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    2 Bedroom Condo for sale at Plus Condo 2
    Kathu, Kathu,Phuket
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    Sale Price
    £87,000
    Schedule Viewing

    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
    (1 Review)
    Sale Price
    £87,000
    12

    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 £87,000 (£1,450/SqM) and it is also available for long term rentals starting from £580 per month.

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven TVTV

    Basic Information

    Date Listed Apr 24, 2023
    Updated 5 months ago
    Property Type Condo
    Floor 4
    Bedrooms 2
    Size 60 SqM
    Price per SqM £1,450
    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.
    £49/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1398628

    Investment Opportunity: Charges & Yield

    Sale Price
    £87,000
    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.
    £49/mo
    Rent
    £580/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
    Developer: Serene Property and Development
    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 10 For Rent 13
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Plus Condo 2
    View All (10)

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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 £49 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

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    Projects Nearby Plus Condo 2

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    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Number of units
    152
    Sales Prices
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    Monthly Rentals
    £1.04K - £1.28K
    Year Built
    Dec 2013
    Completion Status
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    Project Name
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    Location
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    Number of units
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    Sales Prices
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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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    Year Built
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    Completion Status
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    Project Name
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    Location
    Kathu, Kathu, Phuket
    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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    Project Name
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    Location
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    Number of units
    1
    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
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    Number of units
    157
    Sales Prices
    £37.1K - £41.5K
    ▼ -32% underpriced
    Monthly Rentals
    £278
    Year Built
    Dec 2012
    Completion Status
    Completed
    Projects Nearby Plus Condo 2
    Save
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    D Condo Kathu-Patong
    Mini House Phuket
    Passorn Kathu-Patong
    The Palm Kathu-Patong
    The Plant Kathu-Patong
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    Apartment in Kathu
    Plus Condo 1
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