1 Bedroom Condo for sale at Chalong Miracle Lakeview

4.42 (2 Reviews)
Chalong, Phuket Town,Phuket
Unit ID: U25735
5% Rental Yield
฿7,500,000 ฿8,300,000
1 Bedroom
1 Bathroom
71.74 SqM Size
Ground Floor Floor
Nov 2014 Completed

About This Condo

This property is a 71.74 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Chalong Miracle Lakeview project in Chalong, Phuket and was completed in Nov 2014. You can buy this condo for a base price of ฿7,500,000 (฿104,544/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

This 1 bedroom apartment was designed in a modern style, with a perfect interior layout on a usable area of 71.74 square meters with high-quality furnishings and functionality. The apartment is nestled in a tranquil location amidst the lush green nature of Chalong., you can travel easily via Chaofa West Road and easily reach tourist attractions and amenities, such as Villa Market, HomePro Chalong, Phuket Bird Park, Tiger Park Phuket, Chalong Pier, Rawai Beach, Makro Chalong, etc. It is perfect for those who want to escape from the hustle and bustle of the city. In addition to an outstanding location, the project also has a complete range of facilities, surrounded by a pleasing ambiance, stunning mature tropical gardens, a clubhouse, an oversized outdoor swimming pool, 24-hour security, CCTV for residents' convenience, and safety. This apartment contributes to the perfect lifestyle.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor Ground Floor
Bedroom 1
Size 71.74 SqM
Price per SqM ฿104,544
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%.

Thai 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) Sea View, Mountain View
Unit Type N/A
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
Private Owner
Date Listed Apr 4, 2017
Last Updated 2 years ago
Unit ID U25735

Price Analysis

Above Average
Estimated market value ฿6,452,250
Great
฿7,260,000
Good
Fair
Above
฿8,850,000
Current asking Price: ฿7,500,000 | Advertised rental rate: ฿30,000/mo
This condo is ฿1,047,750 ABOVE MARKET (16%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿7,500,000
Rent
฿30,000/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.
21
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: Chalong Miracle Lakeview
Construction: Completed (Nov 2014)
Floors: 7
Buildings: 3
Units: 373
Project Area: 104,000 SqM
Nearest Landmark Rawai Beach - 10.4 Km
Location: Chalong, Phuket Town, Phuket
Chalong Miracle Lakeview Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area

Available Units at Chalong Miracle Lakeview

For Sale 10 For Rent 5
Get notified when new homes are being added to Chalong Miracle Lakeview

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Frequently Asked Questions

No pets are allowed at Chalong Miracle Lakeview unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Rawai Beach is the nearest Beach from Chalong Miracle Lakeview and it is 10.4 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 Chalong Miracle Lakeview 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

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

4.4 out of 5 4.42
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great Property
5 Zayn Lord, Canada, 2 years ago
The surrounding environment is very livable, quiet, and private. The common area is clean. There is a large pool, a fitness center, a tennis court, and a parking for residents' service. My wife and I rented a one-bedroom condo that was spacious on the inside. There is a large bedroom and two bathrooms, one of which has a bathtub. The balcony is quite large. Perfect for chilling off in the morning and evening breezes. The view of the city is breathtaking. The location in Chalong Subdistrict is excellent. It is easy to enter and exit the city. Going to Kata Beach takes only 20 minutes because the project is adjacent to the main road and close to Central Festival Phuket.
A lot of Chinese residents,
3.8 James R., United States, 3 years ago
It is a condo with a lot of Chinese residents, which looks like a group tour. The room is very spacious, but not as clean as expected. The location of the condo is quite far from the amenities. Within the project, there are convenience stores and restaurants. It would be better if the employees had good service. Excellent facilities with up to 3 swimming pools. The project has a shady atmosphere.
Phuket
Chalong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chalong Miracle Lakeview

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
Project Name
Baan Chaofa Thani
Location
Chalong, Phuket Town, Phuket
Number of units
110
Sales Prices
฿4.59M
Monthly Rentals
N/A
Year Built
Jul 2008
Completion Status
Completed
Project Name
Chao Fha Thani
Location
Chalong, Phuket Town, Phuket
Number of units
50
Sales Prices
฿7.97M
▼ -17% underpriced
Monthly Rentals
N/A
Year Built
Mar 1996
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
100
Sales Prices
฿8.38M - ฿28.8M
▲ 17% overpriced
Monthly Rentals
฿49.9K
Year Built
Mar 2013
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
2
Sales Prices
฿14.5M - ฿19.5M
▼ -4.5% underpriced
Monthly Rentals
฿74.8K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Kimera Pool Villa
Location
Chalong, Phuket Town, Phuket
Number of units
12
Sales Prices
฿16.5M - ฿46.1M
▲ 5.4% overpriced
Monthly Rentals
฿69.8K - ฿125K
Year Built
Feb 2017
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
16
Sales Prices
฿14.9M - ฿16.9M
▲ 13% overpriced
Monthly Rentals
฿84.8K - ฿94.8K
Year Built
Dec 2012
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
100
Sales Prices
฿12.8M
▼ -21% underpriced
Monthly Rentals
฿84.8K
Year Built
Feb 2003
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
50
Sales Prices
฿14.5M
▲ 13% overpriced
Monthly Rentals
฿49.9K
Year Built
Oct 2012
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
15
Sales Prices
฿4.99M
▲ 1% overpriced
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
1000
Sales Prices
฿3.68M - ฿20M
▼ -26.8% underpriced
Monthly Rentals
฿27.9K - ฿97.8K
Year Built
Jul 2008
Completion Status
Completed
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