Bayshore Ocean View

3.17 (1 Review)

Patong, Kathu,Phuket

Unit ID: U16347
5% Rental Yield
฿5,900,000 ฿6,900,000 Great Price
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
100 SqM Size
Floors
5 Floor
Construction
Jan 2014 Completed

2 Bedroom Condo for sale at Bayshore Ocean View

This property is a 100 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Bayshore Ocean View project in Patong, Phuket and was completed in Jan 2014. You can buy this condo for a base price of ฿5,900,000 (฿59,000/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Condo Studio C31 Pool / Mountain view

Bayshore is a condo development located in Patong, Phuket, Thailand. It is 2km from the beach with 138 condo units across 8 floors completed in April of 2015. Features an on-site restaurant, a swimming pool, a fitness center, a bar, 24-hour security, CCTV, a reception/lobby area, a shuttle to the beach. Completed in 2014, this stunning development is situated in the hills overlooking Patong Beach and the Andaman Sea. Very nice Mountain / Poolviews sea view. The building has a total of 77 condominiums. 200 M walk to the main rd to 7/11, restaurants, dry cleaning. Bangla - 22 min walk Rates - Foreign available for + 2,000,000THB

Features

Pool AccessPool Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave TVTV TruevisionTruevision Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Condo
Floor 5
Bedrooms 2
Size 100 SqM
Price per SqM ฿59,000
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%.

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) Sea View, Mountain View, City View, Pool View, Garden View, Unblocked Open View
Unit Type N/A
Building Building B
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.
฿50/mo
Listed By
Private Owner
Date Listed Nov 3, 2016
Last Updated 4 months ago
Unit ID U16347

Price Analysis

Great Price
Estimated market value ฿7,359,694
Great
฿7,360,000
Good
Fair
Above
฿9,220,000
Current asking Price: ฿5,900,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿1,459,694 BELOW MARKET (-20%) 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
฿5,900,000
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.
฿50/mo
Rent
฿25,000/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.
20
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: Bayshore Ocean View
Construction: Completed (Jan 2014)
Floors: 8
Buildings: 2
Units: 138
Project Area: 8,000 SqM
Nearest Landmark Patong Beach - 1.5 Km
Location: Patong, Kathu, Phuket
Bayshore Ocean View Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Party Hall / Group Entertainment Party Hall / Group Entertainment
BBQ Area BBQ Area
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at Bayshore Ocean View

  • Communal Pool
    1st Floor
  • Bar
    1st Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Bayshore Ocean View

For Sale 8 For Rent 3
Get notified when new homes are being added to Bayshore Ocean View

Loan Calculator

Frequently asked questions

No pets are allowed at Bayshore Ocean View 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 ฿50 per square meter based on the size of indoor area of the property and is ฿50 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.
Bayshore Ocean View offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Patong Beach is the nearest Beach from Bayshore Ocean View and it is 1.5 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 Bayshore Ocean View 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

3.2 out of 5 3.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
My room has a great view of the pool and garden.
3.2 Bonita Neece, France, 3 years ago
My room is on the 6th floor and has a great view, sighted scenery of the pool and garden in the area. This is the same chain as a hotel, so it has complete facilities, whether it is a restaurant, fitness center, swimming pool, and a shuttle bus to the beach. The rooms are fully-furnished. The service staff is very good, and I can request the housekeeping service anytime. However, there are many customers during the high season taking the services, so there is no private space, and it's quite busy. Fitness equipment is relatively few and sometimes not enough for the users. Overall, I think it's worth the price paid. The condo isn't far from the market and Jungceylon shopping mall. It is only about 2 kilometers from Patong Beach.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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