Studio Condo for sale at The Passport

(2 Reviews)
Chalong, Phuket Town,Phuket
Unit ID: U163271
7% GUAR. RETURN FOR 5 YEARS
Studio Bedroom
1 Bathroom
30.72 SqM Size
1 Floor
Sep 2021 Completed

About This Condo

This property is a 30.72 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Passport project in Chalong, Phuket and was completed in Sep 2021. You can buy this condo for a base price of ฿5,468,000 (฿177,995/SqM).

Features

TerraceTerrace

Basic Information

Date Listed Jun 21, 2019
Updated 3 years ago
Property Type Condo
Floor 1
Bedroom Studio
Size 30.72 SqM
Price per SqM ฿177,995
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, Leasehold, 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
Unit Type STU
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.
฿1,997/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U163271

Price Analysis

Great Price
Estimated market value ฿6,441,613
Great
฿6,200,000
Good
Fair
Above
฿6,800,000
Current asking Price: ฿5,468,000
This condo is ฿973,613 BELOW MARKET (-15%) 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

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.
฿1,997/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: The Passport
Developer: W&T Investment
Construction: Completed (Sep 2021)
Floors: 4
Buildings: N/A
Units: 198
Project Area: N/A
Nearest Landmark Chalong Pier - 1.5 Km
Location: Chalong, Phuket
The Passport Project Details

Project Features

Hotel Managed Hotel Managed
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
Car Parking Car Parking
Spa Spa
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Close
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Payment Plan

Studio and One Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
Upon the starting of construction
30%
3rd Installment
Upon the completion of main structural construction
30%
4th Installment
On handover
20%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
Upon starting constructio
30%
3rd Installment
Upon the completion of main structural construction
30%
4th Installment
On handover
20%
Penthouse
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
20%
2nd Installment
Upon starting construction
30%
3rd Installment
Upon complete the main structural constructio
30%
4th Installment
On handover
20%

Frequently Asked Questions

The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿1,997 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 The Passport the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
The Passport offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Chalong Pier is the nearest Pier from The Passport and it is 1.5 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

5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful condo next to the beach
Margie R., Netherlands, 3 years ago
The condo is under construction next to the beach with a beautiful design. It has a modern Phuket style, and there is not only good design but an excellent management system. The project team has designed to meet the residents' needs, especially those who love tranquil, private, and luxury. From the showroom, it is beautiful and cozy to live in. Moreover, the project offers a complete range of facilities such as a swimming pool, spa, gym, and bar. It's also not far from the main road, very convenient to go everywhere.
This place is the best!
Richard Walker, United States, 3 years ago
It is a very luxurious project right on the beachfront of the Chalong Bay area. It is also not far from Kata Beach, Karon Beach, Rawai Beach, and Chalong Pier. The project has a good atmosphere with many beautiful spots for photography. There are also beachside restaurants, rooftop pools, spas, and more like other famous luxury resorts. I recently booked a studio room. The size is about 29 square meters, it is just perfect, not too big and not too small. It is fully furnished with a set of modern furniture. The view from the room is also a sea view, superb! The project is almost completed. I can't wait to move in. I would like to recommend to anyone looking for a condo for investment and for living; this place is the best!
Phuket
Chalong

Neighborhood Overview

Location and Neighborhood

Street View

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