Palmetto Park Condominium

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Karon, Phuket Town, Phuket

10% GUARANTEED RETURN FOR 3 YEARS
For Sale 19 Units
฿3,310,000
Construction
Dec 2022 Off Plan
Floors
7 Floors
Tower
1 Building
Units
77 Units
Project Area
1,120 SqM Project Area

Palmetto Park Condominium in Karon, Phuket

Palmetto Park Condominium is a condo and apartment project located in Karon, Phuket and it is scheduled for completion in Dec 2022. It has 77 units across 7 floors and was developed by Art House Group, who is also behind The Proud Residence, Palmetto Condo and The Proud Condominium.

Features & Amenities

  • Communal Pool at Palmetto Park Condominium
    Communal Pool
    Rooftop
  • Library / Reading Room at Palmetto Park Condominium
    Library / Reading Room
    Ground Floor

Available Units at Palmetto Park Condominium

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Available Units at Palmetto Park Condominium
฿118,455
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.84 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Mountain View
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Available Units at Palmetto Park Condominium
฿121,120
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.38 SqM Size
Floor 6 Floor
Foreign Quota Unfurnished Mountain View
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Available Units at Palmetto Park Condominium
฿120,821
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.88 SqM Size
Floor 6 Floor
Foreign Quota Unfurnished Mountain View
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Available Units at Palmetto Park Condominium
฿111,981
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Mountain View
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Available Units at Palmetto Park Condominium
฿106,245
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.20 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Mountain View
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Compare
Available Units at Palmetto Park Condominium
฿117,981
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Mountain View
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Available Units at Palmetto Park Condominium
฿111,579
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.80 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿117,821
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.88 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿117,981
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿108,821
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.88 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿109,601
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.61 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿109,120
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.38 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿120,981
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 6 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿108,981
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿111,821
Beds 1 Beds
Baths 1 Baths
Size 31.88 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿102,654
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿120,981
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.61 SqM Size
Floor 6 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿118,601
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.61 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Mountain View
Favorite
Compare
Available Units at Palmetto Park Condominium
฿109,868
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.20 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Mountain View
Get notified when new homes are being added to Palmetto Park Condominium
Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Convenience
Convenience
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units
Ratio of Parking Spaces to # of Units 13%
Charging Stations on Site
Charging Stations on Site No
# of passenger lifts in each building
# of passenger lifts in each building 2

Management

Common Area Management Fee
Common Area Management 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.
฿60/SqM
Sinking Fund
Sinking Fund
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 Palmetto Park Condominium the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
฿800/SqM
Freehold Premium
Freehold Premium
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿250,000

Payment Plan

Option I
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
Land Preparation
15%
3rd Installment
Construction Start
10%
4th Installment
Foundation Completion
10%
5th Installment
Structural Completion
10%
6th Installment
Door & Windows of unit
10%
7th Installment
On handover
10%
Option II (5% discount)
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
50%
2nd Installment
Construction Start
10%
3rd Installment
Foundation Completion
10%
4th Installment
Structural Completion
10%
5th Installment
Door & Windows of unit
10%
6th Installment
On handover
10%
Option III (5% cash back per year until Completion or 7% Cash discount)
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
100%

Master Plan

Building Floor Plans

  • Communal Pool at Palmetto Park Condominium on Rooftop
    Communal Pool
    Rooftop
  • Library / Reading Room at Palmetto Park Condominium on Ground Floor
    Library / Reading Room
    Ground Floor

About the Developer - Art House Group

All Art House Group Projects
5 Projects 363 Units

Frequently asked questions

Frequently asked questions about Palmetto Park Condominium
No pets are allowed at Palmetto Park 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 at Palmetto Park Condominium is ฿60 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Palmetto Park Condominium the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Palmetto Park Condominium offers a guaranteed rental return of 10% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Karon Beach is the nearest Beach from Palmetto Park Condominium and it is 0.8 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 you have to follow these steps:

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

Option I
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
Land Preparation
15%
3rd Installment
Construction Start
10%
4th Installment
Foundation Completion
10%
5th Installment
Structural Completion
10%
6th Installment
Door & Windows of unit
10%
7th Installment
On handover
10%
Option II (5% discount)
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
50%
2nd Installment
Construction Start
10%
3rd Installment
Foundation Completion
10%
4th Installment
Structural Completion
10%
5th Installment
Door & Windows of unit
10%
6th Installment
On handover
10%
Option III (5% cash back per year until Completion or 7% Cash discount)
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
100%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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

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Phuket

Karon

Neighborhood Overview of Karon, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Palmetto Park Condominium is conveniently located just 330 m from Ice Family Tour, which can be reached within 4 mins. by foot.

There are many other shops situated in the area of Palmetto Park Condominium, the 3 closest being:
- Kata Shopping Center Phuket is 540 m away (about 7 mins. by foot)
- Survoo Coffee by Mrs. Kanya Mooksakul is 830 m away (about 10 mins. by foot)
- Lotus Karon is 820 m away (about 10 mins. by foot)

The surrounding area, where Palmetto Park Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
- Bird mini mart is 880 m away (a walk of about 13 mins.)
- Mellow space boutique rooms & Restaurant is 410 m away (a walk of about 6 mins.)
- Mellow Rooms is 410 m away (a walk of about 6 mins.)

Clinic is the nearest health facility, which is 1.9 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Palmetto Park Condominium are:
- Sunrise Divers Phuket Thailand - SSI Scuba Diving Training Center is 460 m away (about 6 mins. by foot)
- Sharkey Scuba Dive Center Karon Phuket is 1.3 km away (an approx. drive of 3 mins.)
- PSSC Surf Phuket is 1.5 km away (an approx. drive of 3 mins.)

Phuket International Airport is located 47.5 km from Palmetto Park Condominium and it takes about 1 hour 0 mins. by car or taxi (depending on the traffic) to get there.

Projects Nearby Palmetto Park 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
Palmetto Condo in Karon, Phuket
Project Name
Palmetto Condo
Location
Phuket Town, Phuket, Thailand
Number of units
30
Sales Prices
฿4M - ฿7.17M
▲ 2.3% overpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Utopia Karon in Karon, Phuket
Project Name
Utopia Karon
Location
Phuket Town, Phuket, Thailand
Number of units
238
Sales Prices
฿4.7M - ฿6.5M
▼ -6.1% underpriced
Monthly Rentals
N/A
Year Built
Jun 2021
Completion Status
Completed
Palm & Pine At Karon Hill in Karon, Phuket
Location
Phuket Town, Phuket, Thailand
Number of units
61
Sales Prices
฿2.25M - ฿26.6M
▼ -7.1% underpriced
Monthly Rentals
N/A
Year Built
Jun 2013
Completion Status
Completed
Karon Hill Residence in Karon, Phuket
Location
Phuket Town, Phuket, Thailand
Number of units
156
Sales Prices
฿2.8M
Monthly Rentals
N/A
Year Built
Jul 2013
Completion Status
Completed
Karon Butterfly in Karon, Phuket
Project Name
Karon Butterfly
Location
Phuket Town, Phuket, Thailand
Number of units
166
Sales Prices
฿3.8M - ฿13.5M
▼ -18.7% underpriced
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Sunset Plaza Condominium in Karon, Phuket
Location
Phuket Town, Phuket, Thailand
Number of units
50
Sales Prices
฿8.4M - ฿42M
▼ -35% underpriced
Monthly Rentals
N/A
Year Built
May 2009
Completion Status
Completed
The Ark At Karon Hill in Karon, Phuket
Location
Phuket Town, Phuket, Thailand
Number of units
98
Sales Prices
฿5.1M - ฿6.85M
▼ -26.5% underpriced
Monthly Rentals
฿46K - ฿55K
Year Built
Jul 2014
Completion Status
Completed
Phuket Encore The Residence in Karon, Phuket
Location
Phuket Town, Phuket, Thailand
Number of units
306
Sales Prices
฿3.84M - ฿21.1M
Monthly Rentals
N/A
Year Built
Nov 2020
Completion Status
Completed
Sea And Sky in Karon, Phuket
Project Name
Sea And Sky
Location
Phuket Town, Phuket, Thailand
Number of units
53
Sales Prices
฿3.9M - ฿7.5M
▲ 19% overpriced
Monthly Rentals
N/A
Year Built
Mar 2015
Completion Status
Completed
Baan Saint Tropez Villas in Karon, Phuket
Location
Phuket Town, Phuket, Thailand
Number of units
4
Sales Prices
N/A
Monthly Rentals
฿200K
Year Built
Dec 2018
Completion Status
Completed
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