Unit ID: U1885722
7% Rental Yield
Patong, Kathu,Phuket
฿14,950,000
2 Bedrooms
2
Bathrooms
102 SqM
Size
Ground Floor
Floor
May 1995
Completed

About This Condo

This property is a 102 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in May 1995. You can buy this condo for a base price of ฿14,950,000 (฿146,569/SqM).

Seaview Condo at Kalim Bay Rent to Own ONLY 80,000 per month

Starting from 80,000 THB/month and move inFrom 0% interestMinimum 2.5% down paymentMove in After Down Payment1 day processingno bank checksGood Credit Score Not RequiredMin 18 yearsNo maximum ageSecured by trusted lawyersRent out and earn more monthly than your rental payment 

Features

Beach AccessBeach Access Ocean AccessOcean Access Pool AccessPool Access Garden AccessGarden Access BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Jun 27, 2024
Updated 3 months ago
Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 102 SqM
Price per SqM ฿146,569
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) Partial Sea View, Pool View
Unit Type N/A
Building Building C
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.
฿8,772/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1885722

Investment Opportunity: Charges & Yield

Sale Price
฿14,950,000
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.
฿8,772/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.
15
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 The Residence Kalim Bay, and the current sales price.
7%

Project Details

Project Name: The Residence Kalim Bay
Construction: Completed (May 1995)
Floors: 4
Buildings: 3
Units: 52
Project Area: 9,600 SqM
Nearest Landmark Kalim Beach - 0.1 Km
Location: Patong, Phuket
The Residence Kalim Bay Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Party Hall / Group Entertainment Party Hall / Group Entertainment
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at The Residence Kalim Bay

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at The Residence Kalim Bay

For Sale 3 For Rent 4
Get notified when new homes are being added to The Residence Kalim Bay
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Frequently Asked Questions

No pets are allowed at The Residence Kalim Bay 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 ฿86 per square meter based on the size of indoor area of the property and is ฿8,772 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.
Kalim Beach is the nearest Beach from The Residence Kalim Bay and it is 0.1 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 The Residence Kalim Bay 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Clean room, few steps to the beach so impressed!!!
Jeniffer Illingworth, United Kingdom, 7 years ago
Our family booked the place for one month and requested a room for 5 people. The apartment is cleaner and quieter than I expected. The room is spacious and decorated in Thai style. There is a bar corner in the middle of the room. The essentials for the stay are prepared. Also, the internet is fast to work without interruption. The project frontage has a fantastic outdoor swimming pool with the poolside bar. The bartender is friendly and skillful. He made tasty drinks. Unfortunately, this is a 4-story building without an elevator. When the party was over, we almost didn't make it to the room. In front of the project is a Kalim Beach, it is close to 7-eleven, pharmacy, restaurants, and money exchange; all within walking distance. In the evening, there will be street foods along the road. It takes about 2 kilometers to Jungceylon and Bangla Road, which is very convenient. I recommended this place!!
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Residence Kalim Bay

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Patong, Kathu, Phuket
Number of units
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Sales Prices
฿34.1M
▲ 1.2% overpriced
Monthly Rentals
N/A
Year Built
Dec 2006
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
54
Sales Prices
฿7.87M - ฿14.5M
▼ -44% underpriced
Monthly Rentals
฿29.9K - ฿125K
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Completed
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Location
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Number of units
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Year Built
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Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
40
Sales Prices
฿18.5M - ฿31.9M
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Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
Patong, Kathu, Phuket
Number of units
246
Sales Prices
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Monthly Rentals
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Patong, Kathu, Phuket
Number of units
24
Sales Prices
฿12.8M - ฿17.9M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
Swiss Palm Beach
Location
Patong, Kathu, Phuket
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
96
Sales Prices
฿3.24M - ฿13M
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Monthly Rentals
฿29.9K - ฿91.1K
Year Built
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Completion Status
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Project Name
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Location
Patong, Kathu, Phuket
Number of units
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Year Built
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Completion Status
Completed
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