Studio Condo for sale at Ozone Condotel

(2 Reviews)
Karon, Phuket Town,Phuket
Unit ID: U85244
6% Rental Yield
Tenant-Occupied until Jun 6, 2024
Studio Bedroom
1 Bathroom
31.06 SqM Size
7 Floor
Jun 2016 Completed

About This Condo

This property is a 31.06 SqM studio condo with 1 bathroom that is available for sale. It is part of the Ozone Condotel project in Karon, Phuket and was completed in Jun 2016. You can buy this condo for a base price of ฿2,850,000 (฿91,758/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Secure a Dream Vacation Property at Ozone Condotel: Unbeatable Price & Lux Amenities

Welcome to Ozone Condotel in Karon, the very best of the Phuket property market. Offering the perfect combination of vibrant social atmosphere and supreme comfort.This exquisite studio condo unit presents a truly exceptional opportunity, standing out among its peers due to its desirable location, and world-class finishing. With a total area of 31.06 sqm and 1 bathroom, this unit was completed in June 2016, and is equipped with the latest features, functions and facilities. It boasts a lavish living room and full kitchen caterings to all your needs, while the elevated position offers excellent access to its outstanding amenities.This property is now available on the market for the incredibly affordable price of ฿2,850,000 (฿91,758/SqM). In addition to its highly attractive asking price, it does come with the option for monthly rentals, starting from ฿15,000. It's an amazing opportunity, and a great investment for those interested.The many facilities at Ozone Condotel meet the needs of domestic and international customers alike. The condominium offers an impressive array of shared amenities, including an appealingly-located swimming pool, a gymnasium, a rooftop terrace for sun-drenched lounging, a 24-hour reception, CCTV monitoring and even a car parking spot.If you are looking to secure your slice of Phuket's paradise, then this studio condo needs to be at the top of your list. Don't miss this chance to secure your dream vacation or investment property today. Get in touch today to enquire. You won't regret it.

Features

BalconyBalcony

Basic Information

Date Listed Sep 18, 2018
Updated 1 month ago
Property Type Condo
Floor 7
Bedroom Studio
Size 31.06 SqM
Price per SqM ฿91,758
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Park View, City View
Unit Type N/A
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.
฿1,553/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U85244

Price Analysis

Great Price
Estimated market value ฿4,212,791
Great
฿2,230,000
Good
Fair
Above
฿5,150,000
Current asking Price: ฿2,850,000 | Advertised rental rate: ฿15,000/mo
This condo is ฿1,362,791 BELOW MARKET (-32%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,850,000
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.
฿1,553/mo
Rent
฿15,000/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.
16
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.
6%

Project Details

Project Name: Ozone Condotel
Developer: EasyDayThailand
Construction: Completed (Jun 2016)
Floors: 8
Buildings: N/A
Units: 145
Project Area: N/A
Nearest Landmark Kata Beach - 1.3 Km
Location: Karon, Phuket
Ozone Condotel Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at Ozone Condotel

For Sale 11 For Rent 5
Get notified when new homes are being added to Ozone Condotel
View All (11)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Ozone Condotel 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 ฿1,553 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.
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 Ozone Condotel the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Ozone Condotel and it is 1.3 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 Ozone Condotel 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

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Staying here makes my vacation a lot more comfortable
Gustav Eriksen, Finland, 4 years ago
I stayed here during my last vacation. I’m impressed with this place, as it’s at a reasonable price and located in a prime location. It takes only 10 mins to Kata beach to reach many restaurants and convenience stores, which is very convenient. Besides, a rooftop swimming pool isn’t that large, but it’s enough to chill out there. About the room, The decoration is simple, like other condos. There is a small kitchen corner where you can cook simple dishes. I can say that staying here makes my vacation a lot more comfortable.
It was a wonderful time.
Victoria F., Norway, 6 years ago
We have stayed here for 2 weeks. It was a wonderful time. It is a secured project with CCTV throughout the building and a security guard to take care of the residents all the time. Although the rooftop infinity pool is not very large, it is clean. Plus, you can see the view of Kata like the whole city and the sea as well. It's wonderful. My husband and I stayed in a room with 1 bedroom, 1 bathroom, quite large, fully furnished, and new. It's a shame that there isn't any soap, shampoo, and body cream at all. So it would be better if you prepared by yourself. For me, I am impressed. The location is excellent, so renting a motorbike and driving to Kata Beach is just less than 5 minutes, Patong Beach is only 15 minutes.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ozone Condotel

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Beach Center
Location
Karon, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿9.55M - ฿14M
Monthly Rentals
฿70.3K
Year Built
Dec 2010
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
352
Sales Prices
฿3.26M - ฿4.31M
▼ -21% underpriced
Monthly Rentals
฿18.1K - ฿24.1K
Year Built
Feb 2014
Completion Status
Completed
Project Name
The View
Location
Karon, Phuket Town, Phuket
Number of units
55
Sales Prices
฿19.1M - ฿65.3M
▼ -9% underpriced
Monthly Rentals
฿100K - ฿301K
Year Built
Oct 2014
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿3.27M - ฿6.03M
Monthly Rentals
N/A
Year Built
Nov 2015
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
388
Sales Prices
฿4.53M - ฿7.93M
▼ -5.2% underpriced
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
209
Sales Prices
฿5.16M - ฿15.1M
▼ -4.4% underpriced
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
94
Sales Prices
฿5.04M - ฿11.4M
Monthly Rentals
N/A
Year Built
Nov 2025
Completion Status
Off Plan
Project Name
Wekata Luxury
Location
Karon, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿5.35M - ฿5.91M
Monthly Rentals
N/A
Year Built
Sep 2019
Completion Status
Completed
Project Name
The Kata Plaza
Location
Karon, Phuket Town, Phuket
Number of units
20
Sales Prices
฿3.92M - ฿4.12M
▼ -21% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
45
Sales Prices
฿6.23M - ฿59.3M
▲ 1.7% overpriced
Monthly Rentals
฿35.2K - ฿183K
Year Built
Jul 2017
Completion Status
Completed
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