Patong Bay Hill

4 (1 Review)

Patong, Kathu,Phuket

Unit ID: U18784
7% GUAR. RETURN FOR 15 YEARS
฿6,560,000 ฿7,500,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
70 SqM Size
Floors
1 Floor
Construction
Dec 2021 Off Plan

1 Bedroom Apartment for sale at Patong Bay Hill

This property is a 70 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Patong Bay Hill project in Patong, Phuket and it is scheduled for completion in Dec 2021. You can buy this apartment for a base price of ฿6,560,000 (฿93,714/SqM).

Features

Pool AccessPool Access TerraceTerrace

Basic Information

Property Type Apartment
Floor 1
Bedroom 1
Size 70 SqM
Price per SqM ฿93,714
Apartment Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Leasehold
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) Partial Sea View, Pool View
Unit Type 1
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.
N/A
Listed By
Developer
Date Listed Nov 4, 2016
Last Updated 1 year ago
Unit ID U18784

Price Analysis

Great Price
Estimated market value ฿7,575,644
Great
฿5,990,000
Good
Fair
Above
฿6,340,000
Current asking Price: ฿6,560,000 | Rental estimate: ฿49,200/mo
This apartment is ฿1,015,644 BELOW MARKET (-13%) in the Phuket area. It is analyzed against similar apartments & flats and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿6,560,000
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
15 Years

Project Details

Project Name: Patong Bay Hill
Construction: Off Plan (Dec 2021)
Floors: 2
Buildings: N/A
Units: 429
Project Area: N/A
Nearest Landmark Bangla Road - 1.8 Km
Location: Patong, Kathu, Phuket
Patong Bay Hill 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
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
On completion
10%
5th Installment
On handover
10%

Frequently asked questions

Bangla Road is the nearest Tourist Attraction from Patong Bay Hill and it is 1.8 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

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
On completion
10%
5th Installment
On handover
10%

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

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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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It's a nice condominium project near Patong Beach
4 Kan J., Thailand, 1 year ago
I decided to book 1 room for a family relaxation place, and I want to fulfill happiness for them. I love Patong Beach very much, and I decided to buy it because it's a new project and scheduled to complete next year. The on-site is beautiful, and the rooms are lovely, designed especially for relaxation. It is fully furnished. There is a living room, a kitchen, and a bedroom, you can experience the view from all zones. The common area could be called a landmark because there is an extensive range of facilities, including a swimming pool, sports courts, playgrounds, etc. Overall, I think it's okay. You may use a private car for convenience in traveling and getting around. I won't be disappointed when the project is completed because it is very nice and cozy.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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