1 Bedroom Condo for sale at Wekata Luxury

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Karon, Phuket Town,Phuket
Unit ID: U1370198
8% Rental Yield
฿5,750,000 ฿7,190,000
1 Bedroom
1 Bathroom
40 SqM Size
7 Floor
Sep 2019 Completed

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Wekata Luxury project in Karon, Phuket and was completed in Sep 2019. You can buy this condo for a base price of ฿5,750,000 (฿144,000/SqM) and it is also available for long term rentals starting from ฿36,000 per month.

Condo new and ready to live

Super condo , near to beach in Russian quarter , all available around , 1 floor to swiming pool , small but perfect for couple , easy to rent , cloudy street with many activities , and quiet room with no sound during night.

Features

BalconyBalcony Wifi IncludedWifi Included Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen Renovated BathroomRenovated Bathroom MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 7
Bedroom 1
Size 40 SqM
Price per SqM ฿144,000
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%.

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, City View, Unblocked Open 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.
฿36,000/mo
Listed By
Private Owner
Date Listed Jan 20, 2023
Last Updated 1 day ago
Unit ID U1370198

Investment Opportunity: Charges & Yield

Sale Price
฿5,750,000
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.
฿36,000/mo
Rent
฿36,000/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.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Wekata Luxury
Developer: N/A
Construction: Completed (Sep 2019)
Floors: 8
Buildings: N/A
Units: 1
Project Area: N/A
Nearest Landmark Kata Beach - 0.3 Km
Location: Phuket Town, Phuket
Wekata Luxury Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
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
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Available Units at Wekata Luxury

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Wekata Luxury unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Kata Beach is the nearest Beach from Wekata Luxury and it is 0.3 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 Wekata Luxury 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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Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

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Location
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