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

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 ฿9,200,000 (฿176,923/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 ฿176,923
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.
฿3,120/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1164304

Investment Opportunity: Charges & Yield

Sale Price
฿9,200,000
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.
฿3,120/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
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

  • 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
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 ฿60 per square meter based on the size of indoor area of the property and is ฿3,120 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

Projects Nearby The Charm

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Year Built
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Completion Status
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