Karon Butterfly

4.72 (3 Reviews)

Karon, Phuket Town,Phuket

Unit ID: U644268
฿3,700,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
37 SqM Size
Floors
3 Floor
Construction
Dec 2013 Completed

1 Bedroom Condo for sale at Karon Butterfly

This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Karon Butterfly project in Karon, Phuket and was completed in Dec 2013. You can buy this condo for a base price of ฿3,700,000 (฿100,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 37 SqM
Price per SqM ฿100,000
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
Unfurnished
View(s) Mountain View
Unit Type 1BR
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.
฿1,665/mo
Listed By
Developer
Date Listed Dec 2, 2020
Last Updated 1 month ago
Unit ID U644268

Price Analysis

Great Price
Estimated market value ฿3,950,724
Great
฿2,880,000
Good
Fair
Above
฿5,100,000
Current asking Price: ฿3,700,000
This condo is ฿250,724 BELOW MARKET (-6%) 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
฿3,700,000
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.
฿1,665/mo

Project Details

Project Name: Karon Butterfly
Construction: Completed (Dec 2013)
Floors: 3
Buildings: 5
Units: 166
Project Area: 8,000 SqM
Nearest Landmark Kata Beach - 1.1 Km
Location: Karon, Phuket Town, Phuket
Karon Butterfly Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Popular Facilities at Karon Butterfly

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Karon Butterfly

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
upon signing the Purchase Contract within 30 days from the signature of the Reservation Agreement
60%
2nd Installment
wihtin 90 days from the reservation deposit
40%

Frequently asked questions

No pets are allowed at Karon Butterfly unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿1,665 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 Karon Butterfly the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Karon Butterfly and it is 1.1 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 Karon Butterfly 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 signing the Purchase Contract within 30 days from the signature of the Reservation Agreement
60%
2nd Installment
wihtin 90 days from the reservation deposit
40%

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

4.7 out of 5 4.72
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful residence
5 Verified Current Resident, 8 months ago
Nice clean and tidy. perfect location 500 meters from beach shuttle bus available to take guests to the beach maintenance fee are cheaper comparing to other condominium.
I really like the vibes of this condo
4.5 Ingrid Schmidt, Finland, 2 years ago
I really like the vibes of this condo. The condo is located on a hill offering a panoramic view of Karon Beach. The building may look a bit old, but inside, the room still looks updated. My room has 1 bedroom, with the perfect size and full facilities. Moreover, there is a shuttle bus from the project to Kata and Karon Beaches. You'd better recheck the bus schedule with the staff again because it isn't frequent. It's so convenient, though. Having been here for 2 months, I haven't found any problems. Quite satisfied with this place.
Great for investment
4.7 Thanicha Supawat, Thailand, 3 years ago
I invested in a room for this project for the rental business. I bought a one-bedroom unit, approximately 60 square meters, considered very large and decorated with suitable furniture. The view from the room is Karon Bay that is very beautiful. In addition, within the project, there is also a spa, swimming pool, gym, garden, restaurant, and hotel management system, and a receptionist to facilitate us during the stay. It can be considered complete and excellent. The location is perfect; there are many shops, restaurants, and bars in this neighborhood. More importantly, very close to Karon Beach, just a 10-minute walk. The project also has a shuttle bus to Karon beach. I think that it will surely be able to be rented out to foreigners and Thais easily.

Phuket

Karon

Neighborhood Overview

Location and Neighborhood

Street View

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