Waterside

5 (1 Review)

Wichit, Phuket Town,Phuket

Unit ID: U476428
5% Rental Yield
฿18,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
269 SqM Size
Construction
Dec 2009 Completed

3 Bedroom Condo for sale at Waterside

This property is a 269 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Waterside project in Wichit, Phuket and was completed in Dec 2009. You can buy this condo for a base price of ฿18,000,000 (฿66,914/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Key Features

  • Air-Conditioning in every room
  • Balconies : both floors
  • Bathtub (in master bedroom only)
  • En-suite bathroom
  • Modern kitchen with Cooker Hob/Hood
  • Beachfront
  • Sea and Mountain View
  • Water Heater
  • Fiber Optic Connection - WiFi Internet for both levels (fee applicable as per internet provider)
  • Furniture included.   
  • Assigned parking space
  • 24 hours security
  • 1 time weekly basic cleaning by housekeeper (approx. 2 hour)

 

Additional Expenses during rentals:

       - Maid – cleaning at 500 baht per time

       - Electric/Water bills : Pay directly to the Condominium Juristic Person as per invoiced

       - Internet subscription

       - Internet TV.

Features

TerraceTerrace DuplexDuplex BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor N/A
Bedrooms 3
Size 269 SqM
Price per SqM ฿66,914
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
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, Sea View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Date Listed Apr 27, 2020
Last Updated 2 months ago
Unit ID U476428

Price Analysis

Above Average
Estimated market value ฿13,900,000
Great
฿12,200,000
Good
Fair
Above
฿18,200,000
Current asking Price: ฿18,000,000 | Advertised rental rate: ฿70,000/mo
This condo is ฿4,100,000 ABOVE 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿18,000,000
Rent
฿70,000/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.
21
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.
5%

Project Details

Project Name: Waterside
Developer: N/A
Construction: Completed (Dec 2009)
Floors: 4
Buildings: N/A
Units: 24
Project Area: N/A
Nearest Landmark Cape Panwa -3.2 Km
Location: Wichit, Phuket Town, Phuket
Waterside Project Details

Project Features

Communal Pool Communal Pool 24H Security 24H Security Car Parking Car Parking Direct Beach Access Direct Beach Access

Available Units at Waterside

For Sale 1 For Rent 2
Get notified when new homes are being added to Waterside

Loan Calculator

Frequently asked questions

Cape Panwa is the nearest Town from Waterside and it is 3.2 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 Waterside 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

Do you own a property at Waterside?

Find out how much your property is worth and start your listing for free.

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
Truly cozy! Condo has the pool adjacent to the beach
5 Harlan Kohr, United States, 1 year ago
The condo has a fantastic view and the pool adjacent to the beach. The staff comes to clean the pool every day, so great! The atmosphere around is a small village, tranquil and peaceful. The room is very spacious with white tone color, and the wooden floor offers classic looks and very well maintained. Plus, the condo is not far from Phuket town, only a 15-20 minutes drive. We love staying here. The parking lot is considerable. This place is truly cozy. We will definitely return when we come to Phuket again.

Phuket

Wichit

Neighborhood Overview

Location and Neighborhood

Street View

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