Studio Condo for sale at The Marin Phuket

4.53 (6 Reviews)
Kamala, Kathu,Phuket
Unit ID: U151129
7% GUAR. RETURN FOR 3 YEARS
฿5,579,000 Great Price
Studio Bedroom
1 Bathroom
40.10 SqM Size
2 Floor
Dec 2021 Completed

About This Condo

This property is a 40.10 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Marin Phuket project in Kamala, Phuket and was completed in Dec 2021. You can buy this condo for a base price of ฿5,579,000 (฿139,127/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 40.10 SqM
Price per SqM ฿139,127
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, Company
Furniture
Available for ฿300,000
View(s) Pool View
Unit Type A1
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.
฿2,406/mo
Listed By
Developer
Date Listed Jan 15, 2019
Last Updated 2 years ago
Unit ID U151129

Price Analysis

Great Price
Estimated market value ฿6,147,004
Great
฿6,050,000
Good
Fair
Above
฿7,180,000
Current asking Price: ฿5,579,000
This condo is ฿568,004 BELOW MARKET (-9%) 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
฿5,579,000
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.
฿2,406/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: The Marin Phuket
Construction: Completed (Dec 2021)
Floors: 5
Buildings: 2
Units: 260
Project Area: N/A
Nearest Landmark Kamala Beach - 0.3 Km
Location: Kamala, Kathu, Phuket
The Marin Phuket Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Kids Club Kids Club

Popular Facilities at The Marin Phuket

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Rooftop
  • Indoor Kids Zone
    Ground Floor

Available Units at The Marin Phuket

Get notified when new homes are being added to The Marin Phuket

Loan Calculator

Payment Plan

For Building A
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
21 days after reservation
35%
2nd Installment
1st Down Payment
10%
3rd Installment
2nd Down Payment
20%
4th Installment
3rd Down Payment
10%
5th Installment
Completion of unit & Registration unit
20%
For Building B
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
1st Down Payment
10%
3rd Installment
2nd Down Payment
25%
4th Installment
3rd Down Payment
20%
5th Installment
Completion of unit & Registration unit
10%

Frequently Asked Questions

No pets are allowed at The Marin 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 ฿2,406 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 The Marin Phuket the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
The Marin Phuket offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Kamala Beach is the nearest Beach from The Marin Phuket and it is 0.3 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 at The Marin Phuket you have to follow these steps:

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

 


For Building A
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
21 days after reservation
35%
2nd Installment
1st Down Payment
10%
3rd Installment
2nd Down Payment
20%
4th Installment
3rd Down Payment
10%
5th Installment
Completion of unit & Registration unit
20%
For Building B
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
35%
2nd Installment
1st Down Payment
10%
3rd Installment
2nd Down Payment
25%
4th Installment
3rd Down Payment
20%
5th Installment
Completion of unit & Registration unit
10%

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 Marin Phuket?

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Reviews

4.5 out of 5 4.53
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quiet area, liveable
5 Shawana Brumer, Germany, 2 years ago
Luxury condominium project in the Kamala area. There are complete facilities such as 4 large swimming pools, a restaurant, and a spacious parking space with a 24-hour front desk. It is suitable for relaxation and as a second home because the atmosphere is quiet. Of course, it's worth the investment. It would attract a lot of attention from foreigners seeking a peaceful living for sure.
I can’t wait to move into this place!
4.5 Tyisha Greenwald, Belgium, 2 years ago
I can’t wait to move into this place. The room that I reserved is a two-bedroom unit with the right size. It’s well-decorated in a very modern style. As for the location, it is near Kamala beach in which there are many delicious restaurants and famous beach clubs. If you were around, I think that I would be extremely happy. It’s also an excellent option for investment because, as you know, Phuket is considered to be one of the most famous tourist destinations in Thailand. I guarantee it will be easy for resale or rent out.
Under construction, worth investment
3.5 Santa Turlington, New Zealand, 2 years ago
The project is still under construction and is expected to be completed within the next year. I think it must be very beautiful, and I have read through the project quite a bit. I think this condo is worth investing in, suitable for a vacation condo. If going into town is not complicated, there are many bars and restaurants in the neighborhood !!
It is a good atmosphere villa, good for investment
4.8 Christiana Coomer, Germany, 2 years ago
I had a chance to visit the showroom at The Martin Phuket, an interesting project located in a potential area for a vacation place. The project surrounding is quite tranquil and surrounded by lush green nature. The on-site is luxury, featuring a complete range of facilities and beautifully decorated. All areas are perfectly allocated. Only the project showroom and video presentation attract me much, and I'd like to see after the project is completed. After a long decision, I decided to book 1 room because in the future I believe that this location will be the destination for world-wide tourists to visit here.
Best location, enjoy sea sun sand at The Marin Phuket
4.8 Kara Coelho, Brazil, 2 years ago
I've booked a 1-bedroom Type B unit of the Marin Phuket, yet the project is still under construction. I chose the project because it is surrounded by nature and within walking distance to Kamala beach. Just a few steps, I can enjoy the beautiful and calm beach, which makes me relax and enjoy the sea, the sun and the sand there. This place is suitable for sea lovers, and I'm one of them. The on-site facility is modern and fully-equipped, such as 4 swimming pools, a fitness center, a lobby, underground parking lots, and the security system for 24 hours, which suits the future's needs. The Marin Phuket is surrounded by famous beach clubs such as Cafe Del Mar and HQ Beach Club. You can enjoy the chilling moment with many places around. I visited the mock-up room, and I'm interested in modern luxurious design in nature. No regret buying the room here at all.
Modern Luxurious condominium
4.5 Mohammed Ali, United Arab Emirates, 3 years ago
Modern Luxurious condominium with furniture from leading brands. There are two types of room available: a studio and 1-bedroom. The size of the room is perfect, not too small or too big. It’s suitable for 1-2 people to stay. A condominium is located only 100 meters away from Kamala beach and not far from Cafe Del Mar and Phuket Fantasea, where many tourists come for popular shows every year.
Phuket
Kamala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Marin Phuket

Location
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Monthly Rentals
Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Kamala, Kathu, Phuket
Number of units
236
Sales Prices
฿9.61M - ฿13.7M
▲ 4.4% overpriced
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
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Location
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Number of units
75
Sales Prices
฿15M - ฿76.7M
▲ 24% overpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
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Location
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Number of units
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Monthly Rentals
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Completion Status
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Kamala, Kathu, Phuket
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Completion Status
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Location
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Location
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