Studio Condo for sale at SOLE MIO Condominium

4.5 (1 Review)
Choeng Thale, Thalang,Phuket
Unit ID: U1368462
7% GUAR. RETURN FOR 5 YEARS
฿4,500,000
Studio Bedroom
1 Bathroom
36 SqM Size
2 Floor
Feb 2023 Completed

About This Condo

This property is a 36 SqM studio condo with 1 bathroom that is available for sale. It is part of the SOLE MIO Condominium project in Choeng Thale, Phuket and was completed in Feb 2023. You can buy this condo for a base price of ฿4,500,000 (฿125,000/SqM).

Features

BalconyBalcony TVTV

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 36 SqM
Price per SqM ฿125,000
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%.

N/A
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
Unit Type N/A
Building SOLE MIO Condominium
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.
฿2,160/mo
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
Date Listed Jan 19, 2023
Last Updated 4 hours ago
Unit ID U1368462

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
฿2,160/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
5 Years

Project Details

Project Name: SOLE MIO Condominium
Construction: Completed (Feb 2023)
Floors: 7
Buildings: 1
Units: 124
Project Area: 12,000 SqM
Nearest Landmark Bang Tao Beach - 0.3 Km
Location: Thalang, Phuket
SOLE MIO Condominium Project Details

Project Features

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

Popular Facilities at SOLE MIO Condominium

  • Reception / Lobby Area
    1st Floor
  • On Site Restaurant
    Rooftop
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop

Available Units at SOLE MIO Condominium

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Available Units at SOLE MIO Condominium
฿125,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 2 Floor
Fully Furnished City View
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Compare
Available Units at SOLE MIO Condominium
฿130,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Sea View
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Compare
Available Units at SOLE MIO Condominium
฿130,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿135,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿135,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿135,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿135,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿135,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿135,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿140,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Sea View
Favorite
Compare
Available Units at SOLE MIO Condominium
฿140,000
Beds Studio Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Sea View
Get notified when new homes are being added to SOLE MIO Condominium

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
70%
2nd Installment
upon completion of construction
20%
3rd Installment
On handover
10%

Frequently Asked Questions

No pets are allowed at SOLE MIO Condominium 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 ฿2,160 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 SOLE MIO Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
SOLE MIO Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Bang Tao Beach is the nearest Beach from SOLE MIO Condominium and it is 0.3 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 SOLE MIO Condominium you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
70%
2nd Installment
upon completion of construction
20%
3rd Installment
On handover
10%

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

Do you own a property at SOLE MIO Condominium?

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Cruise Ship Condominium
4.5 Raquel Roher, France, 3 years ago
It made me very interested in the Sole Mio condominium with a novel design because the construction building is similar to a cruise ship. Also, this project is still under construction. I have made inquiries and have visited the sale gallery, which makes me interested in booking this project. The staff gives very good consulting and information. The project also has a full range of facilities such as a swimming pool, a fitness room, a bar, and an on-site restaurant. Besides, it is close to many natural attractions such as Bangtao Beach, Surin Beach, and nearby Beach Clubs like Catch Beach Club and Lux ​​Beach Phuket in this prime location. I am not disappointed to have one of the rooms to own. Besides, The Sole Mio Condominium has special privileges to the investors, such as a 7% guaranteed rental return for 15 years; it's very worthwhile for future investments. This condominium project is more than a real accommodation.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SOLE MIO Condominium

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
Bright Phuket
Location
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Number of units
34
Sales Prices
฿6.66M - ฿34.5M
▲ 6.5% overpriced
Monthly Rentals
N/A
Year Built
Nov 2020
Completion Status
Completed
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
40
Sales Prices
฿18.2M
▲ 34% overpriced
Monthly Rentals
฿47.4K
Year Built
Apr 2008
Completion Status
Completed
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
120
Sales Prices
฿10.1M - ฿27.4M
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Completion Status
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Location
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Number of units
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Sales Prices
฿9.68M - ฿35.6M
Monthly Rentals
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Year Built
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Completion Status
Off Plan
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
24
Sales Prices
฿22.2M - ฿23.2M
▼ -9.7% underpriced
Monthly Rentals
฿111K - ฿141K
Year Built
May 2008
Completion Status
Completed
Project Name
Phuree Sala
Location
Choeng Thale, Thalang, Phuket
Number of units
5
Sales Prices
฿17.7M - ฿21.7M
▲ 2.6% overpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
165
Sales Prices
฿5.28M - ฿38.1M
▲ 1.8% overpriced
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Off Plan
Project Name
DI Luxury Villas
Location
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
฿65.3M - ฿144M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
16
Sales Prices
฿24.8M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
23
Sales Prices
฿6.76M - ฿15.1M
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Monthly Rentals
฿65.6K - ฿151K
Year Built
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Completion Status
Completed
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