Unit ID: U5347080
7% Rental Yield
Choeng Thale, Thalang,Phuket
฿5,350,000
1 Bedroom
1
Bathroom
38 SqM
Size
6
Floor
May 2026
Completed

About This Penthouse

This property is a 38 SqM penthouse with 1 bedroom and 1 bathroom that is available for sale. It is part of the Above Element project in Choeng Thale, Phuket and it is scheduled for completion in May 2026. You can buy this penthouse for a base price of ฿5,350,000 (฿140,789/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Above Element is a mixed-use project located in BangTao

This property is a 38 SqM condo with 1 bedroom and 1 bathroom, 6th floor corner unit that is available for sale. It is part of the project in BangTao, Phuket and will be built within 12 months of purchase.

Features

Ocean AccessOcean Access Private PoolPrivate Pool Pool AccessPool Access Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave TVTV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Apr 1, 2025
Updated 1 week ago
Property Type Penthouse
Floor 6
Bedroom 1
Size 38 SqM
Price per SqM ฿140,789
Pets Not Allowed
Penthouse Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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, Park View, Pool View, Unblocked Open View, Sky, Horizon View
Unit Type N/A
Building Building 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.
฿3,040/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U5347080

Investment Opportunity: Charges & Yield

Sale Price
฿5,350,000
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.
฿3,040/mo
Rent
฿30,000/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
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Above Element
Developer: Art House Group
Construction: Completed (May 2026)
Floors: 7
Buildings: 3
Units: 263
Project Area: N/A
Nearest Landmark: Bang Tao Beach - 2 Km
Location: Choeng Thale, Phuket
Above Element Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Lounge Lounge
Kids Club Kids Club
Shuttle Bus Shuttle Bus

Popular Facilities at Above Element

  • Communal Pool
    1st Floor
  • Clubhouse
    1st Floor
  • Reception / Lobby Area
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor
  • Communal Garden Area
    1st Floor

Available Units at Above Element

For Sale 79 For Rent 1
Updated 1 week ago
Available Units at Above Element
฿5,350,000
฿140,789/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Updated 1 month ago
Available Units at Above Element
฿5,850,000
฿153,947/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 7 Floor
Leasehold Fully Furnished Park View
Available Units at Above Element
฿37,000,000
฿74,747/SqM
Beds 3 Beds
Baths 4 Baths
Size 495 SqM Size
Plot Size 513 SqM Plot Size
Fully Furnished Mountain View
Updated 1 month ago
Available Units at Above Element
฿6,550,000
฿139,362/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Updated 6 days ago
Available Units at Above Element
฿10,599,000฿12,400,000
฿139,461/SqM
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Above Element
฿3,990,000
฿99,600/SqM
Beds Studio Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Sea View
Available Units at Above Element
฿6,550,000
฿139,362/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Available Units at Above Element
฿11,800,000
฿155,263/SqM
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Golf Course View
Available Units at Above Element
฿5,790,000
฿152,368/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 3 Floor
Foreign Quota City View
Available Units at Above Element
฿19,712,000
฿142,841/SqM
Beds 3 Beds
Baths 2 Baths
Size 138 SqM Size
Floor 2 Floor
Foreign Quota Garden View
Available Units at Above Element
฿38,992,000
฿105,384/SqM
Beds 3 Beds
Baths 3 Baths
Size 370 SqM Size
Plot Size 441 SqM Plot Size
Mountain View
Available Units at Above Element
฿38,992,000
฿105,384/SqM
Beds 3 Beds
Baths 3 Baths
Size 370 SqM Size
Plot Size 441 SqM Plot Size
Mountain View
Available Units at Above Element
฿5,000,000
฿131,579/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 6 Floor
Leasehold Fully Furnished Mountain View
Updated 6 days ago
Available Units at Above Element
฿4,950,000฿5,800,000
฿130,263/SqM
Beds 1 Beds
Baths 2 Baths
Size 38 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Mountain View
Available Units at Above Element
฿9,800,000
฿128,947/SqM
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 3 Floor
Leasehold Fully Furnished
Available Units at Above Element
฿6,550,000
฿139,362/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 4 Floor
Leasehold Fully Furnished
Available Units at Above Element
฿5,999,999
฿127,660/SqM
Beds 1 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Available Units at Above Element
฿9,933,000
฿130,697/SqM
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Golf Course View
Available Units at Above Element
฿5,540,000
฿145,789/SqM
Beds Studio Beds
Baths 1 Baths
Size 38 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished
Updated 1 month ago
Available Units at Above Element
฿5,300,000
฿139,474/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Mountain View
Available Units at Above Element
฿5,200,000
฿136,842/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 2 Floor
Leasehold Fully Furnished City View
Available Units at Above Element
฿6,800,000
฿144,681/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Park View
Available Units at Above Element
฿5,740,000
฿151,053/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 2 Floor
Foreign Quota City View
Available Units at Above Element
฿19,762,000
฿143,203/SqM
Beds 3 Beds
Baths 2 Baths
Size 138 SqM Size
Floor 3 Floor
Foreign Quota City View
Available Units at Above Element
฿5,740,000
฿151,053/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 2 Floor
Foreign Quota City View
Available Units at Above Element
฿6,800,000
฿144,681/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 5 Floor
Leasehold Fully Furnished City View
Updated 2 months ago
Available Units at Above Element
฿11,400,000
฿150,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Available Units at Above Element
฿5,740,000
฿151,053/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 2 Floor
Foreign Quota City View
Available Units at Above Element
฿5,740,000
฿151,053/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 2 Floor
Foreign Quota City View
Available Units at Above Element
฿5,840,000
฿153,684/SqM
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 4 Floor
Foreign Quota City View
Get notified when new homes are being added to Above Element
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Frequently Asked Questions

No pets are allowed at Above Element 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 ฿3,040 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 Above Element the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Bang Tao Beach is the nearest Beach from Above Element and it is 2 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.

After you have found the right property at Above Element 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
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
Land plot preparation and Constrcution Start
10%
3rd Installment
t Completion of Structure
15%
4th Installment
t Completion of window and partition
15%
5th Installment
onpletion of flooring and Buitin furniture
15%
6th Installment
On handover
10%

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.

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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Above Element

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Sales Prices
Monthly Rentals
Year Built
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Project Name
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Project Name
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Location
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Number of units
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Sales Prices
฿16.9M - ฿46M
▲ 17% overpriced
Monthly Rentals
฿140K - ฿250K
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Location
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Number of units
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฿3.45M - ฿8.79M
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Completion Status
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Number of units
33
Sales Prices
฿40M - ฿43M
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N/A
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Choeng Thale, Thalang, Phuket
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฿35.9M - ฿49.9M
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Sales Prices
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Choeng Thale, Thalang, Phuket
Number of units
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฿3.81M - ฿15.4M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
27
Sales Prices
฿36.1M - ฿72.1M
Monthly Rentals
N/A
Year Built
Feb 2027
Completion Status
Off Plan
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