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    1 Bedroom Condo for sale at The Space Condominium
    Wichit, Phuket Town,Phuket
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    Sale Price
    ฿3,260,000
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    1 Bedroom Condo for sale at The Space Condominium
    (2 Reviews)
    Unit ID: U1366390
    7% Rental Yield
    Wichit, Phuket Town,Phuket
    ฿3,260,000
    1 Bedroom
    1
    Bathroom
    33 SqM
    Size
    4
    Floor
    Jun 2018
    Completed
    7
    Sale Price
    ฿3,260,000

    About This Condo

    This property is a 33 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 Jun 2018. You can buy this condo for a base price of ฿3,260,000 (฿98,788/SqM).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Jan 12, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 33 SqM
    Price per SqM ฿98,788
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) City View, Pool 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.
    ฿1,677/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1366390

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,260,000
    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.
    ฿1,677/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.
    15
    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 Space Condominium, and the current sales price.
    7%

    Project Details

    Project Name: The Space Condominium
    Developer: N/A
    Construction: Completed (Jun 2018)
    Floors: 7
    Buildings: N/A
    Units: 197
    Project Area: N/A
    Nearest Landmark Central Festival Phuket - 0.6 Km
    Location: Wichit, Phuket
    The Space Condominium Project Details

    Project Features

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

    Available Units at The Space Condominium

    For Sale 3 For Rent 5
    • All
    • 1 Bed
    Get notified when new homes are being added to The Space Condominium
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at The Space Condominium 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 Space Condominium and it is 0.6 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 Space Condominium 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

    5 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The swimming pool is very beautiful, the gym is also good, and I like the style of the house
    Verified Visitor, 2 years ago
    my favorite is swimming pool ，its very nice，and myabe the motorbike parking space is not enough，but lots of car parking
    I bought it for my daughter.
    Somporn Sirisopol, Thailand, 5 years ago
    I bought it for my daughter, and the project is located close to Prince of Songkla University of Phuket Campus, where she is studying The location is within a few minutes from Central Festival and many lifestyle areas, that she loves so much. Besides, it is very convenient to access many places even through a little bit of traffic jam in the city. There are also not many nieghbors living here and the security guard is also on his duty for 24 hours. The facilities include the communal pool and communal gym. Anyway, my room is 1 bedroom condo with fully furnished and reasonable price that is perfect for both investing and living in. I like it!!!.
    Phuket
    Wichit

    Neighborhood Overview

    Location and Neighborhood

    Street View

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