1 Bedroom Condo for sale at The Lago Condominium

(1 Review)
Rawai, Phuket Town,Phuket
Unit ID: U1980046
1 Bedroom
1 Bathroom
40 SqM Size
3 Floor
May 2016 Completed

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in May 2016. You can buy this condo for a base price of £104,000 (£2,610/SqM).

1 Bedroom Fully furnished Freehold Condo Nai Harn

Freehold 1 Bedroom Apartment for Sale Lago Nai Harn   Great investment in the closest condominium to Nai Harn beach. “Lago” is a condominium of two buildings, with swimming pool, security, parking and elevator just 500 meters from the beautiful beach of Nai Harn, the most beautiful in the southern part of Phuket. Set back about 100 meters from the road that leads to the beach, this project is immersed in the quiet, with the lake just 100 meters away, great for walking and jogging.   The area offers a cafe / restaurant 100 meters away, various cafes in the area, restaurants, bars, massages, yoga centers and Muay Thai and MMA gyms.   The apartment is 40 square meters with balcony, 1 bedroom, 1 bathroom, living room kitchen, all fully furnished and equipped, with washing machine, air conditioning in the bedroom and living area, completely renovated a few months ago.   The title of ownership is FREEHOLD for foreigners, registered directly to the foreigner. no company no leasehold. 100% ownership.   Excellent investment for a passive income, thanks to the location it is easily rentable both long and short term, both as a holiday home or for a couple to live there all year round.   Swimming pool and facade of the two buildings redone in 2023. Parking for motorbikes and cars.

Features

Pool AccessPool Access Fully RenovatedFully Renovated (2024) Renovated KitchenRenovated Kitchen (2024)

Basic Information

Date Listed Dec 4, 2024
Updated 2 weeks ago
Property Type Condo
Floor 3
Bedroom 1
Size 40 SqM
Price per SqM £2,610
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) N/A
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.
£1/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1980046

Investment Opportunity: Charges & Yield

Sale Price
£104,000
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: The Lago Condominium
Developer: N/A
Construction: Completed (May 2016)
Floors: 4
Buildings: N/A
Units: 75
Project Area: N/A
Nearest Landmark Nai Harn Beach - 1 Km
Location: Rawai, Phuket
The Lago Condominium 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at The Lago Condominium

For Sale 3 For Rent 2
Get notified when new homes are being added to The Lago Condominium
View All (3)

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Frequently Asked Questions

No pets are allowed at The Lago Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Nai Harn Beach is the nearest Beach from The Lago Condominium and it is 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 The Lago Condominium 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location
Isabella C., Sweden, 7 years ago
Excellent location, just walk a few minutes to many restaurants and bars, and next to Nai Harn Lake. Nai Harn beach is about 10 minutes away. It is a quiet and private beach. I love to sunbathe and swim here. The overall condition of the condo is good. The fitness center has complete equipment, only few people use it, and the pool is clean. One weakness is the noise from building construction, so it makes me feel stressed. The bedroom is a decent size and beautifully decorated, looks very modern, and the furniture is complete and easy to use. There is a balcony that extends from the bedroom. You can go there via the bedroom and sip wine while enjoying the view of the garden. Overall it’s good, but I would like to recommend you to recheck the schedule first as you should avoid the construction period.
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lago Condominium

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Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Rawai, Phuket Town, Phuket
Number of units
353
Sales Prices
£235K - £351K
▲ 6% overpriced
Monthly Rentals
N/A
Year Built
Jan 2022
Completion Status
Completed
Project Name
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Location
Rawai, Phuket Town, Phuket
Number of units
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Year Built
Apr 2016
Completion Status
Completed
Project Name
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Location
Rawai, Phuket Town, Phuket
Number of units
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Rawai, Phuket Town, Phuket
Number of units
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£104K - £111K
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Monthly Rentals
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Year Built
Dec 2016
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
79
Sales Prices
£75.3K - £162K
▼ -21.5% underpriced
Monthly Rentals
£695
Year Built
Dec 2019
Completion Status
Completed
Project Name
Pearl Condominium
Location
Rawai, Phuket Town, Phuket
Number of units
79
Sales Prices
£81.1K
▼ -29% underpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
85
Sales Prices
£63.7K - £260K
▼ -15% underpriced
Monthly Rentals
£811 - £1.39K
Year Built
Mar 2015
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
22
Sales Prices
£341K - £378K
Monthly Rentals
£6.95K
Year Built
Jan 2010
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
23
Sales Prices
£1.03M
▲ 8.3% overpriced
Monthly Rentals
£6.26K - £9.85K
Year Built
Jan 2019
Completion Status
Made To Order
Project Name
Two Villas Naya
Location
Rawai, Phuket Town, Phuket
Number of units
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