Waterfront Karon

5 (2 Reviews)

Karon, Phuket Town,Phuket

Unit ID: U1041058
6% Rental Yield
฿12,000,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
103 SqM Size
Construction
Feb 1998 Completed

1 Bedroom Condo for sale at Waterfront Karon

This property is a 103 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Waterfront Karon project in Karon, Phuket and was completed in Feb 1998. You can buy this condo for a base price of ฿12,000,000 (฿116,505/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

1-BEDROOM 20TH FLOOR CONDO WITH INCREDIBLE SEA VIEWS

The Waterfront, Karon Sub-Penthouse Sea View Condo 

Ideally located in the heart of Karon Beach, this iconic 21 story Sino-Portuguese serviced apartment building offers modern living with space and comfort, along with quality facilities including a large swimming pool, tennis and squash courts, library with internet access, billiard and table tennis tables; all only 100 meters from the white sands of the spectacular Karon Beach.

Fully Furnished
Mountain, Pool, and Sea Views
Covered & secured parking
Corner Unit
Balcony
Short walk to the beach

Features

Beach AccessBeach Access

Basic Information

Property Type Condo
Floor N/A
Bedroom 1
Size 103 SqM
Price per SqM ฿116,505
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
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 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.
฿3,914/mo
Listed By
N/A
Date Listed Nov 9, 2021
Last Updated 2 months ago
Unit ID U1041058

Price Analysis

Great Price
Estimated market value ฿12,807,403
Great
฿12,700,000
Good
Fair
Above
฿12,800,000
Current asking Price: ฿12,000,000 | Advertised rental rate: ฿55,000/mo
This condo is ฿807,403 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
฿12,000,000
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.
฿3,914/mo
Rent
฿55,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Project Name: Waterfront Karon
Developer: N/A
Construction: Completed (Feb 1998)
Floors: 0
Buildings: N/A
Units: 2
Project Area: N/A
Nearest Landmark Karon Beach - 0.3 Km
Location: Karon, Phuket Town, Phuket
Waterfront Karon Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Available Units at Waterfront Karon

For Sale 2 For Rent 1
Get notified when new homes are being added to Waterfront Karon

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Frequently asked questions

The common area maintenance fee is ฿38 per square meter based on the size of indoor area of the property and is ฿3,914 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.
Karon Beach is the nearest Beach from Waterfront Karon and it is 0.3 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 Waterfront Karon 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

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
What a wonderful place to stay.
5 Josie K., United States, 2 years ago
What a wonderful place to stay. There is a hotel management system. The staff took good care of us and spoke English fluently. There are complete facilities. The pool is large. From the project, there is a direct walkway to Karon Beach. I would say that the view is wonderful. The room that I come to is a one-bedroom penthouse, very spacious, about 100 square meters. Furniture in Thai style is considered to be unique. Excellent location, next to Karon Beach and close to Kata Beach, not far from Patong Beach.
Nice place, suitable for leisure.
5 Zhouyala Xingming, China, 2 years ago
Waterfront Karon has an extra-large bedroom, clean and private. Although the price is quite high, it's worthwhile. Plus, the facilities are complete such as a pool, a tennis court and a playground in a peaceful and natural atmosphere. This project has parking space and a security system, giving me peace of mind during my stay. First, I planned to be here for 2-3 days and moved to other places but I’ve changed my mind to stay here for 2 weeks because I love the sea. Just a few steps I can reach Karon Beach. Good view and the sunset is marvelous. My family and I love this place so much.

Phuket

Karon

Neighborhood Overview

Location and Neighborhood

Street View

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