2 Bedroom Condo for sale at The Aspasia

(1 Review)
Karon, Phuket Town,Phuket
Unit ID: U262503
7% Rental Yield
2 Bedrooms
2 Bathrooms
240 SqM Size
2 Floor
Jan 2011 Completed

About This Condo

This property is a 240 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Aspasia project in Karon, Phuket and was completed in Jan 2011. You can buy this condo for a base price of ฿15,000,000 (฿62,500/SqM).

Spacious apartment with a great view

Located in Kata Beach, just 200 m from Kata Beach, Kata Prime provides beachfront accommodation with an outdoor swimming pool, a fitness centre, a garden and free WiFi. With free private parking, the property is 400 m from Karon Beach and 1.9 km from Kata Noi Beach. The apartment consists of 2 separate bedrooms, 2 bathrooms and a living room. The apartment offers a terrace.

Features

TerraceTerrace BathtubBathtub

Basic Information

Date Listed Dec 16, 2019
Updated 3 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 240 SqM
Price per SqM ฿62,500
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) Sea View, Pool View, Garden 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.
฿14,166/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U262503

Price Analysis

Great Price
Estimated market value ฿21,009,035
Great
฿21,000,000
Good
Fair
Above
฿21,600,000
Current asking Price: ฿15,000,000 | Rental estimate: ฿81,600/mo
This condo is ฿6,009,035 BELOW MARKET (-29%) 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.
฿14,166/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.
15
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 The Aspasia, and the current sales price.
7%

Project Details

Project Name: The Aspasia
Developer: N/A
Construction: Completed (Jan 2011)
Floors: 4
Buildings: N/A
Units: 117
Project Area: N/A
Nearest Landmark Kata Beach - 0.3 Km
Location: Karon, Phuket
The Aspasia Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
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Available Units at The Aspasia

For Sale 1 For Rent 2
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Frequently Asked Questions

No pets are allowed at The Aspasia 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 The Aspasia 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 The Aspasia 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A great place to relax!
Teddy Masek, United States, 6 years ago
A great place to relax! The room is very spacious, very well maintained, and has a nice view from the balcony. Close to beautiful beaches such as Kata and Karon. The staff was also very polite and helpful. The pool is great. I would highly recommend staying here as it is very easy to explore Phuket Island or in the town, just a short drive, and there are adequate parking lots available at the condo. The atmosphere was very peaceful and quiet. Overall for the price, it is worth staying there.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Aspasia

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Year Built
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Project Name
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Number of units
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Number of units
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Location
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