Unit ID: U1695542
9% Rental Yield
Karon, Phuket Town,Phuket
฿11,000,000
2 Bedrooms
2
Bathrooms
162 SqM
Size
3
Floor
Jul 2013
Completed

About This Condo

This property is a 162 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Karon, Phuket and was completed in Jul 2013. You can buy this condo for a base price of ฿11,000,000 (฿67,901/SqM).

Spacious 2-bedroom sea view apartment 700 m from Karon Beach

Spacious apartment with 2 bedrooms 162 sq.m. Suitable for couples or families with children. The apartment has all the necessary furniture and household appliances. The apartment also has parquet flooring and panoramic windows, making it even more spacious. The kitchen area is combined with the living area - it has its own exit to the terrace. Two separate bedrooms with individual bathrooms and separate exits to the terrace. The apartment has been freshly renovated. The apartment has never been rented out.The modern residential complex Karon Hill Residence is located 700 meters from Karon Beach. There are 156 apartments in three 7-story buildings.The condominium has 3 swimming pools, a garden, and laundry facilities. For the residents of the complex to keep fit, the complex has a gym and a sauna. There is a playground for children.The condominium is located in a busy area with shops, restaurants, cafes, bars, and mini-markets on Karon Beach. Just a 15-minute drive from Patong Beach with shopping malls, restaurants, and vibrant nightlife.   On the complex territory:
  • reception
  • 3 swimming pools
  • garden
  • sauna
  • Gym
  • bar
  • laundry
  • playground
  • parking
  • secured area 24 hours / CCTV

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Aug 14, 2024
Updated 4 months ago
Property Type Condo
Floor 3
Bedrooms 2
Size 162 SqM
Price per SqM ฿67,901
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
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
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.
฿7,938/mo
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 U1695542

Investment Opportunity: Charges & Yield

Sale Price
฿11,000,000
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.
฿7,938/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.
11
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 condos at Karon Hill Residence, and the current sales price.
9%

Project Details

Project Name: Karon Hill Residence
Developer: N/A
Construction: Completed (Jul 2013)
Floors: 7
Buildings: N/A
Units: 156
Project Area: N/A
Nearest Landmark Karon Beach - 0.6 Km
Location: Karon, Phuket
Karon Hill Residence 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Karon Hill Residence

For Sale 4 For Rent 1
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Frequently Asked Questions

No pets are allowed at Karon Hill Residence 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 ฿49 per square meter based on the size of indoor area of the property and is ฿7,938 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 Hill Residence the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.
Karon Beach is the nearest Beach from Karon Hill Residence and it is 0.6 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 Hill Residence 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Karon Hill Residence

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
98
Sales Prices
฿4.99M - ฿24M
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Jul 2014
Completion Status
Completed
Project Name
Palmetto Condo
Location
Karon, Phuket Town, Phuket
Number of units
30
Sales Prices
฿4.6M - ฿5.77M
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Project Name
Veloche Group
Location
Karon, Phuket Town, Phuket
Number of units
99
Sales Prices
฿21.7M
Monthly Rentals
N/A
Year Built
Jan 2019
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
฿3.9M - ฿8M
▼ -1% underpriced
Monthly Rentals
N/A
Year Built
Mar 2024
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
50
Sales Prices
฿7.2M - ฿21.8M
▲ 2% overpriced
Monthly Rentals
฿35K - ฿85K
Year Built
May 2009
Completion Status
Completed
Project Name
Karon Butterfly
Location
Karon, Phuket Town, Phuket
Number of units
166
Sales Prices
฿3.9M - ฿14.5M
▼ -11% underpriced
Monthly Rentals
฿28K - ฿75K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Sea And Sky
Location
Karon, Phuket Town, Phuket
Number of units
53
Sales Prices
฿3.8M - ฿7.5M
▼ -6% underpriced
Monthly Rentals
฿22K - ฿25K
Year Built
Mar 2015
Completion Status
Completed
Project Name
VIP Venus Karon
Location
Karon, Phuket Town, Phuket
Number of units
214
Sales Prices
฿3.1M - ฿5.6M
Monthly Rentals
N/A
Year Built
Oct 2026
Completion Status
Off Plan
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
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