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    2 Bedroom Condo for sale at Royal Place
    Kathu, Kathu,Phuket
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    2 Bedroom Condo for sale at Royal Place

    (2 Reviews)
    Kathu, Kathu,Phuket
    Unit ID: U1655104
    6% Rental Yield
    2 Bedrooms
    2 Bathrooms
    44 SqM Size
    3 Floor
    Jun 2012 Completed
    (2 Reviews)
    Sale Price
    Sold
    10

    About This Condo

    This property is a 44 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Kathu, Phuket and was completed in Jun 2012. You can buy this condo for a base price of £56,900 (£1,290/SqM).

    Experience convenience and comfort in this 2 bedroom condo located in Royal Place Kathu. With a spacious 44 sqm layout, this residence offers a cozy and welcoming ambiance. Enjoy the benefits of urban living with its proximity to shopping centers, hospitals, and local markets, all just a stone's throw away. This condo presents a perfect opportunity for both comfortable living and easy access to essential amenities. Don't miss the chance to own a delightful space in the heart of Kathu.

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Aug 22, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 44 SqM
    Price per SqM £1,290
    Pets Not Allowed
    Condo 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%.

    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, 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.
    £40/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1655104

    Investment Opportunity: Charges & Yield

    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.
    £40/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.
    17
    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 Royal Place, and the current sales price.
    6%

    Project Details

    Project Name: Royal Place
    Developer: V.S. Group Co., Ltd.
    Construction: Completed (Jun 2012)
    Floors: 8
    Buildings: N/A
    Units: 478
    Project Area: N/A
    Nearest Landmark Robinson Lifestyle Thalang Phuket - 1 Km
    Location: Kathu, Phuket
    Royal Place 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
    Communal Garden Area Communal Garden Area
    Close
    YOU MISSED THAT DEAL!
    This condo was reserved by another buyer but check out these similar properties

    Available Units at Royal Place

    For Sale 11 For Rent 15
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Royal Place
    View All (11)

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    Frequently Asked Questions

    No pets are allowed at Royal Place 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 £1 per square meter based on the size of indoor area of the property and is £40 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.
    Robinson Lifestyle Thalang Phuket is the nearest Shopping Mall from Royal Place and it is 1 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 Royal Place 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

    Reviews

    4.6 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice condo in Phuket town
    Mark Simpson, Australia, 4 years ago
    Like other general condo, the project is located in the city center near QSI International School, so I can easily commute to work. The neighborhood is full of malls, restaurants, shops, and convenience stores. On my day off, I usually ride a bike to Patong Beach, which is 15 minutes away, or other beaches nearby. The room is okay, and the bedroom is proportionally divided. There is a small kitchen for an easy meal and built-in furniture. I've got a fair rental price, but that depends on the room owner as well.
    Everything is considered convenient.
    Jaratsri O., Thailand, 6 years ago
    I had stayed here two years ago before I moved back home. This year, I decided to move back to Phuket again and chose to stay at the same place, but in phase 3. Everything is considered convenient near Tesco Lotus Extra Phuket, Central Festival Phuket, Bangkok Hospital Phuket, Chillva Market, and others, making life a lot easier. But I am struggling in the traffic jam a bit; it's typical for the downtown location. The project is beautiful and decorated very nicely. There is a restaurant in the project at an affordable price. There is a swimming pool and a gym too. I don't need to worry about safety because there is staff in charge all the time. The room we rented is on the 6th floor. It's a one-bedroom unit with furniture, but there is no pan and kitchen equipment. I have to buy them myself. But it's not a big deal. Overall, it's suitable, and the rent is not very expensive.
    Phuket
    Kathu

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