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    2 Bedroom Condo for sale at Karon Hill Residence
    Karon, Phuket Town,Phuket
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    Sale Price
    £251,000
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    2 Bedroom Condo for sale at Karon Hill Residence

     (Write Review)
    Karon, Phuket Town,Phuket
    Unit ID: U1695542
    9% Rental Yield
    2 Bedrooms
    2 Bathrooms
    162 SqM Size
    3 Floor
    Jul 2013 Completed
     (Write Review)
    Sale Price
    £251,000
    17

    About This Condo

    This property is a 162 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Karon, Phuket and was completed in Jul 2013. You can buy this condo for a base price of £251,000 (£1,550/SqM).

    Spacious 2-bedroom sea view apartment 700 m from Karon Beach

    Spacious apartment with 2 bedrooms 162 sq.m. Suitable for couples or families with children. The apartment has all the necessary furniture and household appliances. The apartment also has parquet flooring and panoramic windows, making it even more spacious. The kitchen area is combined with the living area - it has its own exit to the terrace. Two separate bedrooms with individual bathrooms and separate exits to the terrace. The apartment has been freshly renovated. The apartment has never been rented out.The modern residential complex Karon Hill Residence is located 700 meters from Karon Beach. There are 156 apartments in three 7-story buildings.The condominium has 3 swimming pools, a garden, and laundry facilities. For the residents of the complex to keep fit, the complex has a gym and a sauna. There is a playground for children.The condominium is located in a busy area with shops, restaurants, cafes, bars, and mini-markets on Karon Beach. Just a 15-minute drive from Patong Beach with shopping malls, restaurants, and vibrant nightlife.   On the complex territory:
    • reception
    • 3 swimming pools
    • garden
    • sauna
    • Gym
    • bar
    • laundry
    • playground
    • parking
    • secured area 24 hours / CCTV

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Aug 14, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 162 SqM
    Price per SqM £1,550
    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) Sea View, Pool 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.
    £181/mo
    Listed By
    Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1695542

    Investment Opportunity: Charges & Yield

    Sale Price
    £251,000
    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.
    £181/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.
    11
    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 condos at Karon Hill Residence, and the current sales price.
    9%

    Project Details

    Project Name: Karon Hill Residence
    Developer: N/A
    Construction: Completed (Jul 2013)
    Floors: 7
    Buildings: N/A
    Units: 156
    Project Area: N/A
    Nearest Landmark Karon Beach - 0.6 Km
    Location: Karon, Phuket
    Karon Hill Residence 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
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Karon Hill Residence

    For Sale 3 For Rent 1
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Karon Hill Residence
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Karon Hill Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £181 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Karon Hill Residence the required payment for the sinking fund is £16 per square meter based on the size of the indoor area of the property.
    Karon Beach is the nearest Beach from Karon Hill Residence and it is 0.6 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 Karon Hill Residence 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

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    Karon

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    Projects Nearby Karon Hill Residence

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    Project Name
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Projects Nearby Karon Hill Residence
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