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    2 Bedroom Apartment for sale at The Lago Condominium
    Rawai, Phuket Town,Phuket
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    Sale Price
    £126,000
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    2 Bedroom Apartment for sale at The Lago Condominium

    (1 Review)
    Rawai, Phuket Town,Phuket
    Unit ID: U1955825
    7% Rental Yield
    2 Bedrooms
    2 Bathrooms
    56 SqM Size
    3 Floor
    May 2016 Completed
    (1 Review)
    Sale Price
    £126,000
    8

    About This Apartment

    This property is a 56 SqM apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in May 2016. You can buy this apartment for a base price of £126,000 (£2,240/SqM).

    Two bedrooms apartment in Lago condominium for sale.

     The Lago condo is a two-bedroom apartment. Foreign Freehold. 3ed floor, lake view 56 sq.m. Fully furnished 2 bedrooms 2 bathroom Swimming pool. Walking distance to Nai Harn Beach (10 min).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 1, 2024
    Updated 11 hours ago
    Property Type Apartment
    Floor 3
    Bedrooms 2
    Size 56 SqM
    Price per SqM £2,240
    Pets Not Allowed
    Apartment 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%.

    N/A
    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) River or Canal View, Mountain View, Garden View, Unblocked Open 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.
    £64/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1955825

    Investment Opportunity: Charges & Yield

    Sale Price
    £126,000
    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.
    £64/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.
    14
    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 2 bedroom apartments at The Lago Condominium, and the current sales price.
    7%

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

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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

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    Year Built
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