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Studio Condo for sale at The Light
Talat Nuea, Phuket Town,Phuket
Unit ID:
U1678206
6% Rental Yield
About This Condo
This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Talat Nuea, Phuket and was completed in Dec 2013. You can buy this condo for a base price of £38,400 (£1,420/SqM).
Features
Balcony
Basic Information
Date Listed
Oct 10, 2023
Updated
1 year ago
Property Type
Condo
Floor
4
Bedroom
Studio
Size
27 SqM
Price per SqM
£1,420
Pets
Not Allowed
Condo Ownership
Thai Quota
Furniture
N/A
View(s)
City View
Unit Type
N/A
Building
N/A
CAM Fee
£22/mo
Listed By
Private Owner
Electricity Price
N/A
Water Price
N/A
Unit ID
U1678206
Investment Opportunity: Charges & Yield
Sale Price
£38,400
CAM Fee
£22/mo
Price-to-Rent Ratio
16
Rental Yield
6%
Project Details
Project Name:
The Light
Developer:
N/A
Construction:
Completed (Dec 2013)
Floors:
15
Buildings:
N/A
Units:
185
Project Area:
N/A
Nearest Landmark
Phuket Immigration Office
- 2 Km
Location:
Talat Nuea, Phuket
The Light Project Details
Project Features
On Site Restaurant
Communal Pool
Communal Gym
24H Security
CCTV (Video Surveillance)
Car Parking
Reception / Lobby Area
Available Units at The Light
For Sale 8
For Rent 7
£102,000
£1,500/SqM
2
Beds
2
Baths
68
SqM
Size
4
Floor
Thai Quota
Fully Furnished
City View
£99,700
£1,450/SqM
2
Beds
2
Baths
68.84
SqM
Size
4
Floor
Thai Quota
Fully Furnished
£56,600
£1,620/SqM
1
Beds
1
Baths
35
SqM
Size
12
Floor
Foreign Quota
Fully Furnished
Mountain View
£54,300
£1,560/SqM
1
Beds
1
Baths
34.75
SqM
Size
8
Floor
Foreign Quota
Fully Furnished
City View
£102,000
£1,480/SqM
2
Beds
2
Baths
69
SqM
Size
6
Floor
Foreign Quota
Fully Furnished
City View
£54,500
£1,560/SqM
1
Beds
1
Baths
35
SqM
Size
15
Floor
Fully Furnished
Mountain View
£42,000
£1,560/SqM
Studio
Beds
1
Baths
27
SqM
Size
9
Floor
Thai Quota
Fully Furnished
Mountain View
£38,400
£1,420/SqM
Studio
Beds
1
Baths
27
SqM
Size
4
Floor
Thai Quota
City View
Get notified when new homes are being added to The Light
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Frequently Asked Questions
No pets are allowed at The Light 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 £22 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 The Light the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
Phuket Immigration Office is the nearest Immigration Office from The Light and it is 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.
After you have found the right property at The Light you have to follow these steps:
- - Agreement of terms and conditions
- - Reservation Agreement
- - Reservation Deposit
- - Sales and Purchase Agreement
- - Settlement & Transfer
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.
Reviews
5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is considered excellent for investment.
I really made the right decision to buy a room in this project for rent. Many foreign customers are interested in renting it all year. Maybe because of its location in Phuket Town, it is still quiet and close to all amenities, such as Chalermprakiat Park, Phuket. It is a garden for relaxation and exercise, less than 10 minutes walk. This neighborhood has a 7-Eleven, including many restaurants. Central Festival Phuket is just a 5-minute drive away. The room I bought for rent out is a 1-bedroom unit, quite spacious. It's are fully furnished, you don't have to add anything more. In addition, the project also has an infinity pool, fitness center, and other needs of the tenants. It is considered excellent for investment.
Phuket
Talat Nuea
Neighborhood Overview
-
Buy
£18.1K - £2.84M -
For Sale on LivePhuket
101 properties -
Rent
£227 - £1.7K -
For Rent on LivePhuket
103 properties -
To Phuket Immigration Office
2.5 km / 6 minutes by driving -
To Phuket International Airport
34.9 km / 46 minutes by driving
Location and Neighborhood
Projects Nearby The Light
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
Chaofa Dowroong
Location
Talat Nuea, Phuket Town, Phuket
Number of units
N/A
Sales Prices
£145K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
The WIDE Condotel - Phuket
Location
Talat Nuea, Phuket Town, Phuket
Number of units
60
Monthly Rentals
£273 - £795
Year Built
Oct 2013
Completion Status
Completed
Project Name
Villa Daorung
Location
Wichit, Phuket Town, Phuket
Number of units
N/A
Sales Prices
£125K
Monthly Rentals
£318
Year Built
Jun 2020
Completion Status
Completed
Project Name
The View Condo Suanluang
Location
Wichit, Phuket Town, Phuket
Number of units
884
Monthly Rentals
£227 - £409
Year Built
Dec 2014
Completion Status
Completed
Project Name
Eva Town
Location
Wichit, Phuket Town, Phuket
Number of units
72
Monthly Rentals
£681 - £1.14K
Year Built
Jun 2014
Completion Status
Completed
Project Name
Sugar Palm Residence
Location
Talat Nuea, Phuket Town, Phuket
Number of units
270
Monthly Rentals
£409 - £1.36K
Year Built
Apr 2014
Completion Status
Completed
Project Name
Living Residence Phuket
Location
Wichit, Phuket Town, Phuket
Number of units
19
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Project Name
Connext
Location
Talat Nuea, Phuket Town, Phuket
Number of units
361
Monthly Rentals
£273 - £681
Year Built
Nov 2015
Completion Status
Completed
Project Name
Pornsawan Condotel
Location
Wichit, Phuket Town, Phuket
Number of units
232
Sales Prices
£31.6K
Monthly Rentals
£227
Year Built
Mar 2008
Completion Status
Completed
Project Name
Phuket Villa Suanluang
Location
Wichit, Phuket Town, Phuket
Number of units
708
Sales Prices
£143K
Monthly Rentals
£909
Year Built
N/A
Completion Status
Completed
Projects Nearby The Light
Save
Chaofa Dowroong
The WIDE Condotel - Phuket
Villa Daorung
The View Condo Suanluang
Eva Town
Sugar Palm Residence
Living Residence Phuket
Connext
Pornsawan Condotel
Phuket Villa Suanluang