Grand Breeze Park Condotel

3.5 (1 Review)

Kamala, Kathu,Phuket

Unit ID: U85111
7% GUAR. RETURN FOR 5 YEARS
฿6,200,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
58 SqM Size
Floors
2 Floor
Construction
Jul 2021 Completed

2 Bedroom Condo for sale at Grand Breeze Park Condotel

This property is a 58 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Grand Breeze Park Condotel project in Kamala, Phuket and was completed in Jul 2021. You can buy this condo for a base price of ฿6,200,000 (฿106,897/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedrooms 2
Size 58 SqM
Price per SqM ฿106,897
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, Leasehold, Company
Furniture
Available for ฿550,000
View(s) Sea View
Unit Type 2 Bedroom
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.
฿2,900/mo
Listed By
Developer
Date Listed Sep 13, 2018
Last Updated 1 year ago
Unit ID U85111

Price Analysis

Great Price
Estimated market value ฿6,892,834
Great
฿5,660,000
Good
Fair
Above
฿7,640,000
Current asking Price: ฿6,200,000
This condo is ฿692,834 BELOW MARKET (-10%) 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
฿6,200,000
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.
฿2,900/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
5 Years

Project Details

Developer: Soticon group
Construction: Completed (Jul 2021)
Floors: 5
Buildings: N/A
Units: 185
Project Area: N/A
Nearest Landmark Kalim Beach - 3.7 Km
Location: Kamala, Kathu, Phuket
Grand Breeze Park Condotel Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation Completed
20%
3rd Installment
Building Structure Completed
20%
4th Installment
Interior Completed
20%
5th Installment
On handover
5%

Frequently asked questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿2,900 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 Grand Breeze Park Condotel the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Grand Breeze Park Condotel offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Kalim Beach is the nearest Beach from Grand Breeze Park Condotel and it is 3.7 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 Grand Breeze Park Condotel you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation Completed
20%
3rd Installment
Building Structure Completed
20%
4th Installment
Interior Completed
20%
5th Installment
On handover
5%

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 Grand Breeze Park Condotel?

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Reviews

3.5 out of 5 3.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condos are definitely suitable for investment and good value.
3.5 Oslo N., France, 1 year ago
The project is near to Kamala Beach and under construction. I think it will be a fantastic project when it’s completed because it’s situated in a good location. The spacious balcony offers a distant garden and sea views. The common area is provided with a variety of facilities. Condos in Phuket are definitely suitable for investment and good value. It’s very convenient for traveling and not far from Patong. Also, it takes only 30 minutes to Phuket Town.

Phuket

Kamala

Neighborhood Overview

Location and Neighborhood

Street View

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