2 Bedroom Condo for sale at Icon Park

(3 Reviews)
Kamala, Kathu,Phuket
Unit ID: U1371660
10% Rental Yield
2 Bedrooms
1 Bathroom
87 SqM Size
3 Floor
Nov 2013 Completed

About This Condo

This property is a 87 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Icon Park project in Kamala, Phuket and was completed in Nov 2013. You can buy this condo for a base price of ฿5,670,000 (฿65,172/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

2 Bedroom Condo at Walking Distance to Kamala Beach

Easy to access all amenities in Kamala such as shopping market, local market, restaurants, and the clubs. It is only 500 Meters. to the beach and 10 minutes drive through to the center of tourist in Patong. The interior is Scandinavia design, based on light and airy interiors that make the most of the natural sunlight. With light hardwood floors and large windows, the feeling of space and air increases, creating you a comfortable and positive environment to live in. Scandinavian design is not only famous for its great appealing modern contemporary design but it also symbolizes great quality with a sense of perfection.

Features

Corner UnitCorner Unit BalconyBalcony TVTV

Basic Information

Date Listed Mar 20, 2023
Updated 10 months ago
Property Type Condo
Floor 3
Bedrooms 2
Size 87 SqM
Price per SqM ฿65,172
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) Mountain View, City View, Garden View
Unit Type N/A
Building Tower B
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.
฿3,915/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1371660

Investment Opportunity: Charges & Yield

Sale Price
฿5,670,000
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.
฿3,915/mo
Rent
฿45,000/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.
11
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.
10%

Project Details

Project Name: Icon Park
Developer: Ocean Group Asia
Construction: Completed (Nov 2013)
Floors: 7
Buildings: 4
Units: 92
Project Area: 3,200 SqM
Nearest Landmark Kamala Beach - 0.5 Km
Location: Kamala, Phuket
Icon Park Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Icon Park

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Sauna
    Ground Floor

Available Units at Icon Park

For Sale 7 For Rent 12
Get notified when new homes are being added to Icon Park
View All (7)

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Frequently Asked Questions

No pets are allowed at Icon Park 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 ฿45 per square meter based on the size of indoor area of the property and is ฿3,915 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 Icon Park the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Kamala Beach is the nearest Beach from Icon Park 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.

 

Read more here

After you have found the right property at Icon Park 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

4.3 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Yes is good
Verified Visitor, 1 year ago
L appartement à une belle vue sur la mer et plage de Kamala à 300 m à pieds pour la plage et à 50 m d un grand supermarché. Un grand marché 3 fois par semaine juste au début de l avenue à peine à 100 m Une salle de gym une grande piscine et sauna vous attend pour vous ressourcer . Un ascenseur climatisé vous amène au 3 étage
Hot and Cold Plunge Pools!
Verified Former Resident, 3 years ago
Project is located on the main road as you come down the hill from Patong into Kamala. Two main towers with a number of unit configurations. The pool and facilaites are the best part of this project (just ahead of the location). The pool is awesome, changing neon lights and great for swimming laps. There is a proper cold plunge pool and hot tub in the gym area open to all residents for free. A short 5 minutes walk to Kamala Beach.
Great invest condo
Stephan Puckett, Canada, 5 years ago
I have been living in Kamala for many years and saw this condo since it was initially constructed. Then, I decided to buy it to rent out at a reasonable price. I think I have made the right decision because the feedback from my clients was very positive. There are always customers asking for information and booking it. I bought a duplex, 2 bedrooms, quite large, fully furnished, along with a full-frame window that offers a beautiful view of the mountains and trees. The facilities include a gym, a swimming pool, a sauna, and a spa. It looks a bit old but acceptable. Security is pretty good. You can rent a motorbike for about 250-300 baht per day to travel around Phuket. Kamala Beach is very close; you can walk for 700 meters or about 10 minutes. Nearby, Phuket FantaSea is a place to watch a spectacular show of Phuket island, just about 2 km. The condo is not far away from Patong Beach, about 10 minutes drive as well. There is an evening market in the area where you can go shopping and buy fresh seafood; it's close to Big C Market Kamala as well.
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

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