Heritage Suites

4.33 (1 Review)

Kathu, Kathu,Phuket

Unit ID: U1058350
6% Rental Yield
฿8,000,000
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
178.73 SqM Size
Floors
4 Floor
Construction
Dec 2008 Completed

About This Condo

This property is a 178.73 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Heritage Suites project in Kathu, Phuket and was completed in Dec 2008. You can buy this condo for a base price of ฿8,000,000 (฿44,760/SqM).

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 178.73 SqM
Price per SqM ฿44,760
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%.

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) City 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.
฿6,792/mo
Listed By
Private Owner
Date Listed Feb 11, 2022
Last Updated 1 month ago
Unit ID U1058350

Investment Opportunity: Charges & Yield

Sale Price
฿8,000,000
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.
฿6,792/mo
Est. Rent
฿42,500/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.
16
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 Heritage Suites, and the current sales price.
6%

Project Details

Project Name: Heritage Suites
Developer: N/A
Construction: Completed (Dec 2008)
Floors: 7
Buildings: N/A
Units: 67
Project Area: N/A
Nearest Landmark Central Festival Phuket - 2.3 Km
Location: Kathu, Kathu, Phuket
Heritage Suites Project Details

Project Features

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

Loan Calculator

Frequently Asked Questions

No pets are allowed at Heritage Suites 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 ฿38 per square meter based on the size of indoor area of the property and is ฿6,792 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.
Central Festival Phuket is the nearest Shopping Mall from Heritage Suites and it is 2.3 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 Heritage Suites 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

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Big room, cozy and travel convenient
4.3 Latosha Smirnov, Russia, 3 years ago
The condo is close to the city center, so it's easy to travel everywhere like Tesco Lotus, Central Festival, or the Weekend night market. Also near Patong Beach, it takes less than 20 minutes. The project's location is not on a busy road with optional routes. The condo was finished many years ago, so it looks a bit old. Most of the neighbors here are foreigners that live with family and children, making some noisy days. The room is large. You can see that there are small numbers of units in 2 buildings. I can enjoy the large space in the bedroom and bathroom, which has a bathtub and rain shower. The balcony is massive, too, so that I can enjoy the view. There is also a clubhouse, a pool, gym, and parking space.

Phuket

Kathu

Neighborhood Overview

Location and Neighborhood

Street View

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