1 Bedroom Apartment for sale at Patong Bay Residence 2

(4 Reviews)
Patong, Kathu,Phuket
Unit ID: U20019
7% GUAR. RETURN FOR 15 YEARS
1 Bedroom
1 Bathroom
31.80 SqM Size
2 Floor
Dec 2018 Completed

About This Apartment

This property is a 31.80 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Patong Bay Residence 2 project in Patong, Phuket and was completed in Dec 2018. You can buy this apartment for a base price of ฿2,350,000 (฿73,899/SqM).

Basic Information

Date Listed Nov 4, 2016
Updated 4 years ago
Property Type Apartment
Floor 2
Bedroom 1
Size 31.80 SqM
Price per SqM ฿73,899
Pets Not Allowed
Apartment Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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) City View
Unit Type 1
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
Developer
Electricity Price N/A
Water Price N/A
Unit ID U20019

Price Analysis

Great Price
Estimated market value ฿2,679,097
Great
฿2,580,000
Good
Fair
Above
฿2,880,000
Current asking Price: ฿2,350,000
This apartment is ฿329,097 BELOW MARKET (-12%) in the Phuket area. It is analyzed against similar apartments and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

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
15 Years

Project Details

Project Name: Patong Bay Residence 2
Developer: N/A
Construction: Completed (Dec 2018)
Floors: 8
Buildings: N/A
Units: 126
Project Area: N/A
Nearest Landmark Patong Beach - 0.8 Km
Location: Patong, Phuket
Patong Bay Residence 2 Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
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Frequently Asked Questions

No pets are allowed at Patong Bay Residence 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Bay Residence 2 offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 15 Years.
Read more here.
Patong Beach is the nearest Beach from Patong Bay Residence 2 and it is 0.8 km away.
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FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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Reviews

4.1 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location, next to the main road
Chang Lim, China, 4 years ago
The project is right next to the main road in a convenient neighborhood. On the opposite side, there are both restaurants and convenience stores. Not far from Patong Beach and about 5 minutes to Patong Center. The project is an 8-story building with complete facilities. The rooftop has a swimming pool, a restaurant, and a shuttle bus to the beach. The staff here are lovely and welcoming. The interior of the room is wide, decorated in the condo-style. There are a small kitchen corner and a bedroom, very cold air conditioner. But unfortunately, the TV is outside the bedroom, making it difficult to watch.
Good location near Patong Beach, restaurants and entertainment venues
Anthony Genthner, United States, 4 years ago
The location is near Patong Beach. The room is small, but the interior is beautiful decoration, allocated the areas in perfect zones. Besides, there are complete facilities such as the swimming pool, a garden, and a restaurant with various food options, delicious, and fresh ingredients to eat. Plus, the condo staff provides excellent services. There is also a daily room cleaning service. It's what I'm really impressed with. Overall, it is worthwhile and suitable for the price.
The location surrounded by restaurants & near the beach
Geno Mechling, Italy, 4 years ago
Patong location is extremely called a busy area, and the condo is quite small for a family. It is suitable for 2 people only. The room decor is very nice. The swimming pool is clean. It is hotel-managed, so it gets busy sometimes. However, the project facilities are very good, comprising a swimming pool, a gym, and an on-site restaurant. It is a 10-minute walk to the beach, and many taxis are passing the whole day. Therefore, it is easy to travel. You also don't worry about food because of the location surrounded by many restaurants. It is good value for money, but the downside is that it is very noisy during the high season !!
Comfortable to stay every time.
Lilly Stanton, Australia, 6 years ago
I bought a 2-bedroom unit here for renting out. Since then, I have received a good response from our clients as its location near Patong Beach and Jungceylon Shopping Center. Convenient transportation to the city, and not far from Kamala Beach. The project provides hotel management. There is a receptionist to take care of customers. Also, there is a gym, a swimming pool, a restaurant, a garden, elevators, making the residents feel comfortable to stay every time.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

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