777 Beach Condo

4.47 (6 Reviews)

Mai Khao, Thalang,Phuket

Unit ID: U226573
7% GUAR. RETURN FOR 3 YEARS
฿3,180,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
20 SqM Size
Floors
6 Floor
Construction
Jun 2021 Completed

1 Bedroom Condo for sale at 777 Beach Condo

This property is a 20 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the 777 Beach Condo project in Mai Khao, Phuket and was completed in Jun 2021. You can buy this condo for a base price of ฿3,180,000 (฿159,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 20 SqM
Price per SqM ฿159,000
Condo 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%.

Foreign Quota, Thai Quota, Leasehold, Company
Furniture
Available for ฿200,000
View(s) Pool View
Unit Type A - 1 Bedroom
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.
฿1,200/mo
Listed By
Developer
Date Listed Nov 8, 2019
Last Updated 2 years ago
Unit ID U226573

Price Analysis

Good Price
Estimated market value ฿3,306,514
Great
฿1,920,000
Good
Fair
Above
฿4,700,000
Current asking Price: ฿3,180,000
This condo is ฿126,514 BELOW MARKET (-4%) in the Phuket area. It is analyzed against similar condos 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
฿3,180,000
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.
฿1,200/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
3 Years

Project Details

Project Name: 777 Beach Condo
Construction: Completed (Jun 2021)
Floors: 8
Buildings: N/A
Units: 777
Project Area: N/A
Nearest Landmark Mai Khao Beach - 1.3 Km
Location: Mai Khao, Thalang, Phuket
777 Beach Condo Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Sauna Sauna
Tennis Court Tennis Court

Available Units at 777 Beach Condo

Get notified when new homes are being added to 777 Beach Condo

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
on the signing date of the sales and purchase agreement (30 days after initial reservation).
50%
2nd Installment
upon completion of construction of 5th Floor structure
15%
3rd Installment
upon completion of construction of the exterior structure of the condominium building
15%
4th Installment
upon the completion of the plastering work.
15%
5th Installment
On handover
5%

Frequently asked questions

The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿1,200 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 777 Beach Condo the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
777 Beach Condo offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Mai Khao Beach is the nearest Beach from 777 Beach Condo and it is 1.3 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 777 Beach Condo 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
฿100,000
1st Installment
on the signing date of the sales and purchase agreement (30 days after initial reservation).
50%
2nd Installment
upon completion of construction of 5th Floor structure
15%
3rd Installment
upon completion of construction of the exterior structure of the condominium building
15%
4th Installment
upon the completion of the plastering work.
15%
5th Installment
On handover
5%

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

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

4.5 out of 5 4.47
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location is quiet and well-equipped.
5 Paul Nyugen, United States, 8 months ago
The atmosphere of living in this neighborhood is suitable for people who love peace and do not like the hustle and bustle of the city. I am so happy because I have been searching for a place like this for a while. Also, it's not far from the surrounding facilities, near a local community, a convenience store, shops, and restaurants. It's also close to Phuket International Airport, only 10 minutes by car. The project is large with 777 units ranging from 1-2 bedrooms, coming with a full range of facilities, such as a swimming pool, tennis courts, fitness centers, restaurants, and many more. If I don't choose here, so where else? This is very complete.
The atmosphere is suitable for relaxation.
3.3 Lucia Jett, Belgium, 10 months ago
This condo is a 7-story low-rise condominium, and the facilities are considered complete because the quality and price are reasonable. The room is decorated like a hotel. The rooms are studio and 1 bedroom size that come with a spacious balcony. The project is located about 1 kilometer from Mai Khao Beach, and this neighborhood is relatively peaceful. If traveling to Phuket town, it takes about 45 minutes by car.
Located on Ban Bo Sorm 3016 road
5 Elizabeth Woodson, Australia, 11 months ago
Located on Ban Bo Sorm 3016 road, the entrance is well paved, and the traffic is not heavy. The surrounding atmosphere is good, with many plants surrounded the project. It's close to the Mai Khao beach, a beautiful and peaceful beach, just less than 2 kilometers away. So far, the project is under construction. There are 777 units, ranging from the studios and 1-bedroom types. The usable area will be a bit small. Besides, the selling price does not include furniture in many units. There are various facilities such as a spa, a sauna, a gym, a restaurant, a swimming pool, and a tennis court.
Condo with a good atmosphere, complete and close to the beautiful beach
4.2 Gracia H., Australia, 11 months ago
The atmosphere is very good and private. It is impressive. The atmosphere is not only nice, but the staff is helpful and friendly. The project provides various on-site restaurants. This reason makes this condo more than a place to stay because it is very convenient as it is close to Phuket's main road, shopping malls, beaches, convenience stores, and many tourist attractions. It is worthwhile, and I won't hesitate to recommend it here.
Luxury condo, there are many types of rooms to choose from
4.8 Chelsie Briones, France, 1 year ago
The condo is luxurious, and the atmosphere is suitable for relaxation. There are many room sizes to choose from. The room we choose is a 1 bedroom room because I stay with my boyfriend. The room is fully furnished, but the decoration is not very beautiful and focuses on convenience rather than beauty. The common area is nothing more outstanding than the large outdoor pool. There are vacation rentals, sunbeds, and gardens, a great place to relax and read books. It is very comfortable. Personally, as I've lived here for a long time, I'd like to appreciate the staff's services and the guards always keep the condo area clean and safe, not disappointed at all choosing here.
Very convenient, near the airport
4.5 Woojung Lee, South Korea, 2 years ago
The place that all comforts of living available. Within the project, there are many shops, cafes, minimarts, and restaurants. Plus, the swimming pool is also large for residents. The project only has a one-bedroom type at 20 square meters wide, which is quite small and suitable for living alone or as a couple. Inside, there is a mini kitchen corner that is not suitable for cooking a big meal. The location is excellent because it is not far from Phuket Airport and close to Mai Khao Beach, only 5 minutes.

Phuket

Mai Khao

Neighborhood Overview

Location and Neighborhood

Street View

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