Studio Condo for sale at Wekata Luxury

 (Write Review)
Karon, Phuket Town,Phuket
Unit ID: U1942989
7% GUAR. RETURN FOR 7 YEARS
Studio Bedroom
1 Bathroom
44.30 SqM Size
7 Floor
Jan 2022 Completed

About This Condo

This property is a 44.30 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Jan 2022. You can buy this condo for a base price of £131,000 (£2,970/SqM).

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Oct 2, 2024
Updated 2 months ago
Property Type Condo
Floor 7
Bedroom Studio
Size 44.30 SqM
Price per SqM £2,970
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%.

N/A
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) City View
Unit Type N/A
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.
£62/mo
Listed By
Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1942989

Investment Opportunity: Charges & Yield

Sale Price
£131,000
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.
£62/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
7 Years

Project Details

Project Name: Wekata Luxury
Developer: Phuket9 Co., Ltd.
Construction: Completed (Jan 2022)
Floors: 8
Buildings: N/A
Units: 15
Project Area: N/A
Nearest Landmark Kata Beach - 0.5 Km
Location: Karon, Phuket
Wekata Luxury Project Details

Project Features

Hotel Managed Hotel Managed
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
Key card access Key card access

Available Units at Wekata Luxury

Updated 2 days ago
Available Units at Wekata Luxury
£124,000£157,000
£3,100/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Mountain View
Updated 2 months ago
Available Units at Wekata Luxury
£127,000
£2,830/SqM
Beds 2 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Mountain View
Updated 1 month ago
Available Units at Wekata Luxury
£124,000
£3,540/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 6 Floor
Fully Furnished Mountain View
Updated 2 months ago
Available Units at Wekata Luxury
£209,000
£3,220/SqM
Beds 1 Beds
Baths 1 Baths
Size 65 SqM Size
Floor 1 Floor
Fully Furnished Pool View
Available Units at Wekata Luxury
£131,000
£2,970/SqM
Beds Studio Beds
Baths 1 Baths
Size 44.30 SqM Size
Floor 7 Floor
Fully Furnished City View
Available Units at Wekata Luxury
£104,000
£3,410/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Garden View
Available Units at Wekata Luxury
£120,000
£3,880/SqM
Beds Studio Beds
Baths 1 Baths
Size 31 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Partial Sea View
Available Units at Wekata Luxury
£110,000
£3,600/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 2 Floor
Leasehold Fully Furnished City View
Available Units at Wekata Luxury
£114,000
£2,850/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 7 Floor
Fully Furnished Mountain View
Available Units at Wekata Luxury
£116,000
£3,840/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.09 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Mountain View
Available Units at Wekata Luxury
£127,000
£4,170/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 6 Floor
Company Fully Furnished Pool View
Available Units at Wekata Luxury
£139,000
£4,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 34.66 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Garden View
Available Units at Wekata Luxury
£139,000
£4,030/SqM
Beds 1 Beds
Baths 1 Baths
Size 34.46 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Mountain View
Available Units at Wekata Luxury
£181,000
£3,920/SqM
Beds 1 Beds
Baths 1 Baths
Size 46.18 SqM Size
Floor 4 Floor
Company Fully Furnished Pool View
Available Units at Wekata Luxury
£220,000
£3,390/SqM
Beds 1 Beds
Baths 1 Baths
Size 64.75 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Pool View
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Frequently Asked Questions

No pets are allowed at Wekata Luxury 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 £50 per square meter based on the size of indoor area of the property and is £62 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 Wekata Luxury the required payment for the sinking fund is £330 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Wekata Luxury and it is 0.5 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 Wekata Luxury 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

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Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

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