1 Bedroom Condo for sale at Above Element

 (Write Review)
Choeng Thale, Thalang,Phuket
Unit ID: U1821696
1 Bedroom
1 Bathroom
47 SqM Size
2 Floor
12 Months Made To Order

About This Condo

This property is a 47 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Above Element project in Choeng Thale, Phuket and will be built within 12 months of purchase. You can buy this condo for a base price of ฿7,350,000 (฿156,383/SqM).

Gorgeous Above Element Apartment for sale. Directly from the Owner! 47 SQ.M. of perfectly designed living space, Type 1B, 2nd Floor, Mountain View. Above Element is an exciting new residential project located near the captivating Bangtao Beach in Phuket. Designed with genuine comfort in mind, this development offers an unparalleled living experience in the heart of a tropical paradise. Above Element Condo comprises two buildings, each standing tall with seven floors. The development offers an array of excellent amenities and facilities to enhance the living experience. The complex will include: - Dynamic Club - a state-of-the-art fitness and sports facility - Mirage Restaurant - the second branch of the famous Restaurant in Phuket - Children’s Play-Club - a safe and entertaining space for kids to enjoy. - Multi-Function Library - a modern space with creative studios, areas for watching movies and master classes, co-working space. - Rooftop Garden with Photo zones and Coctail bars - Infinity Pool - Shuttle Bus runs Daily to the Supermarket, Water Park and the beach. Bangtao Beach, the nearest shoreline, boasts an impressive 6-kilometer stretch, making it the longest beach in Phuket. Known for its natural splendor and tranquil ambiance, this beach offers a serene environment to relax and unwind. Moreover, it is home to popular beach clubs and restaurants, allowing residents to experience the vibrant beach culture. What’s around? - Boat Avenue - 5 Minutes drive - Porto de Phuket - 5 Minutes drive - Bang Tao Beach - 10 Minutes drive - Golf Club - 10 Minutes drive - Water Park - 15 Minutes drive Completion Date - Q3 2025.

Features

BalconyBalcony TVTV

Basic Information

Date Listed May 9, 2024
Updated 1 week ago
Property Type Condo
Floor 2
Bedroom 1
Size 47 SqM
Price per SqM ฿156,383
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) Pool View
Unit Type N/A
Building Building B
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.
฿3,760/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1821696

Investment Opportunity: Charges & Yield

Sale Price
฿7,350,000
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.
฿3,760/mo

Project Details

Project Name: Above Element
Developer: Art House Group
Construction: Made To Order (12 Months)
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

Get notified when new homes are being added to Above Element
View All (11)

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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 ฿3,760 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 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, 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%

Read more here

This option has surged in popularity in recent years. We offer immersive online tours for a wide range of properties, allowing you to explore them from the comfort of your home. Our seasoned team can also arrange personalized video tours. When you're ready to proceed with your purchase, we can seamlessly guide you through the entire property transfer process, and if needed, recommend a trusted lawyer to handle the transaction on your behalf, even if you're not physically present.

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
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FazWaz Estimate : ฿179,999
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Price Rating : Fair Price

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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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