Unit ID: U671850
9% Rental Yield
Sakhu, Thalang,Phuket
฿2,100,000 Great Price
1 Bedroom
1
Bathroom
28 SqM
Size
1
Floor
Oct 2015
Completed

About This Condo

This property is a 28 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Happy Place Condo project in Sakhu, Phuket and was completed in Oct 2015. You can buy this condo for a base price of ฿2,100,000 (฿75,000/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 16, 2021
Updated 3 years ago
Property Type Condo
Floor 1
Bedroom 1
Size 28 SqM
Price per SqM ฿75,000
Pets Not Allowed
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%.

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.
฿1,120/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U671850

Price Analysis

Great Price
Estimated market value ฿3,642,503
Great
฿2,350,000
Good
Fair
Above
฿4,200,000
Current asking Price: ฿2,100,000 | Rental estimate: ฿14,900/mo
This condo is ฿1,542,503 BELOW MARKET (-42%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,100,000
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.
฿1,120/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.
12
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Happy Place Condo, and the current sales price.
9%

Project Details

Project Name: Happy Place Condo
Developer: N/A
Construction: Completed (Oct 2015)
Floors: 7
Buildings: N/A
Units: 147
Project Area: N/A
Nearest Landmark Nai Yang Beach - 1.3 Km
Location: Sakhu, Phuket
Happy Place Condo Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Happy Place Condo

For Sale 4 For Rent 5
Get notified when new homes are being added to Happy Place Condo
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Happy Place Condo 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,120 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 Happy Place Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Nai Yang Beach is the nearest Beach from Happy Place Condo and it is 1.3 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 Happy Place Condo 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

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New and clean
Richard Tan, Malaysia, 4 years ago
Happy Place Condo is a nice new and clean project, with ample parking. And most importantly, it is close to Phuket airport. The neighborhood of the project is quiet, suitable for residents who live here. It is not recommended for tourists because it is far from all amenities such as restaurants, shops, and nightlife. You have to drive for about 5-10 minutes.
It is a perfect place to stay.
Kim Shang, China, 5 years ago
It is a perfect place to stay. My husband and I chose to stay at this place because it's close to the airport and Nai Yang Beach. It's a quiet location. The project is great with clean common areas. The staff is cheerful and speaks excellent English. The swimming pool is also nice with a jacuzzi, overlooking fantastic sea and mountain views. The atmosphere is good. The room that my husband and I stayed in is a 1-bedroom with a 30 sq.m. All furniture sets provided are quality, including a fridge, microwave, electric stove, where we can easily enjoy cooking. Unfortunately, the balcony is a bit small. However, everything looks alright, and we highly recommend this place.
Phuket
Sakhu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Happy Place Condo

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Sakhu, Thalang, Phuket
Number of units
79
Sales Prices
฿1.9M - ฿2.65M
Monthly Rentals
฿15K - ฿28K
Year Built
Dec 2014
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
17
Sales Prices
฿3M - ฿5.49M
Monthly Rentals
฿25K - ฿35K
Year Built
Dec 2009
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
513
Sales Prices
฿2.82M - ฿8.64M
▼ -19% underpriced
Monthly Rentals
฿20K - ฿30K
Year Built
Jun 2017
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
N/A
Sales Prices
฿3.67M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
814
Sales Prices
฿2.8M - ฿8.29M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Sakhu, Thalang, Phuket
Number of units
11
Sales Prices
฿26M
Monthly Rentals
N/A
Year Built
Jul 2025
Completion Status
Off Plan
Location
Sakhu, Thalang, Phuket
Number of units
N/A
Sales Prices
฿8.49M
Monthly Rentals
N/A
Year Built
Sep 2009
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
215
Sales Prices
฿1.6M - ฿2.85M
▼ -2% underpriced
Monthly Rentals
฿7.99K - ฿20K
Year Built
Mar 2022
Completion Status
Completed
Location
Sakhu, Thalang, Phuket
Number of units
12
Sales Prices
฿18M - ฿21.3M
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Off Plan
Location
Sakhu, Thalang, Phuket
Number of units
472
Sales Prices
฿3.1M - ฿9.09M
▲ 1.5% overpriced
Monthly Rentals
฿18K - ฿54.9K
Year Built
Nov 2019
Completion Status
Completed
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