Mai Khao Beach Condotel

3.5 (1 Review)

Mai Khao, Thalang,Phuket

Unit ID: U392517
10% GUARANTEED RETURN FOR 5 YEARS
฿2,890,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
36 SqM Size
Floors
4 Floor
Construction
May 2019 Completed

1 Bedroom Condo for sale at Mai Khao Beach Condotel

This property is a 36 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Mai Khao Beach Condotel project in Mai Khao, Phuket and was completed in May 2019. You can buy this condo for a base price of ฿2,890,000 (฿80,278/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 4
Size 36 SqM
Price per SqM ฿80,278
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%.

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) Pool View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,440/mo
Listed By
Private Owner
Date Listed Feb 13, 2020
Last Updated 5 months ago
Unit ID U392517

Project Details

Project Name: Mai Khao Beach Condotel
Construction: Completed (May 2019)
Floors: 8
Buildings: N/A
Units: 342
Project Area: N/A
Mai Khao Beach: 0.45 Km
Location: Mai Khao, Thalang, Phuket
Mai Khao Beach Condotel Project Details

Project Features

Hotel Managed On Site Restaurant Communal Pool Communal Gym Bar 24H Security CCTV (Video Surveillance) Indoor Kids Zone Car Parking Reception Lobby Area

Available Resale Units

  • All
  • 1 Bed
  • 2 Beds
  • Common Area Maintenance Fee
    These fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿40/SqM
  • Sinking Fund
    For a new condominium project, 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 ultimately, its value in the future.
    ฿600/SqM
  • Freehold Premium
    Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
    ฿380,000

Frequently asked questions

The common area maintenance fee at Mai Khao Beach Condotel is ฿40 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Mai Khao Beach Condotel the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Mai Khao Beach Condotel offers a guaranteed rental return of 10% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Mai Khao Beach is the nearest Beach from Mai Khao Beach Condotel and it is 0.45 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 Mai Khao Beach Condotel 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

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Reviews

Write a review
Maintenance
4
Staff / Security
4
Facilities on Site
4
Quality of Finishing
4
Value for Money
3
Location
2
It worth the investment and such an impressive vacation condo.
3.5 Jennie Pinkley, Brazil, 9 months ago
Quiet condo, located in the deep alley, but it's quite crowded during the festivals. There is a clean pool, good parking, free shuttle bus service to the beach. It takes about 7-10 minutes to the beach. Anyway, there is only one supermarket in the neighborhood. I think it is a good choice to relax. The room includes a kitchenette. You can buy fresh products from the market and cook it by yourself. The seafood is very fresh and clean. I love it! It is about 15 minutes from the airport. I find it worth the investment and such an impressive vacation condo.

Phuket

Mai Khao

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