2 Bedroom Condo for sale at The Light

5 (1 Review)
Talat Nuea, Phuket Town,Phuket
Unit ID: U1064000
6% Rental Yield
฿3,980,000 ฿4,390,000
2 Bedrooms
2 Bathrooms
69 SqM Size
8 Floor
Dec 2013 Completed

About This Condo

This property is a 69 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Light project in Talat Nuea, Phuket and was completed in Dec 2013. You can buy this condo for a base price of ฿3,980,000 (฿57,681/SqM).

2 bedroom mountain view condo

This nice condo with a 69 sqm living area is located in the Phuket town area. The location is close to international schools, shopping malls, and others. Fully furnished with a well-equipped kitchen.2 bedrooms and 2 bathrooms.Beautiful mountain views from the windows. Gym and swimming pool, covered parking area.

Features

BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Property Type Condo
Floor 8
Bedrooms 2
Size 69 SqM
Price per SqM ฿57,681
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
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, Unblocked Open 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.
฿2,415/mo
Listed By
Private Owner
Date Listed Feb 25, 2022
Last Updated 7 months ago
Unit ID U1064000

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿3,980,000
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.
฿2,415/mo
Rent
฿20,000/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.
17
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.
6%

Project Details

Project Name: The Light
Developer: N/A
Construction: Completed (Dec 2013)
Floors: 15
Buildings: N/A
Units: 185
Project Area: N/A
Nearest Landmark Phuket Immigration Office - 2 Km
Location: Phuket Town, Phuket
The Light Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at The Light

For Sale 3 For Rent 2
Get notified when new homes are being added to The Light

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Light 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 ฿35 per square meter based on the size of indoor area of the property and is ฿2,415 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 The Light the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phuket Immigration Office is the nearest Immigration Office from The Light and it is 2 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 Light 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 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is considered excellent for investment.
5 Suchart Dechpanya, Thailand, 4 years ago
I really made the right decision to buy a room in this project for rent. Many foreign customers are interested in renting it all year. Maybe because of its location in Phuket Town, it is still quiet and close to all amenities, such as Chalermprakiat Park, Phuket. It is a garden for relaxation and exercise, less than 10 minutes walk. This neighborhood has a 7-Eleven, including many restaurants. Central Festival Phuket is just a 5-minute drive away. The room I bought for rent out is a 1-bedroom unit, quite spacious. It's are fully furnished, you don't have to add anything more. In addition, the project also has an infinity pool, fitness center, and other needs of the tenants. It is considered excellent for investment.
Phuket
Talat Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Light

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Number of units
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Location
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Talat Nuea, Phuket Town, Phuket
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Talat Nuea, Phuket Town, Phuket
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