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    1 Bedroom Condo for sale at Surin Gate
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £58,000
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    1 Bedroom Condo for sale at Surin Gate

    (1 Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U19332
    11% Rental Yield
    1 Bedroom
    1 Bathroom
    50 SqM Size
    3 Floor
    Jan 2007 Completed
    (1 Review)
    Sale Price
    £58,000
    16

    About This Condo

    This property is a 50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2007. You can buy this condo for a base price of £58,000 (£1,160/SqM).

    Oh Hey There Savvy Investor: ฿2.5 Mil for a 50 SqM in Surin Gate!

    Are you a savvy investor of the condominium market? Here's a golden opportunity you won't want to miss out! For just ฿2,500,000 (฿50,000/SqM) you can own a 50 SqM condo with 1 bedroom and 1 bathroom situated in the luxurious Surin Gate project in Choeng Thale, Phuket! Built in Jan 2007, this swanky pad boasts character and charm in such an exclusive area - one that is just screaming with potential.Need to move ASAP? No problem! This condo is ready to become your home whenever you're ready. With everything from local attractions to world-renowned amenities all within close proximity, this could be your 'If I found this property at a higher price, I wouldn't take it'-type opportunity.Wondering about the neighbourhood? As one of Phuket's top tourist attractions, the Surin Gate project has it all – five star hotels, white-sanded beaches, and a lively nightlife to name a few. Boat trips and excursions are also close at hand, allowing you to make the most of those postcard-perfect Thai views right from your doorstep.Take advantage of this opportunity now and check out the Surin Gate project today. If you're looking for a dynamite investing opportunity, this could be exactly what you're looking for!

    Features

    TerraceTerrace

    Basic Information

    Date Listed Jun 27, 2024
    Updated 5 months ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 50 SqM
    Price per SqM £1,160
    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%.

    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) Mountain 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.
    £82/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U19332

    Investment Opportunity: Charges & Yield

    Sale Price
    £58,000
    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.
    £82/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.
    9
    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 Surin Gate, and the current sales price.
    11%

    Project Details

    Project Name: Surin Gate
    Developer: N/A
    Construction: Completed (Jan 2007)
    Floors: 5
    Buildings: N/A
    Units: 44
    Project Area: N/A
    Nearest Landmark Surin Beach - 1.1 Km
    Location: Choeng Thale, Phuket
    Surin Gate Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Surin Gate

    For Sale 7 For Rent 2
    • All
    • Studio
    • 1 Bed
    • 3 Beds
    Get notified when new homes are being added to Surin Gate
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at Surin Gate 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 £2 per square meter based on the size of indoor area of the property and is £82 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.
    Surin Beach is the nearest Beach from Surin Gate and it is 1.1 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 Surin Gate 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Such a perfect place!
    Laura Bake, Germany, 3 years ago
    The condo is surrounded by all amenities, within walking distance. There is a 7-Eleven right in front of the property and various shops and restaurants nearby. Moreover, it takes only a 15-minute walk to Surin Beach. The condo is sitting in a peaceful environment with a lovely swimming pool, perfect for relaxing. My one-bedroom unit comes with Thai-style furniture and WiFi. There are not many people living here, so it's not crowded, making me feel private. This condo impressed me very much!
    Phuket
    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

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