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    1 Bedroom Condo for sale at D Condo Mine
    Kathu, Kathu,Phuket
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    Sale Price
    £50,500
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    1 Bedroom Condo for sale at D Condo Mine

    (1 Review)
    Kathu, Kathu,Phuket
    Unit ID: U1912244
    7% Rental Yield
    1 Bedroom
    1 Bathroom
    31 SqM Size
    4 Floor
    Jun 2014 Completed
    (1 Review)
    Sale Price
    £50,500
    19

    About This Condo

    This property is a 31 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Kathu, Phuket and was completed in Jun 2014. You can buy this condo for a base price of £50,500 (£1,630/SqM).

    Basic Information

    Date Listed Aug 16, 2024
    Updated 1 day ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 31 SqM
    Price per SqM £1,630
    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
    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) N/A
    Unit Type N/A
    Building Building B
    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.
    £29/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1912244

    Investment Opportunity: Charges & Yield

    Sale Price
    £50,500
    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.
    £29/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
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at D Condo Mine, and the current sales price.
    7%

    Project Details

    Project Name: D Condo Mine
    Developer: Sansiri
    Construction: Completed (Jun 2014)
    Floors: 8
    Buildings: 2
    Units: 436
    Project Area: 7,811 SqM
    Nearest Landmark Patong Beach - 6.5 Km
    Location: Kathu, Phuket
    D Condo Mine 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
    Reception / Lobby Area Reception / Lobby Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at D Condo Mine

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at D Condo Mine

    For Sale 8 For Rent 23
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to D Condo Mine
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at D Condo Mine 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 €34 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 D Condo Mine the required payment for the sinking fund is €14 per square meter based on the size of the indoor area of the property.
    Patong Beach is the nearest Beach from D Condo Mine and it is 6.5 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 D Condo Mine 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 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Affordable rental condo
    Joe Carroll, Canada, 5 years ago
    I have been renting the studio room here for many years. It is a very nice condo in a perfect location close to many amenities, including Tesco Lotus and Central Festival Phuket, just driving for 5 minutes, and Big C Phuket is 7 minutes away. Bangkok International Hospital Phuket is the best hospital in Phuket, which is only 3 kilometers away from the project, but if you drive to Patong, it will take less than 20 minutes. The rental price is incredibly cheap. The studio room size is relatively small for me but convenient as it's fully furnished. The swimming pool here is huge; you can enjoy it in your free time to relax. The common area is clean, and the security guards do their job well. For some downside, the gym equipment is always broken, many things didn't work. Parking has never been enough because a lot of people live here and don't follow the rules. The juristic person works slowly, but I rarely spend a lot of time at the condo because I work, so I don't have any problems, but out of 10, I would rate 8. It is considered the place my second home.
    Phuket
    Kathu

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