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    1 Bedroom Condo for sale at Ratchaporn Place
    Kathu, Kathu,Phuket
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    Sale Price
    £61,500
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    1 Bedroom Condo for sale at Ratchaporn Place

    (2 Reviews)
    Kathu, Kathu,Phuket
    Unit ID: U1718108
    8% Rental Yield
    1 Bedroom
    1 Bathroom
    36 SqM Size
    2 Floor
    Jul 2012 Completed
    (2 Reviews)
    Sale Price
    £61,500
    5

    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 Kathu, Phuket and was completed in Jul 2012. You can buy this condo for a base price of £61,500 (£1,710/SqM).

    Features

    Pool AccessPool Access BalconyBalcony TVTV

    Basic Information

    Date Listed Jan 17, 2024
    Updated 10 months ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 36 SqM
    Price per SqM £1,710
    Pets N/A
    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%.

    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 N/A
    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.
    £29/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1718108

    Investment Opportunity: Charges & Yield

    Sale Price
    £61,500
    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.
    12
    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 Ratchaporn Place, and the current sales price.
    8%

    Project Details

    Project Name: Ratchaporn Place
    Developer: N/A
    Construction: Completed (Jul 2012)
    Floors: 7
    Buildings: N/A
    Units: 264
    Project Area: N/A
    Nearest Landmark Central Floresta - 2 Km
    Location: Kathu, Phuket
    Ratchaporn Place Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Ratchaporn Place

    For Sale 4 For Rent 6
    • All
    • 1 Bed
    Get notified when new homes are being added to Ratchaporn Place
    View All (4)

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    Frequently Asked Questions

    The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £29 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.
    Central Floresta is the nearest Shopping Mall from Ratchaporn Place and it is 2 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 Ratchaporn Place 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

    4.5 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice condo in Kathu area.
    Jun K, Thailand, 4 years ago
    The best condo in the Kathu area. The room is a one-bedroom, and residents have access to large common areas such as a swimming pool, parking, and a fitness center. The neighbors are nice. The project is in a great location, close to restaurants, shops, and a fresh market. It is also easy to travel. Close to Central Festival Phuket and takes about 10 minutes to get to Patong Beach.
    I decided to buy it.
    Sofia R., United States, 5 years ago
    I rented a room here for three months. After talking to the owner of the room, I decided to buy it. The room that I purchased is a fully-furnished 1-bedroom and 1-bathroom, the size is suitable for 1-2 people. The price is reasonable. Unfortunately, the swimming pool is a bit small, but the other facilities are well maintained. The wifi is high-speed. Convenient location in the Kathu area, near Phuket Country Club Golf Course and Prince of Songkla University - Phuket Campus.
    Phuket
    Kathu

    Neighborhood Overview

    Location and Neighborhood

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