Unit ID: U1399270
7% GUAR. RETURN FOR 3 YEARS
Patong, Kathu,Phuket
฿7,985,000
Studio Bedroom
1
Bathroom
49 SqM
Size
3
Floor
Dec 2017
Completed

About This Condo

This property is a 49 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 2017. You can buy this condo for a base price of ฿7,985,000 (฿162,959/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 13, 2023
Updated 1 year ago
Property Type Condo
Floor 3
Bedroom Studio
Size 49 SqM
Price per SqM ฿162,959
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%.

N/A
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) 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.
฿3,920/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 U1399270

Investment Opportunity: Charges & Yield

Sale Price
฿7,985,000
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.
฿3,920/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
Guaranteed Rental Return
7%
Guarantee Duration
3 Years

Project Details

Project Name: Absolute Twin Sands III
Construction: Completed (Dec 2017)
Floors: 5
Buildings: N/A
Units: 86
Project Area: N/A
Nearest Landmark Bangla Road - 2.7 Km
Location: Patong, Phuket
Absolute Twin Sands III Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Spa Spa
Steam Room Steam Room
Sauna Sauna
Communal Garden Area Communal Garden Area

Available Units at Absolute Twin Sands III

Get notified when new homes are being added to Absolute Twin Sands III
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Frequently Asked Questions

No pets are allowed at Absolute Twin Sands III 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 ฿80 per square meter based on the size of indoor area of the property and is ฿3,920 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 Absolute Twin Sands III the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Absolute Twin Sands III offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Bangla Road is the nearest Tourist Attraction from Absolute Twin Sands III 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 III 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent service and friendly staff
Chase Cass, Australia, 5 years ago
It is a good vacation for the 14 days that I have stayed with Absolute Twin Sands III. It is a perfect service accommodation. The friendly staff pays attention to every detail, and they warmly welcomed me, giving a sense of the service-minded. The project's location is calm, private, and not chaotic, situated amid nature on the hill with a beautiful view. It allows me to relax fully. Besides, I have visited a wonderful beach like Freedom Beach, which is not far from the condo. I have sunbathed, swimming in the sea, and admire the serene blue sea nature. I am very impressed! The project offers many special services, whether it is a spa, yoga, a wellness program, which is very good. There is also a shuttle service to Phuket Town. It is all-in-one. I would recommend it. If anyone is looking for luxury accommodation with a special service here, Absolute Twin Sands will be the perfect and excellent place then.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Absolute Twin Sands III

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
Patong, Kathu, Phuket
Number of units
52
Sales Prices
฿5.9M - ฿11.4M
▼ -6% underpriced
Monthly Rentals
฿50K - ฿70K
Year Built
Dec 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
183
Sales Prices
฿3.68M - ฿13.9M
▲ 10% overpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
494
Sales Prices
฿9.25M - ฿20.8M
Monthly Rentals
N/A
Year Built
Nov 2026
Completion Status
Off Plan
Location
Patong, Kathu, Phuket
Number of units
19
Sales Prices
฿17.9M - ฿62.9M
▲ 14.1% overpriced
Monthly Rentals
฿180K
Year Built
Jun 2021
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
12
Sales Prices
฿29M
Monthly Rentals
N/A
Year Built
Jun 2009
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
26
Sales Prices
฿7.05M - ฿26.2M
Monthly Rentals
N/A
Year Built
Jan 2025
Completion Status
Off Plan
Project Name
Atika Villas
Location
Patong, Kathu, Phuket
Number of units
11
Sales Prices
฿30M - ฿35M
▼ -26% underpriced
Monthly Rentals
฿130K - ฿240K
Year Built
Sep 2011
Completion Status
Completed
Project Name
Bayview Paradise
Location
Patong, Kathu, Phuket
Number of units
47
Sales Prices
฿130M
▼ -6.3% underpriced
Monthly Rentals
N/A
Year Built
Jan 2020
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
148
Sales Prices
฿10.5M - ฿11M
▲ 21.7% overpriced
Monthly Rentals
N/A
Year Built
May 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
฿13M
Monthly Rentals
N/A
Year Built
Jun 2007
Completion Status
Completed
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