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    1 Bedroom Condo for sale at Centrio
    Wichit, Phuket Town,Phuket
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    Sale Price
    £72,500
    Schedule Viewing

    1 Bedroom Condo for sale at Centrio

    (2 Reviews)
    Wichit, Phuket Town,Phuket
    Unit ID: U13666
    7% GUAR. RETURN FOR 2 YEARS
    1 Bedroom
    1 Bathroom
    36 SqM Size
    6 Floor
    Aug 2015 Completed
    (2 Reviews)
    Sale Price
    £72,500
    8

    About This Condo

    This property is a 36 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wichit, Phuket and was completed in Aug 2015. You can buy this condo for a base price of £72,500 (£2,010/SqM).

    Rare Opportunity in Wichit - Don't Miss It!

    This 36 SqM condo located in the Centrio project in Wichit, Phuket is a one-of-a-kind opportunity that you won't want to miss. This condo is well appointed, comprising of one bedroom, one bathroom and completed in August 2015. A property of this caliber with is rare in this area and offers serious potential to investors. All the modern conveniences are at your fingertips and with its prime location in a growing district, there is huge potential to capitalize from. The price tag of ฿3,127,727 (amounting to ฿86,881/SqM), makes this offering hard to resist. When you consider the fact that a similar style property in the neighbouring district is selling for ฿90,000/SqM, you can start to see the potential return on your investment. The Centrio Project is located at the center of the up and coming Wichit district. With its close proximity to businesses, shopping convenience and all amenities, the area continues to grow, making this a safe and secure investment. This offered condo is truly a rarity and assures investors of a security and future returns. Truly, this is an incredible opportunity to purchase a beautiful condo with all the modern amenities at a reasonable price. If you're looking for a great opportunity to be part of something truly unique with tremendous potential, then this is the right property for you. Enquire today and make sure you don't miss out.

    Features

    BalconyBalcony

    Basic Information

    Date Listed Nov 3, 2016
    Updated 4 years ago
    Property Type Condo
    Floor 6
    Bedroom 1
    Size 36 SqM
    Price per SqM £2,010
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) Pool View
    Unit Type 1BR
    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.
    £25/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U13666

    Investment Opportunity: Charges & Yield

    Sale Price
    £72,500
    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.
    £25/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
    2 Years

    Project Details

    Project Name: Centrio
    Developer: Able Asset Co., Ltd.
    Construction: Completed (Aug 2015)
    Floors: 8
    Buildings: N/A
    Units: 465
    Project Area: N/A
    Nearest Landmark Patong Beach - 10 Km
    Location: Wichit, Phuket
    Centrio Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Centrio

    For Sale 39 For Rent 18
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Updated 1 week ago
    Available Units at Centrio
    £44,000
    £1,420/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31 SqM Size
    Floor 7 Floor
    Thai Quota Fully Furnished Park View
    Updated 1 month ago
    Available Units at Centrio
    £55,400
    £1,580/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Centrio
    £55,400
    £1,810/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 30.55 SqM Size
    Floor 4 Floor
    Thai Quota Fully Furnished Unblocked Open View
    Updated 2 months ago
    Available Units at Centrio
    £55,600
    £1,850/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 30 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Pool View
    Updated 2 months ago
    Available Units at Centrio
    £123,000
    £1,890/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 65 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Centrio
    £55,400
    £1,790/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31 SqM Size
    Floor 3 Floor
    Fully Furnished Mountain View
    Available Units at Centrio
    £67,200
    £1,920/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 5 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at Centrio
    £56,600
    £1,870/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 30.30 SqM Size
    Floor Ground Floor Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £87,200
    £1,930/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 45.25 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £46,200
    £1,490/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 31 SqM Size
    Floor 2 Floor
    Thai Quota Fully Furnished City View
    Available Units at Centrio
    £51,000
    £1,420/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 36 SqM Size
    Floor 2 Floor
    Thai Quota Fully Furnished Mountain View
    Available Units at Centrio
    £56,900
    £1,860/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 30.65 SqM Size
    Floor 1 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £88,500
    £1,860/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 47.55 SqM Size
    Floor Ground Floor Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £57,800
    £1,890/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 30.60 SqM Size
    Floor Ground Floor Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £90,900
    £1,930/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 47.20 SqM Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at Centrio
    £57,900
    £1,890/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 30.55 SqM Size
    Floor 1 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £91,400
    £1,970/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 46.40 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £58,700
    £1,920/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 30.60 SqM Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £92,600
    £2,000/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 46.40 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £60,100
    £1,970/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 30.55 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £93,200
    £2,030/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 45.85 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at Centrio
    £65,600
    £1,870/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 35.05 SqM Size
    Floor 1 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £107,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 56.80 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £67,000
    £1,910/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £108,000
    £1,830/SqM
    Great Price
    Beds 2 Beds
    Baths 2 Baths
    Size 59.05 SqM Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at Centrio
    £67,800
    £1,960/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 34.55 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £109,000
    £1,910/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 56.80 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £69,100
    £1,920/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 36 SqM Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at Centrio
    £110,000
    £1,930/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 57 SqM Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at Centrio
    £69,100
    £2,000/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 34.55 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Get notified when new homes are being added to Centrio
    View All (39)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Centrio 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 £1 per square meter based on the size of indoor area of the property and is £25 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.
    Centrio offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 2 Years.
    Read more here.
    Patong Beach is the nearest Beach from Centrio and it is 10 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 Centrio you have to follow these steps:

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

     


    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

    4.8 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Condo in town near convenient places
    Minna O., Belgium, 5 years ago
    This condo is on the main road, with some noise, especially during the day times. Still, it is considered acceptable as travel around is easy. It's near Central Festival Phuket with less than 10 minutes drive. You can easily find food there. In terms of a neighborhood, there are many restaurants and shops. The room I rented is a studio room, fully furnished, and rented out at a low price. The facilities here are well maintained, especially the swimming pool and fitness center. Security guards work very well.
    The wonderful project!!
    Jackson Lee, China, 5 years ago
    The location is excellent. It’s in the heart of the city, close to the Central Department Store, and a weekend market. Going to Patong is also very convenient. It takes about 20 minutes only. There is a full-service common area within the project, including a saltwater swimming pool, ample parking space, fitness, and golf putting stimulator. The neighbors are both Thai and foreign. The unit I live in is a one-bedroom room, and the size is perfect for living alone. It is fully furnished with furniture, ready to move in. There is a small kitchen corner, including a microwave, a stove, and a hood. More importantly, the rental price here is very reasonable. Recommended!
    Phuket
    Wichit

    Neighborhood Overview

    Location and Neighborhood

    Street View

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