Studio Condo for sale at VIP Great Hill Condominium

(2 Reviews)
Sakhu, Thalang,Phuket
Unit ID: U1153404
6% GUAR. RETURN FOR 2 YEARS
Studio Bedroom
1 Bathroom
22.25 SqM Size
7 Floor
Mar 2022 Completed

About This Condo

This property is a 22.25 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Sakhu, Phuket and was completed in Mar 2022. You can buy this condo for a base price of £49,100 (£2,210/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 24, 2024
Updated 5 months ago
Property Type Condo
Floor 7
Bedroom Studio
Size 22.25 SqM
Price per SqM £2,210
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, Thai Quota, Company
Furniture
Available for £6,950
View(s) Blocked View
Unit Type B
Building N/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.
£16/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1153404

Investment Opportunity: Charges & Yield

Sale Price
£49,100
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.
£16/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
2 Years

Project Details

Developer: VIP Thailand
Construction: Completed (Mar 2022)
Floors: 7
Buildings: 1
Units: 215
Project Area: 2,030 SqM
Nearest Landmark Nai Yang Beach - 2.3 Km
Location: Sakhu, Phuket
VIP Great Hill Condominium Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at VIP Great Hill Condominium

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    1st Floor
  • Communal Garden Area
    Rooftop

Available Units at VIP Great Hill Condominium

For Sale 11 For Rent 19
Get notified when new homes are being added to VIP Great Hill Condominium
View All (11)

Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£1,160
1st Installment
On handover
50%
2nd Installment
The second payment of the contract
20%
3rd Installment
The third payment of the contract
20%
4th Installment
On handover
10%

Frequently Asked Questions

No pets are allowed at VIP Great Hill Condominium 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 £16 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 VIP Great Hill Condominium the required payment for the sinking fund is £9 per square meter based on the size of the indoor area of the property.
VIP Great Hill Condominium offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 2 Years.
Read more here.
Nai Yang Beach is the nearest Beach from VIP Great Hill Condominium and it is 2.3 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 VIP Great Hill Condominium you have to follow these steps:

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

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£1,160
1st Installment
On handover
50%
2nd Installment
The second payment of the contract
20%
3rd Installment
The third payment of the contract
20%
4th 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

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The project is currently under construction. Lovely and stylish.
Grace Lauren, Sweden, 3 years ago
I work at Phuket International Airport and intend to buy a condo at a reasonable price. Since I found this project, which is now under construction and will be done soon. I'm looking forward to that. The project is stunning and modern. In addition, the project has all the basic amenities. A swimming pool, fitness center, garden, and parking are all available. Firstly, I planned to buy a studio. But since the prices are quite similar, I decided to buy a 1-bedroom unit at 34 square meters instead. It is close to the airport. The surrounding area is peaceful and shady. I went to the sample room and was pleased with what I saw. The project's staff is kind and helpful. It is easy to decide to purchase a room in this project based on the first impression.
This project is very worthwhile at an affordable price
Charlotte Brown, Australia, 4 years ago
The project is still under construction, which should be completed in about 2 years. I've already reserved here. I think that it is very worthwhile at an affordable price. Unfortunately, the project only has one room type available, a studio room. It isn't vast, but well decorated in a modern style and well allocated. Spacious pool. The project also has a guaranteed rental program, which is an interesting option for investment.
Phuket
Sakhu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby VIP Great Hill Condominium

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
Location
Sakhu, Thalang, Phuket
Number of units
472
Sales Prices
£69.5K - £204K
▼ -3.4% underpriced
Monthly Rentals
£417 - £1.16K
Year Built
Nov 2019
Completion Status
Completed
Project Name
The Title Halo 1
Location
Sakhu, Thalang, Phuket
Number of units
329
Sales Prices
£91.8K - £188K
Monthly Rentals
£649 - £1.39K
Year Built
May 2024
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
277
Sales Prices
£58K
Monthly Rentals
£278 - £1.04K
Year Built
Dec 2018
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
814
Sales Prices
£69.6K - £399K
Monthly Rentals
£580
Year Built
May 2026
Completion Status
Off Plan
Location
Sakhu, Thalang, Phuket
Number of units
17
Sales Prices
£69.5K - £127K
Monthly Rentals
£580 - £811
Year Built
Dec 2009
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
44
Sales Prices
£343K - £394K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Sakhu, Thalang, Phuket
Number of units
12
Sales Prices
£440K - £498K
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Off Plan
Project Name
Aileen Villas
Location
Sakhu, Thalang, Phuket
Number of units
7
Sales Prices
£197K - £392K
▲ 6.3% overpriced
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
N/A
Sales Prices
£197K
Monthly Rentals
£1.83K
Year Built
Sep 2009
Completion Status
Completed
Project Name
Happy Place Condo
Location
Sakhu, Thalang, Phuket
Number of units
147
Sales Prices
£51K - £53.3K
▼ -41.5% underpriced
Monthly Rentals
£348 - £464
Year Built
Oct 2015
Completion Status
Completed
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