Studio Condo for sale at Royal Lee The Terminal Phuket

(2 Reviews)
Sakhu, Thalang,Phuket
Unit ID: U1177290
8% GUAR. RETURN FOR 3 YEARS
StudioBedroom
1 Bathroom
31.35 SqM Size
5 Floor
Jun 2017 Completed

About This Condo

This property is a 31.35 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Sakhu, Phuket and was completed in Jun 2017. You can buy this condo for a base price of £70,100 (£2,240/SqM).

Features

BalconyBalcony

Basic Information

Date ListedNov 28, 2022
Updated2 months ago
Property TypeCondo
Floor5
BedroomStudio
Size31.35 SqM
Price per SqM£2,240
PetsNot 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%.

Foreign 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.
Available for £5,960
View(s)Garden View
Unit TypeSTU
BuildingN/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.
£30/mo
Listed By
Developer
Electricity PriceN/A
Water PriceN/A
Unit IDU1177290

Investment Opportunity: Charges & Yield

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.
£30/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
Guaranteed Rental Return
8%
Guarantee Duration
3 Years

Project Details

Construction:Completed (Jun 2017)
Floors:8
Buildings:3
Units:513
Project Area:11,200 SqM
Nearest LandmarkNai Yang Beach- 0.7 Km
Location:Sakhu, Phuket
Royal Lee The Terminal Phuket Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Popular Facilities at Royal Lee The Terminal Phuket

  • Communal Gym
    1st Floor
  • Communal Pool
    1st Floor
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Frequently Asked Questions

No pets are allowed at Royal Lee The Terminal Phuket 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 £30 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 Royal Lee The Terminal Phuket the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
Nai Yang Beach is the nearest Beach from Royal Lee The Terminal Phuket and it is 0.7 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 Royal Lee The Terminal Phuket 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

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great property, near Phuket airport
Luc Nguyen, Australia, 5 years ago
The land area of the project is enormous, with shady trees and a vast lake view. This building is a brand new. My 1-bedroom unit is clean and fully furnished. The material looks strong and durable. The staff here can speak Chinese fluently and are friendly. There is a swimming pool and fitness center on the first floor, and everything is free !!! The advantage is that the project is very close to the airport, and other amenities, including restaurants, shops, and convenience stores. Also, I can travel to Nai Yang beach in 5 minutes only. I'm very impressed. If there is a chance to come back, I will stay here for sure!!
Big common area!
Leanne Taylor, United States, 6 years ago
The common area of ​​the project is extensive. Shady garden and a vast lagoon. The pool was long and clean. The atmosphere in the project is perfect. My favorite type of bedroom is a 1-bedroom because there is a spacious area overlooking the beautifully landscaped. Oh, but there is no furniture provided. Reasonable price. The location is near Nai Yang Beach and Phuket International Airport.
Phuket
Sakhu

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