Unit ID: U1889229
8% Rental Yield
Wichit, Phuket Town,Phuket
฿2,090,000
1 Bedroom
1
Bathroom
37 SqM
Size
5
Floor
Jun 2014
Completed

About This Condo

This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wichit, Phuket and was completed in Jun 2014. You can buy this condo for a base price of ฿2,090,000 (฿56,486/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 3, 2024
Updated 1 week ago
Property Type Condo
Floor 5
Bedroom 1
Size 37 SqM
Price per SqM ฿56,486
Pets All Kind of Pets 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
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 Building 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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1889229

Investment Opportunity: Charges & Yield

Sale Price
฿2,090,000
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.
13
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 1 bedroom condos at The Future Condo, and the current sales price.
8%

Project Details

Project Name: The Future Condo
Developer: N/A
Construction: Completed (Jun 2014)
Floors: 8
Buildings: N/A
Units: 123
Project Area: N/A
Nearest Landmark KING POWER Phuket - 0.3 Km
Location: Wichit, Phuket
The Future Condo Project Details

Project Features

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

Available Units at The Future Condo

For Sale 4 For Rent 2
Get notified when new homes are being added to The Future Condo
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Loan Calculator

Frequently Asked Questions

KING POWER Phuket is the nearest Shopping Mall from The Future Condo and it is 0.3 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 The Future Condo 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
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Future Condo

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
Wichit, Phuket Town, Phuket
Number of units
708
Sales Prices
฿6.3M
Monthly Rentals
฿40K
Year Built
N/A
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
699
Sales Prices
฿5.9M - ฿6.8M
▼ -26% underpriced
Monthly Rentals
฿20K - ฿60K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Eva Town
Location
Wichit, Phuket Town, Phuket
Number of units
72
Sales Prices
฿4.68M - ฿4.69M
▼ -45% underpriced
Monthly Rentals
฿30K - ฿50K
Year Built
Jun 2014
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
19
Sales Prices
฿3.3M - ฿11M
▼ -8.7% underpriced
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Project Name
Phuket Villa 5
Location
Wichit, Phuket Town, Phuket
Number of units
300
Sales Prices
฿3.39M - ฿25M
Monthly Rentals
฿17K - ฿55K
Year Built
Jan 2008
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
884
Sales Prices
฿1.79M - ฿2.89M
▼ -35% underpriced
Monthly Rentals
฿10K - ฿25K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Villa Daorung
Location
Wichit, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿5.5M
Monthly Rentals
฿14K
Year Built
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Completion Status
Completed
Project Name
Naka Condo
Location
Wichit, Phuket Town, Phuket
Number of units
79
Sales Prices
฿1.65M - ฿2.1M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Talat Nuea, Phuket Town, Phuket
Number of units
225
Sales Prices
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Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Chaofa Dowroong
Location
Talat Nuea, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿6.39M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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