3 Bedroom Apartment for sale at Lotus Gardens

(4 Reviews)

Choeng Thale, Thalang,Phuket

Unit ID: U19544

5% Rental Yield

3 Bedrooms

3 Bathrooms

345 SqM Size

Ground Floor Floor

Jan 2005 Completed

(4 Reviews)

Sale Price

฿29,000,000

Great Price

About This Apartment

This property is a 345 SqM apartment with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Lotus Gardens project in Choeng Thale, Phuket and was completed in Jan 2005. You can buy this apartment for a base price of ฿29,000,000 (฿84,058/SqM).

Tropical Retreat: Luxurious 3-Bed Paradise in Lotus Gardens

Perched atop thriving Lotus Gardens, this beautiful 345sqm three-bedroom, three-bathroom apartment offers a glorious showcase of modern, tropical living. With construction completed back in January 2005, you can be sure of a luxurious, quality home in a secure development.A modern, minimalist aesthetic provides an uncluttered, calming ambiance, while ensuring plenty of natural light and breezes fill every corner. An open-plan concept also allows free-flowing connectivity between the main living area, kitchen and dining spaces. With their contemporary flair, both master and guest bedrooms come complete with en-suite bathrooms and built-in wardrobes, providing a sophisticated and highly functional living space.The incredible views from the terrace provide the perfect backdrop for relaxing evenings, while the perimeter walls and 24/7 guard service offer a secure and secluded space for residents to unwind. And with the shimmering waters of Choeng Thale Beach just a few steps away, you are completely immersed in the lush tropics of Phuket.This opportunity to own such a fine property in today's market comes with a very attractive price tag,with a base of ฿29 million (฿84,058/sqm) – it's a refined haven truly worth investing in. Contact us right away to arrange a viewing and seize this wonderful prospect.

Features

Private Pool

Private Garden

Terrace

Basic Information

Date Listed Nov 4, 2016

Updated 6 months ago

Property Type Apartment

Floor Ground Floor

Bedrooms 3

Size 345 SqM

Price per SqM ฿84,058

Pets Not Allowed

Apartment Ownership

N/A

Furniture

Fully Furnished

View(s) Pool View, Garden View

Unit Type N/A

Building N/A

CAM Fee

฿17,250/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U19544

Price Analysis

Great Price

Estimated market value ฿44,613,526

Great

Good

Fair

Above

Current asking Price: ฿29,000,000 | Rental estimate: ฿116,000/mo

This apartment is ฿15,613,526 BELOW MARKET (-35%) in the Phuket area. It is analyzed against similar apartments and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.

Investment Opportunity: Charges & Yield

Sale Price

฿29,000,000

CAM Fee

฿17,250/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Lotus Gardens

Developer: Layan Property Development

Construction: Completed (Jan 2005)

Floors: 6

Buildings: 1

Units: 50

Project Area: 11,325 SqM

Nearest Landmark Layan Beach - 0.4 Km

Location: Choeng Thale, Phuket

Lotus Gardens Project Details

Project Features

Hotel Managed

Communal Pool

Jacuzzi

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Popular Facilities at Lotus Gardens

Communal Pool

Ground Floor
Communal Garden Area

Ground Floor
Communal Gym

Ground Floor

Available Units at Lotus Gardens

For Sale 2 For Rent 5

All
2 Beds
3 Beds

Foreign Quota Partly Furnished City View

Fully Furnished Pool View

Get notified when new homes are being added to Lotus Gardens

View All (2)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Lotus Gardens 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 ฿17,250 for this apartment. 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 Lotus Gardens the required payment for the sinking fund is ฿275 per square meter based on the size of the indoor area of the property.

Layan Beach is the nearest Beach from Lotus Gardens and it is 0.4 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.

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Reviews

3.9 out of 5

Based on

4 Reviews

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

The atmosphere is quiet and relaxing.

Edmund Gao, United States, 4 years ago

I visited here last month. It was a bit quiet as there are not many tourists compared with the high season. I could take a rest comfortably and privately. I stayed here for many days, and the room we rented is 1 bedroom. The balcony offers a beautiful sea view as the project location is located on the hill. The project area is decorated with beautiful gardens. The condo entrance is easy to find, but the road is a bit sloped up. For anyone professional in driving a car, it's not recommended. You'd better park the car in front of the condo.

Very happy!

Emmy Chan, Singapore, 4 years ago

Although the building's exterior looks a bit old, this place is well maintained and clean. The staff is friendly and takes good care of us. It is a wonderful time living here. Our room has spacious 3 bedrooms with comfortable decoration, a full set of furniture, a private swimming pool, and a Jacuzzi. The air conditioner is quiet and works well. Also, the project is close to Layan Beach in a few steps.

A pleasant condo and the staff are friendly.

Dennis Gary, South Africa, 5 years ago

The project is located in the Cherngtalay area. About 80% of foreigners live here, and I think this place is very easy to find food as there are many inexpensive restaurants and about 600 meters from the beach. The room I stayed in was 2 bedrooms and 2 bathrooms. The first time I moved in, it was fully furnished. It is clean and well maintained. There are almost no problems with breakdowns or dirtiness at all. The downside is that I think it gets quite busy during the High Season.

It is the ideal accommodation for relaxation.

Melany Giffen, Germany, 6 years ago

Lotus Gardens is one of the residences in Phuket that I am impressed with because it is calm and private. It feels like I am staying at home. Also, it is close to Layan Beach where I often go sunbathing while vacationing here. The interior is complete without something deficient at all. It is very good! The room that I rented is well-decorated, the furniture is stylish and quality. The facilities are well-equipped, such as a large clean swimming pool with a Jacuzzi tub. Overall, it is great! The staff was nice, friendly and the neighbors were okay. The project environment is also perfect. I would like everyone to stay here!

Phuket

Choeng Thale