2 Bedroom Penthouse for sale at Kata Royal

4.67 (1 Review)
Karon, Phuket Town,Phuket
Unit ID: U22215
5% Rental Yield
฿15,500,000 ฿21,000,000 Great Price
2 Bedrooms
2 Bathrooms
196 SqM Size
3 Floor
Jan 2014 Completed

About This Penthouse

This property is a 196 SqM penthouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Kata Royal project in Karon, Phuket and was completed in Jan 2014. You can buy this penthouse for a base price of ฿15,500,000 (฿79,082/SqM).

This stunning sea view 2-bedroom apartment is designed in modern architecture made from high-quality materials. Moreover, you can enjoy endless mountain views and sea views amid the peaceful atmosphere of Kata beach while relaxing in the Jacuzzi. The apartment is just a few minutes from Kata and Karon  Beaches, surrounded by tropical forests, famous restaurants, and tourist attractions. In addition to an outstanding location, the project also has a complete range of facilities, such as a swimming pool, a fitness center, parking spaces, a 24-hour security system, and many more., suitable for all lifestyles and perfect living. 

Features

Private GymPrivate Gym JacuzziJacuzzi Covered ParkingCovered Parking

Basic Information

Property Type Penthouse
Floor 3
Bedrooms 2
Size 196 SqM
Price per SqM ฿79,082
Penthouse 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, Company
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
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
Private Owner
Date Listed Dec 19, 2016
Last Updated 1 year ago
Unit ID U22215

Price Analysis

Good Price
Estimated market value ฿15,073,895
Great
฿14,500,000
Good
Fair
Above
฿22,500,000
Current asking Price: ฿15,500,000 | Rental estimate: ฿66,600/mo
This penthouse is ฿426,105 ABOVE MARKET (3%) in the Phuket area. It is analyzed against similar penthouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿15,500,000
Rent
฿65,000/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.
19
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: Kata Royal
Developer: N/A
Construction: Completed (Jan 2014)
Floors: 3
Buildings: N/A
Units: 8
Project Area: N/A
Nearest Landmark Kata Beach - 2 Km
Location: Karon, Phuket Town, Phuket
Kata Royal 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

Available Units at Kata Royal

For Sale 5 For Rent 4
Get notified when new homes are being added to Kata Royal

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Frequently Asked Questions

Kata Beach is the nearest Beach from Kata Royal and it is 2 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 Kata Royal 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It’s a penthouse with an astonishing view
4.7 Megan Meyer, Canada, 3 years ago
It’s a penthouse with an astonishing view. Although it is a bit expensive, I think it’s cost-effective. The house is spacious, and there is a small corner for cooking. I can enjoy the panoramic sea view from the balcony. There is a large swimming pool which is always kept clean. The location is not far from Kata Beach as it takes about 5 minutes by car. I’d recommend this place.
Phuket
Karon

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