Studio Condo for sale at Viva Patong

(4 Reviews)
Patong, Kathu,Phuket
Unit ID: U14369
6% Rental Yield
Studio Bedroom
1 Bathroom
37.22 SqM Size
3 Floor
Mar 2018 Completed

About This Condo

This property is a 37.22 SqM studio condo with 1 bathroom that is available for sale. It is part of the Viva Patong project in Patong, Phuket and was completed in Mar 2018. You can buy this condo for a base price of ฿4,766,400 (฿128,060/SqM).

Secure Comfort & Luxury at Viva Patong in Phuket

Are you in the market for a beautiful and conveniently located studio condo in Phuket? If so, this 37.22 SqM studio condo with 1 bathroom in the Viva Patong Project may be perfect for you! The condo is just completed in March 2018, and can be yours today at a base price of ฿4,466,400 (฿120,000/SqM).This condo is made up of modern, high-quality materials that make it comfortable, durable, and aesthetically pleasing. It also provides a spacious interior, with an open floor plan that allows you to maximize every inch of space. The location of this condo could not be more ideal either, as it is conveniently situated in the heart of Patong, Phuket.At the Viva Patong project, you can enjoy a variety of amenities, including a fitness center, swimming pool, rooftop lounge, and recreational areas. You will also have access to a five-star hotel which will provide you with a wide range of luxury services and amenities.This condo is a great opportunity for you to invest in a sound and secure property located in one of the most popular and desirable areas in Phuket. This property enjoys comfortable living and excellent returns, as well as many advantages of being part of the Viva Patong project. Do not miss out on your chance to make this remarkable home your own! Contact us today to enquire further on this incredible property!

Features

Wet BarWet Bar BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 3, 2016
Updated 3 years ago
Property Type Condo
Floor 3
Bedroom Studio
Size 37.22 SqM
Price per SqM ฿128,060
Pets Not Allowed
Condo 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%.

Foreign Quota, Thai Quota, Company
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) Pool View
Unit Type STU
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.
฿1,861/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U14369

Price Analysis

Great Price
Estimated market value ฿5,385,147
Great
฿4,870,000
Good
Fair
Above
฿5,720,000
Current asking Price: ฿4,766,400 | Rental estimate: ฿21,900/mo
This condo is ฿618,747 BELOW MARKET (-11%) in the Phuket area. It is analyzed against similar condos 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

Sale Price
฿4,766,400
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.
฿1,861/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.
18
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 Viva Patong, and the current sales price.
6%

Project Details

Project Name: Viva Patong
Developer: Viva Patong
Construction: Completed (Mar 2018)
Floors: 7
Buildings: 4
Units: 64
Project Area: 3,280 SqM
Nearest Landmark Central Patong - 2.4 Km
Location: Patong, Phuket
Viva Patong Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Key card access Key card access

Popular Facilities at Viva Patong

  • Communal Pool
    1st Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Viva Patong

For Sale 23 For Rent 1
Available Units at Viva Patong
฿3,501,600
฿131,244/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26.68 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿4,394,200
฿118,060/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37.22 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿8,583,450
฿119,165/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 72.03 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿4,571,300
฿117,726/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 38.83 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿3,635,000
฿136,244/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26.68 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿8,806,800
฿124,232/SqM
Beds 2 Beds
Baths 2 Baths
Size 70.89 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Partial Sea View
Available Units at Viva Patong
฿5,153,750
฿132,726/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 38.83 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿3,715,000
฿139,243/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26.68 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿5,270,240฿5,766,650
฿135,726/SqM
Beds 1 Beds
Baths 1 Baths
Size 38.83 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿21,000,000
฿163,462/SqM
Beds 2 Beds
Baths 2 Baths
Size 128.47 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿15,000,000
฿168,067/SqM
Beds 2 Beds
Baths 2 Baths
Size 89.25 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿3,901,800
฿146,244/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26.68 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿5,449,100
฿116,409/SqM
Beds 1 Beds
Baths 1 Baths
Size 46.81 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿4,681,200
฿128,217/SqM
Good Price
Beds Studio Beds
Baths 1 Baths
Size 36.51 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿4,742,500
฿133,441/SqM
Good Price
Beds Studio Beds
Baths 1 Baths
Size 35.54 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿6,107,500
฿131,457/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46.46 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿6,151,250
฿131,409/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46.81 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿4,766,400
฿128,060/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 37.22 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿6,572,100
฿141,457/SqM
Beds 1 Beds
Baths 1 Baths
Size 46.46 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿5,064,160
฿136,060/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 37.22 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿6,339,800฿8,069,550
฿136,457/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46.46 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Viva Patong
฿4,894,000
฿138,483/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.34 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Viva Patong
฿5,070,900
฿143,489/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.34 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Sea View
Get notified when new homes are being added to Viva Patong
View All (23)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Within 60 days after the 1st payment
40%
3rd Installment
On handover
20%

Frequently Asked Questions

No pets are allowed at Viva Patong 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,861 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 Viva Patong the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Central Patong is the nearest Shopping Mall from Viva Patong and it is 2.4 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 Viva Patong you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Within 60 days after the 1st payment
40%
3rd Installment
On handover
20%

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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.9 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect Location Great Views & Well Priced!
Sm Sweet, Australia, Visitor, 2 years ago
Viva Patong is very well positioned where lush jungle and crystal clear beaches are all nearby. The rooms are designed so that regardless of where you look your likely to see relaxing views. Some facilities are still being finalised and once finished will make it even more desirable. With Patong nightlife, shops and restaurants only a 5 min drive away or a 15- 20 minute walk away makes Viva’s location one of its strong points. Surrounded by beautiful resorts and diverse views, makes Viva Patong a beautiful relaxing place to visit or call home.
And hidden gem surrounded by beaches and jungle..
Verified Current Resident, 3 years ago
If you want to live where the action is but don’t want to be in the centre of the hustle and bustle. Viva Patong is just that place. Where beaches are only a walking distance away and Bangla Road is only a five minute drive or 15 minute walk.
Recommended this place. Super private!
Ron Hyatt, United States, 3 years ago
I want to recommend this place to anyone who wants to find excellent accommodation in Patong for both the long term and short term. This place comes with completed facilities in the perfect location, close to the beaches and Jungceylon shopping center. The staff is fantastic, very professional. The room is new, bright and gives a stunning view of the sea. The balcony is also quite big and has lots of parking spaces. Comfortable! The surrounding atmosphere is quiet because most of them are five-star hotels, not crowded at all. Super private!
Modern condo near Patong Beach
Sonee Marcon, France, 5 years ago
The condo is near Patong Beach within 5 kilometers. You can also ride a motorbike around Patong comfortably. With the pleasant condo atmosphere, it gives a sense of relaxation and could spend leisure time comfortably. My family and I are impressed here because of the modern design. The room is so beautiful, luxuriously and premium decorated. With its prime location of Patong, it is easy to go everywhere, without worrying about anything as it is convenient. Close to many popular beaches and tourist attractions!!
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Viva Patong

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
86
Sales Prices
฿4.5M - ฿24M
▼ -0.3% underpriced
Monthly Rentals
฿70K
Year Built
Dec 2017
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
183
Sales Prices
฿3.67M - ฿13.9M
▲ 14% overpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
52
Sales Prices
฿5.5M - ฿13M
▼ -19.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
19
Sales Prices
฿19.2M - ฿62.9M
▲ 12.4% 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
Project Name
Atika Villas
Location
Patong, Kathu, Phuket
Number of units
11
Sales Prices
฿25M - ฿35M
▼ -24% 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
109
Sales Prices
฿3.1M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
39
Sales Prices
฿3.1M - ฿6.5M
▼ -34% underpriced
Monthly Rentals
฿30K - ฿55K
Year Built
Nov 2010
Completion Status
Completed
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