Bluepoint Condominiums

5 (1 Review)

Patong, Kathu,Phuket

Unit ID: U23093
5% Rental Yield
฿21,500,000 Great Price
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
145.44 SqM Size
Floors
1 Floor
Construction
Jun 2018 Completed

3 Bedroom Condo for sale at Bluepoint Condominiums

This property is a 145.44 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Bluepoint Condominiums project in Patong, Phuket and was completed in Jun 2018. You can buy this condo for a base price of ฿21,500,000 (฿147,827/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Property Type Condo
Floor 1
Bedrooms 3
Size 145.44 SqM
Price per SqM ฿147,827
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Available for ฿300,000
View(s) Sea View, Mountain View, City View, Pool View
Unit Type CYGD101
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.
฿10,181/mo
Listed By
Developer
Date Listed Jan 18, 2018
Last Updated 1 year ago
Unit ID U23093

Price Analysis

Good Price
Estimated market value ฿22,419,623
Great
฿20,500,000
Good
Fair
Above
฿21,100,000
Current asking Price: ฿21,500,000 | Rental estimate: ฿84,500/mo
This condo is ฿919,623 BELOW MARKET (-4%) 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
฿21,500,000
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.
฿10,181/mo
Est. Rent
฿84,500/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.
21
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 3 bedroom condos at Bluepoint Condominiums, and the current sales price.
5%

Project Details

Project Name: Bluepoint Condominiums
Construction: Completed (Jun 2018)
Floors: 3
Buildings: N/A
Units: 20
Project Area: N/A
Nearest Landmark Patong Beach - 3 Km
Location: Patong, Kathu, Phuket
Bluepoint Condominiums 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
Reception / Lobby Area Reception / Lobby Area

Available Units at Bluepoint Condominiums

For Sale 12 For Rent 2
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Floor 6 Floor
Foreign Quota Sea View
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Available Units at Bluepoint Condominiums
฿147,827
Good Price
Beds 3 Beds
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Floor 1 Floor
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฿223,587
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฿216,584
Beds 3 Beds
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฿153,626
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Beds 3 Beds
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Foreign Quota Sea View
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฿151,852
Good Price
Beds 3 Beds
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Available Units at Bluepoint Condominiums
฿158,057
Beds 2 Beds
Baths 2 Baths
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Floor 1 Floor
Foreign Quota Sea View
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Available Units at Bluepoint Condominiums
฿220,860
Beds 3 Beds
Baths 2 Baths
Size 151.68 SqM Size
Floor 2 Floor
Foreign Quota Sea View
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Available Units at Bluepoint Condominiums
-
Beds 3 Beds
Baths 2 Baths
Size 150 SqM Size
Floor 1 Floor
Sea View
Get notified when new homes are being added to Bluepoint Condominiums

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Upon reservation agreement signing
฿200,000
1st Installment
Upon signing of the sale & purchase agreement (less reservation fee)
35%
2nd Installment
Upon lock up & handover
60%
3rd Installment
Upon completion of defects and deficiencies (within 3 months of
5%

Frequently asked questions

No pets are allowed at Bluepoint Condominiums 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 ฿70 per square meter based on the size of indoor area of the property and is ฿10,181 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 Bluepoint Condominiums the required payment for the sinking fund is ฿850 per square meter based on the size of the indoor area of the property.
Patong Beach is the nearest Beach from Bluepoint Condominiums and it is 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 Bluepoint Condominiums 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
Upon reservation agreement signing
฿200,000
1st Installment
Upon signing of the sale & purchase agreement (less reservation fee)
35%
2nd Installment
Upon lock up & handover
60%
3rd Installment
Upon completion of defects and deficiencies (within 3 months of
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

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Stunning view, near Patong Beach
5 Julia Lim, Malaysia, 3 years ago
Good atmosphere, quiet, breathtaking view, and close to Patong. It is a condo unit with 2 bedrooms and a spacious living area. The finishing is luxurious. The kitchen is Western-style. The condo comes with a lovely pool and Jacuzzi, perfect for family vacations or friends. Peaceful location as it's distant from nightlife, allowing a comfy stay.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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