Unit ID: U1969850
Ratsada, Phuket Town,Phuket
฿1,690,000
1 Bedroom
1
Bathroom
24 SqM
Size
1
Floor
Dec 2022
Completed

About This Condo

This property is a 24 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Dec 2022. You can buy this condo for a base price of ฿1,690,000 (฿70,417/SqM).

New Condo in Central Phuket, Ratsada, Muang Phuket, Thailand

New Condo in Central Phuket, Ratsada, Muang Phuket, Thailand. This nearly completed new condo project in the heart of Phuket is designed with simplicity and luxury in mind. Each unit is fully decorated and equipped, catering to the modern lifestyle of the new generation. Located on Sri Suthat Road, this development offers excellent accessibility and convenience. Ideal for investors, with rental potential around 4,000-5,000 baht per month, and affordable installment plans starting just over a million baht. Free built-in furnishings are included in every room, making this a move-in-ready opportunity. Attractions nearby:
  • Wat Chalong
  • Phuket Old Town Community
  • Bangkok Hospital
  • 7-11
  • Walking Street, Lad Yai
  • Phuket Municipality School
  • Phuket Wittayalai School
  • Coconut Island
  •  
This condo offers a prime location and modern living, perfect for those looking to invest in Phuket’s growing real estate market.Property ID: HZ21743www.homeforsalethailand.com

Basic Information

Date Listed Nov 15, 2024
Updated 7 hours ago
Property Type Condo
Floor 1
Bedroom 1
Size 24 SqM
Price per SqM ฿70,417
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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1969850

Investment Opportunity: Charges & Yield

Sale Price
฿1,690,000

Project Details

Project Name: Ocean Town Muang-Ratsada
Developer: N/A
Construction: Completed (Dec 2022)
Floors: N/A
Buildings: N/A
Units: 187
Project Area: 32,120 SqM
Nearest Landmark Rassada Pier - 1.9 Km
Location: Ratsada, Phuket
Ocean Town Muang-Ratsada Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Ocean Town Muang-Ratsada

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Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the plot size of the property and is 0 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.
Rassada Pier is the nearest Pier from Ocean Town Muang-Ratsada and it is 1.9 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 Town Muang-Ratsada 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

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Phuket
Ratsada

Neighborhood Overview

Location and Neighborhood

Street View

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