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    Studio Condo for sale at Absolute Twin Sands I
    Patong, Kathu,Phuket
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    Sale Price
    ฿7,200,000
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    Studio Condo for sale at Absolute Twin Sands I
    (1 Review)
    Unit ID: U180476
    16% Rental Yield
    Patong, Kathu,Phuket
    ฿7,200,000
    Studio Bedroom
    1
    Bathroom
    51.40 SqM
    Size
    4
    Floor
    Dec 2012
    Completed
    18
    Sale Price
    ฿7,200,000

    About This Condo

    This property is a 51.40 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2012. You can buy this condo for a base price of ฿7,200,000 (฿140,078/SqM).

    Basic Information

    Date Listed Sep 27, 2019
    Updated 4 years ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 51.40 SqM
    Price per SqM ฿140,078
    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, Mountain 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U180476

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿7,200,000
    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.
    6
    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 studio condos at Absolute Twin Sands I, and the current sales price.
    16%

    Project Details

    Project Name: Absolute Twin Sands I
    Developer: Absolute World Group
    Construction: Completed (Dec 2012)
    Floors: 5
    Buildings: N/A
    Units: 183
    Project Area: N/A
    Nearest Landmark Bangla Road - 2.7 Km
    Location: Patong, Phuket
    Absolute Twin Sands I 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

    Available Units at Absolute Twin Sands I

    For Sale 8 For Rent 1
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Absolute Twin Sands I
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at Absolute Twin Sands I unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Bangla Road is the nearest Tourist Attraction from Absolute Twin Sands I 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 Absolute Twin Sands I 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
    Peaceful and near Patong Beach
    Sanjuanita Rudolf, Germany, 7 years ago
    The perfect vacation place if you don't want to stay in the Patong area, which can be busy and crowded. This place can be your option. As it's close to Patong, yet it's quiet and isolated. You can travel easily with the project's shuttle bus or rent a motorbike to get around. The road can be curvy and steep; you must be careful while riding. The project is average, with almost 200 residential units from studio to 2 bedrooms. There is a small kitchen corner with gadgets. The living area is open, making the room airy. There are facilities such as a large swimming pool, rest area, and pool bar where the staff gives excellent service. The drinks taste incredible. The project is located next to the Marriott Merlin Hotel and 3 nearby beaches - Paradise Beach, Merlin Beach, and Patong Beach, within walking distance. Unfortunately, you cannot expect much from the Wifi here as it isn't stable at all. It won't be any problem if you use it in the common area. Would be much better if they solve it. Nice tho!
    Phuket
    Patong

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