The Privilege

3.33 (1 Review)

Patong, Kathu,Phuket

Unit ID: U265639
6% GUARANTEED RETURN FOR 3 YEARS
฿35,000,000 ฿39,000,000
Bedroom
5 Bedrooms
Bathroom
6 Bathrooms
Indoor Area
332 SqM Size
Floors
5 Floor
Construction
Dec 2014 Completed

5 Bedroom Penthouse for sale at The Privilege

This property is a 332 SqM penthouse with 5 bedrooms and 6 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 penthouse for a base price of ฿35,000,000 (฿105,422/SqM).

Whole Floor Penthouse with Arguably the Best Views in Phuket

This rare Foreign Freehold whole floor Penthouse with 360 degrees of never to be built out outstanding uninterrupted views of Patong Bay, the Ocean and Mountain Backdrop, is over 332 sqm of pure modern luxury with a 9m private pool located on it's spacious balcony. Located on the northern mountain side of Patong with views of it's stunning night lights, magnificent sunsets and close to it's best ocean side restaurants. It has 4 King size bedrooms and a Maid room all with large ensuite bathrooms and a full Guest bathroom to accommodate the whole family. It has a huge Chefs Kitchen and large Living and Dining areas so you will never feel crowded, with undercover car parking next to the lift and the Communal Swimming Pool.

Features

Maids QuartersMaids Quarters BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub

Basic Information

Property Type Penthouse
Floor 5
Bedrooms 5
Size 332 SqM
Price per SqM ฿105,422
Penthouse 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) City View, Mountain View, Pool View, Sea View, Unblocked Open 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.
฿19,920/mo
Listed By
Private Owner
Date Listed Dec 22, 2019
Last Updated 1 month ago
Unit ID U265639

Investment Opportunity: Charges & Yield

Sale Price
฿35,000,000
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.
฿19,920/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, Kathu, 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

Available Units at The Privilege

For Sale 13 For Rent 9
Available Units at The Privilege
฿105,422
5 Beds
6 Baths
5 Floor
332 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿127,566
1 Beds
2 Baths
3 Floor
68 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
2 Beds
2 Baths
1 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
2 Beds
2 Baths
3 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿130,000
3 Beds
3 Baths
5 Floor
188 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
2 Beds
2 Baths
2 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
2 Beds
2 Baths
3 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
Good Price
2 Beds
2 Baths
1 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿130,000
2 Beds
2 Baths
4 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
Good Price
2 Beds
2 Baths
2 Floor
153 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿130,000
Good Price
1 Beds
1 Baths
1 Floor
88 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿120,000
Good Price
1 Beds
1 Baths
1 Floor
92 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
฿175,000
1 Beds
1 Baths
1 Floor
69 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
1 Beds
1 Baths
1 Floor
94 SqM Size
Fully Furnished Park View
More Details
Available Units at The Privilege
2 Beds
2 Baths
- Floor
107 SqM Size
Fully Furnished Garden View
More Details
Available Units at The Privilege
5 Beds
5 Baths
- Floor
341 SqM Size
Fully Furnished Park View
More Details
Available Units at The Privilege
3 Beds
3 Baths
1 Floor
156 SqM Size
Fully Furnished
More Details
Available Units at The Privilege
2 Beds
2 Baths
- Floor
150 SqM Size
Fully Furnished Mountain View
More Details
Available Units at The Privilege
1 Beds
1 Baths
- Floor
69 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
2 Beds
2 Baths
1 Floor
149 SqM Size
Fully Furnished Sea View
More Details
Available Units at The Privilege
1 Beds
1 Baths
- Floor
46 SqM Size
Fully Furnished Park View
More Details
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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 ฿19,920 for this penthouse. 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
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

3.3 out of 5 3.33
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
3.3 Kim Dowler, Canada, 2 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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