1 Bedroom Condo for sale at Green Golf Condominium

5 (1 Review)
Kathu, Kathu,Phuket
Unit ID: U77396
7% Rental Yield
฿1,950,000 Great Price
1 Bedroom
1 Bathroom
59 SqM Size
6 Floor
Dec 1991 Completed

About This Condo

This property is a 59 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Green Golf Condominium project in Kathu, Phuket and was completed in Dec 1991. You can buy this condo for a base price of ฿1,950,000 (฿33,051/SqM) and it is also available for long term rentals starting from ฿11,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 59 SqM
Price per SqM ฿33,051
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
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) Golf Course 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.
฿1,003/mo
Listed By
Private Owner
Date Listed Jun 13, 2018
Last Updated 1 year ago
Unit ID U77396

Price Analysis

Great Price
Estimated market value ฿3,533,824
Great
฿2,710,000
Good
Fair
Above
฿4,020,000
Current asking Price: ฿1,950,000 | Advertised rental rate: ฿11,000/mo
This condo is ฿1,583,824 BELOW MARKET (-45%) 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
฿1,950,000
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.
฿1,003/mo
Rent
฿11,000/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.
15
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.
7%

Project Details

Project Name: Green Golf Condominium
Developer: N/A
Construction: Completed (Dec 1991)
Floors: 7
Buildings: N/A
Units: 61
Project Area: N/A
Nearest Landmark Central Festival Phuket - 2.5 Km
Location: Kathu, Kathu, Phuket
Green Golf Condominium Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area

Available Units at Green Golf Condominium

For Sale 4 For Rent 3
Get notified when new homes are being added to Green Golf Condominium

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿17 per square meter based on the total built-up area of the property and is ฿1,003 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.
Central Festival Phuket is the nearest Shopping Mall from Green Golf Condominium and it is 2.5 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 Green Golf Condominium 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The price is reasonable.
5 William John, United Kingdom, 5 years ago
I stayed here for 3 weeks. The receptionists are keen on giving advice. The room I stayed in was a 1-bedroom unit, perfect size, and fully furnished. But, it is unlucky that the TV can't turn on. The atmosphere and view are wonderful, surrounded by mountains. Also, the location is close to Phuket Country Club, just 10 minutes walking. It's convenient to live in because it is close to the Central Festival Phuket, Big C, and Lotus. It is considered a nice condo to stay at. The price is reasonable.
Phuket
Kathu

Neighborhood Overview

Location and Neighborhood

Street View

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