SOLE MIO Condominium

(1 Review)
Choeng Thale, Thalang, Phuket
7% GUARANTEED RETURN FOR 5 YEARS
Feb 2023 Completed
7 Floors
1 Building
124 Units
12,000 SqM Project Area

Overview of SOLE MIO Condominium in Choeng Thale, Phuket

SOLE MIO Condominium is a condo and apartment project located in Choeng Thale, Phuket and was completed in Feb 2023. It has 124 units across 7 floors and was developed by Railand Property International Co., Ltd.

About SOLE MIO Condominium

SOLE MIO Condominium

Find a unique vacation experience in the world of fantasy as if adventure on the blue Andaman Sea with a new holiday accommodation style that makes you feel like a luxury cruise ship called "SOLE MIO Condominium" a resort-style condominium. It is located in the prime location of Bang Tao and close to the beautiful and quiet Bang Tao Beach, which takes only a few minutes to reach there. It also comes with various amenities such as restaurants, shops, bars, and supermarkets around the project.

SOLE MIO Condominium is modeled with a large cruise ship with a height of 5 floors. It has been stylishly designed and decorated, offering a comfortable sitting area, a modern kitchen, a luxurious bathroom, and a private balcony. Moreover, the project provides a full range of facilities, comprising a large rooftop swimming pool and a standard gym. In addition, the residents also enjoy special privileges from the SOLE MIO Condominium, offering a 7% guaranteed rental return for 15 years. It is an ideal condominium project for investment in the future and quality of living with the perfect condominium in one place.

Project Information

SOLE MIO Condominium is a 5-story low-rise condominium project developed by Railand Property International Company located in Cherngtalay, Thalang, Phuket. It consists of 124 residential units, and it is currently under construction and is expected to be completed in 2021.

Room Types and Details

- Studio (36 sq.m)
-1 Bedroom 1 Bathroom (55-60 sq.m)

Project Facilities

-Swimming Pool
-Fitness Center
-24 hours of Security System
-CCTV
-Car Parking
-Reception Hall
-On-site Restaurants
-Bar
-Sauna & Massage
-Children's Club

Directions to the Project

To get to the project by car, you can start from the Thao Thep Kasattri and Thao Si Sunthon Monument on Si Sunthon Road (4025) for about 6.9 kilometers. Continue straight on Route 4030 for another 95 meters, turn right onto Soi Cherngtalay 14 (through Diamond Condominium). Go straight ahead for about 1.8 kilometers, and you will see the SOLE MIO Condominium on the left-hand side.

Features & Amenities

  • Reception / Lobby Area at SOLE MIO Condominium
    Reception / Lobby Area
    1st Floor
  • On Site Restaurant at SOLE MIO Condominium
    On Site Restaurant
    Rooftop
  • Communal Pool at SOLE MIO Condominium
    Communal Pool
    Rooftop
  • Communal Gym at SOLE MIO Condominium
    Communal Gym
    Rooftop

Video of SOLE MIO Condominium

  • Project Overview

Available Units at SOLE MIO Condominium

Get notified when new homes are being added to SOLE MIO Condominium
View All (2)

Previous Sales (Secondary Market) at SOLE MIO Condominium

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 SOLE MIO Condominium?

Find out how much your property is worth and start your listing for free.

Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Bar
Fitness
Communal Gym
Convenience
On Site Restaurant
Car Parking
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 50%
Parking Type : Conventional
Charging Stations on Site : No
# of passenger lifts in each building : 2
# of service lift in each building : 1

Management

Common Area Management 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.
฿60/SqM
Sinking Fund :
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 SOLE MIO Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Freehold Premium :
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿300,000
Electricity Price : Government Rate
Water Price : Government Rate
Pets : Not Allowed

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
90%
2nd Installment
On handover
10%

Master Plan

Building Floor Plans

  • Reception / Lobby Area at SOLE MIO Condominium on 1st Floor
    Reception / Lobby Area
    1st Floor
  • On Site Restaurant at SOLE MIO Condominium on Rooftop
    On Site Restaurant
    Rooftop
  • Communal Pool at SOLE MIO Condominium on Rooftop
    Communal Pool
    Rooftop
  • Communal Gym at SOLE MIO Condominium on Rooftop
    Communal Gym
    Rooftop

About the Developer - Railand Property International Co., Ltd.

All Railand Property International Co., Ltd. Projects
1 Project 124 Units

Railand Property International was one of the first Russian/English real estate agencies registered in Phuket. We have been operating on Phuket real estate market since 2006. During this time, we’ve successfully carried out a large number of projects. We’ve established and strengthened cooperation with both developers and individual property owners. Having closed dozens of deals, we’ve gained invaluable experience of interaction with the legal system of the Kingdom of Thailand.

Frequently Asked Questions

Frequently asked questions about SOLE MIO Condominium
No pets are allowed at SOLE MIO 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 at SOLE MIO Condominium is ฿60 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 SOLE MIO Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
SOLE MIO Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Bang Tao Beach is the nearest Beach from SOLE MIO Condominium 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 SOLE MIO Condominium 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
฿100,000
1st Installment
Upon contract signing
90%
2nd Installment
On handover
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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Cruise Ship Condominium
Raquel Roher, France, 4 years ago
It made me very interested in the Sole Mio condominium with a novel design because the construction building is similar to a cruise ship. Also, this project is still under construction. I have made inquiries and have visited the sale gallery, which makes me interested in booking this project. The staff gives very good consulting and information. The project also has a full range of facilities such as a swimming pool, a fitness room, a bar, and an on-site restaurant. Besides, it is close to many natural attractions such as Bangtao Beach, Surin Beach, and nearby Beach Clubs like Catch Beach Club and Lux ​​Beach Phuket in this prime location. I am not disappointed to have one of the rooms to own. Besides, The Sole Mio Condominium has special privileges to the investors, such as a 7% guaranteed rental return for 15 years; it's very worthwhile for future investments. This condominium project is more than a real accommodation.
Phuket
Choeng Thale
Neighborhood Overview of Choeng Thale, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

SOLE MIO Condominium is conveniently located just 60 m from FamilyMart, which can be reached within 1 min. by foot.

There are many other shops situated in the area of SOLE MIO Condominium, the 3 closest being:
- Tara Leathet is 1.2 km away (an approx. drive of 3 mins.)
- HERBAL PARADISE Co., Ltd is 1.4 km away (an approx. drive of 4 mins.)
- HERBAL PARADISE.CO.,LTD is 2.0 km away (an approx. drive of 6 mins.)

The surrounding area, where SOLE MIO Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
- Tasty restaurant is 70 m away (a walk of about 1 min.)
- Pine Tree is 90 m away (a walk of about 1 min.)
- Restaurant at the hotel is 50 m away (a walk of about 1 min.)

Kowit Clinic Choeng Thale - Bang Tao Branch Kowit clinic Bang tao Branch is the nearest health facility, which is 2.3 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of SOLE MIO Condominium are:
- Bang Tao Muay Thai Training Hd is 3.4 km away (an approx. drive of 8 mins.)
- Screwdriver is 1.4 km away (an approx. drive of 4 mins.)
- Meeting of Group NA "Sabai-Sabai" is 2.1 km away (an approx. drive of 5 mins.)

Phuket International Airport is located 21.0 km from SOLE MIO Condominium and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.

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