3 Bedroom Condo for sale at The Privilege

(1 Review)
Patong, Kathu,Phuket
Unit ID: U15173
6% GUAR. RETURN FOR 3 YEARS
3 Bedrooms
3 Bathrooms
143.64 SqM Size
3 Floor
Dec 2014 Completed

About This Condo

This property is a 143.64 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Privilege project in Patong, Phuket and was completed in Dec 2014. You can buy this condo for a base price of ฿24,275,160 (฿169,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Nov 3, 2016
Updated 3 years ago
Property Type Condo
Floor 3
Bedrooms 3
Size 143.64 SqM
Price per SqM ฿169,000
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%.

Foreign Quota, 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
Unit Type 3BR
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.
฿8,618/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U15173

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.
฿8,618/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: The Privilege
Construction: Completed (Dec 2014)
Floors: 5
Buildings: 4
Units: 49
Project Area: 4,112 SqM
Nearest Landmark Kalim Beach - 0.2 Km
Location: Patong, Phuket
The Privilege Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Privilege

  • Communal Pool
    Rooftop
  • Communal Gym
    Ground Floor
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Available Units at The Privilege

For Sale 13 For Rent 12
Available Units at The Privilege
฿14,129,350
฿95,469/SqM
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Mountain View
Updated 1 month ago
Available Units at The Privilege
฿6,908,000฿8,280,600
฿100,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 69.08 SqM Size
Floor 1 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿23,626,500
฿154,099/SqM
Beds 3 Beds
Baths 3 Baths
Size 153.32 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿40,918,800
฿447,005/SqM
Beds 5 Beds
Baths 6 Baths
Size 91.54 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Mountain View
Available Units at The Privilege
฿10,984,800฿14,554,860
฿120,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 91.54 SqM Size
Floor 1 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿15,178,680฿26,064,400
฿99,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 1 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿26,544,800
฿384,262/SqM
Beds 3 Beds
Baths 3 Baths
Size 69.08 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Mountain View
Available Units at The Privilege
฿41,554,000
฿289,293/SqM
Beds 3 Beds
Baths 3 Baths
Size 143.64 SqM Size
Floor 3 Floor
Company Fully Furnished City View
Available Units at The Privilege
฿15,178,680฿26,064,400
฿99,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 1 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿29,933,800฿42,846,000
฿84,084/SqM
Beds 3 Beds
Baths 3 Baths
Size 356 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Mountain View
Available Units at The Privilege
฿16,865,200฿27,597,600
฿110,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿16,865,200
฿110,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Privilege
฿18,398,400฿28,364,200
฿120,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Get notified when new homes are being added to The Privilege
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Frequently Asked Questions

No pets are allowed at The Privilege 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 ฿60 per square meter based on the size of indoor area of the property and is ฿8,618 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.
The Privilege offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Kalim Beach is the nearest Beach from The Privilege and it is 0.2 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 Privilege 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
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Reviews

3.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The project is near Kalim Beach
Kim Dowler, Canada, 4 years ago
Condos here are available in the hotel section (hotel managed). The staff and services are very good. The common area includes a swimming pool, on-site restaurant, fitness center, and the rooftop has a beautiful viewpoint. The room has a nice spacious balcony and is designed to be proportionate. The bathroom also uses excellent and quality bathtub materials. It is fully furnished. On the downside, I think the gym has little equipment and not enough for the residents. Anyway, getting to the condo is quite confusing because the entrance is very small. The project is near Kalim Beach and about 1 kilometer from Patong Beach.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

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