1 Bedroom Condo for sale at The Space Condominium

(2 Reviews)
Wichit, Phuket Town,Phuket
Unit ID: U1366390
6% Rental Yield
1 Bedroom
1 Bathroom
33 SqM Size
4 Floor
Jun 2018 Completed

About This Condo

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Space Condominium project in Wichit, Phuket and was completed in Jun 2018. You can buy this condo for a base price of ฿3,260,000 (฿98,788/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 12, 2023
Updated 1 year ago
Property Type Condo
Floor 4
Bedroom 1
Size 33 SqM
Price per SqM ฿98,788
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Pool 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.
฿1,677/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1366390

Investment Opportunity: Charges & Yield

Sale Price
฿3,260,000
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.
฿1,677/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.
16
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 The Space Condominium, and the current sales price.
6%

Project Details

Project Name: The Space Condominium
Developer: N/A
Construction: Completed (Jun 2018)
Floors: 7
Buildings: N/A
Units: 197
Project Area: N/A
Nearest Landmark Central Festival Phuket - 0.6 Km
Location: Wichit, Phuket
The Space Condominium Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Pool / Snooker Table Pool / Snooker Table

Available Units at The Space Condominium

For Sale 5 For Rent 3
Get notified when new homes are being added to The Space Condominium
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Frequently Asked Questions

No pets are allowed at The Space Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Central Festival Phuket is the nearest Shopping Mall from The Space Condominium and it is 0.6 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 The Space Condominium 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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The swimming pool is very beautiful, the gym is also good, and I like the style of the house
Verified Visitor, 1 year ago
my favorite is swimming pool ,its very nice,and myabe the motorbike parking space is not enough,but lots of car parking
I bought it for my daughter.
Somporn Sirisopol, Thailand, 5 years ago
I bought it for my daughter, and the project is located close to Prince of Songkla University of Phuket Campus, where she is studying The location is within a few minutes from Central Festival and many lifestyle areas, that she loves so much. Besides, it is very convenient to access many places even through a little bit of traffic jam in the city. There are also not many nieghbors living here and the security guard is also on his duty for 24 hours. The facilities include the communal pool and communal gym. Anyway, my room is 1 bedroom condo with fully furnished and reasonable price that is perfect for both investing and living in. I like it!!!.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Space Condominium

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