Unit ID: U1696296
9% Rental Yield
Wichit, Phuket Town,Phuket
฿2,750,000
Studio Bedroom
1
Bathroom
55 SqM
Size
8
Floor
Dec 2014
Completed

About This Condo

This property is a 55 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Wichit, Phuket and was completed in Dec 2014. You can buy this condo for a base price of ฿2,750,000 (฿50,000/SqM).

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 5, 2024
Updated 9 months ago
Property Type Condo
Floor 8
Bedroom Studio
Size 55 SqM
Price per SqM ฿50,000
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%.

Thai 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) City 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 U1696296

Investment Opportunity: Charges & Yield

Sale Price
฿2,750,000
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.
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 studio condos at The View Condo Suanluang, and the current sales price.
9%

Project Details

Project Name: The View Condo Suanluang
Developer: N/A
Construction: Completed (Dec 2014)
Floors: 8
Buildings: N/A
Units: 884
Project Area: N/A
Nearest Landmark Patong Beach - 8.6 Km
Location: Wichit, Phuket
The View Condo Suanluang Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking

Available Units at The View Condo Suanluang

For Sale 5 For Rent 13
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Frequently Asked Questions

No pets are allowed at The View Condo Suanluang unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Beach is the nearest Beach from The View Condo Suanluang and it is 8.6 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 The View Condo Suanluang 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Fantastic location!
Crish Wang, China, 5 years ago
The project is in a fantastic location. It is located in the city's center, which serves as the hub of the facilities. The Chao Fah Variety Market, Central Department Store, and the park are also close. Furthermore, this neighborhood is a foodie's paradise with Thai, Chinese, and Japanese cuisine readily available. There is a lot to choose from. The location of the project is at the end of the alley. The atmosphere is calm and quiet. I live in a studio room. The interior of the room is not cramped. It is suitable for a single person to live alone. There is a small balcony provided. In addition, the rental price is reasonable. I've been here for about three years. Residents have access to a swimming pool, a gym, and parking. When considering the number of residents, there are not enough parking spaces. If I arrive home late on some days, I must park on the road outside the project.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The View Condo Suanluang

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Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
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Number of units
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Completion Status
Location
Talat Nuea, Phuket Town, Phuket
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฿3.5M
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Location
Wichit, Phuket Town, Phuket
Number of units
708
Sales Prices
฿6.3M
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฿40K - ฿46K
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Location
Wichit, Phuket Town, Phuket
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Sales Prices
฿6M
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Year Built
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Completion Status
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Project Name
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▼ -45% underpriced
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Location
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฿3.99M - ฿39.8M
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Year Built
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Project Name
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฿1.65M - ฿1.69M
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Project Name
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Location
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Completion Status
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Project Name
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Location
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Number of units
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Completion Status
Completed
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