1 Bedroom Condo for sale at Sea Heaven

(2 Reviews)
Sakhu, Thalang,Phuket
Unit ID: U403955
7% GUAR. RETURN FOR 5 YEARS
1 Bedroom
1 Bathroom
29 SqM Size
2 Floor
Feb 2023 Completed

About This Condo

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Sea Heaven project in Sakhu, Phuket and was completed in Feb 2023. You can buy this condo for a base price of ฿3,190,000 (฿110,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Feb 25, 2020
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 29 SqM
Price per SqM ฿110,000
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%.

Foreign Quota, Thai Quota, Leasehold, Company
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) 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.
฿1,740/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U403955

Price Analysis

Good Price
Estimated market value ฿3,353,045
Great
฿3,110,000
Good
Fair
Above
฿3,980,000
Current asking Price: ฿3,190,000
This condo is ฿163,045 BELOW MARKET (-5%) 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

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.
฿1,740/mo
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
5 Years

Project Details

Project Name: Sea Heaven
Construction: Completed (Feb 2023)
Floors: 8
Buildings: 2
Units: 499
Project Area: 96,000 SqM
Nearest Landmark Naithon Beach
Location: Sakhu, Phuket
Sea Heaven 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)
Indoor Kids Zone Indoor Kids Zone
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Sea Heaven

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • On Site Restaurant
    Rooftop
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Available Units at Sea Heaven

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
Foundation Completed
25%
3rd Installment
Structural process
25%
4th Installment
On handover
20%

Frequently Asked Questions

No pets are allowed at Sea Heaven 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 ฿1,740 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 Sea Heaven the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Sea Heaven offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Naithon Beach is the nearest Beach from Sea Heaven and it is 0 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 Sea Heaven 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
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
Foundation Completed
25%
3rd Installment
Structural process
25%
4th Installment
On handover
20%

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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This is a very luxurious project
Lauren R., United Kingdom, 3 years ago
This is a very luxurious project with a good atmosphere, pleasant to live in. It is suitable as a vacation condo for retirees like my father and mother, so I decided to buy 2 1-bedroom units for our parents and for me when I visit Phuket. I love the facilities in the project a lot, including a swimming pool, bar, fitness, yoga, and more. I can't remember everything. Moreover, the project is right next to Naithon beach. It is a quiet beach; the atmosphere is good, suitable for relaxation as well. I made no mistake in buying rooms here.
Right next to Naithon beach.
Gianna Miller, United Kingdom, 3 years ago
Right next to Naithon beach with a quiet atmosphere. The location is suitable for sunbathing and hunting for seafood. When I saw the project's design, it made me think of Japan because there are winter trees around the building. The rooftop swimming pool comes with stunning sea views. The on-site restaurant has the most romantic atmosphere, surrounded by ornamental plants. The room types are available from the studio, 1 bedroom, 2 bedrooms, and duplex. Each of them is elegantly decorated. I like the 1-bedroom size because it is sufficient. The furniture quality is also good. More importantly, the price is very affordable. It is considered an amazing project to buy.
Phuket
Sakhu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sea Heaven

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Year Built
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Project Name
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Location
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Location
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