Radisson Phuket Mai Khao Beach

5 (2 Reviews)

Mai Khao, Thalang,Phuket

Unit ID: U171202
6% GUAR. RETURN FOR 3 YEARS
฿8,449,250 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
47 SqM Size
Floors
1 Floor
Construction
Jan 2023 Off Plan

1 Bedroom Condo for sale at Radisson Phuket Mai Khao Beach

This property is a 47 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Radisson Phuket Mai Khao Beach project in Mai Khao, Phuket and it is scheduled for completion in Jan 2023. You can buy this condo for a base price of ฿8,449,250 (฿179,771/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 1
Bedroom 1
Size 47 SqM
Price per SqM ฿179,771
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, Company
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
Unit Type B
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.
฿3,290/mo
Listed By
Developer
Date Listed Sep 5, 2019
Last Updated 1 year ago
Unit ID U171202

Price Analysis

Good Price
Estimated market value ฿8,733,705
Great
฿8,290,000
Good
Fair
Above
฿8,470,000
Current asking Price: ฿8,449,250
This condo is ฿284,455 BELOW MARKET (-3%) 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
฿8,449,250
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.
฿3,290/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
3 Years

Project Details

Construction: Off Plan (Jan 2023)
Floors: 4
Buildings: 8
Units: 222
Project Area: N/A
Nearest Landmark Mai Khao Beach - 0.1 Km
Location: Mai Khao, Thalang, Phuket
Radisson Phuket Mai Khao Beach Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa

Available Units at Radisson Phuket Mai Khao Beach

Get notified when new homes are being added to Radisson Phuket Mai Khao Beach

Loan Calculator

Project Progress

Radisson Phuket Mai Khao Beach 10%
Expected completion date: January 2023

Payment Plan

For Foreigner
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
Gound works completed
20%
3rd Installment
Structure completed
20%
4th Installment
Walls & Floors Completed
20%
5th Installment
On handover
20%
For Thai
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
15%
2nd Installment
Gound works completed
5%
3rd Installment
Structure completed
5%
4th Installment
Walls & Floors Completed
5%
5th Installment
On handover
70%

Frequently asked questions

The common area maintenance fee is ฿70 per square meter based on the size of indoor area of the property and is ฿3,290 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 Radisson Phuket Mai Khao Beach the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Radisson Phuket Mai Khao Beach offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Mai Khao Beach is the nearest Beach from Radisson Phuket Mai Khao Beach and it is 0.1 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 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

For Foreigner
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
Gound works completed
20%
3rd Installment
Structure completed
20%
4th Installment
Walls & Floors Completed
20%
5th Installment
On handover
20%
For Thai
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
15%
2nd Installment
Gound works completed
5%
3rd Installment
Structure completed
5%
4th Installment
Walls & Floors Completed
5%
5th Installment
On handover
70%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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

Do you own a property at Radisson Phuket Mai Khao Beach?

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Reviews

5 out of 5 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Close to Mai Khao beach
5 Janjira R., Thailand, 7 months ago
It is a very luxurious project right next to Mai Khao beach overlooking the sea. The atmosphere is good and very relaxing. The bedroom is also very spacious—especially the studio room with more than 40 sq m. It was decorated with luxurious furniture as well. At the same time, there are facilities within the project like a 5-star hotel, including the fitness, bar, swimming pool, restaurant, receptionists, and security services. The price is definitely perfect for investment because there is a guaranteed return and many other privileges.
Next to Mai Khao beach
5 Manlika Apinantha, Thailand, 9 months ago
Next to Mai Khao beach, a beautiful and quiet beach. Not crowded with people, suitable for people who like privacy. Great designed condo. There is a swimming pool and a patio for sunset and sea views; it is very romantic. The studio rooms of this project are also larger than those of many projects. It is at approximately 40 sq.m and divided into proportions, fully furnished. The price is pretty high.

Phuket

Mai Khao

Neighborhood Overview

Location and Neighborhood

Street View

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