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    Studio Condo for sale at The Nice Condotel
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $67,700
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    Studio Condo for sale at The Nice Condotel
    (1 Review)
    Unit ID: U1711288
    9% Rental Yield
    Choeng Thale, Thalang,Phuket
    $67,700
    Studio Bedroom
    1
    Bathroom
    334 Sqft
    Size
    3
    Floor
    Jan 2014
    Completed
    12
    Sale Price
    $67,700

    About This Condo

    This property is a 334 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2014. You can buy this condo for a base price of $67,700 ($203/Sqft).

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed Jan 8, 2024
    Updated 9 months ago
    Property Type Condo
    Floor 3
    Bedroom Studio
    Size 334 Sqft
    Price per Sqft $203
    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%.

    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) Sea View, City View, Unblocked Open 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1711288

    Investment Opportunity: Charges & Yield

    Sale Price
    $67,700
    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 Nice Condotel, and the current sales price.
    9%

    Project Details

    Project Name: The Nice Condotel
    Developer: N/A
    Construction: Completed (Jan 2014)
    Floors: 6
    Buildings: N/A
    Units: 81
    Project Area: N/A
    Nearest Landmark Bang Tao Beach - 1.3 Km
    Location: Choeng Thale, Phuket
    The Nice Condotel Project Details

    Project Features

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

    Available Units at The Nice Condotel

    For Sale 3 For Rent 3
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to The Nice Condotel
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at The Nice Condotel unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Bang Tao Beach is the nearest Beach from The Nice Condotel and it is 1.3 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 Nice Condotel 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
    Second-hand condo in a great location
    Sina Lable, United States, 7 years ago
    We decided to buy the room here for rental business. It is a spacious studio room with a balcony and is fully furnished with basic furniture. Plus, there is receptionist staff like in a hotel. The swimming pool and the fitness center are closed for renovations sometimes. However, the condo is considered good as it is in a convenient location. In front of the project is Lotus Cherngtalay. Besides, you can also drive to Surin Beach, Bang Tao Beach and Layan Beach in less than 10 minutes.
    Phuket
    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

    Street View

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    Number of units
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    Sales Prices
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    ▲ 1.3% overpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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