The Unity Patong

4.42 (2 Reviews)

Patong, Kathu,Phuket

Unit ID: U636626
7% Rental Yield
฿7,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
93 SqM Size
Floors
3 Floor
Construction
Jan 2015 Completed

2 Bedroom Apartment for sale at The Unity Patong

This property is a 93 SqM apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Unity Patong project in Patong, Phuket and was completed in Jan 2015. You can buy this apartment for a base price of ฿7,000,000 (฿75,269/SqM).

2 studios connected by a double inside door with 2 double size beds, 2 bathrooms, surface of 93 m2, 2 kitchen, 2 independent entrances, located 30 km away from the airport, and 700 meters from the closest beach.

Features

MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Property Type Apartment
Floor 3
Bedrooms 2
Size 93 SqM
Price per SqM ฿75,269
Apartment 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%.

Leasehold
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) City View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿6,510/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Oct 20, 2020
Last Updated 9 months ago
Unit ID U636626

Price Analysis

Fair Price
Estimated market value ฿6,866,695
Great
฿3,480,000
Good
Fair
Above
฿8,650,000
Current asking Price: ฿7,000,000 | Rental estimate: ฿42,900/mo
This apartment is ฿133,305 ABOVE MARKET (2%) in the Phuket area. It is analyzed against similar apartments & flats 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
฿7,000,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿6,510/mo
Est. Rent
฿42,900/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.
14
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 2 bedroom apartments & flats at The Unity Patong, and the current sales price.
7%

Project Details

Project Name: The Unity Patong
Construction: Completed (Jan 2015)
Floors: 7
Buildings: 2
Units: 66
Project Area: N/A
Nearest Landmark Patong Beach - 1.6 Km
Location: Patong, Kathu, Phuket
The Unity Patong Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Unity Patong

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    7th Floor
  • Communal Garden Area
    Ground Floor

Loan Calculator

Frequently asked questions

No pets are allowed at The Unity Patong 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 ฿70 per square meter based on the size of indoor area of the property and is ฿6,510 for this apartment. 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 The Unity Patong the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Patong Beach is the nearest Beach from The Unity Patong and it is 1.6 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 Unity Patong 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 location, amazing panoramic sea view, well maintained
4.8 Jeremy Abyss Phuket, Former Resident, 2 months ago
The condominium is located at the bottom of a hill which offers one of the best views you can get from Patong bay. Despite being on a hill, it's very close to the beach (about 5 minutes walk). The swimming pool on the rooftop is a big plus to enjoy the sea view. The maintenance of the building and common areas is good. The apartment I used is spacious and offers a very nice view plus it comes with all you need.
Large rooftop swimming pool, Nice staff
4 Shani Virgil, Sweden, 2 years ago
It's one of my great relaxation places. I highly recommend The Unity Patong is very close to the beach. I rented a room with 2 bedrooms, 2 bathrooms. The room was very clean and decorated in a modern style. The staff is friendly. But at first, the staff were quite busy making it seem like they are not very friendly. In the end, it is very good. In the project, there are many facilities provided, such as a fitness center. The project highlight will be the large rooftop swimming pool with a landscape view, making it a very relaxing atmosphere. Besides, staying at The Unity Patong, it can travel everywhere conveniently. You can walk on foot to the beach, the neighborhood, and it is close to 7-Eleven, opening 24 hours a day and can travel comfortably to visit Phuket Town by public bus or taxi for only 20 minutes. It is a condominium that is calm, privacy, and complete.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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