The Green Places Condominium

4.83 (1 Review)

Ratsada, Phuket Town,Phuket

Unit ID: U673382
6% GUAR. RETURN FOR 3 YEARS
฿2,800,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
52 SqM Size
Floors
3 Floor
Construction
Nov 2014 Completed

Studio Condo for sale at The Green Places Condominium

This property is a 52 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Green Places Condominium project in Ratsada, Phuket and was completed in Nov 2014. You can buy this condo for a base price of ฿2,800,000 (฿53,846/SqM).

Features

BalconyBalcony TVTV

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 52 SqM
Price per SqM ฿53,846
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, Thai 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) City 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.
฿1,315/mo
Listed By
Private Owner
Date Listed Mar 20, 2021
Last Updated 6 months ago
Unit ID U673382

Price Analysis

Good Price
Estimated market value ฿2,844,033
Great
฿1,600,000
Good
Fair
Above
฿1,670,000
Current asking Price: ฿2,800,000 | Rental estimate: ฿12,400/mo
This condo is ฿44,033 BELOW MARKET (-2%) 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
฿2,800,000
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.
฿1,315/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
3 Years

Project Details

Developer: Phanason Properties
Construction: Completed (Nov 2014)
Floors: 8
Buildings: N/A
Units: 1407
Project Area: N/A
Nearest Landmark Robinson Lifestyle Thalang Phuket - 0.9 Km
Location: Ratsada, Phuket Town, Phuket
The Green Places Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Frequently asked questions

No pets are allowed at The Green Places Condominium 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 ฿25 per square meter based on the size of indoor area of the property and is ฿1,315 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.
The Green Places Condominium offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Robinson Lifestyle Thalang Phuket is the nearest Shopping Mall from The Green Places Condominium and it is 0.9 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 The Green Places Condominium 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

Do you own a property at The Green Places Condominium?

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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice Place
4.8 Bella Martin, France, 1 year ago
I rented a studio room. The room is divided into good proportions, including a spacious bedroom, bathroom, and kitchen. It is a perfect size for me or living alone. The project has a good atmosphere with full amenities such as a shower, TV, air conditioning that are worked properly. The staff is friendly, smiling, and speaks English very well. There are many excellent well-maintained facilities such as a swimming pool, fitness center, garden. The project is also located close to Central Festival, just only a 10 minutes drive. The only problem I encountered was the internet; unfortunately, there was no WiFi in my room.

Phuket

Ratsada

Neighborhood Overview

Location and Neighborhood

Street View

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