1 Bedroom Condo for sale at Patong Bay Hill 2

(1 Review)
Patong, Kathu,Phuket
Unit ID: U77571
7% GUAR. RETURN FOR 15 YEARS
1 Bedroom
1 Bathroom
45 SqM Size
2 Floor
Dec 2024 Off Plan

About This Condo

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Patong Bay Hill 2 project in Patong, Phuket and it is scheduled for completion in Dec 2024. You can buy this condo for a base price of ฿4,095,000 (฿91,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 19, 2018
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 45 SqM
Price per SqM ฿91,000
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
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 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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U77571

Price Analysis

Great Price
Estimated market value ฿4,575,342
Great
฿4,530,000
Good
Fair
Above
฿4,890,000
Current asking Price: ฿4,095,000
This condo is ฿480,342 BELOW MARKET (-10%) 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

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.
15
Guaranteed Rental Return
7%
Guarantee Duration
15 Years

Project Details

Project Name: Patong Bay Hill 2
Construction: Off Plan (Dec 2024)
Floors: 8
Buildings: 4
Units: 199
Project Area: 92,800 SqM
Nearest Landmark Patong Beach - 1.5 Km
Location: Patong, Phuket
Patong Bay Hill 2 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Patong Bay Hill 2

  • Communal Pool
    Rooftop
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Payment Plan

Patong Bay Hill 2
Installment Milestone Payment
Reservation Deposit
200,000%
1st Installment
Upon reservation agreement signing
40%
2nd Installment
completion of infrastructure
20%
3rd Installment
foundation completion
20%
4th Installment
structure completion
10%
5th Installment
upon keys handover
10%

Frequently Asked Questions

No pets are allowed at Patong Bay Hill 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Beach is the nearest Beach from Patong Bay Hill 2 and it is 1.5 km away.
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Price Rating : Great Price
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FazWaz Estimate : ฿179,999
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Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Interesting for investment project, still under construction at the peaceful area in Patong
Dianne Gadson, United States, 4 years ago
It is one of the credible projects for investment as the developer owns both the property and the hotels. It also can guarantee the profit of the long-term investment. Plus, the condo is situated in a famous tourist destination of Phuket, an important selling point. You can be away from the bustle, yet able to reach the beach and Soi Bangla in 5 minutes. The location offers a sense of tranquility from the top of the hill, yet still gives convenience for living. So far, The project is currently under construction. It is a low-rise condominium of 4 buildings. The 1-bedroom unit at 45 sq.m, is a perfect size, not too small and not too large, with a kitchen corner, dining table set, and bedroom. The room provides a mountain view and sea view. The common areas are fully equipped, including a swimming pool, gym, and relaxation area. If you are looking for an affordable place with a good location for investment, this can be the answer I would like to recommend.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patong Bay Hill 2

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
Patong Bay Hill
Location
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Number of units
449
Sales Prices
฿4.15M - ฿6.8M
▲ 16% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Location
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Number of units
8
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฿18.5M - ฿22.5M
Monthly Rentals
N/A
Year Built
May 2005
Completion Status
Completed
Project Name
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Location
Patong, Kathu, Phuket
Number of units
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฿4.9M
Monthly Rentals
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Completed
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฿12M
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N/A
Year Built
May 2002
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Completed
Location
Patong, Kathu, Phuket
Number of units
200
Sales Prices
฿5.2M
▼ -5.4% underpriced
Monthly Rentals
N/A
Year Built
Nov 2022
Completion Status
Completed
Project Name
Baan Kaseamsarp 2
Location
Patong, Kathu, Phuket
Number of units
45
Sales Prices
฿7.3M
▲ 15% overpriced
Monthly Rentals
฿35K
Year Built
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Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
40
Sales Prices
฿15M - ฿16M
Monthly Rentals
฿50K
Year Built
Jun 2008
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
16
Sales Prices
฿4.8M - ฿16M
▼ -39% underpriced
Monthly Rentals
฿25K - ฿70K
Year Built
Oct 2002
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
฿2.6M
Monthly Rentals
N/A
Year Built
Sep 2012
Completion Status
Completed
Project Name
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Location
Patong, Kathu, Phuket
Number of units
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Sales Prices
฿20.5M - ฿23.5M
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Monthly Rentals
N/A
Year Built
Jul 2015
Completion Status
Completed
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