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    Studio Condo for sale at Serene Condominium Phuket
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £79,900
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    Studio Condo for sale at Serene Condominium Phuket

    (3 Reviews)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1931875
    5% GUAR. RETURN FOR 5 YEARS
    Studio Bedroom
    1 Bathroom
    28 SqM Size
    2 Floor
    Nov 2024 Completed
    (3 Reviews)
    Sale Price
    £79,900
    6

    About This Condo

    This property is a 28 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Nov 2024. You can buy this condo for a base price of £79,900 (£2,850/SqM).

    Luxurious Transformable Apartment with pool view in Bang Tao

    Serene Condo is the second project on the island by SID, following the highly successful Diamond project, which demonstrated significant appreciation in property value and high occupancy rates, leading to excellent rental yields.   Discover this unique 28 square meter apartment located on the fourth floor (second residential floor) of a premium residential complex. The building features two additional technical floors housing commercial spaces, enhancing the overall convenience and accessibility.   Key Features: - Transformable Space and Functional Layout: This apartment is designed for maximum versatility. The bedroom with a large bed can be easily transformed into a dining area by lifting the bed, revealing a spacious table for meals or work. Despite its compact size, the apartment includes a separate shower, toilet with sink, and ample storage space with two large closets. - Modern Amenities: Equipped with all essential amenities including wireless phone chargers, high-quality sanitary fixtures, and premium materials throughout. - Expansive Balcony: Enjoy a large balcony with a stunning view of the pool, perfect for relaxation and leisure. - Prime Location: Situated in a highly desirable area, just 15 minutes from renowned beach clubs. The complex itself offers several pools, a fitness center, and a coworking space, providing a complete infrastructure for both short-term and long-term stays. - Green Surroundings: The complex is nestled amidst lush greenery, offering a serene environment despite being in a well-developed area with restaurants, beach clubs, and tennis courts nearby. - Guaranteed Rental Program: Benefit from a guaranteed rental program with the developer, ensuring a minimum return of 5% per annum. The developer also manages the property, making it an excellent investment opportunity. - Attractive Pricing: Due to urgent circumstances, I'm looking to sell this property quickly. This means the apartment is being offered at a minimal price, almost without any markup after purchase and without an agent's commission, only a minimal FazWaz fee applies. This makes the price extremely attractive, especially considering that a similar unit from the developer was recently sold for nearly 4 million baht. - Completion Stage: The complex is in its final stages of completion and is expected to be operational by the end of the year. This means rental income can be expected from January next year. Additionally, you can enjoy a holiday stay during the peak season.   This apartment is perfect for those seeking a luxurious, functional, and conveniently located living space with the added benefit of a guaranteed rental income. Don't miss out on this exceptional property!

    Features

    BalconyBalcony

    Basic Information

    Date Listed Oct 4, 2024
    Updated 4 weeks ago
    Property Type Condo
    Floor 2
    Bedroom Studio
    Size 28 SqM
    Price per SqM £2,850
    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
    Unit Type N/A
    Building Building B
    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.
    £38/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1931875

    Investment Opportunity: Charges & Yield

    Sale Price
    £79,900
    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.
    £38/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.
    20
    Guaranteed Rental Return
    5%
    Guarantee Duration
    5 Years

    Project Details

    Project Name: Serene Condominium Phuket
    Developer: Serene Innovations & Developments
    Construction: Completed (Nov 2024)
    Floors: 8
    Buildings: 2
    Units: 186
    Project Area: 3,300 SqM
    Nearest Landmark Surin Beach - 1 Km
    Location: Choeng Thale, Phuket
    Serene Condominium Phuket Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    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
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Solar Panels Solar Panels
    Shuttle Bus Shuttle Bus
    Cafe Cafe

    Popular Facilities at Serene Condominium Phuket

    • All
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      1st Floor
    • Communal Pool
      8th Floor
    • On Site Restaurant
      8th Floor

    Available Units at Serene Condominium Phuket

    • All
    • Studio
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Serene Condominium Phuket
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at Serene Condominium 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 £38 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 Serene Condominium Phuket the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
    Serene Condominium Phuket offers a guaranteed rental return of 5% (based on the purchase price of the property) for a duration of 5 Years.
    Read more here.
    Surin Beach is the nearest Beach from Serene Condominium Phuket and it is 1 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 Serene Condominium Phuket you have to follow these steps:

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

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,570
    1st Installment
    Upon contract signing
    35%
    2nd Installment
    Superstructure completion
    30%
    3rd Installment
    Doors, windows, ceiling and tiles installation
    15%
    4th Installment
    Unit completion
    10%
    5th Installment
    On handover
    10%

    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

    4.6 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Most innovative project vision in Phuket
    Semen Pushkarev, Visitor, 2 years ago
    Great Concept and Sustainable vision. A good solution for investors with a budget of 100-200k USD. Friendly team
    Eco Friendly interesting project.
    Verified Visitor, 4 years ago
    Had a chance to visit the sales office and show unit of Serene. I personally was impressed of the eco-friendly type of project they are planning to build, with solar panels powering all the common areas and with every tree the cut down they will plant 2 more. The furniture in the showroom was impressive with the foldable tables and bed to save space and they also offer a great rental guarantee plus rental pool which seems unique to me. If you're an eco freak like me this project is definitely something to keep your eye on.
    Eco-friendly condo
    Reda Horstman, Ireland, 4 years ago
    Serene Condominium Phuket is a very good project. It focuses on environmentally friendly. I went to the Sales office and was very impressed because it is an environmentally conscious project. It perfectly matches to those who love nature. The project itself is also meet the residents' need as well. It is designed a modern that is conducive to everyday life. Besides, the Serene Condominium Phuket is not far from Phuket's tourist attractions, accessible to all Phuket destinations, such as only 1 kilometer from Bang Tao Beach and not far from Phuket International Airport as well. Overall, this is a new project and is ideal for investment.
    Phuket
    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

    Street View

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