1 Bedroom Condo for sale at Sugar Palm Residence

(1 Review)

Talat Nuea, Phuket Town,Phuket

Unit ID: U669158

9% Rental Yield

1 Bedroom

1 Bathroom

38.80 SqM Size

11 Floor

Apr 2014 Completed

(1 Review)

Sale Price

Sold

Good Price

About This Condo

This property is a 38.80 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 ฿2,415,000 (฿62,242/SqM).

Features

Balcony

Microwave

Basic Information

Date Listed Mar 8, 2021

Updated 3 years ago

Property Type Condo

Floor 11

Bedroom 1

Size 38.80 SqM

Price per SqM ฿62,242

Pets Not Allowed

Condo Ownership

Thai Quota

Furniture

Unfurnished

View(s) City View

Unit Type N/A

Building N/A

CAM Fee

฿1,242/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U669158

Price Analysis

Good Price

Estimated market value ฿2,562,063

Great

Good

Fair

Above

Current asking Price: ฿2,415,000 | Rental estimate: ฿17,300/mo

This condo is ฿147,063 BELOW MARKET (-6%) 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.

Investment Opportunity: Charges & Yield

CAM Fee

฿1,242/mo

Price-to-Rent Ratio

Rental Yield

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

Sugar Palm Residence Project Details

Project Features

Hotel Managed

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Car Parking

Reception / Lobby Area

YOU MISSED THAT DEAL!

This condo was reserved by another buyer but check out these similar properties

Available Units at Sugar Palm Residence

For Sale 5 For Rent 6

All
1 Bed
2 Beds

Foreign Quota Fully Furnished River or Canal View

Foreign Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished Mountain View

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

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Frequently Asked Questions

No pets are allowed at Sugar Palm Residence 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 ฿32 per square meter based on the size of indoor area of the property and is ฿1,242 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.

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Reviews

4.7 out of 5

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.

James Simon, United Kingdom, 5 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