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    1 Bedroom Penthouse for sale at Patong Bay Residence
    Patong, Kathu,Phuket
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    Sale Price
    £74,100
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    1 Bedroom Penthouse for sale at Patong Bay Residence

    (3 Reviews)
    Patong, Kathu,Phuket
    Unit ID: U1672206
    1 Bedroom
    1 Bathroom
    34 SqM Size
    8 Floor
    Nov 2017 Completed
    (3 Reviews)
    Sale Price
    £74,100
    5

    About This Penthouse

    This property is a 34 SqM penthouse with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Nov 2017. You can buy this penthouse for a base price of £74,100 (£2,180/SqM).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Sep 27, 2023
    Updated 1 year ago
    Property Type Penthouse
    Floor 8
    Bedroom 1
    Size 34 SqM
    Price per SqM £2,180
    Pets Not Allowed
    Penthouse 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%.

    Leasehold
    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 Patong Bay Residence 4
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1672206

    Investment Opportunity: Charges & Yield

    Sale Price
    £74,100

    Project Details

    Project Name: Patong Bay Residence
    Developer: Patong Bay Group
    Construction: Completed (Nov 2017)
    Floors: 8
    Buildings: 4
    Units: 305
    Project Area: 1,600 SqM
    Nearest Landmark Patong Beach - 0.8 Km
    Location: Patong, Phuket
    Patong Bay Residence Project Details

    Project Features

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

    Popular Facilities at Patong Bay Residence

    • All
    • Fitness
    • Leisure
    • Convenience
    6
    • Communal Pool
      Rooftop
    • Communal Gym
      Ground Floor
    • Reception / Lobby Area
      Ground Floor
    • Steam Room
      Ground Floor

    Available Units at Patong Bay Residence

    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Patong Bay Residence
    View All (5)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Patong Bay Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Patong Beach is the nearest Beach from Patong Bay Residence and it is 0.8 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 Patong Bay Residence you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Installment Milestone Payment
    Reservation Deposit
    Reservation deposit + 20,000 THB lawyer fee
    £5,090
    1st Installment
    Upon contract signature within 30 days from signing the reservation agreement
    100%

    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

    4.4 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Excellent!!!
    Liza R., United States, 3 years ago
    I just reserved a room for this project last month at a low price as it's an off-plan project with convincing promotions provided. There is a guarantee of 7% for 15 years as well. More importantly, I do not have to pay for the fund, water, and maintenance fees. Excellent!!! The project has all the facilities. My favorite spot is the rooftop pool, opening to a full view of Patong Beach. The room I reserved is a 1 bedroom unit, comes in a decent size, and not crowded. It is decorated with attractive modern furniture. It takes less than 2 kilometers from Patong Beach.
    This condo is suitable for both investment and relaxation !!
    Dave Peper, France, 4 years ago
    I've been reading through investments for this project and went to see the affiliate project here. I think it is an okay project and the best location. It is just about 1 kilometer from the beachfront of Patong Beach, which you can walk or take a shuttle bus from the project. In addition, this neighborhood has many restaurants, and most of them are western restaurants. It is convenient for foreigners. There is also available in the hotel part as well with helpful and friendly staff who always help. The surrounding area is clean and safe. I think many investors will book this project, and it will be completed in about 2 years !! This condo is suitable for both investment and relaxation !!
    New projects, good locations, worth investing in
    Ellie Rooker, United States, 4 years ago
    It is a new interesting project and worth investing in because the location is good, situated near Patong Beach. I am interested in this project and have already reserved a room for 1 unit to receive future rental returns. In addition, I was able to stay free for up to 4 weeks a year without having to pay extra. I think it would be okay and not waste investing and also get returns.
    Phuket
    Patong

    Neighborhood Overview

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    Projects Nearby Patong Bay Residence

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    Project Name
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    Project Name
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    Completion Status
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    Project Name
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    Location
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    Number of units
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
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    Number of units
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    Monthly Rentals
    N/A
    Year Built
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    Completion Status
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    Number of units
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    ▼ -6% underpriced
    Monthly Rentals
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    Completion Status
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    Project Name
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    Location
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    Number of units
    26
    Sales Prices
    £780K
    ▲ 1.2% overpriced
    Monthly Rentals
    N/A
    Year Built
    Dec 2006
    Completion Status
    Completed
    Projects Nearby Patong Bay Residence
    Save
    The Unity Patong
    The Emerald Terrace
    Patong Loft
    The Bliss Condo by Unity
    Andaman Hills
    The Deck Patong
    Patong Condotel
    BYD Lofts
    The Charm
    L Orchidee Residences
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