Patong Bay Hill

4 (1 Review)

Patong, Kathu,Phuket

Unit ID: U18746
7% GUAR. RETURN FOR 15 YEARS
฿5,760,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
60 SqM Size
Floors
2 Floor
Construction
Dec 2021 Off Plan

Studio Apartment for sale at Patong Bay Hill

This property is a 60 SqM studio apartment with 1 bathroom that is available for sale. It is part of the Patong Bay Hill project in Patong, Phuket and it is scheduled for completion in Dec 2021. You can buy this apartment for a base price of ฿5,760,000 (฿96,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Apartment
Floor 2
Bedroom Studio
Size 60 SqM
Price per SqM ฿96,000
Apartment 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) Garden View
Unit Type STU
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
Developer
Date Listed Nov 4, 2016
Last Updated 1 year ago
Unit ID U18746

Price Analysis

Fair Price
Estimated market value ฿5,627,381
Great
฿5,250,000
Good
Fair
Above
฿6,360,000
Current asking Price: ฿5,760,000
This apartment is ฿132,619 ABOVE MARKET (2%) in the Phuket area. It is analyzed against similar apartments & flats 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
฿5,760,000
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
15 Years

Project Details

Project Name: Patong Bay Hill
Construction: Off Plan (Dec 2021)
Floors: 2
Buildings: N/A
Units: 429
Project Area: N/A
Nearest Landmark Bangla Road - 1.8 Km
Location: Patong, Kathu, Phuket
Patong Bay Hill Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
On completion
10%
5th Installment
On handover
10%

Frequently asked questions

Bangla Road is the nearest Tourist Attraction from Patong Bay Hill and it is 1.8 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 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
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
On completion
10%
5th Installment
On handover
10%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It's a nice condominium project near Patong Beach
4 Kan J., Thailand, 1 year ago
I decided to book 1 room for a family relaxation place, and I want to fulfill happiness for them. I love Patong Beach very much, and I decided to buy it because it's a new project and scheduled to complete next year. The on-site is beautiful, and the rooms are lovely, designed especially for relaxation. It is fully furnished. There is a living room, a kitchen, and a bedroom, you can experience the view from all zones. The common area could be called a landmark because there is an extensive range of facilities, including a swimming pool, sports courts, playgrounds, etc. Overall, I think it's okay. You may use a private car for convenience in traveling and getting around. I won't be disappointed when the project is completed because it is very nice and cozy.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Patong Bay Hill

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Patong Bay Hill 2
Location
Kathu, Phuket, Thailand
Number of units
199
Sales Prices
฿3.87M - ฿4.6M
▼ -0.3% underpriced
Monthly Rentals
N/A
Year Built
Jun 2021
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
8
Sales Prices
฿15M
Monthly Rentals
N/A
Year Built
May 2005
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
200
Sales Prices
฿5.89M - ฿10.9M
▲ 3.7% overpriced
Monthly Rentals
N/A
Year Built
Nov 2022
Completion Status
Off Plan
Project Name
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Location
Kathu, Phuket, Thailand
Number of units
6
Sales Prices
฿45M
Monthly Rentals
฿175K
Year Built
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N/A
Year Built
May 2002
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Completed
Location
Kathu, Phuket, Thailand
Number of units
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Sales Prices
฿7.29M
▲ 23% overpriced
Monthly Rentals
N/A
Year Built
Jun 2004
Completion Status
Completed
Location
Kathu, Phuket, Thailand
Number of units
16
Sales Prices
฿3.7M - ฿15M
▼ -12% underpriced
Monthly Rentals
฿16K - ฿64.9K
Year Built
Oct 2002
Completion Status
Completed
Project Name
Bukit Pool Villa
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Kathu, Phuket, Thailand
Number of units
6
Sales Prices
฿20.5M - ฿23.5M
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Monthly Rentals
฿120K
Year Built
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Completion Status
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Project Name
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Location
Kathu, Phuket, Thailand
Number of units
168
Sales Prices
฿1.69M - ฿12M
▼ -2.5% underpriced
Monthly Rentals
฿15K - ฿20K
Year Built
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Completion Status
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Project Name
The Haven Lagoon
Location
Kathu, Phuket, Thailand
Number of units
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Sales Prices
฿3M - ฿6.79M
Monthly Rentals
฿9.99K - ฿89.9K
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