Unit ID: U1945963
6% Rental Yield
Karon, Phuket Town,Phuket
฿8,500,000
2 Bedrooms
1
Bathroom
70 SqM
Size
3
Floor
Dec 2015
Completed

About This Condo

This property is a 70 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Dec 2015. You can buy this condo for a base price of ฿8,500,000 (฿121,429/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Thai Chanote/ Foreigners leasehold

Thai Chanote Foreigners leasehold 

Features

OceanfrontOceanfront Private PoolPrivate Pool Pool AccessPool Access Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Renovated BathroomRenovated Bathroom (2024) Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Oct 7, 2024
Updated 1 week ago
Property Type Condo
Floor 3
Bedrooms 2
Size 70 SqM
Price per SqM ฿121,429
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%.

Thai Quota, 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) Sea View, Pool View, Garden View
Unit Type N/A
Building Building B
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.
฿3,290/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1945963

Investment Opportunity: Charges & Yield

Sale Price
฿8,500,000
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.
฿3,290/mo
Rent
฿45,000/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.
16
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Project Name: Karon Butterfly
Construction: Completed (Dec 2015)
Floors: 3
Buildings: 5
Units: 166
Project Area: 8,000 SqM
Nearest Landmark Kata Beach - 1.1 Km
Location: Karon, Phuket
Karon Butterfly Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Popular Facilities at Karon Butterfly

  • Communal Pool
    1st Floor
  • Communal Garden Area
    1st Floor
  • Communal Gym
    1st Floor
  • On Site Restaurant
    Ground Floor

Available Units at Karon Butterfly

For Sale 17 For Rent 12
Available Units at Karon Butterfly
฿8,300,000
฿118,571/SqM
Beds 2 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 3 Floor
Fully Furnished Partial Sea View
Updated 1 week ago
Available Units at Karon Butterfly
฿12,900,000
฿107,500/SqM
Beds 2 Beds
Baths 2 Baths
Size 120 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Updated 1 week ago
Available Units at Karon Butterfly
฿8,500,000
฿121,429/SqM
Beds 2 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Sea View
Updated 3 weeks ago
Available Units at Karon Butterfly
฿6,500,000
฿118,182/SqM
Beds 1 Beds
Baths 1 Baths
Size 55 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Garden View
Updated 2 weeks ago
Available Units at Karon Butterfly
฿9,500,000
฿106,742/SqM
Beds 2 Beds
Baths 1 Baths
Size 89 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Updated 2 weeks ago
Available Units at Karon Butterfly
฿5,500,000
฿101,852/SqM
Beds 2 Beds
Baths 1 Baths
Size 54 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Karon Butterfly
฿8,950,000
฿104,070/SqM
Beds 2 Beds
Baths 2 Baths
Size 86 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Sea View
Available Units at Karon Butterfly
฿7,500,000
฿87,209/SqM
Beds 1 Beds
Baths 1 Baths
Size 86 SqM Size
Floor 1 Floor
Company Fully Furnished Garden View
Available Units at Karon Butterfly
฿5,500,000
฿101,852/SqM
Beds 1 Beds
Baths 1 Baths
Size 54 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Pool View
Available Units at Karon Butterfly
฿5,800,000
฿128,889/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 2 Floor
Company Fully Furnished Partial Sea View
Available Units at Karon Butterfly
฿6,500,000
฿118,182/SqM
Beds 2 Beds
Baths 1 Baths
Size 55 SqM Size
Floor Ground Floor Floor
Company Fully Furnished Partial Sea View
Available Units at Karon Butterfly
฿12,700,000
฿133,684/SqM
Beds 2 Beds
Baths 2 Baths
Size 95 SqM Size
Floor 2 Floor
Company Fully Furnished Partial Sea View
Available Units at Karon Butterfly
฿8,900,000
฿100,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 89 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Karon Butterfly
฿14,500,000
฿120,833/SqM
Beds 2 Beds
Baths 2 Baths
Size 120 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Sea View
Available Units at Karon Butterfly
฿6,200,000฿7,498,000
฿108,772/SqM
Beds 1 Beds
Baths 1 Baths
Size 57 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Karon Butterfly
฿8,900,000
฿104,706/SqM
Beds 2 Beds
Baths 1 Baths
Size 85 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Karon Butterfly
฿9,500,000
฿135,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Sea View
Get notified when new homes are being added to Karon Butterfly
View All (17)

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Frequently Asked Questions

No pets are allowed at Karon Butterfly 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 ฿47 per square meter based on the size of indoor area of the property and is ฿3,290 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.
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 Karon Butterfly the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Karon Butterfly and it is 1.1 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 Karon Butterfly you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
upon signing the Purchase Contract within 30 days from the signature of the Reservation Agreement
40%
2nd Installment
Balance upon keys handover within 3months
60%

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

4.8 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
KARON BUTTERFLY
Oxygen Flux Property, Thailand, Current Resident, 7 months ago
The condominium offers a range of living spaces, from cozy studios to expansive penthouses, each meticulously designed to maximize comfort and style. The interiors are bathed in natural light, creating an inviting ambiance that instantly feels like home. One of the standout features of Karon Butterfly is its impressive array of amenities. Residents have access to a state-of-the-art fitness center, a serene rooftop pool with panoramic views of the city skyline, and beautifully landscaped gardens where one can escape the hustle and bustle of urban life. Beyond its physical attributes, BUTTERFLY presents an unparalleled opportunity for those seeking to invest in prime real estate. With its strategic location and burgeoning community, owning a piece of this condominium is not just a sound investment—it's a chance to be part of a vibrant and thriving neighborhood. Whether you're looking for a luxurious place to call home or an investment opportunity with promising returns, [Condo Name] offers the best of both worlds. With its blend of elegance, convenience, and potential for growth, it's no wonder why KARON residents are eager to seize the opportunity to buy into this exclusive condominium. In conclusion, KARON BUTTERFLY is more than just a place to live—it's a lifestyle. With its impeccable design, top-notch amenities, and promising investment potential, it sets a new standard for urban living. Don't miss your chance to be a part of this extraordinary community.
Beautiful residence
Verified Current Resident, 3 years ago
Nice clean and tidy. perfect location 500 meters from beach shuttle bus available to take guests to the beach maintenance fee are cheaper comparing to other condominium.
I really like the vibes of this condo
Ingrid Schmidt, Finland, 5 years ago
I really like the vibes of this condo. The condo is located on a hill offering a panoramic view of Karon Beach. The building may look a bit old, but inside, the room still looks updated. My room has 1 bedroom, with the perfect size and full facilities. Moreover, there is a shuttle bus from the project to Kata and Karon Beaches. You'd better recheck the bus schedule with the staff again because it isn't frequent. It's so convenient, though. Having been here for 2 months, I haven't found any problems. Quite satisfied with this place.
Great for investment
Thanicha Supawat, Thailand, 6 years ago
I invested in a room for this project for the rental business. I bought a one-bedroom unit, approximately 60 square meters, considered very large and decorated with suitable furniture. The view from the room is Karon Bay that is very beautiful. In addition, within the project, there is also a spa, swimming pool, gym, garden, restaurant, and hotel management system, and a receptionist to facilitate us during the stay. It can be considered complete and excellent. The location is perfect; there are many shops, restaurants, and bars in this neighborhood. More importantly, very close to Karon Beach, just a 10-minute walk. The project also has a shuttle bus to Karon beach. I think that it will surely be able to be rented out to foreigners and Thais easily.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Karon Butterfly

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
Karon, Phuket Town, Phuket
Number of units
50
Sales Prices
฿7.2M - ฿22M
▲ 2% overpriced
Monthly Rentals
฿35K - ฿85K
Year Built
May 2009
Completion Status
Completed
Project Name
Sea And Sky
Location
Karon, Phuket Town, Phuket
Number of units
53
Sales Prices
฿3.6M - ฿7.5M
▼ -6% underpriced
Monthly Rentals
฿22K - ฿25K
Year Built
Mar 2015
Completion Status
Completed
Project Name
Utopia Karon
Location
Karon, Phuket Town, Phuket
Number of units
238
Sales Prices
฿4.2M - ฿11.7M
▲ 7.3% overpriced
Monthly Rentals
฿20K
Year Built
Oct 2024
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
77
Sales Prices
฿5M - ฿8M
▼ -1% underpriced
Monthly Rentals
N/A
Year Built
Mar 2024
Completion Status
Completed
Project Name
Palmetto Condo
Location
Karon, Phuket Town, Phuket
Number of units
30
Sales Prices
฿4.6M
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
156
Sales Prices
฿3M - ฿11M
Monthly Rentals
฿90K
Year Built
Jul 2013
Completion Status
Completed
Project Name
Veloche Group
Location
Karon, Phuket Town, Phuket
Number of units
99
Sales Prices
฿3.5M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
98
Sales Prices
฿4.99M - ฿24M
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Jul 2014
Completion Status
Completed
Project Name
Khram at Karon
Location
Karon, Phuket Town, Phuket
Number of units
1
Sales Prices
฿90M
Monthly Rentals
N/A
Year Built
Sep 2024
Completion Status
Made To Order
Project Name
Mali Pool Villa
Location
Karon, Phuket Town, Phuket
Number of units
4
Sales Prices
฿19.9M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
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