2 Bedroom Condo for sale at Patong Loft

(1 Review)
Patong, Kathu,Phuket
Unit ID: U1988054
9% Rental Yield
2 Bedrooms
2 Bathrooms
926 Sqft Size
6 Floor
Dec 2006 Completed

About This Condo

This property is a 926 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2006. You can buy this condo for a base price of ₿1.669 (₿0.002/Sqft).

2-BEDROOM CONDOMINIUM IN PATONG BEACH

This spacious two-bedroom, two-bathroom condo is located on the 6th floor of Patong Loft. It offers a modern living room, a nice balcony, and breathing city views. The property is ideal for both investment and living, situated in one of the most vibrant and high-demand areas of Patong Beach. The building, constructed in 2009, is well-maintained and features premium amenities that ensure a comfortable and secure lifestyle. Building Features
  • Built in 2009
  • Well-maintained structure
  • Beautiful swimming pool
  • 24-hour security
  • CCTV security system
  • Huge parking area
Property Details
  • Location: Patong Loft, Patong Beach
  • Proximity: Very close to the city center, less than 2 km from the beach
  • Size: 86 sqm
  • Ownership: Foreign Freehold
  • Bedrooms: 2
  • Bathrooms: 2
  • Floor: 6th floor
  • Common Area Fee: 51,600 THB per year
Investment Opportunity With its prime location, less than 2 km from Patong Beach and close to the city center, this condo is perfect for investors seeking high rental demand. It is also an excellent living space for a couple or family looking to enjoy the convenience of a well-located and vibrant neighborhood.

Basic Information

Date Listed Dec 20, 2024
Updated 1 day ago
Property Type Condo
Floor 6
Bedrooms 2
Size 926 Sqft
Price per Sqft ₿0.002
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) City View, Unblocked Open View
Unit Type N/A
Building Patong Loft
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.
₿0.001/mo
Listed By
Each listing provided by partnered agents is individually verified by BaanCoin. Partner Agents work for different brokerages or property management companies but have teamed up with BaanCoin so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1988054

Investment Opportunity: Charges & Yield

Sale Price
₿1.669
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.
₿0.001/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.
11
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at Patong Loft, and the current sales price.
9%

Project Details

Project Name: Patong Loft
Developer: Patong Loft
Construction: Completed (Dec 2006)
Floors: 7
Buildings: 1
Units: 82
Project Area: 10,764 Sqft
Nearest Landmark Patong Beach - 1.2 Km
Location: Patong, Phuket
Patong Loft Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Patong Loft

  • Communal Pool
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Patong Loft

For Sale 5 For Rent 5
Get notified when new homes are being added to Patong Loft
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Frequently Asked Questions

No pets are allowed at Patong Loft 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 €1 per square meter based on the size of indoor area of the property and is €120 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.
Patong Beach is the nearest Beach from Patong Loft and it is 1.2 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.

 

Read more here

After you have found the right property at Patong Loft 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

Reviews

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo next to the main road, private in Patong area
Ashly Belford, United States, 5 years ago
The condo next to the main road in a perfect location near Patong Center, a venue for street food and Jungceylon Mall. It's just a walking distance to Patong beach in 20 minutes. The building looks quite old from the outside, but the inside was well maintained and renovated. My room has 2 bedrooms with ensuite bathrooms and a bathtub in a master bathroom. The master bedroom is spacious enough to put a king-size bed. The kitchen comes with equipment and storage. The balcony is large enough to put a small table set for chilling in the evening. Most of my neighbors are retired foreigners. Although I live in the Patong area, the neighborhood is quiet and pleasant, with complete facilities.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patong Loft

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Patong, Kathu, Phuket
Number of units
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Sales Prices
₿0.728 - ₿1.123
▼ -1.7% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
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Number of units
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₿0.911 - ₿4.735
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Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
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Sales Prices
₿1.653 - ₿2.504
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Year Built
Jul 2019
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Completed
Location
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Number of units
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Sales Prices
₿0.728 - ₿1.912
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₿0.008 - ₿0.034
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Completion Status
Completed
Project Name
Patong Condotel
Location
Patong, Kathu, Phuket
Number of units
126
Sales Prices
₿0.531 - ₿1.275
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 1991
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
96
Sales Prices
₿0.986 - ₿3.946
▲ 2% overpriced
Monthly Rentals
₿0.009 - ₿0.028
Year Built
May 2014
Completion Status
Completed
Project Name
Andaman Hills
Location
Patong, Kathu, Phuket
Number of units
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₿3.909 - ₿5.736
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Project Name
The Deck Patong
Location
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Number of units
270
Sales Prices
₿1.275 - ₿4.553
▲ 35% overpriced
Monthly Rentals
₿0.008 - ₿0.023
Year Built
Aug 2015
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
₿0.728 - ₿2.276
Monthly Rentals
₿0.008 - ₿0.009
Year Built
Jan 2017
Completion Status
Completed
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