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    Studio Condo for sale at Royal Place
    Kathu, Kathu,Phuket
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    Sale Price
    $51,800
    Schedule Viewing

    Studio Condo for sale at Royal Place
    (2 Reviews)
    Unit ID: U1752744
    6% Rental Yield
    Tenant-Occupied until Feb 13, 2025
    Kathu, Kathu,Phuket
    $51,800
    Studio Bedroom
    1
    Bathroom
    323 Sqft
    Size
    4
    Floor
    Jun 2012
    Completed
    6
    Sale Price
    $51,800

    About This Condo

    This property is a 323 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Kathu, Phuket and was completed in Jun 2012. You can buy this condo for a base price of $51,800 ($160/Sqft).

    Condo for sale (New renovation) Studio room 28.15 SQM. Full furnished - Bed, washing machine, Microwave, Refrigerator, TV, Sofa, Kettle, Water heater Common Area  - Gym - Swimmining Pool  - Parking - Wifi - Housekeeping service (Upon call)   Electrict by the government bill. No pet allowed Locate at Samkong, Chalermprakeirt Rd 5 minute to Central Phuket 2 minute to Chillva Night Market 10 minute to Kathu Price 1.79 mil  free sinking fund first year

    Features

    BalconyBalcony

    Basic Information

    Date Listed Mar 6, 2024
    Updated 8 months ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 323 Sqft
    Price per Sqft $160
    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, Thai 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) 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.
    $35/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1752744

    Investment Opportunity: Charges & Yield

    Sale Price
    $51,800
    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.
    $35/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio condos at Royal Place, and the current sales price.
    6%

    Project Details

    Project Name: Royal Place
    Developer: V.S. Group Co., Ltd.
    Construction: Completed (Jun 2012)
    Floors: 8
    Buildings: N/A
    Units: 478
    Project Area: N/A
    Nearest Landmark Robinson Lifestyle Thalang Phuket - 1 Km
    Location: Kathu, Phuket
    Royal Place Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Available Units at Royal Place

    For Sale 16 For Rent 15
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at Royal Place
    $70,200
    $172/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Thai Quota Fully Furnished City View
    Updated 3 days ago
    Available Units at Royal Place
    $65,900
    $170/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 388 Sqft Size
    Floor 3 Floor
    Thai Quota Unfurnished City View
    Updated 1 day ago
    Available Units at Royal Place
    $54,700
    $141/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 388 Sqft Size
    Floor 5 Floor
    Thai Quota Fully Furnished City View
    Updated 2 months ago
    Available Units at Royal Place
    $50,400
    $161/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 312 Sqft Size
    Floor 4 Floor
    Thai Quota Fully Furnished Garden View
    Updated 3 weeks ago
    Available Units at Royal Place
    $59,000
    $144/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Burj Khalifa View
    Available Units at Royal Place
    $68,800
    $173/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 398 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished City View
    Updated 1 week ago
    Available Units at Royal Place
    $112,000
    $236/Sqft
    Beds 2 Beds
    Baths 1 Baths
    Size 474 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Royal Place
    $51,500
    $171/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 301 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Royal Place
    $51,500
    $171/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 301 Sqft Size
    Floor 3 Floor
    Fully Furnished
    Updated 2 months ago
    Available Units at Royal Place
    $64,700
    $200/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 323 Sqft Size
    Floor 4 Floor
    Thai Quota Fully Furnished Mountain View
    Available Units at Royal Place
    $51,800
    $160/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 323 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Royal Place
    $77,400
    $170/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 456 Sqft Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Royal Place
    $54,700
    $141/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 388 Sqft Size
    Floor 5 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at Royal Place
    $65,900
    $170/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 388 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Royal Place
    $60,400
    $200/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 301 Sqft Size
    Floor 4 Floor
    Fully Furnished Pool View
    Available Units at Royal Place
    $84,900
    $282/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 301 Sqft Size
    Floor 3 Floor
    Thai Quota Fully Furnished Pool View
    Get notified when new homes are being added to Royal Place
    View All (16)

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    Frequently Asked Questions

    No pets are allowed at Royal Place 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 $35 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.
    Robinson Lifestyle Thalang Phuket is the nearest Shopping Mall from Royal Place and it is 1 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 Royal 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

    Reviews

    4.6 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice condo in Phuket town
    Mark Simpson, Australia, 4 years ago
    Like other general condo, the project is located in the city center near QSI International School, so I can easily commute to work. The neighborhood is full of malls, restaurants, shops, and convenience stores. On my day off, I usually ride a bike to Patong Beach, which is 15 minutes away, or other beaches nearby. The room is okay, and the bedroom is proportionally divided. There is a small kitchen for an easy meal and built-in furniture. I've got a fair rental price, but that depends on the room owner as well.
    Everything is considered convenient.
    Jaratsri O., Thailand, 5 years ago
    I had stayed here two years ago before I moved back home. This year, I decided to move back to Phuket again and chose to stay at the same place, but in phase 3. Everything is considered convenient near Tesco Lotus Extra Phuket, Central Festival Phuket, Bangkok Hospital Phuket, Chillva Market, and others, making life a lot easier. But I am struggling in the traffic jam a bit; it's typical for the downtown location. The project is beautiful and decorated very nicely. There is a restaurant in the project at an affordable price. There is a swimming pool and a gym too. I don't need to worry about safety because there is staff in charge all the time. The room we rented is on the 6th floor. It's a one-bedroom unit with furniture, but there is no pan and kitchen equipment. I have to buy them myself. But it's not a big deal. Overall, it's suitable, and the rent is not very expensive.
    Phuket
    Kathu

    Neighborhood Overview

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