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    1 Bedroom Condo for sale at Waterfront Karon
    Karon, Phuket Town,Phuket
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    Sale Price
    £274,000
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    1 Bedroom Condo for sale at Waterfront Karon

    (2 Reviews)
    Karon, Phuket Town,Phuket
    Unit ID: U1700688
    6% Rental Yield
    Tenant-Occupied until Jan 1, 2025
    1 Bedroom
    1 Bathroom
    103 SqM Size
    20 Floor
    Feb 1998 Completed
    (2 Reviews)
    Sale Price
    £274,000
    5

    About This Condo

    This property is a 103 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 Feb 1998. You can buy this condo for a base price of £274,000 (£2,660/SqM) and it is also available for long term rentals starting from £1,370 per month.

    Discover the ideal location steps away from Karon Beach! With a plethora of dining options nearby and a bustling night market within walking distance, enjoy ultimate convenience. Just a 10-minute drive to Patong Beach and 5 minutes to Kata/Kata Noi Beach, our well-maintained resort boasts top-notch amenities including tennis, squash, games room, pool, and sauna. Managed by Centara, indulge in a perfect blend of relaxation and fun!

    Features

    BeachfrontBeachfront Beach AccessBeach Access OceanfrontOceanfront TerraceTerrace BalconyBalcony

    Basic Information

    Date Listed Dec 7, 2023
    Updated 4 months ago
    Property Type Condo
    Floor 20
    Bedroom 1
    Size 103 SqM
    Price per SqM £2,660
    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%.

    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) Sea 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.
    £89/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1700688

    Investment Opportunity: Charges & Yield

    Sale Price
    £274,000
    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.
    £89/mo
    Rent
    £1,370/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.
    17
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    6%

    Project Details

    Project Name: Waterfront Karon
    Developer: N/A
    Construction: Completed (Feb 1998)
    Floors: 21
    Buildings: N/A
    Units: 4
    Project Area: N/A
    Nearest Landmark Karon Beach - 0.3 Km
    Location: Karon, Phuket
    Waterfront Karon Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Clubhouse Clubhouse
    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
    Tennis Court Tennis Court
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Waterfront Karon

    For Sale 1 For Rent 3
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    • 1 Bed
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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 £89 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.
    Karon Beach is the nearest Beach from Waterfront Karon 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 Waterfront Karon 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
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    What a wonderful place to stay.
    Josie K., United States, 4 years ago
    What a wonderful place to stay. There is a hotel management system. The staff took good care of us and spoke English fluently. There are complete facilities. The pool is large. From the project, there is a direct walkway to Karon Beach. I would say that the view is wonderful. The room that I come to is a one-bedroom penthouse, very spacious, about 100 square meters. Furniture in Thai style is considered to be unique. Excellent location, next to Karon Beach and close to Kata Beach, not far from Patong Beach.
    Nice place, suitable for leisure.
    Zhouyala Xingming, China, 5 years ago
    Waterfront Karon has an extra-large bedroom, clean and private. Although the price is quite high, it's worthwhile. Plus, the facilities are complete such as a pool, a tennis court and a playground in a peaceful and natural atmosphere. This project has parking space and a security system, giving me peace of mind during my stay. First, I planned to be here for 2-3 days and moved to other places but I’ve changed my mind to stay here for 2 weeks because I love the sea. Just a few steps I can reach Karon Beach. Good view and the sunset is marvelous. My family and I love this place so much.
    Phuket
    Karon

    Neighborhood Overview

    Location and Neighborhood

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