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    1 Bedroom Condo for sale at The Future Condo
    Wichit, Phuket Town,Phuket
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    Sale Price
    £42,900
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    1 Bedroom Condo for sale at The Future Condo

     (Write Review)
    Wichit, Phuket Town,Phuket
    Unit ID: U1944698
    8% Rental Yield
    1 Bedroom
    1 Bathroom
    36 SqM Size
    8 Floor
    Jun 2014 Completed
     (Write Review)
    Sale Price
    £42,900
    7

    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 Wichit, Phuket and was completed in Jun 2014. You can buy this condo for a base price of £42,900 (£1,190/SqM).

    Features

    Fully RenovatedFully Renovated (2024)

    Basic Information

    Date Listed Oct 4, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 8
    Bedroom 1
    Size 36 SqM
    Price per SqM £1,190
    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
    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) City 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.
    £33/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1944698

    Investment Opportunity: Charges & Yield

    Sale Price
    £42,900
    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.
    £33/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.
    13
    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 The Future Condo, and the current sales price.
    8%

    Project Details

    Project Name: The Future Condo
    Developer: N/A
    Construction: Completed (Jun 2014)
    Floors: 8
    Buildings: N/A
    Units: 123
    Project Area: N/A
    Nearest Landmark KING POWER Phuket - 0.3 Km
    Location: Wichit, Phuket
    The Future Condo 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

    Available Units at The Future Condo

    For Sale 4 For Rent 2
    • All
    • 1 Bed
    Get notified when new homes are being added to The Future Condo
    View All (4)

    Loan Calculator

    Frequently Asked Questions

    KING POWER Phuket is the nearest Shopping Mall from The Future Condo and it is 0.3 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 The Future Condo 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

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    Phuket
    Wichit

    Neighborhood Overview

    Location and Neighborhood

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