Studio Apartment for sale at Phuket Palace

(6 Reviews)

Patong, Kathu,Phuket

Unit ID: U18138

9% Rental Yield

Studio Bedroom

1 Bathroom

50 SqM Size

7 Floor

Nov 1992 Completed

(6 Reviews)

Sale Price

฿3,900,000

About This Apartment

This property is a 50 SqM studio apartment with 1 bathroom that is available for sale. It is part of the Phuket Palace project in Patong, Phuket and was completed in Nov 1992. You can buy this apartment for a base price of ฿3,900,000 (฿78,000/SqM).

Royal Splendor: Perfect your Elegant & Privileged Phuket Lifestyle at Phuket Palace

Discover your perfect place to call home in the heart of paradise with this 50 SqM studio apartment available for sale in the iconic Phuket Palace project. Recently completed in Nov 1992, this property offers a lavish and stylish way of living, based in the rich heart of Patong, Phuket.This captivating new development fulfills every demand on your search for an unforgettable destination.Situated in a convenient neighborhood and with access to various attractions, this studio apartment provides the perfect combination of serenity and adventure. Offering 1 bathroom, the property is available for a base price of ฿3,900,000 (฿78,000/SqM).Achieve an extraordinary lifestyle in your own studio apartment in a convenient and sought-after move-in-ready development. Within its environs, Phuket Palace promises superior living solutions to those searching for a lavish and distinguished lifestyle in this paradise.As the king of destinations in Thailand, find tranquility and enjoy life in the lap of luxury.Seize this rare opportunity to live in the most sought-after development in Patong, Phuket and experience an incomparable and unforgettable lifestyle in your own studio apartment at the Phuket Palace.Don't miss out on perfecting your elegant and privileged Phuket lifestyle - contact us today to enquire.

Features

Balcony

Basic Information

Date Listed Nov 3, 2016

Updated 3 years ago

Property Type Apartment

Floor 7

Bedroom Studio

Size 50 SqM

Price per SqM ฿78,000

Pets Not Allowed

Apartment Ownership

N/A

Furniture

Fully Furnished

View(s) Sea View

Unit Type N/A

Building N/A

CAM Fee

฿3,150/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U18138

Price Analysis

Fair Price

Estimated market value ฿3,788,039

Great

Good

Fair

Above

Current asking Price: ฿3,900,000 | Rental estimate: ฿27,600/mo

This apartment is ฿111,961 ABOVE MARKET (3%) 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

฿3,900,000

CAM Fee

฿3,150/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Phuket Palace

Developer: Phuket Palace

Construction: Completed (Nov 1992)

Floors: 15

Buildings: 1

Units: 168

Project Area: 6,680 SqM

Nearest Landmark Patong Beach - 2.4 Km

Location: Patong, Phuket

Phuket Palace Project Details

Project Features

Hotel Managed

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Cigar Lounge

Communal Garden Area

Key card access

Popular Facilities at Phuket Palace

Communal Garden Area

Ground Floor
Communal Pool

Ground Floor
Communal Gym

Ground Floor

Available Units at Phuket Palace

For Sale 12 For Rent 12

All
Studio
1 Bed
2 Beds

Leasehold Fully Furnished Mountain View

Company Fully Furnished Sea View

Foreign Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished Sea View

Foreign Quota Fully Furnished City View

Company Fully Furnished Sea View

Company Fully Furnished Sea View

Company Fully Furnished City View

Company Fully Furnished Mountain View

Fully Furnished Sea View

Foreign Quota Fully Furnished City View

Get notified when new homes are being added to Phuket Palace

View All (12)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Phuket Palace 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 ฿63 per square meter based on the size of indoor area of the property and is ฿3,150 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.

Patong Beach is the nearest Beach from Phuket Palace and it is 2.4 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.

Do you own a property at Phuket Palace?

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

Reviews

3.9 out of 5

Based on

6 Reviews

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Convenient location near Patong Beach

Kimberly Caughey, United Kingdom, 4 years ago

I've stayed here for a month and rented a studio room. The room is provided with many facilities. There is a large outdoor area in the center of the condo with various sunbeds on the ground floor, where I can do sunbathing. It's super convenient. Although the condo looks old, the lobby hall still looks good, and the rental price is acceptable. The location is considered potential, close to Patong Beach, and easily accessible. Moreover, it is close to many restaurants, bars, and entertainment venues. It is very convenient to go everywhere, and it is the best condo for those who want an acceptable priced condo.

I made the right choice of buying here

Brad P., Australia, 4 years ago

I made the right choice of buying here. My room is spacious with beautiful decoration, and it also comes with full furniture. In the project, there is a very large swimming pool. It’s located in the prime area, near Patong beach. There are restaurants, a department store, and pubs nearby. For those who want to buy for the investment, it is another interesting option.

Condo in the Patong area

Fabio Scally, Italy, 5 years ago

The building is a bit run down, but the room is spacious with a full furniture set. The room price is reasonable compared to other condos in the Patong area. There is a large swimming pool in the common area as well. The condo is located in Patong near restaurants and not far from Jungceylon Shopping Mall. It's also close to Bangla Road (Phuket's famous nightlife).

Old condo near Patong Beach

Felicia Puckett, France, 6 years ago

Many foreigners are living here, and there are many western restaurants around here. So I think this project provides a complete range of facilities than other areas in Phuket. The outdoor area has a large swimming pool, and gardens around the pond, while the rooms are well designed in proportion. It is not too small and has a spacious balcony. However, it is a relatively old condo. It is still strong and always gets maintenance. Moreover, it is about 2 kilometers away from Patong Beach !!

Condo in Patong area surrounded by convenience places

Ashli Lucio, Italy, 6 years ago

The condo here comprises a large swimming pool in the middle of the condo, surrounded by a beautiful view. Moreover, the condominium itself has an elegant design, looks unique. It also has a large garden where I often go to sit and relax in the afternoons. There is also an on-site parking lot, security system, and 24 hours CCTV. However, the condo is located in Patong's center and close to Karon Beach, which can travel by motorbike. There are also many restaurants around, and if you are bored, you can hang out at Bangla Road. Everything is recommended here.

Calm and cozy

Genevive Gachet, France, 6 years ago

I'm french, moving here with my dad when I was only 22 years old. I thought I was ready to live in Phuket. My father has many businesses in Patong, and I have visited Phuket many times. After graduating and I took a gap year to visit many places. And I am still very impressed with Phuket. I chose a condo here because it is quiet and private, like I am staying in a resort. Nearly 90% of the residents are foreigners. My room is on the 14th floor, which is high so that I can enjoy the sea view from my room. The place is beautifully decorated with a fully-furnished kitchen, dining table set, and a comfortable bed. The room is in the perfect size for a bachelor like me living alone. The condo's free Wi-Fi is fast, and the common area is complete with large swimming pools, a fitness center, plenty of parking. And I like the security guards very much; they are very friendly.

Phuket

Patong