    Studio Condo for sale at Absolute Twin Sands III
    (1 Review)
    Unit ID: U166535
    7% GUAR. RETURN FOR 3 YEARS
    Patong, Kathu,Phuket
    $133,000
    Studio Bedroom
    1
    Bathroom
    366 Sqft
    Size
    2
    Floor
    Dec 2017
    Completed
    16
    Sale Price
    $133,000

    About This Condo

    This property is a 366 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2017. You can buy this condo for a base price of $133,000 ($364/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Oct 9, 2019
    Updated 10 months ago
    Property Type Condo
    Floor 2
    Bedroom Studio
    Size 366 Sqft
    Price per Sqft $364
    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%.

    Foreign Quota
    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, 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.
    $81/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U166535

    Investment Opportunity: Charges & Yield

    Sale Price
    $133,000
    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.
    $81/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 $81 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.
    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 $18 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

    Neighborhood Overview

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    Projects Nearby Absolute Twin Sands III
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