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    Studio Condo for sale at Ocean View Treasure Hotel and Residence
    Patong, Kathu,Phuket
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    Sale Price
    £72,500
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    Studio Condo for sale at Ocean View Treasure Hotel and Residence

     (Write Review)
    Patong, Kathu,Phuket
    Unit ID: U1927458
    12% Rental Yield
    Studio Bedroom
    1 Bathroom
    40 SqM Size
    4 Floor
    Jan 2017 Completed
     (Write Review)
    Sale Price
    £72,500
    10

    About This Condo

    This property is a 40 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Jan 2017. You can buy this condo for a base price of £72,500 (£1,810/SqM).

    Features

    BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Sep 5, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 40 SqM
    Price per SqM £1,810
    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%.

    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) Pool View, Garden 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.
    £23/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1927458

    Investment Opportunity: Charges & Yield

    Sale Price
    £72,500
    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.
    £23/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.
    9
    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 condos at Ocean View Treasure Hotel and Residence, and the current sales price.
    12%

    Project Details

    Project Name: Ocean View Treasure Hotel and Residence
    Developer: N/A
    Construction: Completed (Jan 2017)
    Floors: 7
    Buildings: 2
    Units: 6
    Project Area: N/A
    Nearest Landmark Patong Beach - 1.3 Km
    Location: Patong, Phuket
    Ocean View Treasure Hotel and Residence Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Ocean View Treasure Hotel and Residence

    For Sale 4 For Rent 2
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Ocean View Treasure Hotel and Residence
    View All (4)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Ocean View Treasure Hotel and Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Patong Beach is the nearest Beach from Ocean View Treasure Hotel and Residence 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 Ocean View Treasure Hotel and Residence 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

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    Phuket
    Patong

    Neighborhood Overview

    Location and Neighborhood

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    Completion Status
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    Projects Nearby Ocean View Treasure Hotel and Residence
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