A-Z New Condominiums in Phuket — new developments 2016-2020
What is condominium
Condominium is a residential complex with a common territory, infrastructure and a special license. Apartments in the condominium are allowed to issue in the property of foreign citizens. Condominiums are the most common type of housing that is acquired by foreign foreingers in Thailand.
The purpose of buying apartments in a condominium
The main purpose of buying apartments in a condominium in Phuket is an investment. A condominium license in the future allows management companies to obtain a hotel license. This in turn makes it possible to lease the apartment of owners in the daily rent and make a profit.
Choice of condominiums in Phuket
For the period 2018-2019, the choice of condominiums in Phuket is represented by 40-50 new projects from diffrent developers. This is about 6-7 thousand apartments. Such a choice for a potential buyer entails some difficulties.
The difficulty of choosing a property in Phuket
The main difficulties of choosing an apartment in Phuket are expressed mainly by the lack of information about the projects. In most cases, the buyer is not able to evaluate the offers offered by the real estate agency.For a sober assessment of investment housing, it is necessary to understand the difference in location, to understand the difference in the cost of land, the situation with infrastructure and the prospect of the area.
Lack of a single database of all projects
Agencies select investment property individually by the request of the client. On the one hand, the agent will be interested in offering the best option for the client, on the other hand, the agency receives commissions from the developer. Developers can influence the proposals advertised by agencies, the conditions and commissions that they pay for the promotion of their objects.
Misunderstanding of location
The difference in the price of land in different areas of the island can be tenfold. Plots of the same size, but with different distances from the beach, or the infrastructure of the district can cost as much as 5 million and 150 million baht. At the same time, the cost per square meter of an apartment in projects with different locations will be around 80-100 thousand baht per square meter.
Misunderstanding of infrastructure and prospects
Infrastructure of Phuket is actively developing and changing. To understand the prospect of the district, you have to know information about both existing and future projects. These may be competing projects that will affect the occupancy and rental income of the selected condominium. Either projects such as shopping centers, new restaurants, entertainment complexes (water park, kids park, etc.) that will increase the interest in the district and the demand for housing.
All Phuket condominiums from A to Z
The list of condominiums listed below is actually a list of competitors for the project VIP KATA Condominium by Phuket9 company. The purpose of the list is to allow potential buyers to increase their understanding of the Phuket real estate market. If desired, contact the developers for more information. Compare projects in different locations at the initial price for an apartment, the program of guaranteed income, the dates of the proposed construction and commissioning.
How to use the list of condominiums
This list will allow you to pre-select interesting object and to request information and advice from agents of real estate on the island.
Please scroll table to the right to see more information, such as prices, EIA approvals, projects website URL and developers contact information.
|wdt_ID||Project name||Area||To beach||Start||End||EIA||Units||Buildings||Prices THB||Income||Rental Term||Website||Phone||Developer||Other|
|1||Citygate||Kamala||600||2015||2018||Yes||388||5||3.500.000||7||5||http://firstname.lastname@example.org||+66-76-385-663||Citygate Exclusive Development Co., Ltd|
|4||Calypso Garden Residences||Naiharn||900||2018||2020||86||1||3.450.000||7||3||http://email@example.com||+66-91-034-4004||EVG Group Development Co., ltd|
|5||The Peaks Residence||Kata Noi||300||2017||2020||416||23||5.400.000||8||3||http://firstname.lastname@example.org||+66-76-600-029||Ocean Group Asia|
|6||ReLife The Windy||Naiharn||800||2017||2019||120||1||3.500.000||7||3||http://email@example.com||+66-85-5706754||Re Life Co., LTD|
|7||Aristo Karon||Karon||1.000||2017||2019||Yes||301||15||2.800.000||8||3||http://firstname.lastname@example.org||Rinthara development Co., LTD|
|8||Aristo Patong||Patong||1.000||2017||2018||Yes||122||18||3.980.000||http://email@example.com||Rinthara development Co., LTD|
|9||Phuket Encore The Residence||Karon||800||2017||2020||360||5||3.800.000||8||3||http://firstname.lastname@example.org||+66-95-429-2934||Chalong Concrete Group of companies|
|10||Coco Sea Naiharn||Naiharn||800||2016||2020||376||12||5.300.000||6||15||https://email@example.com||Con-F Development Co., Ltd|
The information is gathered from open sources. Perhaps the free use of this information with reference to the site. If you found any mistake or missed data and would like to update this list, please send information to the following email: firstname.lastname@example.org
Information about the purchase or cooperation with the project VIP KATA Condominium by Phuket9 company you can request by contacting the sales department directly.