Unit ID: U16583
9% Rental Yield
Karon, Phuket Town,Phuket
฿12,650,000
2 Bedrooms
2
Bathrooms
157.10 SqM
Size
1
Floor
Jun 2013
Completed

About This Apartment

This property is a 157.10 SqM apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Karon, Phuket and was completed in Jun 2013. You can buy this apartment for a base price of ฿12,650,000 (฿80,522/SqM).

Jump Into Paradise: Get a 'Dream-Beach-Pad' for ฿12,650,000!

Are you looking for a new pad on the beach that won't break the bank? Look no further than this fantastic 157.10 sq meter apartment with two bedrooms and two bathrooms, part of the Palm & Pine At Karon Hill project at Karon Beach in Phuket, Thailand. The completion date of June 2013 speaks to the quality of the building and proves that it is not a bargain just yet – but that could easily change with the price tag of ฿12,650,000 (that's a deal of ฿80,522 per square meter!).This well appointed property has been designed to maximise space whilst retaining the overall open-plan feel, with a large terrace providing plenty of outdoor room to really show off the peaceful, resort-style lifestyle you could be living. Just a few steps from the complex clubhouse, you can enjoy the exclusive and secluded pool, landscaped gardens and private seating areas, as well as access to the top-notch accommodations and world class amenities within the Palm & Pine resort.You'll be able to start each day with a soothing ocean breeze and the sound of surrounding palm trees before heading out to explore Karon Beach's vibrant beachfront scene. Here you'll find a range of international restaurants and shopping options, the famous Karon Market and all sorts of activities that can help you make the most out of living in paradise.This is a perfect opportunity to take advantage of the unbeatable location and all the incredible amenities that come with it, so why wait? Contact us today to enquire about this property and you could soon join the many people who have already made their holiday home at The Palm & Pine in Karon Beach, Phuket.

Basic Information

Date Listed Nov 3, 2016
Updated 4 years ago
Property Type Apartment
Floor 1
Bedrooms 2
Size 157.10 SqM
Price per SqM ฿80,522
Pets Not Allowed
Apartment 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%.

Leasehold
Furniture
Unfurnished
View(s) Mountain View
Unit Type 2
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.
฿7,698/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U16583

Investment Opportunity: Charges & Yield

Sale Price
฿12,650,000
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.
฿7,698/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom apartments at Palm & Pine At Karon Hill, and the current sales price.
9%

Project Details

Developer: Veloche Group
Construction: Completed (Jun 2013)
Floors: 6
Buildings: 2
Units: 61
Project Area: 22,400 SqM
Nearest Landmark Karon Beach - 0.4 Km
Location: Karon, Phuket
Palm & Pine At Karon Hill Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Palm & Pine At Karon Hill

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Indoor Kids Zone
    Ground Floor

Loan Calculator

Frequently Asked Questions

No pets are allowed at Palm & Pine At Karon Hill unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿49 per square meter based on the size of indoor area of the property and is ฿7,698 for this apartment. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Palm & Pine At Karon Hill the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.
Karon Beach is the nearest Beach from Palm & Pine At Karon Hill and it is 0.4 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 Palm & Pine At Karon Hill 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

4.2 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good atmosphere close to nature
Song Scally, China, 5 years ago
My husband and I have been living here for about 2 years now. It is suitable for long term accommodation as it is very private and secure. Our room is 1 bedroom and 1 bathroom, fully equipped with amenities. The most favorite area is the kitchen zone, with many spaces and matches for those who love cooking by themselves a lot like us. Apart from that, the room is large, spacious, and gives a sense of being at home, unlike in a condo. The neighbors are also friendly and always lovely with us, which is very good that I met good neighbors like this. Generally, if there is no problem to bother me, I will rent here for a long time.
Near Karon Beach just 3 mins
Kirati Lamarche, India, 5 years ago
The project has all the facilities, including a clubhouse, a restaurant, a pool, and a fitness center. Great for relaxing. The room is very spacious, decorated in a simple and modern style. The room is fully equipped. Good location in the Karon Beach area, travel to the beach just 3 minutes by car, super comfy.
Fall in love with here
Martino Bianco, Italy, 7 years ago
My wife and I brought our kid to stay at this one-bedroom condo with a private pool. I have to tell you that the room is very spacious and clean and fully furnished. You can also cook, which satisfies my wife because she likes to cook for our naughty kid. My child likes the pool a lot; he jumped and swam all day and never got bored. He also wanted to play at the kid club of the condo, a gym, swimming pool, restaurant, and garden around, making the atmosphere look shady. This place is very suitable for families. The price is reasonable, and the staff was friendly. It was a great time to stay here. The condo's location is within walking distance to Karon Beach as well, just a few minutes away. The beach has a stunning view, peaceful atmosphere, really suitable for relaxing. I would recommend this condo. If you have never been around this area or get bored of Patong, you should try it here, and you will definitely fall in love with it!
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palm & Pine At Karon Hill

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
Karon, Phuket Town, Phuket
Number of units
156
Sales Prices
฿3M - ฿11M
Monthly Rentals
฿90K
Year Built
Jul 2013
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
98
Sales Prices
฿5.8M - ฿24M
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Jul 2014
Completion Status
Completed
Project Name
Palmetto Condo
Location
Karon, Phuket Town, Phuket
Number of units
30
Sales Prices
฿4.6M
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
77
Sales Prices
฿5M - ฿8M
▼ -1% underpriced
Monthly Rentals
N/A
Year Built
Mar 2024
Completion Status
Completed
Project Name
Utopia Karon
Location
Karon, Phuket Town, Phuket
Number of units
238
Sales Prices
฿4.2M - ฿11.7M
▲ 7.3% overpriced
Monthly Rentals
฿20K
Year Built
Oct 2024
Completion Status
Completed
Project Name
Veloche Group
Location
Karon, Phuket Town, Phuket
Number of units
99
Sales Prices
฿3.5M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
50
Sales Prices
฿7.2M - ฿21.3M
▲ 2% overpriced
Monthly Rentals
฿35K - ฿85K
Year Built
May 2009
Completion Status
Completed
Project Name
Karon Butterfly
Location
Karon, Phuket Town, Phuket
Number of units
166
Sales Prices
฿5.5M - ฿14.5M
▼ -11% underpriced
Monthly Rentals
฿28K - ฿75K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Sea And Sky
Location
Karon, Phuket Town, Phuket
Number of units
53
Sales Prices
฿3.6M - ฿7.5M
▼ -6% underpriced
Monthly Rentals
฿22K - ฿25K
Year Built
Mar 2015
Completion Status
Completed
Project Name
VIP Venus Karon
Location
Karon, Phuket Town, Phuket
Number of units
214
Sales Prices
฿3.2M - ฿5.6M
Monthly Rentals
N/A
Year Built
Oct 2026
Completion Status
Off Plan
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