The Light Condominium, Phuket Town – Spacious Corner Unit, Excellent Investment

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6,000,000(with tenant, 26,000/month until 31/07/2025) (87,146 THB/sq.m.)
2 Bed
2 Bath
on fl. 6
68.85 sq.m.

The Light Suanluang Muang Phuket Phuket -

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Listing Detail

Formal Analysis & Promotional Content: Investment Opportunity in The Light Condominium, Phuket Town

Prepared for: Potential International Real Estate Investors

Presented by: Oneness Work Co., Ltd.

Subject: Analysis of a High-Yield, Tenanted Condominium Investment in Phuket Town – The Light Condominium


1. Introduction: Strategic Investment in Phuket's Stable Core

While Phuket is globally renowned for its tourism appeal, astute investors recognize the distinct advantages offered by Phuket Town, the island's administrative and commercial center. This analysis presents a compelling investment opportunity within "The Light," a modern condominium development, offering immediate income, potential Foreign Freehold ownership, and strategic positioning for long-term stability and growth. Oneness Work Co., Ltd. presents this opportunity, backed by our local expertise and comprehensive investor support services.


2. The Property: The Light Condominium – Unit Specifics & Building Overview

  • Property Name: The Light Condominium
  • Location: Chaofa East Road, Talat Nuea, Mueang Phuket (Central Phuket Town)
  • Featured Unit: A premium 68 sqm, 2-bedroom, 2-bathroom corner unit situated on the advantageous 6th floor. Corner units typically offer enhanced natural light and dual-aspect views.
  • Building Profile: A quality 15-storey high-rise completed in Dec 2013, featuring 185 units. Known for modern design and comprehensive resident amenities.
  • Amenities: Communal swimming pool (incl. children's pool), gymnasium, reception, garden, on-site restaurant/shops, secure parking, 24-hour security & CCTV.
  • Current Status: Completed, fully operational, and professionally managed by the Condominium Juristic Person. This specific unit is currently tenanted.


3. Investment Highlights & Value Proposition

This specific unit at The Light presents a unique combination of benefits for international investors:

  • Immediate & Proven Income Stream: The unit is currently occupied by a foreign tenant with a lease secured until July 2025, generating THB 26,000 per month. This offers immediate, verifiable cash flow from day one, translating to a Gross Rental Yield of 5.2% at the asking price of THB 6 Million.
  • Prime Phuket Town Location: Strategically located with excellent access to major shopping centers (Central Festival/Floresta), international hospitals (Bangkok Hospital Phuket), reputable schools, and government offices. This drives consistent long-term rental demand from expatriates, professionals, and families, offering greater stability than purely tourist-driven locations.
  • Potential Foreign Freehold Ownership: Under the Thai Condominium Act, this unit potentially qualifies for secure Foreign Freehold ownership, granting perpetual ownership rights – a significant advantage for international investors (subject to foreign quota verification).
  • Capital Appreciation Potential: Supported by the desirable corner unit features, the building's quality, Phuket Town's ongoing development as a key hub, and broader positive trends in Phuket's real estate market.
  • Turnkey & Hassle-Free Investment: Represents a ready-made investment generating income immediately. With professional management available, it offers a passive investment experience.
  • Attractive Price Point: Priced at THB 6 Million, offering tangible value for an income-producing asset in a central location.


4. Market Context: Phuket Town's Investment Appeal

Investing in Phuket Town offers a different, yet equally compelling, proposition compared to coastal resort areas. The demand drivers are more diversified and stable, including:

  • A significant expatriate community working in local businesses, schools, and hospitals.
  • Professionals connected to the administrative and commercial activities centered in town.
  • Families utilizing the excellent international school infrastructure.
  • A growing segment of 'digital nomads' and long-stay visitors appreciating urban conveniences. This results in strong demand for long-term rentals, providing consistent occupancy potential.


5. Oneness Work Co., Ltd.: Your Expert Partner in Phuket

Navigating the Thai real estate market, especially as an international investor, requires local expertise and reliable support. Oneness Work Co., Ltd. is positioned as your trusted partner throughout the investment journey:

  • Market Insight & Valuation: We provide current market analysis and comparable data to support informed decision-making regarding rental potential and asset value.
  • Facilitation of Due Diligence: We assist in coordinating crucial checks, including the verification of the Foreign Freehold ownership quota for The Light Condominium and can recommend reputable independent legal counsel for title searches and contract reviews.
  • Guidance Through Acquisition: We help investors understand the Thai property acquisition process, including requirements like the Foreign Exchange Transaction (FET) form documentation.
  • Comprehensive Property Management: Post-acquisition, we offer tailored management solutions covering:
  • Tenant Management (including managing the current lease transition and re-tenanting).
  • Rent Collection & Financial Reporting.
  • Property Maintenance & Repairs Coordination.
  • Liaison with the Condominium Juristic Person.
  • Personalized Investor Relations: We serve as a dedicated point of contact, providing clear communication and transparent reporting in English.

Our role extends beyond simple property management; we aim to provide seamless, professional advisory and facilitation services, ensuring confidence and peace of mind for our international clients.


6. Navigating Foreign Investment in Thai Condominiums

The potential for Foreign Freehold ownership is a key advantage of investing in Thai condominiums like The Light. Oneness Work Co., Ltd. emphasizes the importance of:

  • Quota Verification: Confirming the availability within the 49% foreign ownership limit for the specific project.
  • Legal Counsel: Engaging independent Thai lawyers specializing in real estate is crucial for verifying title, contracts, and managing the transfer.
  • Financial Procedures: Understanding the requirement to remit funds in foreign currency and obtain the necessary FET documentation from a Thai bank.

Oneness Work Co., Ltd. assists investors by clarifying these requirements and connecting them with trusted legal professionals, simplifying the process significantly.


7. Conclusion: A Secure, Income-Generating Asset with Growth Potential

The featured corner unit at The Light Condominium presents a compelling opportunity for investors seeking a blend of immediate, stable rental income (proven 5.2% gross yield) and long-term capital appreciation potential within Phuket's central hub. The possibility of secure Foreign Freehold ownership adds significant value.

Coupled with the expert guidance, facilitation, and comprehensive management services offered by Oneness Work Co., Ltd., this investment represents a professional, credible, and potentially rewarding venture into the Phuket real estate market.


8. Call to Action

We invite interested investors to delve deeper into this unique opportunity. To receive detailed financial projections, verify the Foreign Freehold quota status, discuss management services, or arrange a viewing (subject to tenant notification), please contact:

  • Pongsak Chanyu (Thai Language Support): Mobile / WhatsApp: +66 62 329 5687
  • Nikhil Jain (English Language Support): Mobile / WhatsApp: +66 82 240 0046
  • Email:

    onenessworkgroup@gmail.com

  • Oneness Work Co., Ltd. – Your Partner for Professional Real Estate Investment in Phuket.

 

Listing Information

  • The Light Suanluang
  • 6,000,000(with tenant, 26,000/month until 31/07/2025) (87,146 THB/sq.m.)
  • 2 Bedroom
  • 15/66
  • 6
  • 2 Bed
  • 2 Bath
  • 68.85

Facilities

  • Room amenities
  • Project Facilities
Furniture
Home phone
Air conditioner
Hot/warm water heater
Room digital lock system
Bath
TV
Cooking stove
Fridge
Hood
WIFI
Washing machine
Microwave
ListingFacility:LIFT
Parking
Motorcycle Parking
Security
WIFI
Access control (Fingerprint/Keycard)
CCTV
Swimming Pool
Sauna
Steam Room
Jacuzzi
Fitness
Shuttle Service
EV-Charger
Park / BBQ Areas
Kids Playground
Stadium (Tennis/Basketball)
Library
Meeting Room
Convenience Store
Restaurant
Laundry
Can raise animals
onenesswork
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We strongly advise not transferring money before actually viewing the room or formalizing a contract.

The Light Suanluang

Muang Phuket Phuket

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