Pu Condo

4.83 (2 Reviews)

Karon, Phuket Town,Phuket

Unit ID: U512904
7% GUAR. RETURN FOR 3 YEARS
฿3,120,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
24 SqM Size
Floors
2 Floor
Construction
Dec 2022 Off Plan

Studio Condo for sale at Pu Condo

This property is a 24 SqM studio condo with 1 bathroom that is available for sale. It is part of the Pu Condo project in Karon, Phuket and it is scheduled for completion in Dec 2022. You can buy this condo for a base price of ฿3,120,000 (฿130,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 24 SqM
Price per SqM ฿130,000
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%.

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 B
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.
฿1,440/mo
Listed By
Developer
Date Listed Apr 30, 2020
Last Updated 1 year ago
Unit ID U512904

Price Analysis

Great Price
Estimated market value ฿3,364,095
Great
฿3,280,000
Good
Fair
Above
฿3,520,000
Current asking Price: ฿3,120,000
This condo is ฿244,095 BELOW MARKET (-7%) 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
฿3,120,000
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.
฿1,440/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: Pu Condo
Construction: Off Plan (Dec 2022)
Floors: 3
Buildings: N/A
Units: 243
Project Area: N/A
Nearest Landmark Patong Beach - 1.3 Km
Location: Karon, Phuket Town, Phuket
Pu Condo 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)
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Available Units at Pu Condo

Get notified when new homes are being added to Pu Condo

Loan Calculator

Payment Plan

Standard Construction
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation starting
25%
3rd Installment
Foundation completion
15%
4th Installment
Concrete Structure Completion
15%
5th Installment
On handover
10%
Deffered Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation starting
15%
3rd Installment
Concrete Structure Completion
10%
4th Installment
Post Construction Payment (Divided Up to 2 years)
40%

Frequently asked questions

The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿1,440 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 Pu Condo the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
Pu Condo offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Patong Beach is the nearest Beach from Pu Condo and it is 1.3 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 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Standard Construction
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation starting
25%
3rd Installment
Foundation completion
15%
4th Installment
Concrete Structure Completion
15%
5th Installment
On handover
10%
Deffered Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
Foundation starting
15%
3rd Installment
Concrete Structure Completion
10%
4th Installment
Post Construction Payment (Divided Up to 2 years)
40%

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

4.8 out of 5 4.83
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location on the way up to Patong Hill.
5 Thanya P., United States, 10 months ago
It is an excellent location on the way up to Patong Hill overlooking the Andaman Sea and next to Sirirat Road. The location makes it easy to travel to both Patong Beach or Phuket Town. Wonderful atmosphere as the project is surrounded by trees. The facilities range from a swimming pool, spa, fitness, restaurant, and lobby. The rooms are available in studio and one-bedroom types. The living space comes in proper size with well-organized furniture. The price is cut now, so it isn't that expensive. It is perfect for investment.
I just reserved a one-bedroom room here
4.7 Christian F., United Kingdom, 10 months ago
I just reserved a one-bedroom room here, which is a reasonably large room. The design and decoration are beautiful, modern, fully furnished, and complete, no need to buy anything more. The project also offers excellent facilities such as a swimming pool, gym, spa, restaurant, and more. What I like the most is the location near Patong Beach and Karon Beach, considered the best location on Phuket Island for traveling or taking a vacation in an atmosphere of natural surroundings. It is fully equipped with facilities; which makes it very difficult to find a project like this. What are you waiting for?

Phuket

Karon

Neighborhood Overview

Location and Neighborhood

Street View

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