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    Studio Apartment for sale at The Emerald Terrace
    Patong, Kathu,Phuket
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    Sale Price
    £74,200 £83,500
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    Studio Apartment for sale at The Emerald Terrace

    (3 Reviews)
    Patong, Kathu,Phuket
    Unit ID: U22302
    8% Rental Yield
    Studio Bedroom
    1 Bathroom
    38 SqM Size
    3 Floor
    May 2015 Completed
    (3 Reviews)
    Sale Price
    £74,200
    £83,500
    17

    About This Apartment

    This property is a 38 SqM studio apartment with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in May 2015. You can buy this apartment for a base price of £74,200 (£1,950/SqM).

    Welcome to the Emerald: 38 SqM Gem in Patong for ฿3.2 Million!

    Are you looking to purchase a great property in Patong and call it your own? Look no further than the Emerald Terrace! Completed in 2015, this stunning and impeccably maintained 38 SqM studio apartment is sure to please - fitted with 1 bathroom and a sky-high price of ฿3,200,000 (฿84,211/SqM), investing in real estate has never looked better.Located in the thriving capital of Phuket, Patong is quickly rising in popularity with tourists and locals alike. The city contains picturesque landmarks, surprisingly tasty street food, and plenty of long, sandy beaches waiting for you to explore. With Emerald Terrace so close, you can finally enjoy the Phuket life with ease.Inside of this beautiful boutique condominium is even more impressive. You can expect to find a large array of amenities, from state-of-the-art gyms to an outdoor swimming pool to welcome outdoor barbecues. A security system is in place, so you can rest assured that your home is safe. No matter how you look at it, you'll find relaxation and convenience with this studio apartment.This opportunity won't last for long, so why not get your foot in the door of owning a property in Patong and make the Emerald Terrace your happy place? Enquire now and make this extraordinary chance yours!

    Features

    Pool AccessPool Access

    Basic Information

    Date Listed Dec 29, 2016
    Updated 2 months ago
    Property Type Apartment
    Floor 3
    Bedroom Studio
    Size 38 SqM
    Price per SqM £1,950
    Pets Not Allowed
    Apartment 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%.

    Leasehold
    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
    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.
    £44/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U22302

    Investment Opportunity: Charges & Yield

    Sale Price
    £74,200
    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.
    £44/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.
    12
    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 studio apartments at The Emerald Terrace, and the current sales price.
    8%

    Project Details

    Project Name: The Emerald Terrace
    Developer: Emerald Development Group Co.,Ltd
    Construction: Completed (May 2015)
    Floors: 8
    Buildings: 1
    Units: 178
    Project Area: 4,164 SqM
    Nearest Landmark Patong Beach - 0.8 Km
    Location: Patong, Phuket
    The Emerald Terrace Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at The Emerald Terrace

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      2nd Floor
    • Reception / Lobby Area
      Ground Floor

    Available Units at The Emerald Terrace

    For Sale 32 For Rent 8
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at The Emerald Terrace
    £55,600
    £1,590/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 2 Floor
    Leasehold Fully Furnished Garden View
    Updated 1 week ago
    Available Units at The Emerald Terrace
    £132,000
    £2,240/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 59 SqM Size
    Floor 4 Floor
    Leasehold Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    £83,500
    £2,200/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 2 Floor
    Leasehold Fully Furnished Mountain View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £83,500£90,400
    £2,200/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £76,500
    £1,960/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 39 SqM Size
    Floor 1 Floor
    Leasehold Fully Furnished Garden View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £85,800£105,000
    £2,140/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 40 SqM Size
    Floor 4 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £81,100£96,200
    £2,140/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £83,500£90,400
    £2,200/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £69,500
    £1,780/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 39 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    £76,500£92,500
    £2,010/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 4 Floor
    Company Fully Furnished Garden View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £104,000
    £1,930/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 54 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    £86,900
    £2,290/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    £104,000
    £2,010/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 52 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £88,100
    £2,320/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £88,100
    £2,320/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished City View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £104,000
    £2,750/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 5 Floor
    Fully Furnished Mountain View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £74,200£83,500
    £1,950/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 3 Floor
    Leasehold Fully Furnished Mountain View
    Updated 2 months ago
    Available Units at The Emerald Terrace
    £146,000
    £1,900/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 77 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Mountain View
    Updated 1 month ago
    Available Units at The Emerald Terrace
    £116,000£127,000
    £3,050/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 6 Floor
    Company Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    £92,700
    £2,440/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Emerald Terrace
    £64,900
    £1,620/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 40 SqM Size
    Floor 4 Floor
    Leasehold Fully Furnished Pool View
    Available Units at The Emerald Terrace
    £99,700
    £2,620/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    £130,000
    £2,400/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 54 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Emerald Terrace
    £104,000£107,000
    £2,750/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Emerald Terrace
    £64,900
    £1,660/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 39 SqM Size
    Floor 3 Floor
    Leasehold Fully Furnished Mountain View
    Available Units at The Emerald Terrace
    £97,400
    £2,070/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 47 SqM Size
    Floor 2 Floor
    Leasehold Fully Furnished Garden View
    Available Units at The Emerald Terrace
    £58,000£64,900
    £1,450/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 40 SqM Size
    Floor 3 Floor
    Leasehold Fully Furnished Garden View
    Available Units at The Emerald Terrace
    £90,400
    £1,920/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 47 SqM Size
    Floor 1 Floor
    Leasehold Fully Furnished Garden View
    Available Units at The Emerald Terrace
    £91,600£104,000
    £2,290/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 40 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Emerald Terrace
    £81,100
    £2,140/SqM
    Good Price
    Beds Studio Beds
    Baths 1 Baths
    Size 38 SqM Size
    Floor 3 Floor
    Leasehold Fully Furnished City View
    Get notified when new homes are being added to The Emerald Terrace
    View All (32)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at The Emerald Terrace 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 £44 for this apartment. 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 The Emerald Terrace the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Patong Beach is the nearest Beach from The Emerald Terrace and it is 0.8 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 The Emerald Terrace 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

    3.6 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice modern room but remote area
    Verified Former Resident, 4 years ago
    The only advantage of this hotel resort is really the size of the studios and the facilities like the swimming pool and the well-equipped gym. But the location it is not great, kinda remote area so you really need a bike or car to go anywhere.
    One of the best accommodations I've stayed in Patong.
    Shera Vanwingerden, Canada, 6 years ago
    It is a stylish condo and friendly staff. The condo offers many facilities, such as a swimming pool, a clean and tidy gym. The room I rented also was a beautifully decorated, spacious bed, clean bathroom, and a lovely kitchen. Everything is very good. It's an excellent place to stay in the Patong area. Moreover, the price is affordable, and the service is very good. The staff is attentive to good services. Besides, the condo is not far from tourist attractions or shops, restaurants as it is called near everything. It is also close to the beach. It is easily accessible because it is close to nearby amenities. Don't worry at all. The day I'm bored, I can go to chill at Patong Beach or take a short walk to Bangla Road. Don't miss the choice to stay at The Emerald Terrace.
    Located on Patong hillside
    Emma Zhang, China, 6 years ago
    Another nice place to stay in Patong. Travel to Patong Beach in 5 minutes. The condo provides a swimming pool, a gym, and free Wi-Fi internet. It is located on a hillside and a quiet atmosphere. The room is decorated with a full set of standard furniture, and a hot water system works well. Most of the people here are foreigners - both tourists and working-age. The price is very cheap.
    Phuket
    Patong

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby The Emerald Terrace

    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
    The Unity Patong
    Location
    Patong, Kathu, Phuket
    Number of units
    66
    Sales Prices
    £116K - £232K
    ▲ 6.5% overpriced
    Monthly Rentals
    £580 - £2.57K
    Year Built
    Jan 2015
    Completion Status
    Completed
    Project Name
    The Bliss Condo by Unity
    Location
    Patong, Kathu, Phuket
    Number of units
    96
    Sales Prices
    £75.3K - £301K
    ▲ 2% overpriced
    Monthly Rentals
    £695 - £2.12K
    Year Built
    May 2014
    Completion Status
    Completed
    Project Name
    Andaman Hills
    Location
    Patong, Kathu, Phuket
    Number of units
    24
    Sales Prices
    £299K - £438K
    Monthly Rentals
    N/A
    Year Built
    Dec 1993
    Completion Status
    Completed
    Project Name
    Patong Bay Residence
    Location
    Patong, Kathu, Phuket
    Number of units
    305
    Sales Prices
    £55.6K - £85.8K
    ▼ -1.7% underpriced
    Monthly Rentals
    N/A
    Year Built
    Nov 2017
    Completion Status
    Completed
    Project Name
    L Orchidee Residences
    Location
    Patong, Kathu, Phuket
    Number of units
    26
    Sales Prices
    £793K
    ▲ 1.2% overpriced
    Monthly Rentals
    N/A
    Year Built
    Dec 2006
    Completion Status
    Completed
    Project Name
    The Deck Patong
    Location
    Patong, Kathu, Phuket
    Number of units
    270
    Sales Prices
    £97.4K - £348K
    ▲ 35% overpriced
    Monthly Rentals
    £580 - £1.74K
    Year Built
    Aug 2015
    Completion Status
    Completed
    Project Name
    The Charm
    Location
    Patong, Kathu, Phuket
    Number of units
    246
    Sales Prices
    £162K - £243K
    ▼ -6% underpriced
    Monthly Rentals
    £1.58K
    Year Built
    Sep 2014
    Completion Status
    Completed
    Project Name
    Patong Loft
    Location
    Patong, Kathu, Phuket
    Number of units
    82
    Sales Prices
    £58K - £174K
    ▲ 5% overpriced
    Monthly Rentals
    £580 - £1.16K
    Year Built
    Dec 2006
    Completion Status
    Completed
    Project Name
    BYD Lofts
    Location
    Patong, Kathu, Phuket
    Number of units
    20
    Sales Prices
    £283K - £292K
    ▼ -1% underpriced
    Monthly Rentals
    N/A
    Year Built
    Jan 2006
    Completion Status
    Completed
    Project Name
    Patong Condotel
    Location
    Patong, Kathu, Phuket
    Number of units
    126
    Sales Prices
    £40.6K - £97.4K
    ▼ -43% underpriced
    Monthly Rentals
    N/A
    Year Built
    Jan 1991
    Completion Status
    Completed
    Projects Nearby The Emerald Terrace
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    The Unity Patong
    The Bliss Condo by Unity
    Andaman Hills
    Patong Bay Residence
    L Orchidee Residences
    The Deck Patong
    The Charm
    Patong Loft
    BYD Lofts
    Patong Condotel
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