1 Bedroom Apartment for sale at Space Cherngtalay Condominium complex · Choeng Thale

Arna Development, the builder, completed the project on schedule. Thai-quota ownership means the property qualifies for foreign purchase under Phuket's foreign-ownership structure (if a foreign buyer holds title, they are purchasing a Thai-registered condo; the condominium juristic person manages common areas). CAM fees and house rules — standard for Thai-quota condos — apply; confirm building restrictions on short-term rental (30-day cycles) with the juristic person, as some Thai-owned complexes enforce occupant-only policies regardless of Hotel Act provisions.

Target buyer: expat professionals, couples, and single digital nomads in the Bang Tao–Laguna ecosystem. The location suits families with school-age children (UWC Thailand, Headstart Cherng Talay, and Berda Claude are all within 15 minutes). Rental yield is realistic at 5–7% gross (Laguna resort-managed pools and the Boat Avenue premium market sustain occupancy year-round, but OTA fees, CAM, management, and vacancy haircut bring net closer to 4–5%). Not a capital-appreciation play; this is a work-and-stay asset in a maturing, consolidated resort zone.