1 Bedroom Condo for sale at Wekata Luxury

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Karon, Phuket Town,Phuket

Unit ID: U1926913

1 Bedroom

1 Bathroom

45 SqM Size

7 Floor

Jan 2022 Completed

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Sale Price

฿5,500,000

Street View

About This Condo

This property is a 45 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 Jan 2022. You can buy this condo for a base price of ฿5,500,000 (฿122,222/SqM).

Panoramic 45 sqm apartment with access to Swimming Pool

The apartments were put into operation at the end of 2022 and started being rented out in February 2023. There is a guaranteed rental agreement with the developer's management company for 8 years until 2031, with a guaranteed payment of 300K THB per year (in 2 tranches every half a year).- Spacious apartment in a convenient location (10 minutes walking distance from Karon and Kata beaches). - Direct access to a rooftop with a swimming pool and bar (not above the apartment, ensuring no noise). - Features a separate bedroom with a balcony and a big sitting room with a European kitchen. - Comes with 2 TV sets and a sofa. - Big bathroom equipped with a bathtub, shower cabin, sink, and toilet. - Ideal for a family of 2+1. - Documents ready for a deal. Additional amenities: - Three swimming pools (two on the rooftop and one below). - One fitness center. - Two restaurants. - Children's room. - Underground parking. Selling due to leaving Thailand and needing funds for another project.

Features

Balcony

Bathtub

Basic Information

Date Listed Sep 3, 2024

Updated 7 months ago

Property Type Condo

Floor 7

Bedroom 1

Size 45 SqM

Price per SqM ฿122,222

Pets Not Allowed

Condo Ownership

Leasehold

Furniture

Fully Furnished

View(s) Mountain View, City View, Unblocked Open View

Unit Type N/A

Building N/A

CAM Fee

฿2,700/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1926913

Investment Opportunity: Charges & Yield

Sale Price

฿5,500,000

CAM Fee

฿2,700/mo

Project Details

Project Name: Wekata Luxury

Developer: Phuket9 Co., Ltd.

Construction: Completed (Jan 2022)

Floors: 8

Buildings: N/A

Units: 17

Project Area: N/A

Nearest Landmark: Kata Beach - 0.5 Km

Location: Karon, Phuket

Wekata Luxury Project Details

Project Features

Hotel Managed

On Site Restaurant

Communal Pool

Communal Gym

Bar

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Communal Garden Area

Laundry Facilities / Dry Cleaning

Key card access

Available Units at Wekata Luxury

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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.

The common area maintenance fee is ฿2,290 per square meter based on the size of indoor area of the property and is ฿2,700 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.

For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Wekata Luxury the required payment for the sinking fund is ฿15,200 per square meter based on the size of the indoor area of the property.

Kata Beach is the nearest Beach from Wekata Luxury 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.

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

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.