The Privilege

3.33 (1 Review)

Patong, Kathu,Phuket

Unit ID: U85457
6% GUAR. RETURN FOR 3 YEARS
฿10,984,800 ฿14,554,860
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
91.54 SqM Size
Floors
1 Floor
Construction
Dec 2014 Completed

1 Bedroom Condo for sale at The Privilege

This property is a 91.54 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Privilege project in Patong, Phuket and was completed in Dec 2014. You can buy this condo for a base price of ฿10,984,800 (฿120,000/SqM).

Features

TerraceTerrace DuplexDuplex

Basic Information

Property Type Condo
Floor 1
Bedroom 1
Size 91.54 SqM
Price per SqM ฿120,000
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
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 1Dplx
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.
฿5,492/mo
Listed By
Developer
Date Listed Sep 19, 2018
Last Updated 2 years ago
Unit ID U85457

Investment Opportunity: Charges & Yield

Sale Price
฿10,984,800
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.
฿5,492/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

Project Name: The Privilege
Construction: Completed (Dec 2014)
Floors: 5
Buildings: 4
Units: 49
Project Area: 4,112 SqM
Nearest Landmark Kalim Beach - 0.2 Km
Location: Patong, Kathu, Phuket
The Privilege Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Privilege

  • Communal Pool
    Rooftop
  • Communal Gym
    Ground Floor

Available Units at The Privilege

For Sale 13 For Rent 7
Favorite
Compare
Available Units at The Privilege
฿120,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 3 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿120,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 2 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿130,000
Beds 3 Beds
Baths 3 Baths
Size 188.02 SqM Size
Floor 5 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿127,566
Beds 1 Beds
Baths 2 Baths
Size 68.20 SqM Size
Floor 3 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿120,000
Beds 1 Beds
Baths 1 Baths
Size 91.54 SqM Size
Floor 1 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
-
Beds 2 Beds
Baths 2 Baths
Size 149.51 SqM Size
Floor - Floor
Mountain View
Favorite
Compare
Available Units at The Privilege
-
Beds 1 Beds
Baths 1 Baths
Size 69.01 SqM Size
Floor - Floor
Sea View
Favorite
Compare
Available Units at The Privilege
฿105,422
Beds 5 Beds
Baths 6 Baths
Size 332 SqM Size
Floor 5 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿175,000
Beds 1 Beds
Baths 1 Baths
Size 69.08 SqM Size
Floor 1 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿120,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 1 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿130,000
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 4 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
-
Beds 2 Beds
Baths 2 Baths
Size 154.30 SqM Size
Floor 1 Floor
Thai Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿120,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 3 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
-
Beds 1 Beds
Baths 1 Baths
Size 46.49 SqM Size
Floor 1 Floor
Park View
Favorite
Compare
Available Units at The Privilege
-
Beds 3 Beds
Baths 3 Baths
Size 345 SqM Size
Floor 1 Floor
Favorite
Compare
Available Units at The Privilege
-
Beds 5 Beds
Baths 5 Baths
Size 340.99 SqM Size
Floor - Floor
Park View
Favorite
Compare
Available Units at The Privilege
฿130,000
Beds 1 Beds
Baths 1 Baths
Size 88.42 SqM Size
Floor 1 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿120,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 1 Floor
Foreign Quota Sea View
Favorite
Compare
Available Units at The Privilege
฿120,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 153.32 SqM Size
Floor 2 Floor
Foreign Quota Sea View
Get notified when new homes are being added to The Privilege

Loan Calculator

Frequently asked questions

No pets are allowed at The Privilege 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 ฿60 per square meter based on the size of indoor area of the property and is ฿5,492 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.
The Privilege offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Kalim Beach is the nearest Beach from The Privilege and it is 0.2 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 The Privilege 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

Do you own a property at The Privilege?

Find out how much your property is worth and start your listing for free.

Reviews

3.3 out of 5 3.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The project is near Kalim Beach
3.3 Kim Dowler, Canada, 2 years ago
Condos here are available in the hotel section (hotel managed). The staff and services are very good. The common area includes a swimming pool, on-site restaurant, fitness center, and the rooftop has a beautiful viewpoint. The room has a nice spacious balcony and is designed to be proportionate. The bathroom also uses excellent and quality bathtub materials. It is fully furnished. On the downside, I think the gym has little equipment and not enough for the residents. Anyway, getting to the condo is quite confusing because the entrance is very small. The project is near Kalim Beach and about 1 kilometer from Patong Beach.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

Similar Units

Favorite Compare
  • 7% Rental Yield
฿9,000,000 ฿11,800,000
2 2 130 SqM Penthouse

Icon Park

Kamala, Kathu, Phuket, Thailand
Favorite Compare
  • 7% GUAR. RETURN FOR 3 YEARS
฿9,246,000
2 2 80.40 SqM Condo

Viva Patong

Patong, Kathu, Phuket, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 3 YEARS
฿10,778,250
2 2 106.20 SqM Condo

The Baycliff Residence

Patong, Kathu, Phuket, Thailand
Favorite Compare
  • 7% GUAR. RETURN FOR 15 YEARS
฿13,041,600
1 1 57.20 SqM Apartment

The Bay and Beach Club (Kudo)

Patong, Kathu, Phuket, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 3 YEARS
฿12,000,000
2 2 192 SqM Penthouse

Bayshore Ocean View

Patong, Kathu, Phuket, Thailand
Favorite Compare
  • 3D Virtual Tour
  • OFF PLAN
฿8,800,000
1 1 56 SqM Condo

MGallery Residences, MontAzure Lakeside

Kamala, Kathu, Phuket, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 3 YEARS
  • 3D Virtual Tour
฿11,900,000
1 1 46 SqM Condo

Amari Residences Phuket

Patong, Kathu, Phuket, Thailand
Favorite Compare
  • 7% GUAR. RETURN FOR 3 YEARS
฿9,600,000
1 1 64.94 SqM Condo

Absolute Twin Sands III

Patong, Kathu, Phuket, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 3 YEARS
฿12,900,000 ฿16,900,000
2 1 106 SqM Condo

The Baycliff Residence

Patong, Kathu, Phuket, Thailand
Favorite Compare
฿8,925,000
2 2 92 SqM Apartment

Kamala Beach Estate

Kamala, Kathu, Phuket, Thailand

Projects Nearby The Privilege

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Kathu, Phuket, Thailand
Number of units
54
Sales Prices
฿5.2M - ฿28M
▼ -45% underpriced
Monthly Rentals
฿25.6K - ฿90K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Baan Chai Lei
Location
Kathu, Phuket, Thailand
Number of units
6
Sales Prices
฿85M
Monthly Rentals
฿280K
Year Built
Dec 2006
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
40
Sales Prices
฿17.8M - ฿52M
Monthly Rentals
N/A
Year Built
Nov 2007
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
52
Sales Prices
฿7M - ฿10.2M
▼ -40.7% underpriced
Monthly Rentals
฿45K
Year Built
May 1995
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
8
Sales Prices
N/A
Monthly Rentals
฿629K
Year Built
Dec 2019
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
26
Sales Prices
฿30M - ฿71M
▲ 14.8% overpriced
Monthly Rentals
฿120K - ฿230K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Andaman Hills
Location
Kathu, Phuket, Thailand
Number of units
24
Sales Prices
฿11.5M
Monthly Rentals
N/A
Year Built
Dec 1993
Completion Status
Completed
Project Name
The Charm
Location
Kathu, Phuket, Thailand
Number of units
246
Sales Prices
฿5.95M - ฿7.26M
▼ -1% underpriced
Monthly Rentals
฿28.4K - ฿32.4K
Year Built
Sep 2014
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
17
Sales Prices
N/A
Monthly Rentals
฿180K
Year Built
Nov 2017
Completion Status
Completed
Project Name
The Unity Patong
Location
Kathu, Phuket, Thailand
Number of units
66
Sales Prices
฿3.57M - ฿17.9M
▲ 0.9% overpriced
Monthly Rentals
฿18.5K - ฿58K
Year Built
Jan 2015
Completion Status
Completed
Back to top