Unit ID: U1906689
9% Rental Yield
Patong, Kathu,Phuket
฿6,500,000
1 Bedroom
1
Bathroom
32 SqM
Size
2
Floor
Dec 2007
Completed

About This Condo

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2007. You can buy this condo for a base price of ฿6,500,000 (฿203,125/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

1 Bedroom Apartment for rent at Absolute Bangla Suites

This property is a 32 SqM apartment with 1 bedroom and 1 bathroom that is available for rent. It is part of the Absolute Bangla Suites project in Patong, Phuket and was completed in Dec 2007. You can rent this apartment long term for ฿50,000 per month.

Features

Pool AccessPool Access Wifi IncludedWifi Included MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 2, 2024
Updated 3 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 32 SqM
Price per SqM ฿203,125
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, Leasehold, 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) N/A
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 U1906689

Investment Opportunity: Charges & Yield

Sale Price
฿6,500,000
Rent
฿50,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
9%

Project Details

Project Name: Absolute Bangla Suites
Developer: N/A
Construction: Completed (Dec 2007)
Floors: 4
Buildings: N/A
Units: 45
Project Area: N/A
Nearest Landmark Bangla Road - 0.1 Km
Location: Patong, Phuket
Absolute Bangla Suites Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Spa Spa
Direct Beach Access Direct Beach Access

Available Units at Absolute Bangla Suites

For Sale 3 For Rent 2
Get notified when new homes are being added to Absolute Bangla Suites
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Frequently Asked Questions

No pets are allowed at Absolute Bangla Suites unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bangla Road is the nearest Tourist Attraction from Absolute Bangla Suites and it is 0.1 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 Absolute Bangla Suites 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

4.7 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
We love here!!
Kiara Donegan, United States, 5 years ago
The place is hidden in Soi Bangla. It's the best place for our vacation. I came to Phuket for the first time and had no idea where to go. So I chose to stay at Absolute Bangla Suites because it is in a popular nightlife location. The project is a small building with a limited number of spaces. Inside the building has an aromatic smell. The receptionist is professional. Inside the room, there is a large jacuzzi in the room. The air conditioning works well, and there is free Wi-Fi. The rooftop, which includes a swimming pool and a bar, is the best part of the project. They serve both Thai and Western cuisine, which is inexpensive and delicious. This location is ideal for me because I can walk back to my room after a long night of partying. You don't have to be concerned with anything else. However, this location is not suitable for the elderly or someone who sleeps early and dislikes loud noises since the surroundings are so loud, you may not be able to sleep at all, LOL.
Condo next to Bangla Road
Diana L., Denmark, 6 years ago
The property is very close to Soi Bangla road in walking distance. Nearby, there are a lot of facilities such as 7-11 and various restaurants. The condo has hotel-standard services with friendly staff. The common area includes a restaurant and a spa. The 2-bedroom unit that I rented had slightly outdated furniture but still works. I decided to rent here because the rental price is quite good.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Absolute Bangla Suites

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
201
Sales Prices
฿4.62M - ฿8M
▼ -4% underpriced
Monthly Rentals
฿20K - ฿65K
Year Built
Dec 2007
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
26
Sales Prices
฿8.9M - ฿19.6M
▼ -3.9% underpriced
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Project Name
Patong Tower
Location
Patong, Kathu, Phuket
Number of units
342
Sales Prices
฿8.9M - ฿192M
▲ 5% overpriced
Monthly Rentals
฿48K - ฿185K
Year Built
Dec 1995
Completion Status
Completed
Project Name
Baan Benjamas
Location
Patong, Kathu, Phuket
Number of units
20
Sales Prices
฿9.9M
▼ -30% underpriced
Monthly Rentals
฿70K
Year Built
Aug 2000
Completion Status
Completed
Project Name
The Art At Patong
Location
Patong, Kathu, Phuket
Number of units
172
Sales Prices
฿2.6M - ฿6.99M
Monthly Rentals
฿18K - ฿25K
Year Built
Feb 2011
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
40
Sales Prices
฿4.5M - ฿14M
Monthly Rentals
฿60K
Year Built
Dec 2004
Completion Status
Completed
Project Name
ART at Patong
Location
Patong, Kathu, Phuket
Number of units
173
Sales Prices
฿3.5M - ฿6.5M
▲ 1.8% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Project Name
Villa Yoosook
Location
Patong, Kathu, Phuket
Number of units
1
Sales Prices
฿90M
Monthly Rentals
N/A
Year Built
Oct 2008
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
138
Sales Prices
฿2.5M - ฿30M
▼ -19% underpriced
Monthly Rentals
฿30K - ฿69K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Patong Condotel
Location
Patong, Kathu, Phuket
Number of units
126
Sales Prices
฿1.75M - ฿3.9M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 1991
Completion Status
Completed
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