We use cookies to optimise your experience on our website. If you continue we'll assume that you are happy to receive our cookies. However, if you would like to, you can change your cookie settings at any time.

Continue

For improved printing use the print button on the page

print button

2 bedroom apartment for sale

Thailand - Phuket

£114,000

like this property?

Call: 0066904187110

Key features:

  • 1 bathroom(s)
  • Condition: Excellent
  • Floor space: 50
  • Communal pool
  • Communal garden
  • Distance from an airport: 30 mins
  • Distance from a golf course: 15 mins

Full description:

The Aristo is a luxurious new boutique condo development containing just 155 exclusive apartments. The project is located in the peaceful village of Surin on the islands most popular West Coast. The Aristo is surrounded by lush, green undeveloped land and is located a mere 650m from the beautiful, sandy Bang Tao Beach. The main road running through Surin is located just 500m away from here. This means that the location of the project is quiet and tranquil, but there are plenty of shopping and dining facilities within easy walking distance. It is also easy to pick up transport on this road that will take you to other popular West Coast areas, such as Patong.


Units on the sixth and seventh floor of this seven-storey building offer owners beautiful sea views. But even owners of apartments on the lower floors can enjoy the views of both the Andaman Sea to the west and green mountain peaks to the east from the rooftop terrace. The views can be enjoyed while using any of the variety of facilities including a rooftop pool and a fully-equipped fitness centre. The rooftop pool is just one of three that are available to residents use at The Aristo, with the vast majority of the units here enjoying a view of at least one of the pools and the beautiful tropical gardens which surround the entire project. The pools at The Aristo are much larger than can normally be found on developments of this size, meaning that they are never going to get crowded.


The Aristo is being developed by an experienced developer with several resort style projects both on Phuket and elsewhere in Thailand, including Bangkok, to their credit. Luxurious materials are being used throughout the project both exterior and interior, which will become apparent to visitors to the development as soon as they enter the impressive-looking, five-star hotel-style lobby area to the building. Also on the ground floor is a relaxing library and multipurpose area, including a pool table, for the enjoyment of owners and their guests alike.


Having only been launched in October 2014, prices at The Aristo are currently on pre-sale, which makes them very affordable considering the excellent location and high standard of facilities available on the project. One-bedroom apartments of 27.7m2 start here from just THB 2,490,000 ($77,000). These compact one-bedroom units all feature sliding glass doors to the bedroom in order to offer the maximum feeling of space to buyers. For those looking for more space, there are also larger sizes of one-bedroom apartment available, going up to 43.8m2. There are also a variety of affordable two-bedroom/one-bathroom options available, starting from 49.6 to 88.2m2. There are also some 67.5m2 two-bedroom/two-bathroom duplex apartments available on this development as well. In total, there are 21 different types of apartment on offer at The Aristo, so there is sure to be one that is right for all your needs.


Prices are for partially furnished apartments. Foreign ownership is currently available on all types of apartments with a supplement of THB 300,000 ($9,250) payable on top of the regular prices.


For those looking to rent out their properties rather than using the apartments themselves, the developers offer a full rental management service. Under this arrangement, the investor will receive 60% of the net revenues earned from the rental of their apartments, with the developer taking the remaining 40% as a management fee.


In summary, The Aristo is our best-value development for anyone looking to buy a luxurious apartment in a highly desirable location on the West Coast of Phuket.


KEY FEATURES:

- 24/7 Security
- Air-Conditioning
- Fitness Centre
- Close to Beach
- Partial Furnished
- Reception
- Library
- Parking
- Gardens
- Swimming Pool
- Roof Terrace
- Sea Views
- Mountain Views
- Close to Shopping Center


PRICE RANGE:


- One-Bed-Min: 27.7m2 - THB 2,490,000
- One-Bed-Max: 43.8m2 - THB 4,650,000


- Two-Bed-Min: 49.6m2 - THB 5,932,000
- Two-Bed-Max: 88.2m2 - THB 10,662,000


PAYMENT PLAN:

- Reservation Fee: THB 100,000
- Contract Deposit: 35% (within 10 days)
- Interim Payments: 35%
- Handover: 30%


EXTRA FEES:

- Maintenance Fee: THB 60 / per m2 / per month
- Sinking Fund: THB 600 / per m2 / one time
- Transfer Tax: Buyer Responsible
- Electric & Water Meters: Buyer Responsible


COMPLETION DATE:

Start Date: March-2015
End Date: December 2016

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Phuket (International), 10.5 miles
  • Krabi (International), 44.6 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Bangkok Thai Real Estate Co. Ltd, Pattaya

383/2 Moo 12 Sukhumvit Road Nongprue Banglamung Chonburi 20150
0066904187110
About Bangkok Thai Real Estate Co. Ltd, Pattaya

The Number One Choice for Investors

Thailand*s capital city, Bangkok, currently offers an excellent investment opportunity for anyone looking for fast capital appreciation and reliable rental returns.

Compared to other key Asian cities such as Hong Kong, Singapore, Tokyo, Shanghai, Beijing or Kuala Lumpur, prices in Bangkok are currently very low 每 with an average price of just $5,000/m2. This compares favourably to Beijing at $9,500/m2, Singapore at $24,500 and Hong Kong at $31,000/m2. However, such is the strength of the market in Bangkok that prices are guaranteed to not stay this low for much longer. In year to the end of March 2013, prices of condominiums in Bangkok rose by a remarkable 9.39%, making Bangkok one of the fastest-increasing markets in South East Asia.

Due to the country*s fast economic growth, forecasters predict that the property boom in Bangkok is still at the beginning as the economy continues to increase at levels faster than neighbouring countries, with the country*s GDP increasing by 6.44% in 2012. This means that the economy in Thailand is developing at a faster rate than any other country in Asia apart from China and the Philippines. Described by the World Bank as ※one of the greatest development success stories§ for its progress in social and economic development, the country remains on an upward trajectory.

The constantly improving economy has led to the rapid increase of the middle class in Thailand, who are spending their new-found wealth in upgrading their accommodation. This, in turn, has led to the fast increases in prices for condominiums, especially those located in prime positions within the city centre, where few good building plots remain.

The expansion of Bangkok*s Skytrain network is fueling the city*s real estate boom.
The expansion of Bangkok*s Skytrain network is fueling the city*s real estate boom.
The upwards trajectory of Bangkok*s property prices are set to increase still further when the ASEAN Economic Community which offers tariff-free trade and visa-free travel between all member countries comes into effect at the end of 2015. Due to Thailand*s position right in the centre of the ASEAN region 每 at its very crossroads 每 Thailand is expected to benefit more from the introduction of the new trading zone than most of the other member nations.

Much of the activity in the real estate market is centred around developments located within easy reach of stations on Bangkok*s mass transit system, which now makes it easy to navigate the often heavily-congested streets of Thailand*s capital city. The network, which comprises the underground, Skytrain, bus and rail networks, is seeing massive expansion over the next few years with the number of lines increasing from eight to 15. As new stations are announced, so new areas of the city become attractive areas to live.

According to research published by Global Property Guide in April 2013, rental yields in Bangkok range from 3.97% to 7.41%. This makes Bangkok the third best-performing capital city in East Asia after Manila and Jakarta 每 another sign that there is still plenty of capital appreciation left in the market for condominiums.

Smaller apartments earn much higher rental yields than bigger apartments. A 50m2 apartment in Bangkok*s central location earns good rental yields at 7.41%, while a 375m2 apartment also centrally located, earns poor rental yields at 3.97%.

The rental yields from medium-sized apartments are also good. An 80m2 apartment earns moderate to good rental yields at 6.86%, higher than 2011∩s figure of 6.60%. The same can be said about 120m2 apartments, where rental yields have increased to 6.53% from 6.49% the previous year.

Currently foreign buyers make up a relatively small proportion of the total market for condominiums in Bangkok, but this situation is changing fast as well-informed investors realize that there is little growth left in most of the key Asian cities and begin to look further afield to see good returns on their investments.

A Perfect Location for a Second Home

Bangkok attracts not only investors 每 it also attracts foreigners looking for a second home in a vibrant and affordable city, in a country which is well-known for the warm welcome by the country*s friendly and hospitable people. That*s the reason why Thailand is known around the world as &The Land of Smiles*!

Bangkok's shopping malls, climate, cuisine and nightlife make it a Mecca for tourists.
Bangkok*s shopping malls, climate, cuisine and nightlife make it a Mecca for tourists.
The city is now a highly cosmopolitan one which welcomes visitors from all over the globe. Visitors are attracted not only by the legendary Thai hospitality, but also its world-famous cuisine, year-round warm and pleasant tropical climate, thrilling nightlife opportunities, low-cost shopping in the city*s many large, modern shopping malls and beautiful temples and other tourist attractions. English is widely spoken in the city and Bangkok also has a sizable Thai-Chinese population.

With its modern Suvarnabhumi International Airport, Bangkok has become one of Asia*s main transport hubs. In fact, a recent survey conducted by MasterCard found Bangkok International to have recently overtaken London*s Heathrow as the world*s busiest international airport. Tourist numbers to the city are increasing rapidly 每 visitor numbers were up 18.6% year-on-year in the first quarter of 2013. Much of this increase came from China, where over 2 million tourists arrived in the first half of 2013 alone, an increase of 95.06% over the same period in 2012. Chinese visitors are now by far the most numerous visitors to Thailand, accounting for 21% of all international arrivals.

There are also increasing visitor numbers to the city from the Gulf area. The Abu Dhabi to Bangkok route is Etihad*s busiest, having transported 700,000 passengers to the city in 2012. The airline is now adding a sixth flight per day to the city in order to cope with the constantly increasing demand. The new high-speed rail link to the airport makes it possible to reach the centre of Bangkok from Suvarnabhumi in under thirty minutes.

###

So, whether you are looking for an affordable second home in an exciting and pleasant city to live or an investment which provides a good steady rental income combined with some of the fastest capital growth that you can find anywhere in the world currently, Bangkok is an ideal choice.


Disclaimer

This is a property advertisement provided and maintained by Bangkok Thai Real Estate Co. Ltd, Pattaya (reference 107950_1015105939) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Bangkok Thai Real Estate Co. Ltd, Pattaya

383/2 Moo 12 Sukhumvit Road Nongprue Banglamung Chonburi 20150
or call 0066904187110

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.