1 Bedroom Condo for sale at The Regent Kamala Condominium

(2 Reviews)
Kamala, Kathu,Phuket
Unit ID: U165168
8% Rental Yield
Tenant-Occupied until May 1, 2024
1 Bedroom
1 Bathroom
62 SqM Size
2 Floor
Dec 2011 Completed

About This Condo

This property is a 62 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Regent Kamala Condominium project in Kamala, Phuket and was completed in Dec 2011. You can buy this condo for a base price of ฿4,300,000 (฿69,355/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

This property presents a truly unique opportunity for potential buyers looking for an outstanding living experience. Nestled in within The Regent Kamala Condominium project in Kamala, Phuket, this delightful one-bedroom condominium offers 62 sqm of luxurious living space. This property offers an incredible opportunity to purchase an immaculately presented and stylishly designed condo that is sure to exceed all expectations. Centrally located yet privately situated, this condo delightfully encompasses both convenience and tranquillity. Inside, the living space is wonderfully designed and well-proportioned, allowing for ample natural light to fill the gorgeous living area. The well-ventilated and sun-kissed environment creates an inviting and invitingly peaceful ambiance, while the expansive windows provide beautiful views of the lush greenery of the surroundings. Complemented with comfortable wooden flooring, the condo exudes a bright and airy atmosphere. The elegantly appointed one-bedroom is adorned with modern amenities and furnishing for a truly relaxing night's sleep. It also features a luxurious bathroom, ensuring the utmost of comfort. For added convenience, the condo is fitted with a fully operational kitchen, providing home owners with all the essential amenities necessary for preparing an exquisite meal. Additionally, the condo also boasts an impressive range of exclusive amenities in order to fulfill one's every whim and desire. Heralding an immaculately modernized and ultimately attractive ambiance, this charming condo is also perfect for those looking to move residential or as an investment opportunity. With a convenient location and set within close proximity to all the necessary amenities, this condo is simply perfect for those seeking the idyllic well-balanced lifestyle. With incredible construction and a modern flare, this astounding condo offers a truly extraordinary living experience.

Features

Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 20, 2023
Updated 1 month ago
Property Type Condo
Floor 2
Bedroom 1
Size 62 SqM
Price per SqM ฿69,355
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) Mountain View, Garden View
Unit Type N/A
Building Building N
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.
฿2,480/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U165168

Price Analysis

Great Price
Estimated market value ฿7,875,047
Great
฿5,280,000
Good
Fair
Above
฿10,600,000
Current asking Price: ฿4,300,000 | Advertised rental rate: ฿30,000/mo
This condo is ฿3,575,047 BELOW MARKET (-45%) 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

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.
฿2,480/mo
Rent
฿30,000/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.
12
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.
8%

Project Details

Developer: G-1 Land Co., Ltd.
Construction: Completed (Dec 2011)
Floors: 5
Buildings: 2
Units: 44
Project Area: 2,400 SqM
Nearest Landmark Kamala Beach - 2 Km
Location: Kamala, Phuket
The Regent Kamala Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Kids Pool Kids Pool
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at The Regent Kamala Condominium

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
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Available Units at The Regent Kamala Condominium

For Sale 4 For Rent 10
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Frequently Asked Questions

No pets are allowed at The Regent Kamala Condominium 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 ฿40 per square meter based on the size of indoor area of the property and is ฿2,480 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 The Regent Kamala Condominium the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Kamala Beach is the nearest Beach from The Regent Kamala Condominium and it is 2 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 The Regent Kamala Condominium you have to follow these steps:

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

 


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
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FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
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Price Rating : Fair Price

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Reviews

3.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Convienient location and good price
Verified Former Resident, 3 years ago
I rented in North tower for two years. Ground floor, 1 bedroom unit. The units overall are good quality for the money. Full proper kitchens with large bathrooms. Maitenance of the outdoor areas is poor. Needs a paint job.
Nice atmosphere, relaxing vacation place
Elvera Heitkamp, Mexico, 4 years ago
I visited Phuket with my wife and rented this condo for a month. It's a 1 bedroom and 1 bathroom comes fully furnished. We can experience the pool view from the balcony. It's breezy and comfortable. The condo was very quiet and cozy. I think it suits for a vacation place because mountains surround the condo. The environment in the morning is so good. The on-site offers a wide range of facilities such as a communal pool, leisure garden, a lobby, and a great security system. Also, the location is close to tourist attractions, easily accessible near Patong. The vacation trip made my day. I'm sure to stay here when I have a chance to visit Phuket.
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

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