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    3 Bedroom Condo for sale at Waterside
    Wichit, Phuket Town,Phuket
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    Sale Price
    £420,000
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    3 Bedroom Condo for sale at Waterside

    (1 Review)
    Wichit, Phuket Town,Phuket
    Unit ID: U476428
    9% Rental Yield
    3 Bedrooms
    3 Bathrooms
    269 SqM Size
    Dec 2009 Completed
    (1 Review)
    Sale Price
    £420,000
    16

    About This Condo

    This property is a 269 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Dec 2009. You can buy this condo for a base price of £420,000 (£1,560/SqM) and it is also available for long term rentals starting from £3,150 per month.

    Key Features

    • Air-Conditioning in every room
    • Balconies : both floors
    • Bathtub (in master bedroom only)
    • En-suite bathroom
    • Modern kitchen with Cooker Hob/Hood
    • Beachfront
    • Sea and Mountain View
    • Water Heater
    • Fiber Optic Connection - WiFi Internet for both levels (fee applicable as per internet provider)
    • Furniture included.   
    • Assigned parking space
    • 24 hours security
    • 1 time weekly basic cleaning by housekeeper (approx. 2 hour)

     

    Additional Expenses during rentals:

           - Maid – cleaning at 500 baht per time

           - Electric/Water bills : Pay directly to the Condominium Juristic Person as per invoiced

           - Internet subscription

           - Internet TV.

    Features

    TerraceTerrace DuplexDuplex BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 20, 2024
    Updated 1 month ago
    Property Type Condo
    Floor N/A
    Bedrooms 3
    Size 269 SqM
    Price per SqM £1,560
    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) Sea View, Mountain 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U476428

    Investment Opportunity: Charges & Yield

    Sale Price
    £420,000
    Rent
    £3,150/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    9%

    Project Details

    Project Name: Waterside
    Developer: N/A
    Construction: Completed (Dec 2009)
    Floors: 4
    Buildings: N/A
    Units: 24
    Project Area: N/A
    Nearest Landmark Cape Panwa - 3.2 Km
    Location: Wichit, Phuket
    Waterside Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    Car Parking Car Parking
    Direct Beach Access Direct Beach Access

    Available Units at Waterside

    For Sale 1 For Rent 5
    • All
    • 3 Beds
    Get notified when new homes are being added to Waterside
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at Waterside unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Cape Panwa is the nearest Town from Waterside and it is 3.2 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 Waterside 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
    Truly cozy! Condo has the pool adjacent to the beach
    Harlan Kohr, United States, 5 years ago
    The condo has a fantastic view and the pool adjacent to the beach. The staff comes to clean the pool every day, so great! The atmosphere around is a small village, tranquil and peaceful. The room is very spacious with white tone color, and the wooden floor offers classic looks and very well maintained. Plus, the condo is not far from Phuket town, only a 15-20 minutes drive. We love staying here. The parking lot is considerable. This place is truly cozy. We will definitely return when we come to Phuket again.
    Phuket
    Wichit

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