1 Bedroom Apartment for sale at Palmetto Condo

 (Write Review)
Karon, Phuket Town,Phuket
Unit ID: U6401682
8% Rental Yield
Tenant-Occupied until Dec 31, 2026
1 Bedroom
1 Bathroom
43 SqM Size
2 Floor
Jun 2020 Completed

About This Apartment

This property is a 43 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Palmetto Condo project in Karon, Phuket and was completed in Jun 2020. You can buy this apartment for a base price of ฿4,200,000 (฿97,674/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 10, 2026
Updated 1 month ago
Property Type Apartment
Floor 2
Bedroom 1
Size 43 SqM
Price per SqM ฿97,674
Pets Not Allowed
Apartment 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%.

Foreign 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) Garden View
Unit Type N/A
Building Palmetto Condo
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.
฿2,580/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U6401682

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
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.
฿2,580/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.
13
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 1 bedroom apartments at Palmetto Condo, and the current sales price.
8%

Project Details

Project Name: Palmetto Condo
Developer: Art House Group
Construction: Completed (Jun 2020)
Floors: 6
Buildings: 1
Units: 30
Project Area: 2,160 SqM
Nearest Landmark: Karon Beach - 0.8 Km
Location: Karon, Phuket
Palmetto Condo Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Palmetto Condo

  • Communal Pool
    Rooftop
  • Communal Gym
    1st Floor

Available Units at Palmetto Condo

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Developer Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
On handover
65%

Frequently Asked Questions

No pets are allowed at Palmetto Condo 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 ฿2,580 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 Palmetto Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Karon Beach is the nearest Beach from Palmetto Condo and it is 0.8 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.

After you have found the right property at Palmetto Condo 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
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
On handover
65%

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.

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palmetto Condo

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
Karon, Phuket Town, Phuket
Number of units
77
Sales Prices
฿4.2M - ฿6.5M
▼ -1% underpriced
Monthly Rentals
฿22K
Year Built
Dec 2024
Completion Status
Completed
Project Name
Utopia Karon
Location
Karon, Phuket Town, Phuket
Number of units
238
Sales Prices
฿2.86M - ฿5.87M
▲ 7.3% overpriced
Monthly Rentals
฿20K
Year Built
Oct 2024
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
61
Sales Prices
฿3.2M - ฿13.7M
▲ 5.3% overpriced
Monthly Rentals
฿40K - ฿75K
Year Built
Jun 2013
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
156
Sales Prices
฿2.6M - ฿3M
Monthly Rentals
฿90K
Year Built
Jul 2013
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
98
Sales Prices
฿5.2M - ฿24M
▼ -13% underpriced
Monthly Rentals
฿45K
Year Built
Jul 2014
Completion Status
Completed
Project Name
Karon Butterfly
Location
Karon, Phuket Town, Phuket
Number of units
166
Sales Prices
฿3.5M - ฿14.9M
▼ -11% underpriced
Monthly Rentals
฿27K - ฿90K
Year Built
Dec 2015
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
50
Sales Prices
฿7.65M - ฿20.6M
▲ 2% overpriced
Monthly Rentals
฿45K - ฿85K
Year Built
May 2009
Completion Status
Completed
Project Name
Sea And Sky
Location
Karon, Phuket Town, Phuket
Number of units
53
Sales Prices
฿3.8M - ฿8M
▼ -6% underpriced
Monthly Rentals
฿22K - ฿25K
Year Built
Mar 2015
Completion Status
Completed
Project Name
VIP Venus Karon
Location
Karon, Phuket Town, Phuket
Number of units
214
Sales Prices
฿2.7M - ฿5.08M
Monthly Rentals
N/A
Year Built
Oct 2026
Completion Status
Off Plan
Location
Karon, Phuket Town, Phuket
Number of units
499
Sales Prices
฿7.38M - ฿47.7M
Monthly Rentals
N/A
Year Built
Mar 2028
Completion Status
Off Plan
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