Chalong Miracle Lakeview

4.42 (2 Reviews)

Chalong, Phuket Town,Phuket

Unit ID: U25737
5% Rental Yield
฿7,500,000 ฿8,300,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
71.74 SqM Size
Floors
7 Floor
Construction
Nov 2014 Completed

1 Bedroom Penthouse for sale at Chalong Miracle Lakeview

This property is a 71.74 SqM penthouse with 1 bedroom and 1 bathroom that is available for sale. It is part of the Chalong Miracle Lakeview project in Chalong, Phuket and was completed in Nov 2014. You can buy this penthouse for a base price of ฿7,500,000 (฿104,544/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Penthouse
Floor 7
Bedroom 1
Size 71.74 SqM
Price per SqM ฿104,544
Penthouse 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%.

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) Sea View, Mountain 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.
N/A
Listed By
Private Owner
Date Listed Apr 4, 2017
Last Updated 1 year ago
Unit ID U25737

Price Analysis

Great Price
Estimated market value ฿11,935,021
Great
฿11,500,000
Good
Fair
Above
฿19,200,000
Current asking Price: ฿7,500,000 | Advertised rental rate: ฿30,000/mo
This penthouse is ฿4,435,021 BELOW MARKET (-37%) in the Phuket area. It is analyzed against similar penthouses 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
฿7,500,000
Rent
฿30,000/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.
21
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.
5%

Project Details

Project Name: Chalong Miracle Lakeview
Construction: Completed (Nov 2014)
Floors: 7
Buildings: 3
Units: 373
Project Area: 104,000 SqM
Nearest Landmark Rawai Beach - 10.4 Km
Location: Chalong, Phuket Town, Phuket
Chalong Miracle Lakeview Project Details

Project Features

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

Available Units at Chalong Miracle Lakeview

For Sale 7 For Rent 5
Get notified when new homes are being added to Chalong Miracle Lakeview

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Frequently asked questions

Rawai Beach is the nearest Beach from Chalong Miracle Lakeview and it is 10.4 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 Chalong Miracle Lakeview 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

4.4 out of 5 4.42
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great Property
5 Zayn Lord, Canada, 1 year ago
The surrounding environment is very livable, quiet, and private. The common area is clean. There is a large pool, a fitness center, a tennis court, and a parking for residents' service. My wife and I rented a one-bedroom condo that was spacious on the inside. There is a large bedroom and two bathrooms, one of which has a bathtub. The balcony is quite large. Perfect for chilling off in the morning and evening breezes. The view of the city is breathtaking. The location in Chalong Subdistrict is excellent. It is easy to enter and exit the city. Going to Kata Beach takes only 20 minutes because the project is adjacent to the main road and close to Central Festival Phuket.
A lot of Chinese residents,
3.8 James R., United States, 3 years ago
It is a condo with a lot of Chinese residents, which looks like a group tour. The room is very spacious, but not as clean as expected. The location of the condo is quite far from the amenities. Within the project, there are convenience stores and restaurants. It would be better if the employees had good service. Excellent facilities with up to 3 swimming pools. The project has a shady atmosphere.

Phuket

Chalong

Neighborhood Overview

Location and Neighborhood

Street View

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