Unit ID: U1915895
9% Rental Yield
Rawai, Phuket Town,Phuket
฿4,000,000
2 Bedrooms
1
Bathroom
102 SqM
Size
3
Floor
Nov 2010
Completed

About This Condo

Basic Information

Date Listed Aug 21, 2024
Updated 1 week ago
Property Type Condo
Floor 3
Bedrooms 2
Size 102 SqM
Price per SqM ฿39,216
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) Park 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.
฿4,284/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1915895

Investment Opportunity: Charges & Yield

Sale Price
฿4,000,000
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.
฿4,284/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 Palm Breeze Resort, and the current sales price.
9%

Project Details

Project Name: Palm Breeze Resort
Developer: N/A
Construction: Completed (Nov 2010)
Floors: 7
Buildings: N/A
Units: 80
Project Area: N/A
Nearest Landmark Rawai Beach - 2.7 Km
Location: Rawai, Phuket
Palm Breeze Resort Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Available Units at Palm Breeze Resort

For Sale 3 For Rent 2
Get notified when new homes are being added to Palm Breeze Resort
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Frequently Asked Questions

No pets are allowed at Palm Breeze Resort 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 ฿42 per square meter based on the size of indoor area of the property and is ฿4,284 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.
Rawai Beach is the nearest Beach from Palm Breeze Resort and it is 2.7 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 Palm Breeze Resort 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

3.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location, but old building
Benz K., Thailand, 7 years ago
Excellent location with many restaurants. Not far from famous tourist landmarks such as Rawai Beach, Nai Harn Beach, or Kata Beach. Unfortunately, it is a bit close to the mosque, which has a lot of prayer noise disturbing my sleep. There is a swimming pool, a tennis court, a playground, and parking lot for residents. Personally, the project is quite old and lacks maintenance. The furniture is almost broken. But the water heater works fine, and there is no musty smell in the room. Most of the neighbors are foreigners.
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palm Breeze Resort

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
Project Name
Sirinthara
Location
Rawai, Phuket Town, Phuket
Number of units
5
Sales Prices
฿18M
▲ 8% overpriced
Monthly Rentals
N/A
Year Built
Dec 2006
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
3
Sales Prices
฿35.7M - ฿37.5M
Monthly Rentals
฿250K
Year Built
Dec 2023
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
5
Sales Prices
฿17.5M
Monthly Rentals
N/A
Year Built
Jun 2023
Completion Status
Completed
Project Name
Crystal Villas
Location
Rawai, Phuket Town, Phuket
Number of units
5
Sales Prices
฿11.9M
▲ 30% overpriced
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
4
Sales Prices
฿19.5M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Location
Rawai, Phuket Town, Phuket
Number of units
26
Sales Prices
฿11.8M
Monthly Rentals
฿75K
Year Built
Jan 2008
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
10
Sales Prices
฿19M
Monthly Rentals
฿160K
Year Built
May 2010
Completion Status
Completed
Project Name
Elite Atoll Villa
Location
Rawai, Phuket Town, Phuket
Number of units
7
Sales Prices
฿28.8M
Monthly Rentals
฿160K
Year Built
Jan 2019
Completion Status
Completed
Project Name
The Niche
Location
Rawai, Phuket Town, Phuket
Number of units
16
Sales Prices
฿11.9M - ฿15.8M
Monthly Rentals
฿130K
Year Built
Sep 2007
Completion Status
Completed
Project Name
Samakee Village
Location
Rawai, Phuket Town, Phuket
Number of units
11
Sales Prices
฿12.9M
Monthly Rentals
฿85K - ฿120K
Year Built
Dec 2011
Completion Status
Completed
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