Studio Condo for sale at New Nordic Phuket Waterworld

 (Write Review)
Choeng Thale, Thalang,Phuket
Unit ID: U25416
9% GUAR. RETURN FOR 10 YEARS
Studio Bedroom
1 Bathroom
28.40 SqM Size
Ground Floor Floor
Dec 2021 Completed

About This Condo

This property is a 28.40 SqM studio condo with 1 bathroom that is available for sale. It is part of the New Nordic Phuket Waterworld project in Choeng Thale, Phuket and was completed in Dec 2021. You can buy this condo for a base price of ฿3,266,000 (฿115,000/SqM).

Basic Information

Date Listed Mar 23, 2017
Updated 3 years ago
Property Type Condo
Floor Ground Floor
Bedroom Studio
Size 28.40 SqM
Price per SqM ฿115,000
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, 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) Park 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.
฿2,130/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U25416

Price Analysis

Above Average
Estimated market value ฿3,094,898
Great
฿2,970,000
Good
Fair
Above
฿3,090,000
Current asking Price: ฿3,266,000
This condo is ฿171,102 ABOVE MARKET (6%) 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.
฿2,130/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.
12
Guaranteed Rental Return
9%
Guarantee Duration
10 Years

Project Details

Developer: New Nordic Group
Construction: Completed (Dec 2021)
Floors: 7
Buildings: N/A
Units: 605
Project Area: N/A
Nearest Landmark Bang Tao Beach - 0.4 Km
Location: Choeng Thale, Phuket
New Nordic Phuket Waterworld Project Details

Project Features

Hotel Managed Hotel Managed
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
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Close
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Payment Plan

Installment Milestone Payment
Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
35%
2nd Installment
Start Piling
20%
3rd Installment
Start Construction
15%
4th Installment
On roof
20%
5th Installment
100% construction completion
10%

Frequently Asked Questions

The common area maintenance fee is ฿75 per square meter based on the size of indoor area of the property and is ฿2,130 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 New Nordic Phuket Waterworld the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
New Nordic Phuket Waterworld offers a guaranteed rental return of 9% (based on the purchase price of the property) for a duration of 10 Years.
Read more here.
Bang Tao Beach is the nearest Beach from New Nordic Phuket Waterworld and it is 0.4 km away.
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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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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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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