Studio Condo for sale at SOLE MIO Condominium

(1 Review)
Choeng Thale, Thalang,Phuket
Unit ID: U150454
7% GUAR. RETURN FOR 5 YEARS
Studio Bedroom
1 Bathroom
388 Sqft Size
5 Floor
Feb 2023 Completed

About This Condo

This property is a 388 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Feb 2023. You can buy this condo for a base price of ₿1.858 (₿0.005/Sqft).

Features

Wet BarWet Bar BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 13, 2023
Updated 2 months ago
Property Type Condo
Floor 5
Bedroom Studio
Size 388 Sqft
Price per Sqft ₿0.005
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%.

Leasehold
Furniture
Available for ₿0.080
View(s) Sea View
Unit Type Universal Studio
Building N/A
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
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U150454

Investment Opportunity: Charges & Yield

Sale Price
₿1.858
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.
15
Guaranteed Rental Return
7%
Guarantee Duration
5 Years

Project Details

Project Name: SOLE MIO Condominium
Construction: Completed (Feb 2023)
Floors: 7
Buildings: 1
Units: 124
Project Area: 129,167 Sqft
Nearest Landmark Bang Tao Beach - 0.3 Km
Location: Choeng Thale, Phuket
SOLE MIO Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at SOLE MIO Condominium

  • Reception / Lobby Area
    1st Floor
  • On Site Restaurant
    Rooftop
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop

Available Units at SOLE MIO Condominium

Get notified when new homes are being added to SOLE MIO Condominium
View All (1)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
₿0.029
1st Installment
Upon contract signing
90%
2nd Installment
On handover
10%

Frequently Asked Questions

No pets are allowed at SOLE MIO Condominium 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 ₿0 per square meter based on the size of indoor area of the property and is ₿0.001 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 SOLE MIO Condominium the required payment for the sinking fund is ₿0 per square meter based on the size of the indoor area of the property.
SOLE MIO Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Bang Tao Beach is the nearest Beach from SOLE MIO Condominium and it is 0.3 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 SOLE MIO Condominium 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
₿0.029
1st Installment
Upon contract signing
90%
2nd Installment
On handover
10%

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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Cruise Ship Condominium
Raquel Roher, France, 5 years ago
It made me very interested in the Sole Mio condominium with a novel design because the construction building is similar to a cruise ship. Also, this project is still under construction. I have made inquiries and have visited the sale gallery, which makes me interested in booking this project. The staff gives very good consulting and information. The project also has a full range of facilities such as a swimming pool, a fitness room, a bar, and an on-site restaurant. Besides, it is close to many natural attractions such as Bangtao Beach, Surin Beach, and nearby Beach Clubs like Catch Beach Club and Lux ​​Beach Phuket in this prime location. I am not disappointed to have one of the rooms to own. Besides, The Sole Mio Condominium has special privileges to the investors, such as a 7% guaranteed rental return for 15 years; it's very worthwhile for future investments. This condominium project is more than a real accommodation.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SOLE MIO Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Bright Phuket
Location
Choeng Thale, Thalang, Phuket
Number of units
34
Sales Prices
₿2.525 - ₿10.782
▼ -1% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
73
Sales Prices
₿5.072 - ₿8.965
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Dareeya Villa
Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
₿7.371 - ₿14.743
Monthly Rentals
N/A
Year Built
Jan 2025
Completion Status
Off Plan
Project Name
Casuarina Shores
Location
Choeng Thale, Thalang, Phuket
Number of units
40
Sales Prices
₿4.866 - ₿5.308
▲ 19% overpriced
Monthly Rentals
₿0.016 - ₿0.022
Year Built
Apr 2008
Completion Status
Completed
Project Name
Sudara Phase 1
Location
Choeng Thale, Thalang, Phuket
Number of units
220
Sales Prices
₿2.848 - ₿8.019
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Poetry Villas
Location
Choeng Thale, Thalang, Phuket
Number of units
17
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Laguna Beachside
Location
Choeng Thale, Thalang, Phuket
Number of units
120
Sales Prices
₿3.654 - ₿4.423
Monthly Rentals
₿0.021
Year Built
Mar 2025
Completion Status
Off Plan
Project Name
Laguna Seaside
Location
Choeng Thale, Thalang, Phuket
Number of units
50
Sales Prices
₿10.702
Monthly Rentals
N/A
Year Built
Dec 2026
Completion Status
Off Plan
Project Name
Baan Mandala
Location
Choeng Thale, Thalang, Phuket
Number of units
24
Sales Prices
₿7.520
▼ -9.7% underpriced
Monthly Rentals
₿0.044 - ₿0.074
Year Built
Jan 2012
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
228
Sales Prices
₿1.327 - ₿3.391
Monthly Rentals
₿0.010 - ₿0.044
Year Built
Dec 2018
Completion Status
Completed
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