Unit ID: U1912998
7% Rental Yield
Kamala, Kathu,Phuket
฿6,800,000
2 Bedrooms
1
Bathroom
105 SqM
Size
3
Floor
Sep 2010
Completed

About This Condo

This property is a 105 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Kamala, Phuket and was completed in Sep 2010. You can buy this condo for a base price of ฿6,800,000 (฿64,762/SqM).

Basic Information

Date Listed Aug 19, 2024
Updated 2 months ago
Property Type Condo
Floor 3
Bedrooms 2
Size 105 SqM
Price per SqM ฿64,762
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
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, Garden 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.
฿3,675/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1912998

Investment Opportunity: Charges & Yield

Sale Price
฿6,800,000
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.
฿3,675/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 2 bedroom condos at Zen Space, and the current sales price.
7%

Project Details

Project Name: Zen Space
Developer: Ocean Group Asia
Construction: Completed (Sep 2010)
Floors: 3
Buildings: N/A
Units: 60
Project Area: N/A
Nearest Landmark Kamala Beach - 2 Km
Location: Kamala, Phuket
Zen Space 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at Zen Space

For Sale 4 For Rent 10
Get notified when new homes are being added to Zen Space
View All (4)

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Frequently Asked Questions

No pets are allowed at Zen Space 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 ฿35 per square meter based on the size of indoor area of the property and is ฿3,675 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.
Kamala Beach is the nearest Beach from Zen Space and it is 2 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 Zen Space 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

3.9 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Shady condo, people who love trees are recommended.
Lucifer Mckency, United Kingdom, 5 years ago
The condo is surrounded by trees, shady and calm amid the nature of the Kamala area. It is ideal for relaxation as it is a calm, private, and good environment. I have lived in Phuket for many years, and it matches my needs so much. So, I rented this place in a studio size, suitable for 1-2 people. The room is a neatly proportioned space and stylishly decorated furniture, ideal for all lifestyles. In addition, the condo comprises a range of facilities for residents to use, such as a swimming pool, fitness center, clubhouse, and car parking. Besides, it is located within walking distance of Kamala Beach and Patong Beach, traveling comfortably. In conclusion, Zen Space is a condo worthy of nature lovers like me.
People are not crowded and the project is close to nature
Yvone Delange, Brazil, 5 years ago
It is such a tranquil place to stay nestled in nature. The surrounding atmosphere is quiet, and people are not crowded as well. The project facilities include a communal pool, a gym, and sufficient car parking spaces, very convenient and worth the price paid. My room is a studio unit, fully furnished with enough living areas. The balcony is big, able to receive the breezy and nature pleasantly.
Very shady
Kirati Lamarche, India, 6 years ago
You will love this place if you are fascinated by nature. The atmosphere here is shady with green. The atmosphere is pleasant with many trees, fresh air, and bird songs in the morning. The project is located in Kamala, quite isolated from the city chaos, suitable for relaxation and hideaway. There is a pool, parking, and playground for the kids. I loved it from the first day of my visit, and will come back in the future!
It was very peaceful and surrounded by nature.
Kirati Lamarche, India, 6 years ago
When I first moved into a new place, I didn't think there would be accommodation like this in Phuket. It was very peaceful and surrounded by nature. Although it is far from the beach, it's okay because I am okay with this project's facilities. The common area is ideal for nature lovers to do yoga and exercise. If you're here, there will be waterfalls and birdsong every day. Sometimes I have to get over it because traveling is a bit difficult as it is far from shopping places and there are not many restaurants in this neighborhood. Annoyingly, insects are infesting during the rainy season !!
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Zen Space

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
Kamala, Kathu, Phuket
Number of units
66
Sales Prices
฿6.5M - ฿17.9M
▲ 30% overpriced
Monthly Rentals
฿25K - ฿65K
Year Built
Aug 2014
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
20
Sales Prices
฿4.2M - ฿75M
▼ -20% underpriced
Monthly Rentals
฿27K - ฿550K
Year Built
Dec 2018
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
32
Sales Prices
฿8.8M - ฿35M
▼ -5% underpriced
Monthly Rentals
฿45K - ฿85K
Year Built
Aug 2017
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
4
Sales Prices
฿16.9M
Monthly Rentals
N/A
Year Built
Jul 2017
Completion Status
Completed
Project Name
Skylight Villas
Location
Kamala, Kathu, Phuket
Number of units
18
Sales Prices
฿11.9M - ฿12.6M
▲ 2% overpriced
Monthly Rentals
฿80K
Year Built
May 2009
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
N/A
Sales Prices
฿20M
Monthly Rentals
N/A
Year Built
May 2017
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
7
Sales Prices
฿29.9M
Monthly Rentals
N/A
Year Built
Nov 2019
Completion Status
Completed
Location
Kamala, Kathu, Phuket
Number of units
15
Sales Prices
฿21.9M - ฿24.9M
▲ 22% overpriced
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Project Name
Sugar Villa
Location
Kamala, Kathu, Phuket
Number of units
6
Sales Prices
฿37M - ฿71M
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Kamala, Kathu, Phuket
Number of units
12
Sales Prices
฿8.3M
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
Feb 2019
Completion Status
Completed
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