Unit ID: U1901351
8% Rental Yield
Wichit, Phuket Town,Phuket
฿2,890,000
1 Bedroom
1
Bathroom
48 SqM
Size
5
Floor
Dec 2014
Completed

About This Condo

This property is a 48 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 Dec 2014. You can buy this condo for a base price of ฿2,890,000 (฿60,208/SqM).

Features

BalconyBalcony Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Jul 26, 2024
Updated 3 months ago
Property Type Condo
Floor 5
Bedroom 1
Size 48 SqM
Price per SqM ฿60,208
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, 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) City 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.
฿1,705/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1901351

Investment Opportunity: Charges & Yield

Sale Price
฿2,890,000
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.
฿1,705/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.
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 View Condo Suanluang, and the current sales price.
8%

Project Details

Project Name: The View Condo Suanluang
Developer: N/A
Construction: Completed (Dec 2014)
Floors: 8
Buildings: N/A
Units: 884
Project Area: N/A
Nearest Landmark Patong Beach - 8.6 Km
Location: Wichit, Phuket
The View Condo Suanluang Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking

Available Units at The View Condo Suanluang

For Sale 4 For Rent 9
Get notified when new homes are being added to The View Condo Suanluang
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Frequently Asked Questions

No pets are allowed at The View Condo Suanluang unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Beach is the nearest Beach from The View Condo Suanluang and it is 8.6 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 View Condo Suanluang 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Fantastic location!
Crish Wang, China, 5 years ago
The project is in a fantastic location. It is located in the city's center, which serves as the hub of the facilities. The Chao Fah Variety Market, Central Department Store, and the park are also close. Furthermore, this neighborhood is a foodie's paradise with Thai, Chinese, and Japanese cuisine readily available. There is a lot to choose from. The location of the project is at the end of the alley. The atmosphere is calm and quiet. I live in a studio room. The interior of the room is not cramped. It is suitable for a single person to live alone. There is a small balcony provided. In addition, the rental price is reasonable. I've been here for about three years. Residents have access to a swimming pool, a gym, and parking. When considering the number of residents, there are not enough parking spaces. If I arrive home late on some days, I must park on the road outside the project.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The View Condo Suanluang

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
Talat Nuea, Phuket Town, Phuket
Number of units
225
Sales Prices
฿3.45M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
708
Sales Prices
฿6.21M
Monthly Rentals
฿39.5K
Year Built
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Completion Status
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Project Name
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Location
Wichit, Phuket Town, Phuket
Number of units
72
Sales Prices
฿4.62M - ฿4.63M
▼ -45% underpriced
Monthly Rentals
฿29.6K - ฿49.3K
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Completion Status
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Number of units
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Completion Status
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Wichit, Phuket Town, Phuket
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Monthly Rentals
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Project Name
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Location
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Number of units
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Sales Prices
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Monthly Rentals
฿12.8K - ฿14.8K
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Completion Status
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Project Name
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Location
Talat Nuea, Phuket Town, Phuket
Number of units
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Sales Prices
฿6.3M
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N/A
Year Built
N/A
Completion Status
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Project Name
The Light
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Number of units
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Sales Prices
฿1.67M - ฿4.44M
Monthly Rentals
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Completion Status
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Location
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Number of units
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Sales Prices
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▼ -8.7% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
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