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ID: 1.6685

Spacious three-bedroom apartment in Phuket, Bang Tao area

Location
Phuket
Area
218m2
Number of bedrooms
3
meters to the sea
500
Updated on
20.02.2024
Swimming pool
Yes
Management company services
Yes
Price
651 000 €
Price per sq.m.
2986 €

Spacious three-bedroom apartments from 218 to 302 sq.m. with a private pool, terrace, BBQ area in each room. Well-thought-out infrastructure of the AR City complex for a wide range of interests of residents of different groups and ages. Early stage of construction, unique price per square meter for this type of property, various investment scenarios.

Completion date: 4th quarter of 2026.

Minimum entry price (3 bedrooms 218.2 sq.m. in Leasehold) - $866,779.

Estimated rental yield is $66,300 with a calm scenario and 65% occupancy. Annual rental return on investment is 7%.

Payback – 7 years, taking into account the increase in value by the end of delivery, capitalization of 4.9% per year and rental yield.

Installment options: first payment 35%, installments for 3 years (10%, 15%, 15%, 15%, 10%).

The layouts of the apartments are similar, but each is essentially unique and differs in size and shape of the pools, which allows you to choose your own unique dream residence, or ideally invest wisely in the project, because the expected price increase in this area will exceed 50%.

The largest apartments with private pools and large terraces will be located on the ground floor, and their cost currently ranges from 25,104,500 baht.

Additional expenses:

  • Fully furnished: 3,500,000 baht
  • Only built-in furniture: 1,500,000 baht
  • Monthly maintenance fee - 50 baht per m2
  • Leasehold registration fee - 1.1% paid 50/50 by the developer and the buyer
  • Freehold registration fee - 6.3% paid 50/50 by the developer and the buyer
  • Sinking fund - 500 baht per m2 ;
  • Installation of meters - 25,000 baht
  • Freehold quota : 700,000 baht
  • A 10% discount is also available for 100% payment
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