Studio Condo for sale at Splendid Condominium

(1 Review)

Karon, Phuket Town,Phuket

Unit ID: U64508

7% GUAR. RETURN FOR 5 YEARS

Studio Bedroom

1 Bathroom

23.42 SqM Size

2 Floor

Mar 2019 Completed

(1 Review)

Sale Price

฿3,513,000

About This Condo

This property is a 23.42 SqM studio condo with 1 bathroom that is available for sale. It is part of the Splendid Condominium project in Karon, Phuket and was completed in Mar 2019. You can buy this condo for a base price of ฿3,513,000 (฿150,000/SqM).

Live a Luxurious Life on Phuket: Stunning Studio Condo for ฿3,513,000

Are you ready to finally live on the stunning island of Phuket? This stunning new condo is perfect for anyone looking to make the idyllic island your home. Located in the Splendid Condominium project in Karon, this 23.42 SqM studio condo offers a modern, luxurious lifestyle. This newly built condo was completed in Mar 2019 and offers exceptional amenities from within its walls. Boasting one full bathroom and a modern, open-concept layout, this condo provides the perfect combination of usability and style. With a beautiful blend of practicality and luxury, this condo allows you to take advantage of all Phuket has to offer in comfort and style. At a base price of ฿3,513,000 (฿150,000/SqM), this condo could now be yours. With its convenient location, sleek and modern design and luxurious amenities, this is the perfect opportunity to own a slice of paradise. Take advantage of this incredible opportunity and make this condo your new home. With a starting price of ฿3,513,000 (฿150,000/SqM) and its unbeatable location, you won't want to pass up this amazing chance. Do not miss your opportunity to own this incredible studio condo and start living the life you've always dreamed of. Contact us today to learn more about this once in a lifetime opportunity!

Features

Balcony

Basic Information

Date Listed Feb 16, 2018

Updated 3 years ago

Property Type Condo

Floor 2

Bedroom Studio

Size 23.42 SqM

Price per SqM ฿150,000

Pets Not Allowed

Condo Ownership

Foreign Quota, Thai Quota, Leasehold, Company

Furniture

Available for ฿350,000

View(s) Mountain View

Unit Type STU

Building N/A

CAM Fee

฿1,405/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U64508

Price Analysis

Above Average

Estimated market value ฿3,088,234

Great

Good

Fair

Above

Current asking Price: ฿3,513,000 | Rental estimate: ฿29,300/mo

This condo is ฿424,766 ABOVE 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.

Investment Opportunity: Charges & Yield

Sale Price

฿3,513,000

CAM Fee

฿1,405/mo

Price-to-Rent Ratio

Guaranteed Rental Return

Guarantee Duration

5 Years

Project Details

Project Name: Splendid Condominium

Developer: Kata Sea View Condominium Co., Ltd

Construction: Completed (Mar 2019)

Floors: 3

Buildings: 2

Units: 27

Project Area: 1,600 SqM

Nearest Landmark Kata Beach - 1.3 Km

Location: Karon, Phuket

Splendid Condominium Project Details

Project Features

Hotel Managed

Communal Pool

Jacuzzi

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Popular Facilities at Splendid Condominium

Communal Pool

Rooftop
Communal Gym

Ground Floor

Available Units at Splendid Condominium

For Sale 6 For Rent 5

All
Studio
2 Beds

Foreign Quota Fully Furnished Sea View

Foreign Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished Mountain View

Thai Quota Fully Furnished Sea View

Foreign Quota Fully Furnished Sea View

Foreign Quota Fully Furnished Garden View

Get notified when new homes are being added to Splendid Condominium

View All (6)

Loan Calculator

Payment Plan

Payment Terms

Installment Milestone Payment

Reservation Deposit

Immediately

฿150,000

1st Installment

Upon contract signing

95%

3rd Installment

On handover

Frequently Asked Questions

No pets are allowed at Splendid 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 ฿1,405 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 Splendid Condominium the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.

Splendid 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.

Kata Beach is the nearest Beach from Splendid Condominium and it is 1.3 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.

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Reviews

5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Property close to Kata Beach

Mary Smirnov, Russia, 3 years ago

If there is a chance to come back to Phuket, I will definitely come back here! Although it was a short time spent on the project, everything was so perfect. The project looks new and clean; the room is in good condition, and the furniture looks quality. The staff was friendly and helpful. There are a swimming pool, fitness center, and free parking for residents. The location is good, close to Kata beach. You can walk or drive in a few mins. The atmosphere around is quiet. It is a great place to relax and is a small project that makes it less crowded. Most of the neighbors are foreigners.

Phuket

Karon