1 Bedroom Condo for sale at Cassia Residence Phuket

(2 Reviews)
Choeng Thale, Thalang,Phuket
Unit ID: U1785056
5% Rental Yield
Tenant-Occupied until Jul 26, 2025
1 Bedroom
1 Bathroom
53 SqM Size
6 Floor
Nov 2019 Completed

About This Condo

This property is a 53 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Cassia Residence Phuket project in Choeng Thale, Phuket and was completed in Nov 2019. You can buy this condo for a base price of ฿9,950,000 (฿187,736/SqM).

Basic Information

Date Listed Apr 1, 2024
Updated 1 week ago
Property Type Condo
Floor 6
Bedroom 1
Size 53 SqM
Price per SqM ฿187,736
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
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) Lake View
Unit Type N/A
Building Building 1
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 U1785056

Investment Opportunity: Charges & Yield

Sale Price
฿9,950,000
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.
19
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 condos at Cassia Residence Phuket, and the current sales price.
5%

Project Details

Project Name: Cassia Residence Phuket
Developer: Banyan Tree Group
Construction: Completed (Nov 2019)
Floors: 7
Buildings: 2
Units: 193
Project Area: 8,800 SqM
Nearest Landmark Bang Tao Beach - 0.6 Km
Location: Choeng Thale, Phuket
Cassia Residence Phuket Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Cassia Residence Phuket

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at Cassia Residence Phuket

For Sale 5 For Rent 14
Get notified when new homes are being added to Cassia Residence Phuket
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Frequently Asked Questions

No pets are allowed at Cassia Residence Phuket 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 ฿14 per square meter based on the plot size of the property and is 0 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 Cassia Residence Phuket the required payment for the sinking fund is ฿250 per square meter based on the size of the plot size of the property.
Bang Tao Beach is the nearest Beach from Cassia Residence Phuket and it is 0.6 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 Cassia Residence Phuket you have to follow these steps:

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

 


Cash Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Deferred Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
90 days after contract signing
30%
3rd 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

4.4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
LOVE it! Super convenient, family friendly
Verified Current Resident, 1 month ago
As with all banyan tree properties, it comes with great services as a free shuttle bus to all Lagoona hotels. There is a foreign supermarket walking distance, a beach with sunbeds and a shower within walking distance, a 50-bath shuttle to the villa market, and a 100-bath shuttle to Patong and Floresta - centers of fun and tourist life. The planning and design is smart (we have 3 bedrooms). i had to make a slight renovation in 2023, but generally super happy with Cassia residence. You have security everywhere and personnel is friendly.
Wonderful condo with excellent service
Raquel Stake, Brazil, 4 years ago
It's one of the condominium projects from Banyan Tree, which makes me satisfied during the holiday. Every time I visit Phuket, I always realize hotels and villas in the Laguna Phuket. There are many various residences to choose from. At this time, I prefer the new condominium called "Cassia Residence Phuket." It is for both living and investing, and we can either rent or buy it. Its location is so beautiful, close to a large lake and Bangtao Beach. Residents can take the shuttle boat service in front of the condo as the boat will collect the guests every 20 minutes. It's very convenient to go to the beach. Also, there a private beach and sunbeds as well. In the Cassia Residence Phuket, there is an excellent service from the staff, including breakfast, lunch, and dinner. They are ready to serve the residents every time. In the evening, we can swim and experience the sunset. It is also very convenient to go to the outside because there is a shuttle bus to the shopping venues and nearby tourist attractions. It is 800 meters close to restaurants, bars, massage and spa shops,
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Cassia Residence Phuket

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
Project Name
Cassia Phuket
Location
Choeng Thale, Thalang, Phuket
Number of units
104
Sales Prices
฿6.36K - ฿14M
▲ 9% overpriced
Monthly Rentals
฿88.1K - ฿106K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Laguna Park
Location
Choeng Thale, Thalang, Phuket
Number of units
256
Sales Prices
฿12.7M - ฿29M
▼ -3% underpriced
Monthly Rentals
฿60.1K - ฿250K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Laguna Cove
Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
฿56.1M
Monthly Rentals
฿351K
Year Built
May 2005
Completion Status
Completed
Project Name
Laguna Lakeside
Location
Choeng Thale, Thalang, Phuket
Number of units
114
Sales Prices
฿6.78M - ฿19.3M
Monthly Rentals
N/A
Year Built
Jun 2024
Completion Status
Off Plan
Project Name
Ocean Stone
Location
Choeng Thale, Thalang, Phuket
Number of units
84
Sales Prices
฿7.81M - ฿12.5M
▲ 22% overpriced
Monthly Rentals
฿40.1K - ฿60.1K
Year Built
Aug 2017
Completion Status
Completed
Project Name
Sky Park
Location
Choeng Thale, Thalang, Phuket
Number of units
400
Sales Prices
฿4.88M - ฿14.2M
▲ 17.2% overpriced
Monthly Rentals
฿32K - ฿80.1K
Year Built
Jan 2025
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
26
Sales Prices
฿57.8M
Monthly Rentals
N/A
Year Built
Jul 2008
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
149
Sales Prices
฿49.1M - ฿75.1M
▲ 8.9% overpriced
Monthly Rentals
฿751K
Year Built
Nov 2021
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
140
Sales Prices
฿4.51M - ฿16.6M
▼ -5% underpriced
Monthly Rentals
฿20K - ฿80.1K
Year Built
Mar 2015
Completion Status
Completed
Project Name
Laguna Seaside
Location
Choeng Thale, Thalang, Phuket
Number of units
50
Sales Prices
฿25.9M - ฿37.9M
Monthly Rentals
N/A
Year Built
Dec 2026
Completion Status
Off Plan
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