1 Bedroom Apartment for sale at Kata Ocean View

(2 Reviews)
Karon, Phuket Town,Phuket
Unit ID: U19557
9% Rental Yield
1 Bedroom
1 Bathroom
34.33 SqM Size
4 Floor
Sep 2015 Completed

About This Apartment

This property is a 34.33 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Kata Ocean View project in Karon, Phuket and was completed in Sep 2015. You can buy this apartment for a base price of ฿3,400,000 (฿99,039/SqM).

Basic Information

Date Listed Nov 4, 2016
Updated 3 years ago
Property Type Apartment
Floor 4
Bedroom 1
Size 34.33 SqM
Price per SqM ฿99,039
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%.

Leasehold
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
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.
฿2,060/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U19557

Price Analysis

Great Price
Estimated market value ฿3,791,934
Great
฿2,960,000
Good
Fair
Above
฿5,320,000
Current asking Price: ฿3,400,000 | Rental estimate: ฿24,900/mo
This apartment is ฿391,934 BELOW MARKET (-10%) 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

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.
฿2,060/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.
11
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
9%

Project Details

Project Name: Kata Ocean View
Developer: Patong Bay Group
Construction: Completed (Sep 2015)
Floors: 7
Buildings: 7
Units: 153
Project Area: 11,200 SqM
Nearest Landmark Kata Beach - 1.5 Km
Location: Karon, Phuket
Kata Ocean View Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Shuttle Bus Shuttle Bus

Popular Facilities at Kata Ocean View

  • Communal Pool
    Rooftop
  • On Site Restaurant
    2nd Floor
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Available Units at Kata Ocean View

For Sale 36 For Rent 12
Updated 1 month ago
Available Units at Kata Ocean View
฿2,000,000฿3,500,000
฿58,824/SqM
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Mountain View
Updated 1 day ago
Available Units at Kata Ocean View
฿7,200,000
฿79,121/SqM
Beds 1 Beds
Baths 1 Baths
Size 91 SqM Size
Floor 1 Floor
Fully Furnished Sea View
Updated 1 month ago
Available Units at Kata Ocean View
฿2,900,000฿4,000,000
฿76,316/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿6,600,000
฿79,518/SqM
Beds 2 Beds
Baths 2 Baths
Size 83 SqM Size
Floor 1 Floor
Company Fully Furnished Sea View
Updated 1 month ago
Available Units at Kata Ocean View
฿6,700,000
฿88,158/SqM
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Sea View
Updated 1 week ago
Available Units at Kata Ocean View
฿7,500,000
฿88,235/SqM
Beds 2 Beds
Baths 2 Baths
Size 85 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Updated 3 weeks ago
Available Units at Kata Ocean View
฿2,995,000
฿74,875/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at Kata Ocean View
฿4,200,000
฿80,769/SqM
Beds 1 Beds
Baths 1 Baths
Size 52 SqM Size
Floor 2 Floor
Leasehold Fully Furnished Mountain View
Available Units at Kata Ocean View
฿3,300,000
฿73,333/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Kata Ocean View
฿2,700,000
฿75,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 2 Floor
Fully Furnished Mountain View
Available Units at Kata Ocean View
฿3,990,000
฿90,682/SqM
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Kata Ocean View
฿4,325,000฿7,000,000
฿90,104/SqM
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Partial Sea View
Available Units at Kata Ocean View
฿3,700,000
฿84,091/SqM
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 2 Floor
Fully Furnished Mountain View
Available Units at Kata Ocean View
฿3,250,000฿4,199,000
฿79,872/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.69 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Kata Ocean View
฿3,150,000
฿82,895/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Kata Ocean View
฿6,800,000
฿97,143/SqM
Beds 2 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 2 Floor
Fully Furnished Sea View
Updated 2 months ago
Available Units at Kata Ocean View
฿6,900,000฿7,600,000
฿95,833/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 72 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿3,500,000
฿102,941/SqM
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Kata Ocean View
฿6,900,000฿7,500,000
฿79,310/SqM
Beds 2 Beds
Baths 2 Baths
Size 87 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿6,247,500
฿90,543/SqM
Beds 2 Beds
Baths 2 Baths
Size 69 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿4,200,000
฿97,674/SqM
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Sea View
Available Units at Kata Ocean View
฿7,300,000
฿104,286/SqM
Beds 2 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Sea View
Available Units at Kata Ocean View
฿7,500,000
฿83,333/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Sea View
Available Units at Kata Ocean View
฿37,000,000
฿41,111/SqM
Beds 6 Beds
Baths 7 Baths
Size 900 SqM Size
Floor Ground Floor Floor
Company Fully Furnished Sea View
Available Units at Kata Ocean View
฿4,200,000฿4,900,000
฿84,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿4,400,000
฿104,762/SqM
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 6 Floor
Leasehold Fully Furnished Mountain View
Available Units at Kata Ocean View
฿4,750,000฿5,900,000
฿110,465/SqM
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿6,500,000฿7,300,000
฿99,237/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 65.50 SqM Size
Floor 1 Floor
Thai Quota Unfurnished Sea View
Available Units at Kata Ocean View
฿6,500,000
฿86,667/SqM
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Sea View
Available Units at Kata Ocean View
฿5,300,000
฿117,778/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Foreign Quota Fully Furnished Sea View
Get notified when new homes are being added to Kata Ocean View
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Frequently Asked Questions

No pets are allowed at Kata Ocean View 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 ฿60 per square meter based on the size of indoor area of the property and is ฿2,060 for this apartment. 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 Kata Ocean View the required payment for the sinking fund is ฿60 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Kata Ocean View and it is 1.5 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 Kata Ocean View 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
฿300,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%

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 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Amazing sea view
Verified Visitor, 3 years ago
Even the project is not located within walking distance to the beach it is very nice, the location is peaceful and inside the project itself it has a very nice vegetarian restaurant with amazing views ower Kata bay, the spa facilities also very nice providing a very relaxing atmosphere.
Condo for investment
Jean Lim, Singapore, 5 years ago
This condo is luxurious with a sea view of Kata Beach from the balcony, another beautiful beach in Phuket. It's a venue of restaurants and enjoys the nightlife and a street market. It's a lovely market for clothes, ingredients, and food. The project chose durable materials for the construction, and the room is decorated with brand-name furniture, which makes the room so inviting. The common area and the facilities are 4 swimming pools, a fully-equipped gym, a garden for a shady atmosphere, a shuttle bus, and more for the residents. For the service, the staff is friendly and helpful; they always help us when needs. The security system is excellent for 24 hours. Overall, this is one of the quality, luxurious projects. Shame that there are 1 and 2 bedrooms, unsuitable for a large family. If you are looking for accommodation for investment, this can be a perfect one. I would recommend it.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

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Dec 2009
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