2 Bedroom Condo for sale at Splendid Condominium

(1 Review)
Karon, Phuket Town,Phuket
Unit ID: U1832254
7% GUAR. RETURN FOR 5 YEARS
2 Bedrooms
1 Bathroom
59 SqM Size
2 Floor
Mar 2019 Completed

About This Condo

This property is a 59 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Mar 2019. You can buy this condo for a base price of £202,000 (£3,430/SqM).

2 Bedrooms Splendid Condo Kata Beach

Beautiful 2 bedrooms, 1 bathroom, 59 m2 fully furnished condo at the Splendid Condominium in Kata Beach Phuket.About 2 km to the famous white Sand Kata beach, in a quite street, this project offers a roof top pool with stunning  sea view, covered parking and elevator.The property goes with at already set up Thai Company limited.Easy to rent or a steady income, or the perfect holiday home in Phuket

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed May 10, 2024
Updated 6 months ago
Property Type Condo
Floor 2
Bedrooms 2
Size 59 SqM
Price per SqM £3,430
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%.

Company
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, Unblocked Open View
Unit Type N/A
Building Building 1
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.
£82/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1832254

Investment Opportunity: Charges & Yield

Sale Price
£202,000
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.
£82/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
5 Years

Project Details

Project Name: Splendid Condominium
Construction: Completed (Mar 2019)
Floors: 3
Buildings: 2
Units: 27
Project Area: 1,600 SqM
Nearest Landmark Kata Beach - 1.3 Km
Location: Karon, Phuket
Splendid Condominium Project Details

Project Features

Hotel Managed Hotel Managed
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

Popular Facilities at Splendid Condominium

  • Communal Pool
    Rooftop
  • Communal Gym
    Ground Floor

Available Units at Splendid Condominium

For Sale 7 For Rent 5
Get notified when new homes are being added to Splendid Condominium
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Splendid Condominium 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 €2 per square meter based on the size of indoor area of the property and is €99 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 Splendid Condominium the required payment for the sinking fund is €20 per square meter based on the size of the indoor area of the property.
Splendid Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Kata Beach is the nearest Beach from Splendid Condominium and it is 1.3 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 Splendid Condominium you have to follow these steps:

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

 


Payment Terms
Installment Milestone Payment
Reservation Deposit
Immediately
£3,470
1st Installment
Upon contract signing
95%
3rd Installment
On handover
5%

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
Property close to Kata Beach
Mary Smirnov, Russia, 4 years ago
If there is a chance to come back to Phuket, I will definitely come back here! Although it was a short time spent on the project, everything was so perfect. The project looks new and clean; the room is in good condition, and the furniture looks quality. The staff was friendly and helpful. There are a swimming pool, fitness center, and free parking for residents. The location is good, close to Kata beach. You can walk or drive in a few mins. The atmosphere around is quiet. It is a great place to relax and is a small project that makes it less crowded. Most of the neighbors are foreigners.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Splendid Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Kata View
Location
Karon, Phuket Town, Phuket
Number of units
60
Sales Prices
£128K - £131K
Monthly Rentals
N/A
Year Built
Dec 2025
Completion Status
Off Plan
Project Name
Kata Ocean View
Location
Karon, Phuket Town, Phuket
Number of units
153
Sales Prices
£62.2K - £1.1M
▼ -24% underpriced
Monthly Rentals
£576 - £1.61K
Year Built
Sep 2015
Completion Status
Completed
Project Name
Kata Royal
Location
Karon, Phuket Town, Phuket
Number of units
8
Sales Prices
£219K - £373K
▼ -20% underpriced
Monthly Rentals
£1.04K - £2.19K
Year Built
Jan 2014
Completion Status
Completed
Location
Karon, Phuket Town, Phuket
Number of units
1
Sales Prices
£620K
Monthly Rentals
N/A
Year Built
Mar 2016
Completion Status
Completed
Project Name
Unique Villa Kata
Location
Karon, Phuket Town, Phuket
Number of units
4
Sales Prices
£386K - £410K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Aurora Villa
Location
Karon, Phuket Town, Phuket
Number of units
8
Sales Prices
£1.38M - £1.42M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Ozone Condotel
Location
Karon, Phuket Town, Phuket
Number of units
145
Sales Prices
£65.3K - £126K
▼ -7.8% underpriced
Monthly Rentals
£346 - £737
Year Built
Jun 2016
Completion Status
Completed
Project Name
The Beach Center
Location
Karon, Phuket Town, Phuket
Number of units
N/A
Sales Prices
£219K - £320K
Monthly Rentals
£1.61K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Utopia Kata
Location
Karon, Phuket Town, Phuket
Number of units
25
Sales Prices
£622K
Monthly Rentals
N/A
Year Built
Jul 2017
Completion Status
Completed
Project Name
The View
Location
Karon, Phuket Town, Phuket
Number of units
55
Sales Prices
£369K - £1.04M
▼ -9% underpriced
Monthly Rentals
£2.76K - £6.91K
Year Built
Oct 2014
Completion Status
Completed
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