2 Bedroom Condo for sale at Plus Condo 2

(1 Review)
Kathu, Kathu,Phuket
Unit ID: U1398628
8% Rental Yield
Tenant-Occupied until Apr 1, 2025
2 Bedrooms
2 Bathrooms
60 SqM Size
4 Floor
Dec 2012 Completed

About This Condo

This property is a 60 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Kathu, Phuket and was completed in Dec 2012. You can buy this condo for a base price of £85,600 (£1,430/SqM) and it is also available for long term rentals starting from £571 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven TVTV

Basic Information

Date Listed Apr 24, 2023
Updated 4 months ago
Property Type Condo
Floor 4
Bedrooms 2
Size 60 SqM
Price per SqM £1,430
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%.

Thai 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) Mountain View, Garden 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.
£48/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1398628

Investment Opportunity: Charges & Yield

Sale Price
£85,600
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.
£48/mo
Rent
£571/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.
13
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.
8%

Project Details

Project Name: Plus Condo 2
Construction: Completed (Dec 2012)
Floors: 8
Buildings: N/A
Units: 273
Project Area: N/A
Nearest Landmark Patong Beach - 4.2 Km
Location: Kathu, Phuket
Plus Condo 2 Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Plus Condo 2

For Sale 12 For Rent 11
Available Units at Plus Condo 2
£74,200
£1,070/SqM
Beds 2 Beds
Baths 2 Baths
Size 69 SqM Size
Floor 4 Floor
Company Fully Furnished Mountain View
Available Units at Plus Condo 2
£41,100
£1,370/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished
Updated 3 weeks ago
Available Units at Plus Condo 2
£37,700
£1,260/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 2 Floor
Foreign Quota Partly Furnished
Updated 1 month ago
Available Units at Plus Condo 2
£86,700
£1,190/SqM
Beds 2 Beds
Baths 2 Baths
Size 73 SqM Size
Floor 5 Floor
Company Fully Furnished Unblocked Open View
Updated 2 months ago
Available Units at Plus Condo 2
£87,900
£1,440/SqM
Beds 2 Beds
Baths 2 Baths
Size 61 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at Plus Condo 2
£40,900
£1,280/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Plus Condo 2
£85,600
£1,430/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Plus Condo 2
£82,200
£1,370/SqM
Beds 2 Beds
Baths 1 Baths
Size 60.15 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished River or Canal View
Updated 1 month ago
Available Units at Plus Condo 2
£79,600
£1,330/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Garden View
Available Units at Plus Condo 2
£160,000
£828/SqM
Beds 4 Beds
Baths 4 Baths
Size 193 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Plus Condo 2
£79,900
£1,330/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 6 Floor
Fully Furnished Mountain View
Available Units at Plus Condo 2
£42,200
£1,410/SqM
Beds Studio Beds
Baths 1 Baths
Size 30 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Garden View
Get notified when new homes are being added to Plus Condo 2
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Frequently Asked Questions

No pets are allowed at Plus Condo 2 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 £48 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.
Patong Beach is the nearest Beach from Plus Condo 2 and it is 4.2 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 Plus Condo 2 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quiet, pleasant, and very relaxing
Treerapat W., Thailand, 6 years ago
I made the right decision buying a room in this project for the rental business. The price of a 1 bedroom unit is not expensive at all. The usable area is spacious enough for 2 people and fully furnished. The common areas are complete. There are the swimming pool, the fitness room, the car park, and security guards. At first, I thought that the location is too far from the city, but it's not far and even convenient to get to the Central Festival, Prince Of Songkla University Phuket Campus, and the market. The atmosphere is quiet, pleasant, and very relaxing.
Phuket
Kathu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Plus Condo 2

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£136K - £204K
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Completion Status
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Location
Kathu, Kathu, Phuket
Number of units
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Sales Prices
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Monthly Rentals
£1.59K - £2.95K
Year Built
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Completion Status
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Location
Kathu, Kathu, Phuket
Number of units
231
Sales Prices
£154K - £261K
Monthly Rentals
£636 - £1.14K
Year Built
Dec 2016
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
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Sales Prices
£135K - £158K
Monthly Rentals
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Year Built
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Completion Status
Off Plan
Project Name
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Location
Kathu, Kathu, Phuket
Number of units
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▼ -32% underpriced
Monthly Rentals
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Year Built
Dec 2012
Completion Status
Completed
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