Unit ID: U1048970
11% Rental Yield
Patong, Kathu,Phuket
฿2,500,000
Studio Bedroom
1
Bathroom
42 SqM
Size
1
Floor
Dec 2006
Completed

About This Condo

This property is a 42 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2006. You can buy this condo for a base price of ฿2,500,000 (฿59,524/SqM).

pPatong Loft condominium is a popular condominium among tourists. All apartments are spacious, studios from m, -bedroom m, -bedroom m. Although the condominium is located close to entertainment venues, there is always a calm atmosphere conducive to relaxation.ppbrppstrongInfrastructurestrongpp-hour security, large outdoor pool, taxi service, parking, elevator.ppbrppstrongWhats nearbystrongppThe complex is located in the northern part of Patong, just a -minute walk from the beach, Jungceylon Shopping Center and the famous Bangla Road nightlife, full of bars, restaurants, clubs and entertainment venues. There is absolutely everything from beach activities in Patong jet skis, bananas, parachutes, kayak, paddle and surfboard rental. There are also volleyball nets on the beach for fans of this team game. Bangla is home to the largest discotheque in Phuket - Illusion. For lovers of club life, there are two floors, a large dance floor and VIP rooms. The nightclub features famous international DJs and great shows. Worldwide restaurants, including the popular Hard Rock Caf. There are Thai food stalls and fruit stalls, fresh juices and fresh juices, massage parlours, convenience stores and -Eleven shops. A little further in the depths of Patong, the Junqceylon shopping centre is open, with stores of both national Thai and world brands. On its territory there is also a department store Robinson and Big C. And opposite Junqceylon, next to Bangla Road, a new Central Festival was opened.ppbrppstrongFor whom is it suitablestrongppPatong Loft Condo is a great choice to explore Phuket or just relax and recharge. One of the options that will surely satisfy your needs if you are considering buying a property for investment or for a long stay.p

Features

Pool AccessPool Access BalconyBalcony BathtubBathtub Renovated KitchenRenovated Kitchen MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 27, 2022
Updated 2 years ago
Property Type Condo
Floor 1
Bedroom Studio
Size 42 SqM
Price per SqM ฿59,524
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) 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.
฿2,100/mo
Listed By
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1048970

Investment Opportunity: Charges & Yield

Sale Price
฿2,500,000
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.
฿2,100/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.
9
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 studio condos at Patong Loft, and the current sales price.
11%

Project Details

Project Name: Patong Loft
Developer: Patong Loft
Construction: Completed (Dec 2006)
Floors: 7
Buildings: 1
Units: 82
Project Area: 1,000 SqM
Nearest Landmark Patong Beach - 1.2 Km
Location: Patong, Phuket
Patong Loft Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Patong Loft

  • Communal Pool
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Patong Loft

For Sale 4 For Rent 5
Get notified when new homes are being added to Patong Loft
View All (4)

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Frequently Asked Questions

No pets are allowed at Patong Loft 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,100 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.
Patong Beach is the nearest Beach from Patong Loft and it is 1.2 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 Patong Loft 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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo next to the main road, private in Patong area
Ashly Belford, United States, 5 years ago
The condo next to the main road in a perfect location near Patong Center, a venue for street food and Jungceylon Mall. It's just a walking distance to Patong beach in 20 minutes. The building looks quite old from the outside, but the inside was well maintained and renovated. My room has 2 bedrooms with ensuite bathrooms and a bathtub in a master bathroom. The master bedroom is spacious enough to put a king-size bed. The kitchen comes with equipment and storage. The balcony is large enough to put a small table set for chilling in the evening. Most of my neighbors are retired foreigners. Although I live in the Patong area, the neighborhood is quiet and pleasant, with complete facilities.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patong Loft

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