1 Bedroom Condo for sale at Palmetto Park Condominium

(1 Review)
Karon, Phuket Town,Phuket
Unit ID: U1718582
1 Bedroom
1 Bathroom
30.84 SqM Size
3 Floor
Mar 2024 Completed

About This Condo

This property is a 30.84 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 Mar 2024. You can buy this condo for a base price of £148,000 (£4,800/SqM).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Jan 18, 2024
Updated 10 months ago
Property Type Condo
Floor 3
Bedroom 1
Size 30.84 SqM
Price per SqM £4,800
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
Unfurnished
View(s) Mountain 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.
£42/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1718582

Investment Opportunity: Charges & Yield

Sale Price
£148,000
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.
£42/mo

Project Details

Developer: Art House Group
Construction: Completed (Mar 2024)
Floors: 7
Buildings: 1
Units: 77
Project Area: 1,120 SqM
Nearest Landmark Karon Beach - 0.8 Km
Location: Karon, Phuket
Palmetto Park Condominium Project Details

Project Features

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

Popular Facilities at Palmetto Park Condominium

  • Communal Pool
    Rooftop
  • Library / Reading Room
    1st Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Palmetto Park Condominium

Get notified when new homes are being added to Palmetto Park Condominium
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Payment Plan

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

Frequently Asked Questions

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 is £1 per square meter based on the size of indoor area of the property and is £42 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 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

Location and Neighborhood

Street View

Projects Nearby Palmetto Park Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Palmetto Condo
Location
Karon, Phuket Town, Phuket
Number of units
30
Sales Prices
£104K
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Project Name
Utopia Karon
Location
Karon, Phuket Town, Phuket
Number of units
238
Sales Prices
£95.4K - £266K
▲ 7.3% overpriced
Monthly Rentals
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Year Built
Oct 2024
Completion Status
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Location
Karon, Phuket Town, Phuket
Number of units
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Sales Prices
£125K - £329K
▼ -11% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Karon, Phuket Town, Phuket
Number of units
50
Sales Prices
£163K - £497K
▲ 2% overpriced
Monthly Rentals
£795 - £1.93K
Year Built
May 2009
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
98
Sales Prices
£113K - £545K
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Jul 2014
Completion Status
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Project Name
Sea And Sky
Location
Karon, Phuket Town, Phuket
Number of units
53
Sales Prices
£81.7K - £170K
▼ -6% underpriced
Monthly Rentals
£500 - £568
Year Built
Mar 2015
Completion Status
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Project Name
Veloche Group
Location
Karon, Phuket Town, Phuket
Number of units
99
Sales Prices
£79.5K
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Project Name
Khram at Karon
Location
Karon, Phuket Town, Phuket
Number of units
1
Sales Prices
£2.04M
Monthly Rentals
N/A
Year Built
Sep 2024
Completion Status
Made To Order
Project Name
VIP Venus Karon
Location
Karon, Phuket Town, Phuket
Number of units
214
Sales Prices
£70.4K - £127K
Monthly Rentals
N/A
Year Built
Oct 2026
Completion Status
Off Plan
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