Unit ID: U77831
Wichit, Phuket Town,Phuket
฿11,000,000 ฿12,250,000 Great Price
4 Bedrooms
3
Bathrooms
170 SqM
Size
Dec 2013
Completed

About This Penthouse

This property is a 170 SqM penthouse with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Living Residence Phuket project in Wichit, Phuket and was completed in Dec 2013. You can buy this penthouse for a base price of ฿11,000,000 (฿64,706/SqM).

Live the Enviable Life with a Luxurious Penthouse in Phuket!

Do you want to live the luxurious lifestyle that all your friends envy? Do you want to be part of an exclusive community within the idyllic and stunning beauty of Thailand? Are you in search for an opulent penthouse by the sea? Look no further! We have an exquisite 4 bedroom, 3 bathroom penthouse, part of the Living Residence Phuket project, set in the sunny and picturesque island of Wichit in Phuket, ready for you to add to your portfolio. Constructed as recently as 2013, this 170 SqM property is the perfect place to call 'home.' With a price tag of only ฿11,000,000 (that is just ฿64,706/SqM!), it is not only the opportunity of a life time but the perfect investment that will give you the highest returns and the lifetime of luxury that follows. Dazzle your friends with the postcard-ready atmosphere, or buy yourself the serenity and tranquility that this majestic island offers. Add to that, the tremendous features and lifestyle that this breathtaking penthouse gives you. The kind of lifestyle and views that it is bound to make your time here luxurious and secure. You can never go wrong with this penthouse. Come now and grab this extraordinary opportunity to be part of a first-class luxurious living and be featured in everyone's Instagram stories! So don't be a wallflower anymore, inquire now and take a tour of this amazing property!

Features

BalconyBalcony

Basic Information

Date Listed Jun 20, 2018
Updated 3 years ago
Property Type Penthouse
Floor N/A
Bedrooms 4
Size 170 SqM
Price per SqM ฿64,706
Pets Not Allowed
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%.

Company
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) Mountain View, Park View, Garden 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.
฿8,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U77831

Price Analysis

Great Price
Estimated market value ฿15,197,027
Great
฿19,300,000
Good
Fair
Above
฿19,300,000
Current asking Price: ฿11,000,000
This penthouse is ฿4,197,027 BELOW MARKET (-28%) in the Phuket area. It is analyzed against similar penthouses 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
฿11,000,000
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.
฿8,500/mo

Project Details

Project Name: Living Residence Phuket
Developer: N/A
Construction: Completed (Dec 2013)
Floors: 6
Buildings: N/A
Units: 19
Project Area: N/A
Nearest Landmark Central Floresta - 2.4 Km
Location: Wichit, Phuket
Living Residence Phuket Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Living Residence Phuket

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Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿8,500 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 Living Residence Phuket the required payment for the sinking fund is ฿5 per square meter based on the size of the indoor area of the property.
Central Floresta is the nearest Shopping Mall from Living Residence Phuket and it is 2.4 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 Living Residence Phuket 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

3.7 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Convenient transportation near Central Phuket
Mozelle Avina, France, 4 years ago
Located in a convenient area for shopping, close to Central Phuket. Many routes are easily accessible and very convenient for traveling. The project site is pleasant, with a beautiful swimming pool. The surrounding is a tranquil and excellent security system. The furniture in the room is standardized, not luxurious, focusing on simple style and usable. It's considered to match the residents' needs like me perfectly.
Nice property, near the park
Wasinon R., Thailand, 4 years ago
A good place to stay if you are a person who loves to exercise. The project is only a few hundred meters away from the park. Also, it is near the local community. There is a fresh market, restaurants, and shops, and Family Mart in front of the alley. The atmosphere is quiet. Easy to travel to Kathu or Phuket Town. My room is a 1-bed unit for monthly rental. It is a big room, but not in a new condition. Some of the furniture is a bit old. There is a parking lot and a lovely pool to relax in during your leisure time. The staff is friendly. Feel comfortable here! ^^
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Living Residence Phuket

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
Project Name
Eva Town
Location
Wichit, Phuket Town, Phuket
Number of units
72
Sales Prices
฿4.69M - ฿6.6M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Project Name
Villa Daorung
Location
Wichit, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿3.09M - ฿5.5M
Monthly Rentals
฿14K
Year Built
Jun 2020
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
708
Sales Prices
฿6.3M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Chaofa Dowroong
Location
Talat Nuea, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿3.09M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
699
Sales Prices
฿3.7M - ฿8.65M
▼ -24% underpriced
Monthly Rentals
฿20K - ฿52K
Year Built
Jan 2014
Completion Status
Completed
Project Name
The Future Condo
Location
Wichit, Phuket Town, Phuket
Number of units
123
Sales Prices
฿1.75M - ฿1.79M
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Location
Talat Nuea, Phuket Town, Phuket
Number of units
1298
Sales Prices
฿2.75M
Monthly Rentals
N/A
Year Built
Nov 2006
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
572
Sales Prices
฿2.7M - ฿9M
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
884
Sales Prices
฿1.65M - ฿2.75M
▼ -35% underpriced
Monthly Rentals
฿12K - ฿16K
Year Built
Dec 2014
Completion Status
Completed
Project Name
The Light
Location
Talat Nuea, Phuket Town, Phuket
Number of units
185
Sales Prices
฿1.69M - ฿4.95M
Monthly Rentals
฿15K - ฿25K
Year Built
Dec 2013
Completion Status
Completed
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