2 Bedroom Condo for sale at Utopia Maikhao

4.17 (1 Review)
Mai Khao, Thalang,Phuket
Unit ID: U73696
6% GUAR. RETURN FOR 3 YEARS
฿12,600,000 Great Price
2 Bedrooms
2.5 Bathrooms
155.20 SqM Size
Ground Floor Floor
Dec 2020 Completed

About This Condo

This property is a 155.20 SqM condo with 2 bedrooms and 2.5 bathrooms that is available for sale. It is part of the Utopia Maikhao project in Mai Khao, Phuket and was completed in Dec 2020. You can buy this condo for a base price of ฿12,600,000 (฿81,186/SqM).

Features

Pool AccessPool Access Private GardenPrivate Garden TerraceTerrace BalconyBalcony

Basic Information

Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 155.20 SqM
Price per SqM ฿81,186
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%.

Thai Quota, Leasehold, Company
Furniture
Available for ฿500,000
View(s) Pool View
Unit Type Villa Zone 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.
฿7,760/mo
Listed By
Developer
Date Listed May 4, 2018
Last Updated 2 months ago
Unit ID U73696

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿14,560,311
Great
฿14,400,000
Good
Fair
Above
฿18,200,000
Current asking Price: ฿12,600,000
This condo is ฿1,960,311 BELOW MARKET (-13%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿12,600,000
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.
฿7,760/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
Guaranteed Rental Return
6%
Guarantee Duration
3 Years

Project Details

Project Name: Utopia Maikhao
Construction: Completed (Dec 2020)
Floors: 0
Buildings: 3
Units: 92
Project Area: 36,800 SqM
Nearest Landmark Mai Khao Beach - 4.3 Km
Location: Thalang, Phuket
Utopia Maikhao Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Shuttle Bus Shuttle Bus

Popular Facilities at Utopia Maikhao

  • Communal Pool
    Ground Floor

Available Units at Utopia Maikhao

Favorite
Compare
Available Units at Utopia Maikhao
฿95,455
Great Price
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Sea View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿95,455
Great Price
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Sea View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Great Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Great Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿106,419
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿81,186
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished Pool View
Get notified when new homes are being added to Utopia Maikhao

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon reservation agreement signing
20%
1st Installment
Upon contract signing
30%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

Frequently Asked Questions

No pets are allowed at Utopia Maikhao 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 ฿50 per square meter based on the size of indoor area of the property and is ฿7,760 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 Utopia Maikhao the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Utopia Maikhao offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Mai Khao Beach is the nearest Beach from Utopia Maikhao and it is 4.3 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 Utopia Maikhao you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon reservation agreement signing
20%
1st Installment
Upon contract signing
30%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

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

Do you own a property at Utopia Maikhao?

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Reviews

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location is great and suitable for investment
4.2 Nathan Mcloughlin, Germany, 2 years ago
It is a spacious villa project that seems a large kingdom from Utopia affiliated projects. I think it's worth investing because there are many benefits and I think it's worth it. The location is great and suitable as a vacation home for investment. Now, it's not 100% completed yet, but I think it would be gorgeous when it is finished. Traveling is convenient and not far from the 5-star hotels and Mai Khao Beach. Anyway, it is quite far from Phuket Town, about 30 kilometers. It only takes about 10-15 minutes, and there is also a shuttle service to many places as well.
Phuket
Mai Khao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Utopia Maikhao

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
777 Beach Condo
Location
Mai Khao, Thalang, Phuket
Number of units
777
Sales Prices
฿856K - ฿8.46M
▼ -8.6% underpriced
Monthly Rentals
N/A
Year Built
Jun 2021
Completion Status
Completed
Location
Mai Khao, Thalang, Phuket
Number of units
47
Sales Prices
฿9.77M - ฿20M
▼ -19% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Mai Khao, Thalang, Phuket
Number of units
342
Sales Prices
฿1.81M - ฿6.09M
▼ -15.7% underpriced
Monthly Rentals
฿20.1K - ฿30.2K
Year Built
May 2019
Completion Status
Completed
Location
Mai Khao, Thalang, Phuket
Number of units
548
Sales Prices
฿33.2M - ฿40.3M
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
Nov 2009
Completion Status
Completed
Location
Mai Khao, Thalang, Phuket
Number of units
47
Sales Prices
฿9.97M - ฿30.2M
▼ -28% underpriced
Monthly Rentals
฿60.4K
Year Built
Dec 1999
Completion Status
Completed
Project Name
Thepthanee Phuket
Location
Mai Khao, Thalang, Phuket
Number of units
47
Sales Prices
฿10.1M
▼ -32% underpriced
Monthly Rentals
฿60.4K
Year Built
Dec 2009
Completion Status
Completed
Location
Mai Khao, Thalang, Phuket
Number of units
222
Sales Prices
฿7.75M - ฿26.2M
▼ -8.9% underpriced
Monthly Rentals
N/A
Year Built
Sep 2023
Completion Status
Off Plan
Location
Mai Khao, Thalang, Phuket
Number of units
144
Sales Prices
฿1.8M - ฿2M
▼ -47% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Baan Mai Khao
Location
Mai Khao, Thalang, Phuket
Number of units
206
Sales Prices
฿9.57M - ฿46.3M
▲ 3.7% overpriced
Monthly Rentals
฿40.3K - ฿90.6K
Year Built
Aug 2015
Completion Status
Completed
Location
Mai Khao, Thalang, Phuket
Number of units
23
Sales Prices
฿13.1M - ฿25.4M
▼ -12% underpriced
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Off Plan
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