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    2 Bedroom Condo for sale at Sugar Palm Residence
    Talat Nuea, Phuket Town,Phuket
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    Sale Price
    ฿9,000,000 ฿9,800,000
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    2 Bedroom Condo for sale at Sugar Palm Residence
    (1 Review)
    Unit ID: U1406736
    9% Rental Yield
    Talat Nuea, Phuket Town,Phuket
    ฿9,000,000 ฿9,800,000
    2 Bedrooms
    2
    Bathrooms
    100 SqM
    Size
    10
    Floor
    Apr 2014
    Completed
    20
    Sale Price
    ฿9,000,000
    ฿9,800,000

    About This Condo

    This property is a 100 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Sugar Palm Residence project in Talat Nuea, Phuket and was completed in Apr 2014. You can buy this condo for a base price of ฿9,000,000 (฿90,000/SqM).

    360 Degree Sea View and Mountain View in Phuket Town

    Luxurious 2 Bedroom, 2 Bathroom Condo with Park Views, available for sale. This Condo is situated on the 10th floor of a well-managed building, providing a comfortable living space for up to 4 individuals. It boasts two balconies and offers the finest unit in the entire building—a desirable corner unit with stunning views of the lake, park, and ocean. With high ceilings measuring 2.70 meters in both the unit and the hallway, this condo offers a spacious and airy atmosphere. The living room and kitchen feature elegant marble flooring, adding a touch of sophistication to the interior. From the condo, you can enjoy an uninterrupted view of the vast 300 rai Phuket Suanluang Park, as it is the only building with direct and secure access to this beautiful green space. Included with the purchase is a private indoor car parking space, ensuring convenience and safety. Residents can take advantage of the extensive amenities provided, such as a washing machine room, a very large 40-meter pool, and a well-equipped gym. The location is ideal, with Central shopping centers just a 6-minute drive away, and various beaches reachable within 15-25 minutes. The condo is newly furnished and tastefully decorated, offering a turnkey solution for buyers. All rooms are equipped with air conditioning and hot water supply. As a foreigner, you can enjoy the benefits of a freehold title, making this Condo an excellent investment opportunity. Don't miss the chance to own this exceptional property in a prime location.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave OvenOven

    Basic Information

    Date Listed May 11, 2023
    Updated 4 months ago
    Property Type Condo
    Floor 10
    Bedrooms 2
    Size 100 SqM
    Price per SqM ฿90,000
    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%.

    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) River or Canal View, Mountain View, City View, Unblocked Open 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.
    ฿3,200/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1406736

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿9,000,000
    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.
    ฿3,200/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.
    11
    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 2 bedroom condos at Sugar Palm Residence, and the current sales price.
    9%

    Project Details

    Project Name: Sugar Palm Residence
    Developer: N/A
    Construction: Completed (Apr 2014)
    Floors: 11
    Buildings: N/A
    Units: 270
    Project Area: N/A
    Nearest Landmark Central Festival Phuket - 1.9 Km
    Location: Talat Nuea, Phuket
    Sugar Palm Residence Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Sugar Palm Residence

    For Sale 5 For Rent 6
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Sugar Palm Residence
    View All (5)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Sugar Palm Residence 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 ฿32 per square meter based on the size of indoor area of the property and is ฿3,200 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.
    Central Festival Phuket is the nearest Shopping Mall from Sugar Palm Residence and it is 1.9 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 Sugar Palm Residence 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    One of the most worthwhile accommodations ever.
    James Simon, United Kingdom, 5 years ago
    I just checked out from the project yesterday, so I would like to review the place here. It is considered an excellent accommodation in terms of location. Conveniently located in the center of the city, food is easy to find, and pleasant atmosphere. Close to Phuket Chaloem Phrakiat Park for relaxation and famous department stores such as Central Floresta, Central Festival Phuket, and Chaofa Variety Market, and many others. The project’s common area and bedrooms are clean. The infinity pool is beautiful, and inviting to swim in. As for the room, I chose to stay in a 1-bedroom unit, the room size is large, not cramped, and fully furnished. Shame that the sofa is way too small and uncomfortable. Overall, it is suitable for the rental price. It is considered to be one of the most worthwhile accommodations ever.
    Phuket
    Talat Nuea

    Neighborhood Overview

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