1 Bedroom Condo for sale at Ocean View Treasure Hotel and Residence

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Patong, Kathu,Phuket
Unit ID: U1714224
1 Bedroom
1 Bathroom
51 SqM Size
7 Floor
Jan 2017 Completed

About This Condo

This property is a 51 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Ocean View Treasure Hotel and Residence project in Patong, Phuket and was completed in Jan 2017. You can buy this condo for a base price of ฿7,500,000 (฿147,059/SqM).

𝗔𝗟𝗟 𝗡𝗘𝗪 𝗥𝗘𝗡𝗢𝗩𝗔𝗧𝗘𝗗 𝗔𝟭𝟴 𝗥𝗢𝗢𝗠

This better new former model room has been recently renovated and is MOVE-IN READY Great layout with 1 Bedroom + 1 Bathroom with a bathtub with a PRIVATE ROOFTOP with a panorama of the Andaman Sea. You will love the updates including a brand new kitchen with new appliances, a new model air-conditioner, new interior paint, and a refinished private rooftop. 
  • Oceanview Treasure Hotel & Residence is a delightful Patong Accommodation. This Lovely Phuket Property is perfectly situated on the quieter side of Patong with the best of liveliest attractions nearby. Showcasing two individual eight-story buildings next to the grand pool and garden area.
  • Note: This room is for freehold only and please make an appointment in advance.

Features

Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2024) Renovated KitchenRenovated Kitchen (2024) Renovated BathroomRenovated Bathroom (2024)

Basic Information

Date Listed Mar 2, 2024
Updated 1 month ago
Property Type Condo
Floor 7
Bedroom 1
Size 51 SqM
Price per SqM ฿147,059
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, Thai Quota, 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) Sea View, Mountain View, Unblocked Open View
Unit Type N/A
Building Building 2
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.
฿2,550/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1714224

Investment Opportunity: Charges & Yield

Sale Price
฿7,500,000
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.
฿2,550/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.
14
Rental Yield
7%

Project Details

Developer: N/A
Construction: Completed (Jan 2017)
Floors: 7
Buildings: 2
Units: 4
Project Area: N/A
Nearest Landmark Patong Beach - 1.3 Km
Location: Patong, Phuket
Ocean View Treasure Hotel and Residence Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
Car Parking Car Parking

Available Units at Ocean View Treasure Hotel and Residence

For Sale 2 For Rent 2
Get notified when new homes are being added to Ocean View Treasure Hotel and Residence
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Frequently Asked Questions

No pets are allowed at Ocean View Treasure Hotel and Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Patong Beach is the nearest Beach from Ocean View Treasure Hotel and Residence and it is 1.3 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 Ocean View Treasure Hotel and 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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Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

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