Unit ID: U1915652
8% Rental Yield
Wichit, Phuket Town,Phuket
฿3,900,000
1 Bedroom
1
Bathroom
65 SqM
Size
6
Floor
Sep 2011
Completed

About This Condo

This property is a 65 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wichit, Phuket and was completed in Sep 2011. You can buy this condo for a base price of ฿3,900,000 (฿60,000/SqM).

Features

TerraceTerrace

Basic Information

Date Listed Aug 20, 2024
Updated 2 months ago
Property Type Condo
Floor 6
Bedroom 1
Size 65 SqM
Price per SqM ฿60,000
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) Mountain 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 U1915652

Investment Opportunity: Charges & Yield

Sale Price
฿3,900,000
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.
13
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 1 bedroom condos at The Point Phuket, and the current sales price.
8%

Project Details

Project Name: The Point Phuket
Developer: N/A
Construction: Completed (Sep 2011)
Floors: 8
Buildings: N/A
Units: 79
Project Area: N/A
Nearest Landmark Central Festival Phuket - 0.7 Km
Location: Wichit, Phuket
The Point Phuket 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)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at The Point Phuket

For Sale 4 For Rent 4
Get notified when new homes are being added to The Point Phuket
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Frequently Asked Questions

No pets are allowed at The Point Phuket unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Central Festival Phuket is the nearest Shopping Mall from The Point Phuket and it is 0.7 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 The Point Phuket 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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo with complete facilities
Darin W., Thailand, 6 years ago
The condo is near Central Festival Phuket and Big C Samkong next to the main road, convenient to travel. It's very excellent. The project has paid attention to cleanliness well. Anyway, the room I stayed in was 2 bedrooms, which is very spacious and beautifully styled, very cozy to live in. Apart from that, many in-room facilities include and the security system here is excellent. The staff are also friendly, communicating in English on average. The pool is clean, and the cafe or on-site restaurant is also great.
The location of the project is perfect
Lucas F., United Kingdom, 6 years ago
The location of the project is perfect in Phuket town. Close to everything, including Big C Phuket, TESCO Lotus Extra Mall Phuket, Central Festival Phuket, Phuket Weekend Night Market, Thalang Road, and others. It made my life very convenient. Easy for traveling and finding food too. The project itself has a fitness room, and the communal swimming pool is well-maintained, they are available to all guests for free as well. Unfortunately, my room is on the 4th floor, and on the roadside, so that I can hear the traffic noise which is quite disturbing. By the way, my one-bedroom unit is very spacious. It is designed and decorated very nicely. Each piece of furniture looks good; the space is excellently clean, soft bed, excellent air conditioner. Overall, I think this place is pleasent to live.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

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