- Type
- 1-Bedroom
- Size
- 36.35 m²
- Floor
- 3
- Unit
- B317
- View
- Urban / central Phuket
- Tenure
- freehold
- Completion
- Completed
- To beach
- Central Phuket area
Why this resale
- ✓ 108,665 THB per m², the lowest rate of any lot in this resale list
- ✓ Structure shown as 2,057,000 THB upfront plus a 1,892,464 THB mortgage at 16,600 a month
- ✓ Freehold, and in a delivered building the foreign quota position is knowable today
- ✓ Furniture, appliances and decor included; photographs are of this apartment
B317 asks 3,950,000 THB for a delivered, furnished 36.35 m² one-bedroom in Kathu, 108,665 THB per m², the lowest rate of any lot in this list.
The headline is the least interesting thing about it. The seller material shows a financing structure: 2,057,000 THB from the buyer upfront and a remaining mortgage balance of 1,892,464 THB at 16,600 THB a month on a fifteen-year term. Those two come to 3,949,464 THB (the asking price to within a rounding) and together they describe a different transaction from a cash resale.
The first question is for the bank, not the seller
Everything about the advertised structure depends on whether the lender will novate that loan to you. Ask, in writing, before the apartment or the price matters:
- Whether the bank will transfer the loan to a buyer of your nationality and residency status at all, and on what conditions.
- The outstanding principal as of a stated date, and the interest rate.
- The amortisation schedule behind the 16,600 THB, at that rate, 1,892,464 THB is more than nine years of payments before any interest is counted, so the monthly figure alone does not tell you the term.
- Early repayment rules and any penalty.
If the answer is no, this becomes a 3,950,000 THB cash purchase and the 2,057,000 number describes nothing you can use. That is still a reasonable purchase (it is the cheapest metre here) but it is not the one advertised, and the conversation about price should start again from there.
What the comparison does well
The developer comparison on this listing is better constructed than most in this collection: 3,980,000 THB for a comparable unit plus 522,200 THB for the developer’s furniture package, giving 4,502,200 against 3,950,000 here.
The material also notes that the developer’s package excludes refrigerator, television, washing machine and microwave, all of which this apartment has. That is a real difference and it is checkable, take the appliance list to the viewing and mark it off item by item, then get it into the contract as an appendix rather than as a description.
Freehold, and a building where you can prove it
This is one of the few freehold lots here, and it is the only one where the quota question can be settled rather than forecast. Foreign ownership is capped at 49% of a building’s total floor area, and in a delivered building that figure exists today.
Ask the juristic person for the current foreign-owned area in square metres, dated, and for written confirmation that B317 sits inside it. On an off-plan freehold contract that answer is a projection; here it is a fact, and it is the main advantage of buying something already built.
Before you offer
- The bank’s written position on transferring the loan, with rate and schedule.
- The juristic person’s dated statement of foreign-owned floor area.
- The appliance and furniture list, checked at the viewing and written into the contract.
- Title status and confirmation that charges are settled to the transfer date.
- What a one-bedroom here has earned, from owner statements.
- The juristic accounts and reserve position.
The building, its facilities and what central Phuket supports are on the City Phuket project review.
Frequently Asked Questions
The seller material presents it as a transfer: 2,057,000 THB from you upfront and a remaining loan balance of 1,892,464 THB at 16,600 a month on a fifteen-year structure. Those two come to 3,949,464 THB, which is the asking price to within a rounding. Whether that structure is available to you is a question for the bank, not for the seller, and it should be answered before anything else on this page matters.
Then the deal is a 3,950,000 THB cash purchase and the 2,057,000 figure describes nothing you can use. That is not a reason to walk away, 3,950,000 for a delivered, furnished 36.35 m² apartment is still the cheapest metre in this list, but it is a completely different transaction from the one the listing advertises, and the price should be discussed on that basis.
It is arithmetic on a like-for-like comparison, which makes it better than most in this collection: a comparable developer unit at 3,980,000 plus their furniture package at 522,200 comes to 4,502,200, against 3,950,000 here. The material also notes the developer package excludes refrigerator, television, washing machine and microwave, which this apartment has. Check that against the appliance list on the viewing rather than taking it from the sheet.
That the apartment can be held in your own name if the building still has foreign quota, the 49% of total floor area available to non-Thai owners. The advantage of a delivered building is that this is a question with an answer today rather than a projection: ask the juristic person for the current foreign-owned area, in square metres and dated, and confirm this unit sits inside it before you pay a deposit.
Central and practical rather than coastal. The building sits near Central Phuket, so the demand it serves is malls, hospitals, offices, schools and roads, long-stay tenants, owner-occupiers and people working on the island rather than holiday guests. Underwrite it as a monthly rental in a city, not as a beach let, because the two behave nothing alike.
Request The City Phuket B317 details
Floor plan, full price breakdown, payment schedule, and legal Q&A, sent within 2 hours.
