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    1 Bedroom Condo for sale at Palmetto Condo
    Karon, Phuket Town,Phuket
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    Sale Price
    £105,000
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    1 Bedroom Condo for sale at Palmetto Condo

     (Write Review)
    Karon, Phuket Town,Phuket
    Unit ID: U1733724
    1 Bedroom
    1 Bathroom
    38 SqM Size
    3 Floor
    Jun 2020 Completed
     (Write Review)
    Sale Price
    £105,000
    6

    About This Condo

    This property is a 38 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Jun 2020. You can buy this condo for a base price of £105,000 (£2,760/SqM).

    Palmetto condominium The boutique-style condominium is situa

    Palmetto condominium residents enjoy a traditional coastal lifestyle, walking distance to the beach, 14 within walking distance 600 Meters to Phuket’s famous Karon beach. Plaza, and more. With luxurious amenities , Palmetto condominiums is similar to living in a five-star resort year round! Amenities include a courtyard style swimming pool , fitness center,and elegant and comfortable lobby areas, and more! Residents of Palmetto condominium enjoy valet parking, concierge service, and a secured building with 24 hour security. 

    Basic Information

    Date Listed Feb 16, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 38 SqM
    Price per SqM £2,760
    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%.

    Leasehold
    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) Partial Sea View, Garden View
    Unit Type N/A
    Building Palmetto Condo
    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.
    £1/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1733724

    Investment Opportunity: Charges & Yield

    Sale Price
    £105,000
    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.
    £1/mo

    Project Details

    Project Name: Palmetto Condo
    Developer: Art House Group
    Construction: Completed (Jun 2020)
    Floors: 6
    Buildings: 1
    Units: 30
    Project Area: 2,160 SqM
    Nearest Landmark Karon Beach - 0.8 Km
    Location: Karon, Phuket
    Palmetto Condo Project Details

    Project Features

    Hotel Managed Hotel Managed
    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

    Popular Facilities at Palmetto Condo

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      Rooftop
    • Communal Gym
      1st Floor

    Available Units at Palmetto Condo

    • All
    • 1 Bed
    Get notified when new homes are being added to Palmetto Condo
    View All (1)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Palmetto Condo 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 £1 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 Palmetto Condo the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
    Karon Beach is the nearest Beach from Palmetto Condo 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 Condo 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
    Immediately
    £3,420
    1st Installment
    Upon contract signing
    35%
    2nd Installment
    On handover
    65%

    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

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    Phuket
    Karon

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    Number of units
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    Year Built
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    Completion Status
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