1 Bedroom Condo for sale at Patong Bay Residence 3

4.44 (3 Reviews)
Patong, Kathu,Phuket
Unit ID: U1139234
7% GUAR. RETURN FOR 15 YEARS
฿2,754,000
1 Bedroom
1 Bathroom
34 SqM Size
2 Floor
Dec 2024 Off Plan

About This Condo

This property is a 34 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Patong Bay Residence 3 project in Patong, Phuket and it is scheduled for completion in Dec 2024. You can buy this condo for a base price of ฿2,754,000 (฿81,000/SqM).

Features

BalconyBalcony TVTV

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 34 SqM
Price per SqM ฿81,000
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) City 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
Date Listed Aug 11, 2022
Last Updated 3 months ago
Unit ID U1139234

Investment Opportunity: Charges & Yield

Sale Price
฿2,754,000
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.
15
Guaranteed Rental Return
7%
Guarantee Duration
15 Years

Project Details

Project Name: Patong Bay Residence 3
Construction: Off Plan (Dec 2024)
Floors: 8
Buildings: 1
Units: 114
Project Area: 1,600 SqM
Nearest Landmark Patong Beach - 0.8 Km
Location: Kathu, Phuket
Patong Bay Residence 3 Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Patong Bay Residence 3

  • Communal Pool
    Rooftop

Available Units at Patong Bay Residence 3

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿210,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon infrastructure completion
20%
3rd Installment
Upon foundation completion
20%
4th Installment
upon building structure completion
10%
5th Installment
On handover
10%

Frequently Asked Questions

No pets are allowed at Patong Bay Residence 3 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Bay Residence 3 offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 15 Years.
Read more here.
Patong Beach is the nearest Beach from Patong Bay Residence 3 and it is 0.8 km away.
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 4.44
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent!!!
5 Liza R., United States, 1 year ago
I just reserved a room for this project last month at a low price as it's an off-plan project with convincing promotions provided. There is a guarantee of 7% for 15 years as well. More importantly, I do not have to pay for the fund, water, and maintenance fees. Excellent!!! The project has all the facilities. My favorite spot is the rooftop pool, opening to a full view of Patong Beach. The room I reserved is a 1 bedroom unit, comes in a decent size, and not crowded. It is decorated with attractive modern furniture. It takes less than 2 kilometers from Patong Beach.
This condo is suitable for both investment and relaxation !!
4.3 Dave Peper, France, 2 years ago
I've been reading through investments for this project and went to see the affiliate project here. I think it is an okay project and the best location. It is just about 1 kilometer from the beachfront of Patong Beach, which you can walk or take a shuttle bus from the project. In addition, this neighborhood has many restaurants, and most of them are western restaurants. It is convenient for foreigners. There is also available in the hotel part as well with helpful and friendly staff who always help. The surrounding area is clean and safe. I think many investors will book this project, and it will be completed in about 2 years !! This condo is suitable for both investment and relaxation !!
New projects, good locations, worth investing in
4 Ellie Rooker, United States, 2 years ago
It is a new interesting project and worth investing in because the location is good, situated near Patong Beach. I am interested in this project and have already reserved a room for 1 unit to receive future rental returns. In addition, I was able to stay free for up to 4 weeks a year without having to pay extra. I think it would be okay and not waste investing and also get returns.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patong Bay Residence 3

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
The Unity Patong
Location
Patong, Kathu, Phuket
Number of units
66
Sales Prices
฿4.16M - ฿13.1M
▲ 1.4% overpriced
Monthly Rentals
฿25.2K - ฿63.4K
Year Built
Jan 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
178
Sales Prices
฿2.52M - ฿6.95M
▼ -5.8% underpriced
Monthly Rentals
฿17.1K - ฿68.5K
Year Built
May 2015
Completion Status
Completed
Project Name
Patong Loft
Location
Patong, Kathu, Phuket
Number of units
82
Sales Prices
฿2.11M - ฿5.54M
▼ -14.7% underpriced
Monthly Rentals
฿22.2K - ฿40.3K
Year Built
Dec 2006
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
96
Sales Prices
฿2.62M - ฿10.3M
▼ -14% underpriced
Monthly Rentals
฿24.2K - ฿45.4K
Year Built
May 2014
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
454
Sales Prices
฿2.81M - ฿5.54M
▼ -33.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Project Name
Andaman Hills
Location
Patong, Kathu, Phuket
Number of units
24
Sales Prices
฿18.6M
Monthly Rentals
N/A
Year Built
Dec 1993
Completion Status
Completed
Project Name
The Deck
Location
Patong, Kathu, Phuket
Number of units
270
Sales Prices
฿4.02M - ฿15.1M
▲ 27% overpriced
Monthly Rentals
฿18.1K - ฿101K
Year Built
Aug 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
126
Sales Prices
฿2.92M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Mar 2010
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
140
Sales Prices
฿8.03M - ฿48.3M
Monthly Rentals
N/A
Year Built
Dec 1995
Completion Status
Completed
Project Name
BYD Lofts
Location
Patong, Kathu, Phuket
Number of units
20
Sales Prices
฿8.86M
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
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