Studio Condo for sale at Sunshine Beach

(2 Reviews)
Choeng Thale, Thalang,Phuket
Unit ID: U399559
7% GUAR. RETURN FOR 5 YEARS
Studio Bedroom
1 Bathroom
36.60 SqM Size
2 Floor
Jun 2024 Off Plan

About This Condo

This property is a 36.60 SqM studio condo with 1 bathroom that is available for sale. It is part of the Sunshine Beach project in Choeng Thale, Phuket and it is scheduled for completion in Jun 2024. You can buy this condo for a base price of ฿6,277,541 (฿171,518/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Feb 20, 2020
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom Studio
Size 36.60 SqM
Price per SqM ฿171,518
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%.

Foreign Quota, Thai Quota, Company
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) Sea View, Pool View
Unit Type STU-H
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.
฿2,196/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U399559

Price Analysis

Great Price
Estimated market value ฿7,271,915
Great
฿6,870,000
Good
Fair
Above
฿7,460,000
Current asking Price: ฿6,277,541
This condo is ฿994,374 BELOW MARKET (-14%) 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

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.
฿2,196/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: Sunshine Beach
Construction: Off Plan (Jun 2024)
Floors: 5
Buildings: 9
Units: 672
Project Area: 20,246 SqM
Nearest Landmark Laguna Beach - 0.2 Km
Location: Choeng Thale, Phuket
Sunshine Beach 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)
Indoor Kids Zone Indoor Kids Zone
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Party Hall / Group Entertainment Party Hall / Group Entertainment
Mini Theater Mini Theater
Communal Garden Area Communal Garden Area

Popular Facilities at Sunshine Beach

  • Communal Pool
    1st Floor
  • Bar
    Rooftop
  • Communal Gym
    1st Floor
  • Indoor Kids Zone
    1st Floor
  • Lounge
    1st Floor
  • Party Hall / Group Entertainment
    1st Floor
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Available Units at Sunshine Beach

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Payment Plan

1BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Down Payment
50%
2nd Installment
Dec 2023
40%
3rd Installment
Jun 2024
10%
2BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
Down Payment
Down Payment
50%
2nd Installment
Dec 2023
40%
3rd Installment
Jun 2024
10%
3BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
Down Payment
Down Payment
50%
2nd Installment
Dec 2023
40%
3rd Installment
Jun 2024
10%

Frequently Asked Questions

No pets are allowed at Sunshine Beach 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 ฿2,196 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.
Sunshine Beach offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Laguna Beach is the nearest Beach from Sunshine Beach and it is 0.2 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, you have to follow these steps:

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

1BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Down Payment
50%
2nd Installment
Dec 2023
40%
3rd Installment
Jun 2024
10%
2BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
Down Payment
Down Payment
50%
2nd Installment
Dec 2023
40%
3rd Installment
Jun 2024
10%
3BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
Down Payment
Down Payment
50%
2nd Installment
Dec 2023
40%
3rd Installment
Jun 2024
10%

Read more here

This option has surged in popularity in recent years. We offer immersive online tours for a wide range of properties, allowing you to explore them from the comfort of your home. Our seasoned team can also arrange personalized video tours. When you're ready to proceed with your purchase, we can seamlessly guide you through the entire property transfer process, and if needed, recommend a trusted lawyer to handle the transaction on your behalf, even if you're not physically present.

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

4.7 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Can't wait to move in!
Luca Jensen, Belgium, 3 years ago
Last week, I checked on the Fazwaz website and found many projects on sale, so I contacted the salesperson for more detail about the property. I found out that this condo is interesting. Each unit comes in a perfect size and fully-furnished. The facilities include a gym, a swimming pool, and restaurants which are very convenient. In just 5 minutes, you can get to Bang Tao Beach, the beach that I love the most because it's clean and peaceful. Can't wait to move in!
Everything is beautiful
Sumet T., Thailand, 3 years ago
I just reserved a studio room here. Everything is beautiful, including the designs, color scheme, furniture, and space allocation in the room that fits perfectly. The project facilities are also fully equipped, such as the large communal pool, which is very attractive, pool bar, and sky bar for a relaxing time. It is close to Bang Tao beach in walking distance. I bought it as the price is not considered expensive. It is suitable for rental business or living based on its value. The staff informed me that there is a 7% rental return guarantee for the first 5 years, free stay in my unit for unlimited days, and many more. I don't hesitate to reserve a room here.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sunshine Beach

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
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Number of units
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Location
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฿15.8M - ฿60.9M
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Year Built
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Completion Status
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Number of units
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฿4.8M - ฿15.2M
Monthly Rentals
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Year Built
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Location
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Number of units
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Sales Prices
฿89.9M - ฿110M
▼ -12.5% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
40
Sales Prices
฿18.2M - ฿23.5M
▼ -10% underpriced
Monthly Rentals
฿85K - ฿95K
Year Built
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Completion Status
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Location
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
฿87.8M - ฿176M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
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Project Name
Layan Verde
Location
Choeng Thale, Thalang, Phuket
Number of units
733
Sales Prices
฿5.66M - ฿95.8M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
10
Sales Prices
฿94.6M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
1
Sales Prices
฿23M
Monthly Rentals
N/A
Year Built
Jun 2008
Completion Status
Completed
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