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    Palmetto Park Condominium

    (1 Review)
    Karon, Phuket Town, Phuket
    Mar 2024 Completed
    7 Floors
    1 Building
    77 Units
    1,120 SqM Project Area
    Overview Units Facilities FAQ Reviews Map
    Request Details
    (1 Review)
    For Sale 5 Units
    £114,000
    ▼ -1% underpriced
    11

    Overview of Palmetto Park Condominium in Karon, Phuket

    Palmetto Park Condominium is a condo and apartment project located in Karon, Phuket and was completed in Mar 2024. It has 77 units across 7 floors and was developed by Art House Group, who is also behind Hennessy Villa, Hennessy Residence and Above Element.

    About Palmetto Park Condominium

    Palmetto Park Condominium perfectly designs your rhythm of life in a new boutique condominium on Phuket Island from the professional developer known as Art House Group. The project has been creatively styled to suit the residents' well-being, cultures, and traditions, as well as to prioritize the potential and worthwhile investment that provides 7% guaranteed rental yields for three years, as well as 14 complimentary night stays.

    Additionally, the project kindly offers comprehensive facilities, including the beautiful reception and lobby, communal pool, fully equipped gym, communal garden area, lush green lounge, and excellent security system. There are also 2 room types to choose from, decorated in a modern style, ranging from 1-2 bedrooms, with only 77 residential units. Moreover, to care for the residents' privacy, it is positioned in a prime location that is surrounded by mountains and lush green trees, while also only 950 meters in proximity to Karon Beach or about 15 minutes. It is also close to a number of popular tourist attractions, such as Kata Beach, Kata Noi Beach, Tri Trang Beach, Freedom Beach, Patong Beach, and Karon Viewpoint.

    Project Information
    Palmetto Park Condominium is a 7-story low-rise condominium project consisting of a single building with only 77 residential units in an area of approximately 280 square wah. It is located at Soi Patak 14, Karon, Phuket Town, Phuket. The project was developed by Art House Group, and the construction is scheduled to be completed within 2022.

    Room Types and Details
    - 1 Bedroom, 1 Bathroom (30-32 sq.m)
    - 2 Bedrooms, 2 Bathrooms (61 sq.m)

    Project Facilities
    - Reception
    - Communal Pool
    - Lounge
    - Library
    - Communal Gym
    - Communal Garden Area
    - CCTV
    - 24H Security System
    - Car Parking

    Direction to the Project
    - To get to the project by car, you can start from Karon Beach by heading north along Karon Road (Route 4030) with a distance of about 230 meters. Then, turn right onto Luang Phor Chuan Road to drive further for 350 meters, and turn left onto Route 4028 to continue driving for another 160 meters. Afterward, turn right onto Soi Patak 14 to drive about 350 meters, and you will find the project on the right.

    Features & Amenities

    • All
    • Leisure
    • Convenience
    3
    Photos 1 of the Communal Pool at Palmetto Park Condominium     Photos 2 of the Communal Pool at Palmetto Park Condominium Photos 3 of the Communal Pool at Palmetto Park Condominium
    • Communal Pool at Palmetto Park Condominium
      Communal Pool
      Rooftop
    • Library / Reading Room at Palmetto Park Condominium
      Library / Reading Room
      1st Floor
    • Reception / Lobby Area at Palmetto Park Condominium
      Reception / Lobby Area
      1st Floor

    Available Units at Palmetto Park Condominium

    • All
    • 1 Bed
    Get notified when new homes are being added to Palmetto Park Condominium
    View All (5)
    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 Palmetto Park Condominium?

    Find out how much your property is worth and start your listing for free.

    Valuate Now How it works

    Facilities and Floor Plans

    Facilities

    Leisure
    Communal Pool
    Library / Reading Room
    Lounge
    Communal Garden Area
    Convenience
    Car Parking
    Reception / Lobby Area
    Safety
    24H Security
    CCTV (Video Surveillance)

    Parking & Lift

    Ratio of Parking Spaces to # of Units : 13%
    Parking Type : Conventional
    Charging Stations on Site : No
    # of passenger lifts in each building : 2

    Management

    Common Area Management 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/SqM
    Sinking Fund :
    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 Palmetto Park Condominium the required payment for the sinking fund is £18 per square meter based on the size of the indoor area of the property.
    £18/SqM
    Electricity Price : Government Rate
    Water Price : Government Rate
    Pets : Not Allowed

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Reservation Deposit
    £3,420
    2nd Installment
    Upon contract signing
    65%
    3rd Installment
    On handover
    35%

    Master Plan

    Master Plan of Palmetto Park Condominium - Photo 1

    Building Floor Plans

    Building Floor Plan of Palmetto Park Condominium - 2nd - 6th Floor Building Floor Plan of Palmetto Park Condominium - 7th Floor
    • Communal Pool at Palmetto Park Condominium on Rooftop
      Communal Pool
      Rooftop
    • Library / Reading Room at Palmetto Park Condominium on 1st Floor
      Library / Reading Room
      1st Floor
    • Reception / Lobby Area at Palmetto Park Condominium on 1st Floor
      Reception / Lobby Area
      1st Floor

    About the Developer - Art House Group

    All Art House Group Projects
    8 Projects 938 Units

    Frequently Asked Questions

    Frequently asked questions about Palmetto Park Condominium
    No pets are allowed at Palmetto Park 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 at Palmetto Park Condominium is £1 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Palmetto Park Condominium the required payment for the sinking fund is £18 per square meter based on the size of the indoor area of the property.
    Karon Beach is the nearest Beach from Palmetto Park Condominium and it is 0.8 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 Palmetto Park 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
    Reservation Deposit
    £3,420
    2nd Installment
    Upon contract signing
    65%
    3rd Installment
    On handover
    35%

    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

    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
    It is an interesting project.
    Lisa W., United Kingdom, 2 years ago
    It is an interesting project since it's close to Karon Beach, with only 10 minutes in walking distance. The surrounding area is serene, surrounded by lush green mountains, providing a pleasant atmosphere. Many restaurants and shops are nearby, as well as being close to Kata Beach and Patong Beach. Interestingly, there are only 70 units, ranging from 1 to 2 bedrooms. 1 bedroom units are variously offered, ideal for staying 1-2 people, designed in modern and tastefully decorated. The facilities include the lounge, garden area, swimming pool, gym, etc. The selling price is also affordable, giving the best-guaranteed returns, which is perfect for investment. Well, it's a new project in an excellent location.
    Phuket
    Karon
    Neighborhood Overview of Karon, Phuket

    Neighborhood Overview

    Location and Neighborhood

    Street View


    Surrounding area

    Palmetto Park Condominium is conveniently located just 330 m from Ice Family Tour, which can be reached within 4 mins. by foot.

    There are many other shops situated in the area of Palmetto Park Condominium, the 3 closest being:
    - Kata Shopping Center Phuket is 540 m away (about 7 mins. by foot)
    - Survoo Coffee by Mrs. Kanya Mooksakul is 830 m away (about 10 mins. by foot)
    - Lotus Karon is 820 m away (about 10 mins. by foot)

    The surrounding area, where Palmetto Park Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
    - Bird mini mart is 880 m away (a walk of about 13 mins.)
    - Mellow space boutique rooms & Restaurant is 410 m away (a walk of about 6 mins.)
    - Mellow Rooms is 410 m away (a walk of about 6 mins.)

    Clinic is the nearest health facility, which is 1.9 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Palmetto Park Condominium are:
    - Sunrise Divers Phuket Thailand - SSI Scuba Diving Training Center is 460 m away (about 6 mins. by foot)
    - Sharkey Scuba Dive Center Karon Phuket is 1.3 km away (an approx. drive of 3 mins.)
    - PSSC Surf Phuket is 1.5 km away (an approx. drive of 3 mins.)

    Phuket International Airport is located 47.5 km from Palmetto Park Condominium and it takes about 1 hour 0 mins. by car or taxi (depending on the traffic) to get there.

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