Ocean Sands

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Choeng Thale, Thalang,Phuket

Unit ID: U78806
฿3,658,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
30.10 SqM Size
Floors
5 Floor
Construction
Jan 2019 Completed

1 Bedroom Condo for sale at Ocean Sands

This property is a 30.10 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Ocean Sands project in Choeng Thale, Phuket and was completed in Jan 2019. You can buy this condo for a base price of ฿3,658,000 (฿121,528/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 30.10 SqM
Price per SqM ฿121,528
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
Available for ฿150,000
View(s) Pool View
Unit Type 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.
฿1,806/mo
Listed By
Developer
Date Listed Jul 4, 2018
Last Updated 1 year ago
Unit ID U78806

Price Analysis

Good Price
Estimated market value ฿3,698,730
Great
฿3,130,000
Good
Fair
Above
฿3,280,000
Current asking Price: ฿3,658,000
This condo is ฿40,730 BELOW MARKET (-1%) 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
฿3,658,000
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.
฿1,806/mo

Project Details

Project Name: Ocean Sands
Developer: Ocean Group Asia
Construction: Completed (Jan 2019)
Floors: 6
Buildings: N/A
Units: 213
Project Area: N/A
Nearest Landmark Laguna Beach - 2.8 Km
Location: Choeng Thale, Thalang, Phuket
Ocean Sands Project Details

Project Features

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

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Contract Signing minus Reservation Fee (within 20 days)
35%
2nd Installment
Land Preparation
15%
3rd Installment
Construction Start
10%
4th Installment
Foundations Completion
10%
5th Installment
Structural Completion
10%
6th Installment
Doors & Windows of unit
10%
7th Installment
On handover
10%

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 ฿1,806 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 Ocean Sands the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Laguna Beach is the nearest Beach from Ocean Sands and it is 2.8 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 Ocean Sands 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
฿100,000
1st Installment
Contract Signing minus Reservation Fee (within 20 days)
35%
2nd Installment
Land Preparation
15%
3rd Installment
Construction Start
10%
4th Installment
Foundations Completion
10%
5th Installment
Structural Completion
10%
6th Installment
Doors & Windows of unit
10%
7th Installment
On handover
10%

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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Phuket

Choeng Thale

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