Absolute Twin Sands II

4.83 (2 Reviews)

Patong, Kathu,Phuket

Unit ID: U64572
6% GUAR. RETURN FOR 6 YEARS
฿8,500,000 ฿9,000,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
55.30 SqM Size
Floors
4 Floor
Construction
Dec 2015 Completed

Studio Penthouse for sale at Absolute Twin Sands II

This property is a 55.30 SqM studio penthouse with 1 bathroom that is available for sale. It is part of the Absolute Twin Sands II project in Patong, Phuket and was completed in Dec 2015. You can buy this penthouse for a base price of ฿8,500,000 (฿153,707/SqM).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Penthouse
Floor 4
Bedroom Studio
Size 55.30 SqM
Price per SqM ฿153,707
Penthouse 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
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.
฿4,424/mo
Listed By
Private Owner
Date Listed Feb 20, 2018
Last Updated 7 months ago
Unit ID U64572

Investment Opportunity: Charges & Yield

Sale Price
฿8,500,000
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.
฿4,424/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
6 Years

Project Details

Project Name: Absolute Twin Sands II
Construction: Completed (Dec 2015)
Floors: 5
Buildings: 2
Units: 52
Project Area: 12,800 SqM
Nearest Landmark Patong Beach - 2.9 Km
Location: Patong, Kathu, Phuket
Absolute Twin Sands II 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area

Popular Facilities at Absolute Twin Sands II

  • Communal Pool
    1st Floor
  • Reception / Lobby Area
    Ground Floor

Loan Calculator

Frequently asked questions

No pets are allowed at Absolute Twin Sands II 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 ฿80 per square meter based on the size of indoor area of the property and is ฿4,424 for this penthouse. 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 Absolute Twin Sands II the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Patong Beach is the nearest Beach from Absolute Twin Sands II and it is 2.9 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 Absolute Twin Sands II 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

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
Well maintained property near the beach
5 Marciano brewster, Netherlands, Former Resident, 1 year ago
I have lived here for 1 year, and the property maintenance is superb. The units are well furnished and the specifications of the materials are sustainable. Nice facilities and suitable for families. Every unit comes with a fully equipped kitchen. This developer pays serious attention to the overall cleanness and management. Ideal for long stay.
I had a wonderful holiday staying here
4.7 Celestina P., Brazil, 3 years ago
I had the chance to stay here last new year. I'm impressed with the room, which is so spacious with nice mountain and sea views. In the room, the electrical appliances include a TV, fridge, and microwave. Also, there are various restaurants in the project. My favorite one is Blue Mango, where they serve both Thai and international dishes. I would say that every dish that I had was so great. Now it has become my favorite restaurant so far. There is a large swimming pool in the common area where I usually sit and chill. It's not difficult to get anywhere from where I stayed. It takes only 10 mins to Patong Beach, where you can find many restaurants and malls. It's convenient. In the evening, we often walked to Bangla Road. You'll find pubs and bars along the road. I can say that it was an enjoyable night. Unfortunately, I came during the New Year season, making it a bit crowded, so the service to be somewhat delayed, but it's understandable. The staff here are professional. I was so impressed.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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