2 Bedroom Condo for sale at Karon Hill Residence

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Karon, Phuket Town,Phuket

Unit ID: U1695542

9% Rental Yield

2 Bedrooms

2 Bathrooms

162 SqM Size

3 Floor

Jul 2013 Completed

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Sale Price

฿11,000,000

About This Condo

This property is a 162 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Karon Hill Residence project in Karon, Phuket and was completed in Jul 2013. You can buy this condo for a base price of ฿11,000,000 (฿67,901/SqM).

Spacious 2-bedroom sea view apartment 700 m from Karon Beach

Spacious apartment with 2 bedrooms 162 sq.m. Suitable for couples or families with children. The apartment has all the necessary furniture and household appliances. The apartment also has parquet flooring and panoramic windows, making it even more spacious. The kitchen area is combined with the living area - it has its own exit to the terrace. Two separate bedrooms with individual bathrooms and separate exits to the terrace. The apartment has been freshly renovated. The apartment has never been rented out.The modern residential complex Karon Hill Residence is located 700 meters from Karon Beach. There are 156 apartments in three 7-story buildings.The condominium has 3 swimming pools, a garden, and laundry facilities. For the residents of the complex to keep fit, the complex has a gym and a sauna. There is a playground for children.The condominium is located in a busy area with shops, restaurants, cafes, bars, and mini-markets on Karon Beach. Just a 15-minute drive from Patong Beach with shopping malls, restaurants, and vibrant nightlife. On the complex territory:

reception
3 swimming pools
garden
sauna
Gym
bar
laundry
playground
parking
secured area 24 hours / CCTV

Features

Balcony

Full Western Kitchen

Bathtub

Washing Machine

Microwave

Oven

Basic Information

Date Listed Aug 14, 2024

Updated 1 month ago

Property Type Condo

Floor 3

Bedrooms 2

Size 162 SqM

Price per SqM ฿67,901

Pets Not Allowed

Condo Ownership

Foreign Quota

Furniture

Fully Furnished

View(s) Sea View, Pool View

Unit Type N/A

Building N/A

CAM Fee

฿7,938/mo

Listed By

Agent / Partner

Electricity Price N/A

Water Price N/A

Unit ID U1695542

Investment Opportunity: Charges & Yield

Sale Price

฿11,000,000

CAM Fee

฿7,938/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Karon Hill Residence

Developer: N/A

Construction: Completed (Jul 2013)

Floors: 7

Buildings: N/A

Units: 156

Project Area: N/A

Nearest Landmark Karon Beach - 0.6 Km

Location: Karon, Phuket

Karon Hill Residence Project Details

Project Features

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Sauna

Reception / Lobby Area

Available Units at Karon Hill Residence

For Sale 3 For Rent 1

All
1 Bed
2 Beds

Foreign Quota Fully Furnished Sea View

Leasehold Fully Furnished Sea View

Leasehold Fully Furnished Garden View

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Frequently Asked Questions

No pets are allowed at Karon Hill 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 ฿49 per square meter based on the size of indoor area of the property and is ฿7,938 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 Karon Hill Residence the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.

Karon Beach is the nearest Beach from Karon Hill Residence and it is 0.6 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.