1 Bedroom Condo for sale at Supalai Park at Downtown Phuket

(1 Review)
Talat Yai, Phuket Town,Phuket
Unit ID: U165250
6% Rental Yield
1 Bedroom
1 Bathroom
47 SqM Size
2 Floor
Jun 2012 Completed

About This Condo

This property is a 47 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Supalai Park at Downtown Phuket project in Talat Yai, Phuket and was completed in Jun 2012. You can buy this condo for a base price of ฿2,900,000 (฿61,702/SqM).

Features

TerraceTerrace

Basic Information

Date Listed Apr 29, 2019
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 47 SqM
Price per SqM ฿61,702
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
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) Park View, City View
Unit Type N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U165250

Price Analysis

Great Price
Estimated market value ฿3,933,349
Great
฿2,220,000
Good
Fair
Above
฿5,460,000
Current asking Price: ฿2,900,000 | Rental estimate: ฿14,200/mo
This condo is ฿1,033,349 BELOW MARKET (-26%) 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

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.
17
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Supalai Park at Downtown Phuket, and the current sales price.
6%

Project Details

Construction: Completed (Jun 2012)
Floors: 15
Buildings: N/A
Units: 518
Project Area: N/A
Nearest Landmark Thanon Talang - 0.5 Km
Location: Talat Yai, Phuket
Supalai Park at Downtown Phuket Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Close
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Frequently Asked Questions

No pets are allowed at Supalai Park at Downtown Phuket unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Thanon Talang is the nearest Tourist Attraction from Supalai Park at Downtown Phuket and it is 0.5 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 Supalai Park at Downtown Phuket 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

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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location, surrounded by hip places
Haisley Jones, Australia, 4 years ago
The condo location is in the heart of the city. It's only a few minutes walk to Limelight Avenue Phuket, which has great restaurants, shops, and bars. In addition, Phuket Old Town is only a few miles away and can be reached on foot. It appeals to me because there are various excellent coffee shops. The project here is pleasant to live in and has a relaxing environment. The mountain view is also accessible from the room's balcony, very comfortable. There is a swimming pool, a fitness center, a garden, and free Wi-Fi. The staff is super polite and good English. They can help me to book a taxi. The neighbors here are of working age or teenagers. It's a lot of fun here.
Phuket
Talat Yai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Supalai Park at Downtown Phuket

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
Location
Talat Yai, Phuket Town, Phuket
Number of units
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▼ -38% underpriced
Monthly Rentals
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Location
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Location
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Number of units
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฿2.99M - ฿4.5M
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฿11.5K - ฿35K
Year Built
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Number of units
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฿2.5M - ฿3.29M
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Year Built
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Completion Status
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Project Name
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Number of units
124
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฿3.05M - ฿6.3M
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Location
Talat Yai, Phuket Town, Phuket
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166
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Year Built
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Completion Status
Completed
Location
Talat Nuea, Phuket Town, Phuket
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Location
Talat Nuea, Phuket Town, Phuket
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