1 Bedroom Condo for sale at Phuket Palace

(7 Reviews)

Patong, Kathu,Phuket

Unit ID: U1040962

11% Rental Yield

1 Bedroom

1 Bathroom

50 SqM Size

6 Floor

Nov 1992 Completed

(7 Reviews)

Sale Price

฿3,950,000

Street View

About This Condo

This property is a 50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Phuket Palace project in Patong, Phuket and was completed in Nov 1992. You can buy this condo for a base price of ฿3,950,000 (฿79,000/SqM).

HIGH ROI Big 1Bedroom for sale in Patong

This 50SQM 1 bedroom was fully renovated in 2018, with all custom made build-in furnitures, raise ceiling feature with LED strip lights, soft and firm king size mattress, large L-shape leather sofa, 65 inches smart TV, hot and cold front loader washing machine, fully equipped European Kitchen with large refrigerator. Open plan layout make it comfortable for tenant long-term stay, minimalistic design make the unit look nice neat and clean which wow short term holiday maker. Open view from the balcony you can see Patong Beach. Helpful and friendly management team and in-house technician make it easy to be a hands off landlord. For long term lease the monthly rental rate is 30,000THB which gives you 360,000THB per year, less common area fee and land tax, the reture of investment is 8% net per annum.

Large swimming pool which was renovated Feb 2026, the gym has been renovated in 2024.

Convenience Stores, laundry and dry clean, massage, restaurant, coffee shop, banks, night markets, beach all in walking distance.

10 minutes walk to Patong Beach

10mins drive to Karon Beach

5 mins drive to Jungceylon Shopping mall (supermarket, restaurant, banks, massage, cinema and more)

Features

Garden Access

Covered Parking

Outdoor Showers

Fully Renovated (2018)

Basic Information

Date Listed Nov 9, 2021

Updated 1 month ago

Property Type Condo

Floor 6

Bedroom 1

Size 50 SqM

Price per SqM ฿79,000

Pets Not Allowed

Condo Ownership

Company

Furniture

Fully Furnished

View(s) Mountain View, City View

Unit Type N/A

Building Phuket Palace

CAM Fee

฿3,150/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1040962

Investment Opportunity: Charges & Yield

Sale Price

฿3,950,000

CAM Fee

฿3,150/mo

Price-to-Rent Ratio

Rental Yield

11%

Project Details

Project Name: Phuket Palace

Developer: Phuket Palace

Construction: Completed (Nov 1992)

Floors: 15

Buildings: 1

Units: 168

Project Area: 6,680 SqM

Nearest Landmark: Patong Beach - 0.8 Km

Location: Patong, Phuket

Phuket Palace Project Details

Project Features

Hotel Managed

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Cigar Lounge

Communal Garden Area

Key card access

Popular Facilities at Phuket Palace

Communal Garden Area

Ground Floor
Communal Pool

Ground Floor
Communal Gym

Ground Floor

Available Units at Phuket Palace

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Frequently Asked Questions

No pets are allowed at Phuket Palace 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 Phuket Palace 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.

After you have found the right property at Phuket Palace you have to follow these steps:

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

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.

Reviews

4 out of 5

Based on

7 Reviews

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

Good value for money

Dee, Visitor, 9 months ago

This condominium is well maintained and safe. It’s 5 min from night market and 10 min to the beach, also have plenty restaurants and bars around.

Convenient location near Patong Beach

Kimberly Caughey, United Kingdom, 7 years ago

I've stayed here for a month and rented a studio room. The room is provided with many facilities. There is a large outdoor area in the center of the condo with various sunbeds on the ground floor, where I can do sunbathing. It's super convenient. Although the condo looks old, the lobby hall still looks good, and the rental price is acceptable. The location is considered potential, close to Patong Beach, and easily accessible. Moreover, it is close to many restaurants, bars, and entertainment venues. It is very convenient to go everywhere, and it is the best condo for those who want an acceptable priced condo.

I made the right choice of buying here

Brad P., Australia, 7 years ago

I made the right choice of buying here. My room is spacious with beautiful decoration, and it also comes with full furniture. In the project, there is a very large swimming pool. It’s located in the prime area, near Patong beach. There are restaurants, a department store, and pubs nearby. For those who want to buy for the investment, it is another interesting option.

Condo in the Patong area

Fabio Scally, Italy, 8 years ago

The building is a bit run down, but the room is spacious with a full furniture set. The room price is reasonable compared to other condos in the Patong area. There is a large swimming pool in the common area as well. The condo is located in Patong near restaurants and not far from Jungceylon Shopping Mall. It's also close to Bangla Road (Phuket's famous nightlife).

Old condo near Patong Beach

Felicia Puckett, France, 8 years ago

Many foreigners are living here, and there are many western restaurants around here. So I think this project provides a complete range of facilities than other areas in Phuket. The outdoor area has a large swimming pool, and gardens around the pond, while the rooms are well designed in proportion. It is not too small and has a spacious balcony. However, it is a relatively old condo. It is still strong and always gets maintenance. Moreover, it is about 2 kilometers away from Patong Beach !!

Condo in Patong area surrounded by convenience places

Ashli Lucio, Italy, 8 years ago

The condo here comprises a large swimming pool in the middle of the condo, surrounded by a beautiful view. Moreover, the condominium itself has an elegant design, looks unique. It also has a large garden where I often go to sit and relax in the afternoons. There is also an on-site parking lot, security system, and 24 hours CCTV. However, the condo is located in Patong's center and close to Karon Beach, which can travel by motorbike. There are also many restaurants around, and if you are bored, you can hang out at Bangla Road. Everything is recommended here.

Calm and cozy

Genevive Gachet, France, 9 years ago

I'm french, moving here with my dad when I was only 22 years old. I thought I was ready to live in Phuket. My father has many businesses in Patong, and I have visited Phuket many times. After graduating and I took a gap year to visit many places. And I am still very impressed with Phuket. I chose a condo here because it is quiet and private, like I am staying in a resort. Nearly 90% of the residents are foreigners. My room is on the 14th floor, which is high so that I can enjoy the sea view from my room. The place is beautifully decorated with a fully-furnished kitchen, dining table set, and a comfortable bed. The room is in the perfect size for a bachelor like me living alone. The condo's free Wi-Fi is fast, and the common area is complete with large swimming pools, a fitness center, plenty of parking. And I like the security guards very much; they are very friendly.

Phuket

Patong