ZCAPE III

4.33 (1 Review)

Wichit, Phuket Town,Phuket

Unit ID: U690538
5% Rental Yield
฿2,300,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
32 SqM Size
Floors
3 Floor
Construction
Nov 2015 Completed

1 Bedroom Condo for sale at ZCAPE III

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the ZCAPE III project in Wichit, Phuket and was completed in Nov 2015. You can buy this condo for a base price of ฿2,300,000 (฿71,875/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 32 SqM
Price per SqM ฿71,875
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
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) Pool 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.
฿1,280/mo
Listed By
Private Owner
Date Listed Apr 2, 2021
Last Updated 3 months ago
Unit ID U690538

Price Analysis

Great Price
Estimated market value ฿2,741,269
Great
฿2,170,000
Good
Fair
Above
฿3,040,000
Current asking Price: ฿2,300,000 | Rental estimate: ฿9,880/mo
This condo is ฿441,269 BELOW MARKET (-16%) 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
฿2,300,000
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.
฿1,280/mo
Est. Rent
฿9,880/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.
19
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 ZCAPE III, and the current sales price.
5%

Project Details

Project Name: ZCAPE III
Construction: Completed (Nov 2015)
Floors: 8
Buildings: 2
Units: 417
Project Area: 5,640 SqM
Nearest Landmark Khao Rang Viewpoint - 1.8 Km
Location: Wichit, Phuket Town, Phuket
ZCAPE III Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at ZCAPE III

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at ZCAPE III

For Sale 17 For Rent 5
Favorite Compare Available Units at ZCAPE III
฿80,882
Great Price
1 Beds
1 Baths
34 SqM Size
4 Floor
Foreign Quota Park View
Favorite Compare Available Units at ZCAPE III
฿83,929
Great Price
1 Beds
1 Baths
28 SqM Size
5 Floor
Thai Quota Mountain View
Favorite Compare Available Units at ZCAPE III
฿75,897
Great Price
2 Beds
1 Baths
39 SqM Size
5 Floor
Foreign Quota Pool View
Favorite Compare Available Units at ZCAPE III
฿66,375
Great Price
Studio Beds
1 Baths
28 SqM Size
3 Floor
Foreign Quota
Favorite Compare Available Units at ZCAPE III
฿85,185
Great Price
1 Beds
1 Baths
27 SqM Size
7 Floor
Thai Quota City View
Favorite Compare Available Units at ZCAPE III
฿67,125
Great Price
Studio Beds
1 Baths
28 SqM Size
4 Floor
Foreign Quota
Favorite Compare Available Units at ZCAPE III
฿83,384
Great Price
1 Beds
1 Baths
32.98 SqM Size
3 Floor
Thai Quota City View
Favorite Compare Available Units at ZCAPE III
฿83,728
Great Price
Studio Beds
1 Baths
27.47 SqM Size
3 Floor
Foreign Quota Garden View
Favorite Compare Available Units at ZCAPE III
฿71,875
Great Price
1 Beds
1 Baths
32 SqM Size
3 Floor
Foreign Quota Pool View
Favorite Compare Available Units at ZCAPE III
฿93,123
Great Price
2 Beds
1 Baths
41.15 SqM Size
6 Floor
Foreign Quota Mountain View
Favorite Compare Available Units at ZCAPE III
-
Studio Beds
1 Baths
29 SqM Size
3 Floor
City View
Favorite Compare Available Units at ZCAPE III
฿87,932
Great Price
1 Beds
1 Baths
32.98 SqM Size
7 Floor
Foreign Quota Pool View
Favorite Compare Available Units at ZCAPE III
-
Studio Beds
1 Baths
29 SqM Size
8 Floor
City View
Favorite Compare Available Units at ZCAPE III
฿99,750
Great Price
2 Beds
1 Baths
40 SqM Size
5 Floor
Thai Quota Pool View
Favorite Compare Available Units at ZCAPE III
฿69,214
Great Price
1 Beds
1 Baths
28 SqM Size
4 Floor
Thai Quota City View
Favorite Compare Available Units at ZCAPE III
฿90,964
Good Price
1 Beds
1 Baths
32.98 SqM Size
3 Floor
Foreign Quota Pool View
Favorite Compare Available Units at ZCAPE III
฿66,375
Great Price
Studio Beds
1 Baths
28 SqM Size
3 Floor
Foreign Quota
Favorite Compare Available Units at ZCAPE III
฿71,429
Great Price
Studio Beds
1 Baths
28 SqM Size
4 Floor
Foreign Quota
Favorite Compare Available Units at ZCAPE III
฿91,308
Great Price
1 Beds
1 Baths
27.38 SqM Size
6 Floor
Thai Quota Park View
Get notified when new homes are being added to ZCAPE III

Loan Calculator

Frequently asked questions

No pets are allowed at ZCAPE III 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,280 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 ZCAPE III the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Khao Rang Viewpoint is the nearest Tourist Attraction from ZCAPE III and it is 1.8 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 ZCAPE III 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 ZCAPE III?

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Reviews

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location, next to the Central shopping malls
4.3 Deangelo Loera, United States, 4 years ago
This condo is in a great location close to the Central Floresta, only a few hundred meters away. There is a source of all convenience, such as top restaurants, luxury brands, clothing, and theaters. It's also close to Big C, Makro, and restaurants, so finding something to eat is convenient. It's easy to travel as it's on the back road next to the main road so you can connect to many routes to the city, Chalong or Patong. The project exterior is modern with eye-catching design and architectural gimmicks using brown colors to make it less boring. There are basic facilities such as a swimming pool, gym, sauna, and parking. The 1-bedroom size can fit for 1 or 2 people. Space is not very wide but very functional. The rooms come fully-furnished with standard materials and proper storage. Most of my neighbors are foreigners. There are some Thais, but not may. The place is pretty quiet. Shame that the parking space is quite limited. There were times that I had to park outside.

Phuket

Wichit

Neighborhood Overview

Location and Neighborhood

Street View

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