NOON Village Tower I

4.83 (1 Review)

Chalong, Phuket Town,Phuket

Unit ID: U20326
6% Rental Yield
฿2,730,000 ฿3,400,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
30 SqM Size
Floors
6 Floor
Construction
Dec 2016 Completed

1 Bedroom Condo for sale at NOON Village Tower I

This property is a 30 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the NOON Village Tower I project in Chalong, Phuket and was completed in Dec 2016. You can buy this condo for a base price of ฿2,730,000 (฿91,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 30 SqM
Price per SqM ฿91,000
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, Leasehold, Company
Furniture
Unfurnished
View(s) Sea 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.
฿1,500/mo
Listed By
Developer
Date Listed Nov 4, 2016
Last Updated 1 year ago
Unit ID U20326

Price Analysis

Fair Price
Estimated market value ฿2,722,588
Great
฿2,700,000
Good
Fair
Above
฿2,840,000
Current asking Price: ฿2,730,000 | Rental estimate: ฿12,800/mo
This condo is priced at the current market value 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
฿2,730,000
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.
฿1,500/mo
Est. Rent
฿12,800/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.
18
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at NOON Village Tower I, and the current sales price.
6%

Project Details

Project Name: NOON Village Tower I
Developer: NOON CAPITAL
Construction: Completed (Dec 2016)
Floors: 8
Buildings: 1
Units: 74
Project Area: 4,348 SqM
Nearest Landmark Kata Beach - 4.5 Km
Location: Chalong, Phuket Town, Phuket
NOON Village Tower I Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at NOON Village Tower I

  • Communal Pool
    Rooftop

Loan Calculator

Frequently asked questions

No pets are allowed at NOON Village Tower I 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,500 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 NOON Village Tower I the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from NOON Village Tower I and it is 4.5 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 NOON Village Tower I 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

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It's in the best location.
4.8 William J., United States, 4 years ago
My boyfriend and I have rented the room here for 3 months. It's in the best location. It's very convenient, just a 1-minute walk to Villa Market - Chalong Phuket and just 7 minutes drive to Chalong Temple. Chalong Pier is about 5 minutes drive away. Everything is good. The staff is caring and attentive to customers. The swimming pool and the rooftop bar is the best. The view of the sea and the mountains is stunning. My girlfriend and I like to sit and drink and swim in the evenings. There are not many neighbors, and most of them are Europeans. The bedroom we rented is a one-bedroom unit, beautifully designed, fully furnished, and is in good condition. However, the drawback is the construction noise. Oh, it’s noisy from 8 am until evening. Quite disturbing my stay, but it’s understandable. If you come to stay here after the construction is complete, it would be fantastic!

Phuket

Chalong

Neighborhood Overview

Location and Neighborhood

Street View

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