2 Bedroom Condo for sale at Oceana Surin

(1 Review)
Choeng Thale, Thalang,Phuket
Unit ID: U155860
8% GUAR. RETURN FOR 3 YEARS
2 Bedrooms
2 Bathrooms
90 SqM Size
5 Floor
Dec 2023 Completed

About This Condo

This property is a 90 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Oceana Surin project in Choeng Thale, Phuket and was completed in Dec 2023. You can buy this condo for a base price of ฿12,760,000 (฿141,778/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Mar 21, 2019
Updated 3 years ago
Property Type Condo
Floor 5
Bedrooms 2
Size 90 SqM
Price per SqM ฿141,778
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, Thai Quota, Leasehold, Company
Furniture
Unfurnished
View(s) Sea View, Mountain View, Pool View, Garden View
Unit Type 2BR
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.
฿7,200/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U155860

Price Analysis

Great Price
Estimated market value ฿16,188,717
Great
฿13,000,000
Good
Fair
Above
฿17,800,000
Current asking Price: ฿12,760,000
This condo is ฿3,428,717 BELOW MARKET (-21%) 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

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.
฿7,200/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
Guaranteed Rental Return
8%
Guarantee Duration
3 Years

Project Details

Project Name: Oceana Surin
Developer: Ocean Group Asia
Construction: Completed (Dec 2023)
Floors: 5
Buildings: 8
Units: 888
Project Area: 24,000 SqM
Nearest Landmark Surin Beach - 0.4 Km
Location: Choeng Thale, Phuket
Oceana Surin Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Indoor Games Room Indoor Games Room
Kids Club Kids Club
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
50%
2nd Installment
Foundations Work / Construction Start
20%
3rd Installment
Structural Completion
10%
4th Installment
Doors & Windows of unit
10%
5th Installment
Completion of unit, ready for registration
10%

Frequently Asked Questions

No pets are allowed at Oceana Surin 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 ฿80 per square meter based on the size of indoor area of the property and is ฿7,200 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 Oceana Surin the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Oceana Surin offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Surin Beach is the nearest Beach from Oceana Surin and it is 0.4 km away.
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

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
New project near Surin Beach
Braun Lehman, Germany, 3 years ago
My wife and I booked the 1-bed of this project for our vacation. I found it online and am quite impressed with how the project looks like. After viewing, I wasn't disappointed at all. Nice sea view as the project is just 150 m. away from Surin Beach. No need to drive, and that's why I chose it here. The room I brought is fully furnished and move-in ready, so it's time-saving. Overall, the project looks great. Will get back to you for updates on whether it's worthwhile or not.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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