Cassia Residence Phuket

4 (1 Review)

Choeng Thale, Thalang,Phuket

Unit ID: U66474
6% Rental Yield
฿9,300,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
78 SqM Size
Floors
3 Floor
Construction
Nov 2015 Completed

2 Bedroom Condo for sale at Cassia Residence Phuket

This property is a 78 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Cassia Residence Phuket project in Choeng Thale, Phuket and was completed in Nov 2015. You can buy this condo for a base price of ฿9,300,000 (฿119,231/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 78 SqM
Price per SqM ฿119,231
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) Lake View, Park View, Garden 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
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 Feb 26, 2018
Last Updated 9 months ago
Unit ID U66474

Price Analysis

Good Price
Estimated market value ฿9,464,688
Great
฿8,700,000
Good
Fair
Above
฿9,980,000
Current asking Price: ฿9,300,000 | Rental estimate: ฿45,300/mo
This condo is ฿164,688 BELOW MARKET (-2%) 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
฿9,300,000
Est. Rent
฿45,300/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.
17
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 condos at Cassia Residence Phuket, and the current sales price.
6%

Project Details

Project Name: Cassia Residence Phuket
Developer: Banyan Tree Group
Construction: Completed (Nov 2015)
Floors: 7
Buildings: 2
Units: 193
Project Area: 8,800 SqM
Nearest Landmark Bang Tao Beach - 0.6 Km
Location: Choeng Thale, Thalang, Phuket
Cassia Residence Phuket Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Key card access Key card access

Popular Facilities at Cassia Residence Phuket

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at Cassia Residence Phuket

For Sale 10 For Rent 5
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Available Units at Cassia Residence Phuket
฿119,231
Good Price
Beds 2 Beds
Baths 2 Baths
Size 78 SqM Size
Floor 3 Floor
Leasehold Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
฿119,811
Beds 1 Beds
Baths 1 Baths
Size 53 SqM Size
Floor 1 Floor
Leasehold Fully Furnished
Favorite
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Available Units at Cassia Residence Phuket
฿141,509
Beds 2 Beds
Baths 2 Baths
Size 106 SqM Size
Floor Ground Floor Floor
Foreign Quota Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
฿175,806
Beds 2 Beds
Baths 2 Baths
Size 62 SqM Size
Floor 6 Floor
Leasehold Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
-
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 6 Floor
Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
฿112,000
Great Price
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 3 Floor
Leasehold Fully Furnished Garden View
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Available Units at Cassia Residence Phuket
-
Beds 1 Beds
Baths 1 Baths
Size 53 SqM Size
Floor 4 Floor
Fully Furnished Sea View
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Available Units at Cassia Residence Phuket
฿122,642
Beds 1 Beds
Baths 1 Baths
Size 53 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
฿130,196
Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
฿121,429
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 2 Floor
Leasehold Fully Furnished Lake View
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Available Units at Cassia Residence Phuket
-
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 6 Floor
Fully Furnished Lake View
Favorite
Compare
Available Units at Cassia Residence Phuket
฿127,016
Great Price
Beds 2 Beds
Baths 2 Baths
Size 62 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Sea View
Favorite
Compare
Available Units at Cassia Residence Phuket
฿130,196
Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Lake View
Favorite
Compare
Available Units at Cassia Residence Phuket
-
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
Get notified when new homes are being added to Cassia Residence Phuket

Loan Calculator

Payment Plan

Cash Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Deferred Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
90 days after contract signing
30%
3rd Installment
On handover
50%

Frequently asked questions

No pets are allowed at Cassia Residence Phuket 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 ฿14 per square meter based on the plot size of the property and is 0 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 Cassia Residence Phuket the required payment for the sinking fund is ฿250 per square meter based on the size of the plot size of the property.
Bang Tao Beach is the nearest Beach from Cassia Residence Phuket and it is 0.6 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 Cassia Residence Phuket you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Cash Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Deferred Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
90 days after contract signing
30%
3rd Installment
On handover
50%

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 Cassia Residence Phuket?

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Wonderful condo with excellent service
4 Raquel Stake, Brazil, 2 years ago
It's one of the condominium projects from Banyan Tree, which makes me satisfied during the holiday. Every time I visit Phuket, I always realize hotels and villas in the Laguna Phuket. There are many various residences to choose from. At this time, I prefer the new condominium called "Cassia Residence Phuket." It is for both living and investing, and we can either rent or buy it. Its location is so beautiful, close to a large lake and Bangtao Beach. Residents can take the shuttle boat service in front of the condo as the boat will collect the guests every 20 minutes. It's very convenient to go to the beach. Also, there a private beach and sunbeds as well. In the Cassia Residence Phuket, there is an excellent service from the staff, including breakfast, lunch, and dinner. They are ready to serve the residents every time. In the evening, we can swim and experience the sunset. It is also very convenient to go to the outside because there is a shuttle bus to the shopping venues and nearby tourist attractions. It is 800 meters close to restaurants, bars, massage and spa shops,

Phuket

Choeng Thale

Neighborhood Overview

Location and Neighborhood

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