2 Bedroom Condo for sale at Cassia Residence Phuket

(2 Reviews)
Choeng Thale, Thalang,Phuket
Unit ID: U1048692
8% Rental Yield
2 Bedrooms
2 Bathrooms
75 SqM Size
4 Floor
Nov 2019 Completed

About This Condo

This property is a 75 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Cassia Residence Phuket project in Choeng Thale, Phuket and was completed in Nov 2019. You can buy this condo for a base price of ฿9,450,000 (฿126,000/SqM).

pCassia Residences is a modern residential complex consisting of two -storey buildings with a closed common area on the shores of a fresh lake in the heart of Laguna Phuket resort. Cassia Residence is surrounded by picturesque nature and at the same time all the necessary infrastructure for a comfortable life and recreation. Property owners in Cassia Phuket can take advantage of the entire infrastructure of the huge Laguna Phuket resort, receiving privileges in the form of discounts in restaurants, spas and boutiques of the resort. The Cassia Residence project has types of apartments one-room, two-room and three-room. The apartments offer magnificent views of the lake, garden and sea. Cassia Residences differs from the Cassia hotel in the increased area of the apartments, the presence of washing machines in each car, which makes it possible to use them not only for short-term vacations, but also for long-term stays.ppbrppstrongInfrastructurestrongppThe Cassia Residences has a communal swimming pool with sun loungers and cabanas and walking paths. A free shuttle bus runs regularly from the complex to the beach and back. While resting at the Cassia Residences Phuket, you do not need to rent transport - by shuttle you can get to the beach, restaurants, shops, the main building. There is also a boat to the beach every half hour. This is especially convenient for families with small children. The restaurant offers in-villa or BBQ catering.ppbrppstrongWhats nearbystrongppCassia Residences is located just a -minute walk from Bangtao Beach. This beach is where Phukets most popular beach clubs are located, such as Xana Beach Club, Dream Beach Club and Catch Club. Next to the Cassia Residences is the Laguna Phuket Golf Club, where international class tournaments are held. Inexperienced golfers can use the services of a personal golf coach. Boat Avenue is a -minute drive from the Cassia, with a variety of shops, countless restaurants and bars, and Villa Market, a European supermarket. The modern Porto De Phuket shopping complex, with countless restaurants, Tors supermarket, boutiques and food court, is just a short drive away. Nearby is the Lemonade Kids Club with a childrens room and a pool for children, a hot sauna for adults. The bustling party scene of Patong is a -minute drive from the complex. The road from the airport to the complex will take about minutes.ppbrppstrongFor whom is it suitablestrongppThe hotel is located in one of the most prestigious areas of Phuket with a developed infrastructure, but at the same time it will be a fairly inexpensive option compared to neighbouring hotels. Therefore, Cassia Residence is popular with many categories of tourists and expats who value quality of life and good location. Whether you rent or purchase a property in Laguna Phuket, you and your home acquire the style, lifestyle and privileges of a resident of the most prestigious Asian resort.p

Features

BalconyBalcony Renovated KitchenRenovated Kitchen MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 10, 2022
Updated 2 years ago
Property Type Condo
Floor 4
Bedrooms 2
Size 75 SqM
Price per SqM ฿126,000
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%.

Leasehold
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) Lake 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
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1048692

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.
12
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 2 bedroom condos at Cassia Residence Phuket, and the current sales price.
8%

Project Details

Project Name: Cassia Residence Phuket
Developer: Banyan Tree Group
Construction: Completed (Nov 2019)
Floors: 7
Buildings: 2
Units: 193
Project Area: 8,800 SqM
Nearest Landmark Bang Tao Beach - 0.6 Km
Location: Choeng Thale, Phuket
Cassia Residence Phuket Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Cassia Residence Phuket

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
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Available Units at Cassia Residence Phuket

For Sale 4 For Rent 14
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Payment Plan

Cash Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Deferred Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
90 days after contract signing
30%
3rd Installment
On handover
50%

Frequently Asked Questions

No pets are allowed at Cassia Residence Phuket 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 ฿14 per square meter based on the plot size of the property and is 0 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 Cassia Residence Phuket the required payment for the sinking fund is ฿250 per square meter based on the size of the plot size of the property.
Bang Tao Beach is the nearest Beach from Cassia Residence Phuket 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 Cassia Residence Phuket you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Cash Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Deferred Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
90 days after contract signing
30%
3rd Installment
On handover
50%

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

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Reviews

4.4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
LOVE it! Super convenient, family friendly
Verified Current Resident, 3 weeks ago
As with all banyan tree properties, it comes with great services as a free shuttle bus to all Lagoona hotels. There is a foreign supermarket walking distance, a beach with sunbeds and a shower within walking distance, a 50-bath shuttle to the villa market, and a 100-bath shuttle to Patong and Floresta - centers of fun and tourist life. The planning and design is smart (we have 3 bedrooms). i had to make a slight renovation in 2023, but generally super happy with Cassia residence. You have security everywhere and personnel is friendly.
Wonderful condo with excellent service
Raquel Stake, Brazil, 4 years ago
It's one of the condominium projects from Banyan Tree, which makes me satisfied during the holiday. Every time I visit Phuket, I always realize hotels and villas in the Laguna Phuket. There are many various residences to choose from. At this time, I prefer the new condominium called "Cassia Residence Phuket." It is for both living and investing, and we can either rent or buy it. Its location is so beautiful, close to a large lake and Bangtao Beach. Residents can take the shuttle boat service in front of the condo as the boat will collect the guests every 20 minutes. It's very convenient to go to the beach. Also, there a private beach and sunbeds as well. In the Cassia Residence Phuket, there is an excellent service from the staff, including breakfast, lunch, and dinner. They are ready to serve the residents every time. In the evening, we can swim and experience the sunset. It is also very convenient to go to the outside because there is a shuttle bus to the shopping venues and nearby tourist attractions. It is 800 meters close to restaurants, bars, massage and spa shops,
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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