Absolute Twin Sands III

4.33 (1 Review)

Patong, Kathu,Phuket

Unit ID: U166535
7% GUAR. RETURN FOR 3 YEARS
฿4,250,000 ฿4,500,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
34 SqM Size
Floors
2 Floor
Construction
Dec 2017 Completed

Studio Condo for sale at Absolute Twin Sands III

This property is a 34 SqM studio condo with 1 bathroom that is available for sale. It is part of the Absolute Twin Sands III project in Patong, Phuket and was completed in Dec 2017. You can buy this condo for a base price of ฿4,250,000 (฿125,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 34 SqM
Price per SqM ฿125,000
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
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) Pool View, Blocked 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.
฿2,720/mo
Listed By
Private Owner
Date Listed Jun 5, 2019
Last Updated 1 year ago
Unit ID U166535

Investment Opportunity: Charges & Yield

Sale Price
฿4,250,000
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.
฿2,720/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
3 Years

Project Details

Project Name: Absolute Twin Sands III
Construction: Completed (Dec 2017)
Floors: 5
Buildings: N/A
Units: 86
Project Area: N/A
Nearest Landmark Bangla Road - 2.7 Km
Location: Patong, Kathu, Phuket
Absolute Twin Sands III Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Spa Spa
Steam Room Steam Room
Sauna Sauna

Available Units at Absolute Twin Sands III

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Frequently asked questions

The common area maintenance fee is ฿80 per square meter based on the size of indoor area of the property and is ฿2,720 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 Absolute Twin Sands III the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Absolute Twin Sands III offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Bangla Road is the nearest Tourist Attraction from Absolute Twin Sands III and it is 2.7 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 Absolute Twin Sands III 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
Excellent service and friendly staff
4.3 Chase Cass, Australia, 2 years ago
It is a good vacation for the 14 days that I have stayed with Absolute Twin Sands III. It is a perfect service accommodation. The friendly staff pays attention to every detail, and they warmly welcomed me, giving a sense of the service-minded. The project's location is calm, private, and not chaotic, situated amid nature on the hill with a beautiful view. It allows me to relax fully. Besides, I have visited a wonderful beach like Freedom Beach, which is not far from the condo. I have sunbathed, swimming in the sea, and admire the serene blue sea nature. I am very impressed! The project offers many special services, whether it is a spa, yoga, a wellness program, which is very good. There is also a shuttle service to Phuket Town. It is all-in-one. I would recommend it. If anyone is looking for luxury accommodation with a special service here, Absolute Twin Sands will be the perfect and excellent place then.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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