Unit ID: U1695502
9% Rental Yield
Choeng Thale, Thalang,Phuket
฿12,200,000
2 Bedrooms
1
Bathroom
88 SqM
Size
6
Floor
Aug 2017
Completed

About This Condo

This property is a 88 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Ocean Stone project in Choeng Thale, Phuket and was completed in Aug 2017. You can buy this condo for a base price of ฿12,200,000 (฿138,636/SqM).

2 Bedroom Apartment 800 m from Bangtao beach

Apartment with 2 bedrooms and 1 bathroom with a total area of 88.7 sq.m. Suitable for families with children or groups of friends. The spacious kitchen is fully equipped and ready to receive guests. The apartment includes built-in and mobile furniture. On the balcony, there is furniture for relaxation.The modern residential complex Ocean Stone is located in one of the most prestigious areas of Phuket, just 800 meters from Bangtao Beach, surrounded by world-famous 5-star hotels, including Banyan Tree Phuket, Dusit Thani Laguna, Angsana Resort & Spa, and others.In two 7-story buildings, there are 84 apartments ranging from 26 sq.m. up to 120 sq.m. The project includes different layout options: studios, and apartments with one and two bedrooms. The apartments are equipped with everything necessary for living (a full hotel package). On the territory there are two gyms, two swimming pools, a restaurant, and a lounge area on the roof.Near the pool is a cozy restaurant Olivier. His concept: Russian cuisine with a French accent in a tropical paradise. It stands for a Russian chef, French management, and Thai hospitality. His specialties are black dumplings with scallops and triple Olivier salad. We also recommend excellent breakfasts and cocktails.The complex has everything for a healthy lifestyle. On the ground floor, there is an indoor air-conditioned gym with modern fitness equipment. On the roof, there is a fitness, CrossFit, and boxing pavilion equipped with modern equipment.Boat Avenue, Villa Market, and Porto de Phuket shopping complexes, popular restaurants, cafes, shops, and other attributes of a comfortable stay are within a 10-minute walk. From Boat Avenue every 45 minutes there is a daily bus connecting the airport and Rawai beach with stops in Patong and all the beaches of Phuket.On the territory of the complex:— reception— 2 swimming pools— 2 sports halls— restaurant— lounge area on the roof— garden— conference hall— bus to the beach— parking— secured area 24 hours / CCTV

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 14, 2024
Updated 1 month ago
Property Type Condo
Floor 6
Bedrooms 2
Size 88 SqM
Price per SqM ฿138,636
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%.

Leasehold
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) Garden View
Unit Type N/A
Building Ocean Stone
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.
฿5,720/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1695502

Investment Opportunity: Charges & Yield

Sale Price
฿12,200,000
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.
฿5,720/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 condos at Ocean Stone, and the current sales price.
9%

Project Details

Project Name: Ocean Stone
Developer: X2 Resorts
Construction: Completed (Aug 2017)
Floors: 7
Buildings: 2
Units: 84
Project Area: 2,880 SqM
Nearest Landmark Bang Tao Beach - 0.9 Km
Location: Choeng Thale, Phuket
Ocean Stone Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Popular Facilities at Ocean Stone

  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Communal Pool
    Ground Floor

Available Units at Ocean Stone

For Sale 7 For Rent 7
Get notified when new homes are being added to Ocean Stone
View All (7)

Loan Calculator

Payment Plan

Ocean Stone
Installment Milestone Payment
Reservation Deposit
Upon contract signing
฿100,000
1st Installment
14 days after contract signing
50%
Final Payment
On handover
50%

Frequently Asked Questions

No pets are allowed at Ocean Stone 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 ฿65 per square meter based on the size of indoor area of the property and is ฿5,720 for this condo. 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 Ocean Stone the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Bang Tao Beach is the nearest Beach from Ocean Stone and it is 0.9 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 Ocean Stone you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Ocean Stone
Installment Milestone Payment
Reservation Deposit
Upon contract signing
฿100,000
1st Installment
14 days after contract signing
50%
Final Payment
On handover
50%

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

3.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Location, Location, Location !!!
Verified Visitor, 4 years ago
Spacious units in a low-density residence with some nice features as the common pool and fitness on the rooftop terrace. Nice quality finishing. Great location - within walking distance to Boat Avenue, Villa market, European and Thai restaurants, Central de Porto. Laguna compound with its golf, spa and fine dining outlets are just are just within 5 minutes driving.
Beautiful condo suitable for vacation rentals
Lachelle Karg, Canada, 4 years ago
Phuket is one of the popular tourist attractions, which there are many beautiful beaches. I love Phuket, so I looked for the condo near the beach and used a car. I finally chose here because many aspects match my lifestyles, such as the location near the beach, the project's design, nearby amenities, etc. I'm sure it is the best condo; therefore, I chose to buy it. It is a 7-story condominium on the land area of 1 rai. Although it seems a small condo, a full range of facilities is provided, such as a gym, on-site restaurant, leisure garden, a rooftop garden, an outdoor swimming pool, and a rooftop pool. The interior is spacious and airy. It is fully furnished and fits well. I love the simple room as I feel comfortable and relaxed. The surrounding area is not just the beach, but it is near the Laguna Phuket area, suitable for people who want a convenient life and good quality of life. Besides, it's surrounded by many places, including restaurants, hotels, golf courses, lakes, etc. It matches my lifestyle well.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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