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    Studio Condo for sale at The Emerald Terrace
    Patong, Kathu,Phuket
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    Sale Price
    $95,700 $116,000
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    Studio Condo for sale at The Emerald Terrace
    (3 Reviews)
    Unit ID: U1099080
    9% Rental Yield
    Patong, Kathu,Phuket
    $95,700 $116,000
    Studio Bedroom
    1
    Bathroom
    409 Sqft
    Size
    4
    Floor
    May 2015
    Completed
    7
    Sale Price
    $95,700
    $116,000

    About This Condo

    This property is a 409 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in May 2015. You can buy this condo for a base price of $95,700 ($234/Sqft).

    Quiet, Shady Garden View, Very Private, Renovated

    This is a corner unit conviently located beside the lift on the fourth floor and has a green view of the producing vegetable garden next door. This makes the unit feel much bigger and provides a cool shady feel to the house. Perfect for working from home with ample desk space and a Western kitchen. This unit has been renovated with new fittings, furnishings and walls and waterworks done to update its look and provide a truly modern feel. The unit is owned by a Thai company and any sale can be done by acquiring of the Thai company or as a Thai freehold. The Emerald Terrace is 5min by driving to Patong beach, and 7-8min to heart of Patong shopping. Patong is 45min from the airport. The Emerald Terrace is a well-designed, well maintained project and is located on a quiet hillside away from the busy streets of Patong. The project has a coin-operated laundry room with tons of comfortable seating for those that wish to relax and wait. The gym is big, well equipped and the pool is 25m long. 

    Basic Information

    Date Listed Jun 2, 2022
    Updated 1 month ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 409 Sqft
    Price per Sqft $234
    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) Garden View
    Unit Type N/A
    Building The Emerald Terrace
    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.
    $55/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1099080

    Investment Opportunity: Charges & Yield

    Sale Price
    $95,700
    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.
    $55/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.
    11
    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 The Emerald Terrace, and the current sales price.
    9%

    Project Details

    Project Name: The Emerald Terrace
    Developer: Emerald Development Group Co.,Ltd
    Construction: Completed (May 2015)
    Floors: 8
    Buildings: 1
    Units: 178
    Project Area: 44,821 Sqft
    Nearest Landmark Patong Beach - 0.8 Km
    Location: Patong, Phuket
    The Emerald Terrace Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at The Emerald Terrace

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      2nd Floor
    • Reception / Lobby Area
      Ground Floor

    Available Units at The Emerald Terrace

    For Sale 33 For Rent 9
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Updated 2 weeks ago
    Available Units at The Emerald Terrace
    $64,000
    $152/Sqft
    Great Price
    Beds Studio Beds
    Baths 1 Baths
    Size 420 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    $229,000
    $277/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 829 Sqft Size
    Foreign Quota Fully Furnished Mountain View
    Updated 3 weeks ago
    Available Units at The Emerald Terrace
    $104,000
    $255/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $107,000$132,000
    $249/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 431 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Pool View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $87,000
    $207/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 420 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $95,700
    $228/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 420 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Garden View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $104,000$113,000
    $255/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $102,000$120,000
    $248/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 3 weeks ago
    Available Units at The Emerald Terrace
    $109,000
    $266/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $104,000$113,000
    $255/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $95,700$116,000
    $234/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 4 Floor
    Company Fully Furnished Garden View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $131,000
    $225/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 581 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $131,000
    $233/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 560 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $110,000
    $270/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished City View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $110,000
    $270/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $131,000
    $319/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 5 Floor
    Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $183,000
    $221/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 829 Sqft Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    $92,800$104,000
    $227/Sqft
    Good Price
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Mountain View
    Updated 3 weeks ago
    Available Units at The Emerald Terrace
    $145,000$160,000
    $355/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Company Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    $162,000
    $280/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 581 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Emerald Terrace
    $116,000
    $284/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Emerald Terrace
    $81,200
    $189/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 431 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Pool View
    Available Units at The Emerald Terrace
    $125,000
    $305/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    $81,200
    $194/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 420 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    $131,000$133,000
    $319/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Emerald Terrace
    $122,000
    $241/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 506 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Garden View
    Available Units at The Emerald Terrace
    $165,000
    $260/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 635 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    $72,500$81,200
    $168/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 431 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Garden View
    Available Units at The Emerald Terrace
    $113,000
    $224/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 506 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Garden View
    Available Units at The Emerald Terrace
    $115,000$131,000
    $266/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 431 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished City View
    Get notified when new homes are being added to The Emerald Terrace
    View All (33)

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    Frequently Asked Questions

    No pets are allowed at The Emerald Terrace 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 $55 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 The Emerald Terrace the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Patong Beach is the nearest Beach from The Emerald Terrace and it is 0.8 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 The Emerald Terrace 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

    3.6 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice modern room but remote area
    Verified Former Resident, 4 years ago
    The only advantage of this hotel resort is really the size of the studios and the facilities like the swimming pool and the well-equipped gym. But the location it is not great, kinda remote area so you really need a bike or car to go anywhere.
    One of the best accommodations I've stayed in Patong.
    Shera Vanwingerden, Canada, 6 years ago
    It is a stylish condo and friendly staff. The condo offers many facilities, such as a swimming pool, a clean and tidy gym. The room I rented also was a beautifully decorated, spacious bed, clean bathroom, and a lovely kitchen. Everything is very good. It's an excellent place to stay in the Patong area. Moreover, the price is affordable, and the service is very good. The staff is attentive to good services. Besides, the condo is not far from tourist attractions or shops, restaurants as it is called near everything. It is also close to the beach. It is easily accessible because it is close to nearby amenities. Don't worry at all. The day I'm bored, I can go to chill at Patong Beach or take a short walk to Bangla Road. Don't miss the choice to stay at The Emerald Terrace.
    Located on Patong hillside
    Emma Zhang, China, 6 years ago
    Another nice place to stay in Patong. Travel to Patong Beach in 5 minutes. The condo provides a swimming pool, a gym, and free Wi-Fi internet. It is located on a hillside and a quiet atmosphere. The room is decorated with a full set of standard furniture, and a hot water system works well. Most of the people here are foreigners - both tourists and working-age. The price is very cheap.
    Phuket
    Patong

    Neighborhood Overview

    Location and Neighborhood

    Street View

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