Studio Condo for sale at Phanasons City Condominium

(2 Reviews)
Wichit, Phuket Town,Phuket
Unit ID: U5629134
8% Rental Yield
Studio Bedroom
1 Bathroom
31 SqM Size
7 Floor
Sep 2014 Completed

About This Condo

This property is a 31 SqM studio condo with 1 bathroom that is available for sale. It is part of the Phanasons City Condominium project in Wichit, Phuket and was completed in Sep 2014. You can buy this condo for a base price of ฿1,890,000 (฿60,968/SqM).

Phanasons City Condominium (พนาสน เดอะ ซิตี้ คอนโดมิเนียม)

Phanason The City Condominium – Wichit, Phuket Phanason The City Condominium is a completed condominium/apartment project located in Wichit, Phuket. It was completed in September 2014 and developed by Phanason Properties, the same company behind other quality developments such as The Park Condominium, Phanason Villa (Borae), and Phanason City Thep Anusorn. The project comprises 8 floors and a total of 1,410 residential units across 6 buildings. Project Highlights and Features This modern condominium is located in the heart of Phuket, in one of the city’s most convenient and well-connected areas. It is surrounded by a full range of amenities including:
  • Central Festival Phuket
  • Makro Phuket
  • Bangkok Hospital Siriroj
  • HeadStart International School
All of these are just within a 5-minute drive from the project. Phanason The City Condominium offers residents a fresh, modern lifestyle with environmentally conscious design. The atmosphere of the project is peaceful and well-shaded, providing a sense of comfort and tranquility. Residents also benefit from a full range of on-site facilities, including:
  • Clubhouse
  • Large swimming pool
  • Communal garden
  • Ample parking for all units
  • 24-hour security
  • CCTV coverage throughout the project
Project Details
  • Location: 80 Moo 5, Wichit Songkram Road, Wichit Subdistrict, Mueang Phuket District, Phuket
  • Type: Low-rise condominium (8 floors), 6 buildings
  • Land area: Approximately 12 rai (~19,200 sq.m)
  • Total units: 1,410 residential units
  • Completion year: 2014
  • Developer: Phanason Properties Co., Ltd.
Room Types
  • 1-bedroom units ranging from 32–50 sq.m
Facilities
  • Clubhouse
  • Communal garden
  • Swimming pool
  • Parking
  • 24-hour security
  • CCTV throughout the project
Getting There By private car, start from the front of Central Floresta Phuket. Head southwest onto Wichit Songkram Road (Route 4020) and continue straight for approximately 850 meters. Turn left into Soi Poon Tao Kong, continue for about 350 meters, then turn right and drive for another 190 meters. The project will be on your left-hand side.

Features

BalconyBalcony

Basic Information

Date Listed Jul 14, 2025
Updated 1 year ago
Property Type Condo
Floor 7
Bedroom Studio
Size 31 SqM
Price per SqM ฿60,968
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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, Unblocked Open View, Forest, Nature 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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U5629134

Investment Opportunity: Charges & Yield

Sale Price
฿1,890,000
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.
12
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio condos at Phanasons City Condominium, and the current sales price.
8%

Project Details

Developer: Phanason Properties
Construction: Completed (Sep 2014)
Floors: 8
Buildings: N/A
Units: 1410
Project Area: N/A
Nearest Landmark: Central Festival Phuket - 3.7 Km
Location: Wichit, Phuket
Phanasons City Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Phanasons City Condominium

฿1,790,000 ฿1,890,000
Get notified when new homes are being added to Phanasons City Condominium
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Frequently Asked Questions

No pets are allowed at Phanasons City Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Central Festival Phuket is the nearest Shopping Mall from Phanasons City Condominium and it is 3.7 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.

After you have found the right property at Phanasons City Condominium you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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.

Reviews

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
The condo is in the center at an affordable price
Maria Schaefer, Germany, 6 years ago
This condo is in the center, so it’s easy to travel anywhere. More importantly, it comes at a very affordable price. The room I stayed in is a spacious one-bedroom unit. The furniture is not very new, but looks durable and works well. Also, there are complete facilities like other typical condos, which is a restaurant and gym. Overall, it’s so cost-effective.
Excellent location!
Kim Ryuwoon, South Korea, 8 years ago
It is a big project with many buildings. The location is fantastic. It's only a few minutes walk from Makro Phuket and Central Festival Phuket. The atmosphere is calm. The food is also easily accessible in this location, and the rental price is reasonable. The room is clean, big, and completely furnished. However, the walls are a little thin, so I can hear the sound of the door opening and closing. There is also a swimming pool, an outdoor and indoor parking lot. The neighbors are both Thais and foreigners.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

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