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    Studio Condo for sale at The Charm
    Patong, Kathu,Phuket
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    Sale Price
    £213,000
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    Studio Condo for sale at The Charm

    (1 Review)
    Patong, Kathu,Phuket
    Unit ID: U1164304
    5% GUAR. RETURN FOR 3 YEARS
    Studio Bedroom
    1 Bathroom
    52 SqM Size
    1 Floor
    Sep 2014 Completed
    (1 Review)
    Sale Price
    £213,000
    15

    About This Condo

    This property is a 52 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Sep 2014. You can buy this condo for a base price of £213,000 (£4,100/SqM).

    The Charm 1st Floor

    Freehold fully furnished condominium with a private jacuzzi at The Charm Resort in Patong. Property features Infinity swimming poolGymSaunaReceptionRestaurant & lobby bar on-siteBeachfrontSky bar & restaurant on-sitePrivate jacuzzi40m to Patong Beach Property description A freehold condominium that you can own outright as a Non -Thai citizen.Patong has virtually no other developments within 50m to the beach available for foreign freehold ownership, making it a unique opportunity for investment The condominium is located on the 1st floor within a 4-star resort with the typical service for this category. It has a big private hot tub (jacuzzi) on the patio. Location The proximity to Patong Beach — Phuket’s best-known beach — is what makes this property special.The development is situated centrally but in a quiet cul de sac — perfect for relaxation. Walking distance to Patong Beach, the vivid centre of Patong, Bangla Road, Jungceylon Shopping Mall, plenty of restaurants, bars, etc. Interior Super king-size bed (180x200 cm) - Single bed (90x200cm)- Ample wardrobe space- Office desktop - Kitchenette with fridge, microwave- Patio with private hot tub- Bathroom with tub and spacious shower - A⁄C, flat-screen TV, DVD, WiFi, etc. Advantages -Foreign freehold at Patong Beach-The Charm Resort, a 4-star condotel in Patong -All year income from rentals -Already renowned resort with high performance -Ready for occupancy-Quick transfer of ownership-Persistent high value -Immediate returns — no construction means no delays. The completed property is ready to hit the rental market asap. If it s livable, it is rentable, meaning your investment can generate a return from day one. The affordable price and potential high nightly rental rates make the property ideal for return on investment all year round.

    Features

    JacuzziJacuzzi BalconyBalcony Outdoor ShowersOutdoor Showers BathtubBathtub

    Basic Information

    Date Listed Oct 19, 2022
    Updated 1 year ago
    Property Type Condo
    Floor 1
    Bedroom Studio
    Size 52 SqM
    Price per SqM £4,100
    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%.

    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.
    Fully Furnished
    View(s) Garden View, Unblocked Open View
    Unit Type N/A
    Building Communal Area
    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.
    £72/mo
    Listed By
    Broker Network
    Electricity Price N/A
    Water Price N/A
    Unit ID U1164304

    Investment Opportunity: Charges & Yield

    Sale Price
    £213,000
    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.
    £72/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
    3 Years

    Project Details

    Project Name: The Charm
    Developer: The Charm Resort Phuket
    Construction: Completed (Sep 2014)
    Floors: 6
    Buildings: 2
    Units: 246
    Project Area: 4,800 SqM
    Nearest Landmark Patong Beach - 0.2 Km
    Location: Patong, Phuket
    The Charm Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at The Charm

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • Sauna
      Ground Floor
    • On Site Restaurant
      Ground Floor

    Available Units at The Charm

    For Sale 6 For Rent 2
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to The Charm
    View All (6)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at The Charm 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 £72 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.
    The Charm offers a guaranteed rental return of 5% (based on the purchase price of the property) for a duration of 3 Years.
    Read more here.
    Patong Beach is the nearest Beach from The Charm and it is 0.2 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 The Charm 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Near Patong Beach, Super romantic
    Kristina Caulfield, Canada, 5 years ago
    My boyfriend and I love it! It's a romantic place to stay and spend precious time with the people you love. What I like best is the Jacuzzi on our balcony because it is very beautiful and private. The service is excellent and conveniently located in front of Patong Beach near Bangla Road. It's only a few steps to go to many places in Patong such as, shops, restaurants, and nightlife venues at the famous and well-known Bangla Road. I love to hang out every night. Also, our accommodation is very close. You can walk back to your place, very comfortable. OMG! It's a really great condo in my mind, and many different room types are available to choose from at a very competitive price. I'd recommend The Charm as the luxurious condo option in Patong.
    Phuket
    Patong

    Neighborhood Overview

    Location and Neighborhood

    Street View

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