Studio Condo for sale at Pu Condo

4.83 (2 Reviews)
Karon, Phuket Town,Phuket
Unit ID: U513366
7% GUAR. RETURN FOR 3 YEARS
฿3,336,000 Great Price
Studio Bedroom
1 Bathroom
24 SqM Size
3 Floor
Dec 2022 Off Plan

About This Condo

This property is a 24 SqM studio condo with 1 bathroom that is available for sale. It is part of the Pu Condo project in Karon, Phuket and it is scheduled for completion in Dec 2022. You can buy this condo for a base price of ฿3,336,000 (฿139,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 24 SqM
Price per SqM ฿139,000
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%.

Leasehold
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) Pool View
Unit Type B
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.
฿1,440/mo
Listed By
Developer
Date Listed Apr 30, 2020
Last Updated 2 years ago
Unit ID U513366

Price Analysis

Great Price
Estimated market value ฿3,776,064
Great
฿3,730,000
Good
Fair
Above
฿3,790,000
Current asking Price: ฿3,336,000
This condo is ฿440,064 BELOW MARKET (-12%) 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
฿3,336,000
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.
฿1,440/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
3 Years

Project Details

Project Name: Pu Condo
Construction: Off Plan (Dec 2022)
Floors: 3
Buildings: N/A
Units: 243
Project Area: N/A
Nearest Landmark Patong Beach - 1.3 Km
Location: Phuket Town, Phuket
Pu Condo Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Payment Plan

Standard Construction
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation starting
25%
3rd Installment
Foundation completion
15%
4th Installment
Concrete Structure Completion
15%
5th Installment
On handover
10%
Deffered Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation starting
15%
3rd Installment
Concrete Structure Completion
10%
4th Installment
Post Construction Payment (Divided Up to 2 years)
40%

Frequently Asked Questions

The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿1,440 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 Pu Condo the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
Pu Condo offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Patong Beach is the nearest Beach from Pu Condo and it is 1.3 km away.
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 4.83
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location on the way up to Patong Hill.
5 Thanya P., United States, 1 year ago
It is an excellent location on the way up to Patong Hill overlooking the Andaman Sea and next to Sirirat Road. The location makes it easy to travel to both Patong Beach or Phuket Town. Wonderful atmosphere as the project is surrounded by trees. The facilities range from a swimming pool, spa, fitness, restaurant, and lobby. The rooms are available in studio and one-bedroom types. The living space comes in proper size with well-organized furniture. The price is cut now, so it isn't that expensive. It is perfect for investment.
I just reserved a one-bedroom room here
4.7 Christian F., United Kingdom, 2 years ago
I just reserved a one-bedroom room here, which is a reasonably large room. The design and decoration are beautiful, modern, fully furnished, and complete, no need to buy anything more. The project also offers excellent facilities such as a swimming pool, gym, spa, restaurant, and more. What I like the most is the location near Patong Beach and Karon Beach, considered the best location on Phuket Island for traveling or taking a vacation in an atmosphere of natural surroundings. It is fully equipped with facilities; which makes it very difficult to find a project like this. What are you waiting for?
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pu Condo

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
Location
Karon, Phuket Town, Phuket
Number of units
5
Sales Prices
฿27.2M - ฿41.9M
▼ -0.8% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Karon, Phuket Town, Phuket
Number of units
39
Sales Prices
฿3.12M - ฿6.24M
▼ -34% underpriced
Monthly Rentals
฿15.1K - ฿35.2K
Year Built
Nov 2010
Completion Status
Completed
Project Name
Bukit Pool Villa
Location
Karon, Phuket Town, Phuket
Number of units
6
Sales Prices
฿20.6M - ฿23.7M
▼ -2.8% underpriced
Monthly Rentals
฿121K
Year Built
Jul 2015
Completion Status
Completed
Project Name
The Haven Lagoon
Location
Karon, Phuket Town, Phuket
Number of units
54
Sales Prices
฿3.02M - ฿9.06M
▼ -28% underpriced
Monthly Rentals
฿18.1K - ฿35.2K
Year Built
Sep 2011
Completion Status
Completed
Project Name
Phuket Palace
Location
Karon, Phuket Town, Phuket
Number of units
168
Sales Prices
฿2.11M - ฿12.1M
▼ -26.3% underpriced
Monthly Rentals
฿16.1K - ฿39.3K
Year Built
Nov 1992
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
16
Sales Prices
฿4.83M - ฿15.1M
▼ -39% underpriced
Monthly Rentals
฿16.1K - ฿65.5K
Year Built
Oct 2002
Completion Status
Completed
Project Name
Patong Bay Hill
Location
Karon, Phuket Town, Phuket
Number of units
429
Sales Prices
฿4.75M - ฿6.61M
▲ 7.4% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
8
Sales Prices
฿15.1M
Monthly Rentals
N/A
Year Built
May 2005
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿14.1M
Monthly Rentals
N/A
Year Built
May 2002
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
148
Sales Prices
฿9.82M - ฿25.8M
▲ 16.7% overpriced
Monthly Rentals
N/A
Year Built
May 2015
Completion Status
Completed
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