Serene Condominium Phuket

4.46 (2 Reviews)

Choeng Thale, Thalang,Phuket

Unit ID: U263247
5% GUAR. RETURN FOR 5 YEARS
Sold Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
28 SqM Size
Floors
8 Floor
Construction
Sep 2023 Off Plan

Studio Condo for sale at Serene Condominium Phuket

This property is a 28 SqM studio condo with 1 bathroom that is available for sale. It is part of the Serene Condominium Phuket project in Choeng Thale, Phuket and it is scheduled for completion in Sep 2023. You can buy this condo for a base price of ฿2,987,600 (฿106,700/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 8
Bedroom Studio
Size 28 SqM
Price per SqM ฿106,700
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
Available for ฿250,000
View(s) Garden View
Unit Type Studio
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.
฿1,680/mo
Listed By
Developer
Date Listed Dec 17, 2019
Last Updated 1 month ago
Unit ID U263247

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿4,197,149
Great
฿3,730,000
Good
Fair
Above
฿4,200,000
Current asking Price: ฿2,987,600
This condo is ฿1,209,549 BELOW MARKET (-29%) 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

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.
฿1,680/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.
20
Guaranteed Rental Return
5%
Guarantee Duration
5 Years

Project Details

Developer: Serene Surin Co.Ltd
Construction: Off Plan (Sep 2023)
Floors: 8
Buildings: 2
Units: 198
Project Area: 3,300 SqM
Nearest Landmark Surin Beach - 1 Km
Location: Choeng Thale, Thalang, Phuket
Serene Condominium Phuket Project Details

Project Features

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)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Shuttle Bus Shuttle Bus

Popular Facilities at Serene Condominium Phuket

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    8th Floor
  • On Site Restaurant
    8th Floor
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Available Units at Serene Condominium Phuket

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
35%
2nd Installment
Construction start
20%
3rd Installment
Super structure completion
20%
4th Installment
Unit completion
15%
5th Installment
On handover
10%

Frequently asked questions

No pets are allowed at Serene Condominium Phuket 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 ฿60 per square meter based on the size of indoor area of the property and is ฿1,680 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 Serene Condominium Phuket the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Serene Condominium Phuket offers a guaranteed rental return of 5% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Surin Beach is the nearest Beach from Serene Condominium Phuket and it is 1 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
35%
2nd Installment
Construction start
20%
3rd Installment
Super structure completion
20%
4th Installment
Unit completion
15%
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

Do you own a property at Serene Condominium Phuket?

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Reviews

4.5 out of 5 4.46
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Eco Friendly interesting project.
4.9 Verified Visitor, 1 year ago
Had a chance to visit the sales office and show unit of Serene. I personally was impressed of the eco-friendly type of project they are planning to build, with solar panels powering all the common areas and with every tree the cut down they will plant 2 more. The furniture in the showroom was impressive with the foldable tables and bed to save space and they also offer a great rental guarantee plus rental pool which seems unique to me. If you're an eco freak like me this project is definitely something to keep your eye on.
Eco-friendly condo
4 Reda Horstman, Ireland, 1 year ago
Serene Condominium Phuket is a very good project. It focuses on environmentally friendly. I went to the Sales office and was very impressed because it is an environmentally conscious project. It perfectly matches to those who love nature. The project itself is also meet the residents' need as well. It is designed a modern that is conducive to everyday life. Besides, the Serene Condominium Phuket is not far from Phuket's tourist attractions, accessible to all Phuket destinations, such as only 1 kilometer from Bang Tao Beach and not far from Phuket International Airport as well. Overall, this is a new project and is ideal for investment.

Phuket

Choeng Thale

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Location and Neighborhood

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