Sugar Palm Residence

4.67 (1 Review)

Talat Nuea, Phuket Town,Phuket

Unit ID: U399147
฿2,290,000 ฿2,490,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
46 SqM Size
Floors
9 Floor
Construction
Apr 2014 Completed

1 Bedroom Condo for sale at Sugar Palm Residence

This property is a 46 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Sugar Palm Residence project in Talat Nuea, Phuket and was completed in Apr 2014. You can buy this condo for a base price of ฿2,290,000 (฿49,783/SqM).

1 Bedroom 1 Bathroom Condo in Phuket Town

1 Bedroom 1 bathroom condo furnished with open kitchen concept. Located in the heart of Phuket Town, Sugar Palm Condominium is a great place to stay and live in with everything nearby and easy to access places within minutes walking. Look No Further!

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 46 SqM
Price per SqM ฿49,783
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
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, Lake View, Mountain View, Park View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,472/mo
Listed By
Private Owner
Date Listed Feb 19, 2020
Last Updated 3 weeks ago
Unit ID U399147

Price Analysis

Great Price
Estimated market value ฿3,550,000
Great
฿3,160,000
Good
Fair
Above
฿4,860,000
Current asking Price: ฿2,290,000 | Rental estimate: ฿0/mo
This condo is ฿1,260,000 BELOW MARKET (-35%) 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

Sale Price
฿2,290,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,472/mo

Project Details

Project Name: Sugar Palm Residence
Developer: N/A
Construction: Completed (Apr 2014)
Floors: 11
Buildings: N/A
Units: 270
Project Area: N/A
Nearest Landmark Central Festival Phuket -1.9 Km
Location: Talat Nuea, Phuket Town, Phuket
Sugar Palm Residence Project Details

Project Features

Hotel Managed Hotel Managed 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 Car Parking Car Parking Reception Lobby Area Reception Lobby Area

Available Units at Sugar Palm Residence

Get notified when new homes are being added to Sugar Palm Residence

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Frequently asked questions

The common area maintenance fee is ฿32 per square meter based on the size of indoor area of the property and is ฿1,472 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.
Central Festival Phuket is the nearest Shopping Mall from Sugar Palm Residence and it is 1.9 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 Sugar Palm Residence you have to follow these steps:

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

 


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

Previous Sales (Secondary Market) at Sugar Palm Residence

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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
One of the most worthwhile accommodations ever.
4.7 James Simon, United Kingdom, 2 years ago
I just checked out from the project yesterday, so I would like to review the place here. It is considered an excellent accommodation in terms of location. Conveniently located in the center of the city, food is easy to find, and pleasant atmosphere. Close to Phuket Chaloem Phrakiat Park for relaxation and famous department stores such as Central Floresta, Central Festival Phuket, and Chaofa Variety Market, and many others. The project’s common area and bedrooms are clean. The infinity pool is beautiful, and inviting to swim in. As for the room, I chose to stay in a 1-bedroom unit, the room size is large, not cramped, and fully furnished. Shame that the sofa is way too small and uncomfortable. Overall, it is suitable for the rental price. It is considered to be one of the most worthwhile accommodations ever.

Phuket

Talat Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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Phuket Condo / Apartment Market insight