1 Bedroom Condo for sale at Palmetto Park Condominium

(1 Review)
Karon, Phuket Town,Phuket
Unit ID: U1041648
1 Bedroom
1 Bathroom
30.61 SqM Size
5 Floor
Mar 2024 Completed

About This Condo

This property is a 30.61 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Palmetto Park Condominium project in Karon, Phuket and was completed in Mar 2024. You can buy this condo for a base price of ฿5,000,000 (฿163,345/SqM).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Nov 14, 2022
Updated 1 year ago
Property Type Condo
Floor 5
Bedroom 1
Size 30.61 SqM
Price per SqM ฿163,345
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%.

Leasehold
Furniture
Available for ฿220,000
View(s) Mountain View
Unit Type 1BR
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.
฿1,837/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1041648

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
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.
฿1,837/mo

Project Details

Developer: Art House Group
Construction: Completed (Mar 2024)
Floors: 7
Buildings: 1
Units: 77
Project Area: 1,120 SqM
Nearest Landmark Karon Beach - 0.8 Km
Location: Karon, Phuket
Palmetto Park Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at Palmetto Park Condominium

  • Communal Pool
    Rooftop
  • Library / Reading Room
    1st Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Palmetto Park Condominium

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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Reservation Deposit
฿150,000
2nd Installment
Upon contract signing
65%
3rd Installment
On handover
35%

Frequently Asked Questions

No pets are allowed at Palmetto Park 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 ฿60 per square meter based on the size of indoor area of the property and is ฿1,837 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 Palmetto Park Condominium the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Karon Beach is the nearest Beach from Palmetto Park Condominium 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.

 

Read more here

After you have found the right property at Palmetto Park Condominium 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
Reservation Deposit
฿150,000
2nd Installment
Upon contract signing
65%
3rd Installment
On handover
35%

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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is an interesting project.
Lisa W., United Kingdom, 2 years ago
It is an interesting project since it's close to Karon Beach, with only 10 minutes in walking distance. The surrounding area is serene, surrounded by lush green mountains, providing a pleasant atmosphere. Many restaurants and shops are nearby, as well as being close to Kata Beach and Patong Beach. Interestingly, there are only 70 units, ranging from 1 to 2 bedrooms. 1 bedroom units are variously offered, ideal for staying 1-2 people, designed in modern and tastefully decorated. The facilities include the lounge, garden area, swimming pool, gym, etc. The selling price is also affordable, giving the best-guaranteed returns, which is perfect for investment. Well, it's a new project in an excellent location.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palmetto Park Condominium

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Number of units
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Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Number of units
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Year Built
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Number of units
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Sales Prices
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Number of units
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Completion Status
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Location
Karon, Phuket Town, Phuket
Number of units
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Sales Prices
฿7.22M - ฿23.4M
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Monthly Rentals
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Location
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Number of units
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Monthly Rentals
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Project Name
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Location
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Number of units
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Sales Prices
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Location
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Number of units
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Year Built
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Completion Status
Made To Order
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