Aristo Karon Condo

4.5 (1 Review)

Karon, Phuket Town,Phuket

Unit ID: U22069
8% GUAR. RETURN FOR 5 YEARS
฿6,182,118
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
43.88 SqM Size
Floors
1 Floor
Construction
Aug 2020 Completed

1 Bedroom Condo for sale at Aristo Karon Condo

This property is a 43.88 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Aristo Karon Condo project in Karon, Phuket and was completed in Aug 2020. You can buy this condo for a base price of ฿6,182,118 (฿140,887/SqM).

Features

Private GardenPrivate Garden TerraceTerrace

Basic Information

Property Type Condo
Floor 1
Bedroom 1
Size 43.88 SqM
Price per SqM ฿140,887
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%.

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) Garden View
Unit Type 1Bed+Gdn
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.
฿2,633/mo
Listed By
Developer
Date Listed Nov 22, 2016
Last Updated 1 year ago
Unit ID U22069

Investment Opportunity: Charges & Yield

Sale Price
฿6,182,118
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.
฿2,633/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.
13
Guaranteed Rental Return
8%
Guarantee Duration
5 Years

Project Details

Project Name: Aristo Karon Condo
Construction: Completed (Aug 2020)
Floors: 7
Buildings: N/A
Units: 301
Project Area: N/A
Nearest Landmark Karon Beach - 0.7 Km
Location: Karon, Phuket Town, Phuket
Aristo Karon Condo Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Spa Spa

Available Units at Aristo Karon Condo

Get notified when new homes are being added to Aristo Karon Condo

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
35%
2nd Installment
% construction completion
35%
3rd Installment
On handover
30%

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 ฿2,633 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 Aristo Karon Condo the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Aristo Karon Condo offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Karon Beach is the nearest Beach from Aristo Karon Condo and it is 0.7 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 Aristo Karon 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
฿200,000
1st Installment
Upon contract signing
35%
2nd Installment
% construction completion
35%
3rd Installment
On handover
30%

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 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The view is magnificent
4.5 Yin Lee, China, 1 year ago
I had a chance to go to see the project, but it was not completed yet. I think this is a condo project that offers a beautiful view. It is the most luxurious project on Karon Beach. It provides a complete range of facilities. I must say that it is a luxury five-star hotel ever. The location is considered okay and convenient to travel. Anyway, the entrance is too small and suitable for buying a vacation condo and buying for investment. I am sure that it is worthwhile because the view is magnificent, quiet, and offers excellent privacy !!

Phuket

Karon

Neighborhood Overview

Location and Neighborhood

Street View

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