Grand Himalai

5 (1 Review)

Kamala, Kathu,Phuket

Unit ID: U897186
7% GUAR. RETURN FOR 5 YEARS
฿5,000,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
34 SqM Size
Floors
3 Floor
Construction
Sep 2021 Completed

Studio Condo for sale at Grand Himalai

This property is a 34 SqM studio condo with 1 bathroom that is available for sale. It is part of the Grand Himalai project in Kamala, Phuket and was completed in Sep 2021. You can buy this condo for a base price of ฿5,000,000 (฿147,059/SqM).

Grand Himalai Oceanfront Residences Phuket

Grand Himalai Oceanfront Residences is located on Millionaire’s Mile in Kamala Beach, which is inarguably Phuket’s most exclusive coast that is also home to numerous 5-star resorts, luxurious villas, and even an impressive palace owned by the King of Thailand. This dazzling condominium development has taken advantage of its close proximity to the azure Andaman Sea and offers sweeping ocean views from most of its units. With 5-star facilities that include swimming pools overlooking the ocean, 5-star restaurants, a fitness club, a spa and recreational area, a kids’ club, and a breathtaking viewpoint from a hilltop, Grand Himalai Oceanfront Residences epitomizes luxury living.

Features

OceanfrontOceanfront BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 34 SqM
Price per SqM ฿147,059
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%.

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) 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.
฿2,040/mo
Listed By
Private Owner
Date Listed May 23, 2021
Last Updated 3 weeks ago
Unit ID U897186

Price Analysis

Above Average
Estimated market value ฿4,317,335
Great
฿3,750,000
Good
Fair
Above
฿5,060,000
Current asking Price: ฿5,000,000
This condo is ฿682,665 ABOVE MARKET (16%) 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
฿5,000,000
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.
฿2,040/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
5 Years

Project Details

Project Name: Grand Himalai
Construction: Completed (Sep 2021)
Floors: 3
Buildings: N/A
Units: 345
Project Area: N/A
Nearest Landmark Kamala Beach - 0.7 Km
Location: Kamala, Kathu, Phuket
Grand Himalai Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area

Available Units at Grand Himalai

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Frequently asked questions

All kind of pets are allowed at Grand Himalai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿2,040 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 Grand Himalai the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Grand Himalai offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Kamala Beach is the nearest Beach from Grand Himalai and it is 0.7 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 Grand Himalai 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

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
Modern condo, located in Kamala
5 Dominic Nyugen, United States, 6 months ago
I have a plan to move to work in Phuket next year. I am looking for a modern, beautiful, and safe condo. Then, I found the advertisement on the website and find more interesting information. The project is stunning and modern. The 30 sq.m studio room is fully furnished, a decent size for living alone. There are a lot of different facilities. It's like staying in a big hotel such as a swimming pool, parking, restaurant, and fitness. As for the location, I am very ok because as far as I read the reviews, the neighborhood is quiet and not busy, close to Patong, or go to the Cherngtalay area. It is not very far away, just precisely what I need!

Phuket

Kamala

Neighborhood Overview

Location and Neighborhood

Street View

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