Unit ID: U1853810
8% Rental Yield
Choeng Thale, Thalang,Phuket
฿21,000,000
2 Bedrooms
3
Bathrooms
330 SqM
Size
1
Floor
Jan 2005
Completed

About This Apartment

This property is a 330 SqM apartment with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2005. You can buy this apartment for a base price of ฿21,000,000 (฿63,636/SqM).

Very spacious 2 bedroom apartment in Lotus Garden.  Prime location at walking distance from the pristine Layan beach. Large interior space and terrace with plunge pool.  Convenient storage space. Private parking spot.   

Features

Private PoolPrivate Pool JacuzziJacuzzi TerraceTerrace Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Date Listed May 31, 2024
Updated 1 month ago
Property Type Apartment
Floor 1
Bedrooms 2
Size 330 SqM
Price per SqM ฿63,636
Pets Not Allowed
Apartment 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) Mountain View, Garden View
Unit Type N/A
Building Communal Area
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.
฿16,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1853810

Investment Opportunity: Charges & Yield

Sale Price
฿21,000,000
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.
฿16,500/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.
12
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 apartments at Lotus Gardens, and the current sales price.
8%

Project Details

Project Name: Lotus Gardens
Construction: Completed (Jan 2005)
Floors: 6
Buildings: 1
Units: 50
Project Area: 11,325 SqM
Nearest Landmark Layan Beach - 0.4 Km
Location: Choeng Thale, Phuket
Lotus Gardens Project Details

Project Features

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

Popular Facilities at Lotus Gardens

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Lotus Gardens

For Sale 2 For Rent 5
Get notified when new homes are being added to Lotus Gardens
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Frequently Asked Questions

No pets are allowed at Lotus Gardens 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 ฿16,500 for this apartment. 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 Lotus Gardens the required payment for the sinking fund is ฿275 per square meter based on the size of the indoor area of the property.
Layan Beach is the nearest Beach from Lotus Gardens and it is 0.4 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 Lotus Gardens 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
The atmosphere is quiet and relaxing.
Edmund Gao, United States, 5 years ago
I visited here last month. It was a bit quiet as there are not many tourists compared with the high season. I could take a rest comfortably and privately. I stayed here for many days, and the room we rented is 1 bedroom. The balcony offers a beautiful sea view as the project location is located on the hill. The project area is decorated with beautiful gardens. The condo entrance is easy to find, but the road is a bit sloped up. For anyone professional in driving a car, it's not recommended. You'd better park the car in front of the condo.
Very happy!
Emmy Chan, Singapore, 5 years ago
Although the building's exterior looks a bit old, this place is well maintained and clean. The staff is friendly and takes good care of us. It is a wonderful time living here. Our room has spacious 3 bedrooms with comfortable decoration, a full set of furniture, a private swimming pool, and a Jacuzzi. The air conditioner is quiet and works well. Also, the project is close to Layan Beach in a few steps.
A pleasant condo and the staff are friendly.
Dennis Gary, South Africa, 6 years ago
The project is located in the Cherngtalay area. About 80% of foreigners live here, and I think this place is very easy to find food as there are many inexpensive restaurants and about 600 meters from the beach. The room I stayed in was 2 bedrooms and 2 bathrooms. The first time I moved in, it was fully furnished. It is clean and well maintained. There are almost no problems with breakdowns or dirtiness at all. The downside is that I think it gets quite busy during the High Season.
It is the ideal accommodation for relaxation.
Melany Giffen, Germany, 7 years ago
Lotus Gardens is one of the residences in Phuket that I am impressed with because it is calm and private. It feels like I am staying at home. Also, it is close to Layan Beach where I often go sunbathing while vacationing here. The interior is complete without something deficient at all. It is very good! The room that I rented is well-decorated, the furniture is stylish and quality. The facilities are well-equipped, such as a large clean swimming pool with a Jacuzzi tub. Overall, it is great! The staff was nice, friendly and the neighbors were okay. The project environment is also perfect. I would like everyone to stay here!
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lotus Gardens

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
Choeng Thale, Thalang, Phuket
Number of units
403
Sales Prices
฿4.9M - ฿36.4M
▲ 16% overpriced
Monthly Rentals
฿160K
Year Built
Sep 2023
Completion Status
Completed
Project Name
Suan Tua Estate
Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
฿9.5M
Monthly Rentals
฿90K
Year Built
Dec 2016
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
946
Sales Prices
฿6.5M - ฿12.3M
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
377
Sales Prices
฿6.65M - ฿28.6M
Monthly Rentals
N/A
Year Built
Nov 2025
Completion Status
Off Plan
Project Name
Ocean Breeze
Location
Choeng Thale, Thalang, Phuket
Number of units
50
Sales Prices
฿4.5M - ฿12.5M
▼ -38% underpriced
Monthly Rentals
฿40K - ฿90K
Year Built
Jan 2007
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
6
Sales Prices
฿34.6M - ฿59.7M
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Project Name
Bamboo Forest
Location
Choeng Thale, Thalang, Phuket
Number of units
135
Sales Prices
฿5.5M - ฿36.5M
Monthly Rentals
N/A
Year Built
Dec 2027
Completion Status
Off Plan
Project Name
ISOLA Phuket
Location
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
฿58M
▼ -4% underpriced
Monthly Rentals
฿320K
Year Built
Jun 2022
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
9
Sales Prices
฿28.5M - ฿30.5M
Monthly Rentals
N/A
Year Built
Jun 2023
Completion Status
Completed
Project Name
Layan Verde
Location
Choeng Thale, Thalang, Phuket
Number of units
776
Sales Prices
฿6.74M - ฿130M
Monthly Rentals
N/A
Year Built
May 2027
Completion Status
Off Plan
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