Palmetto Condominium
About the project Palmetto Condominium
Palmetto Condominium is a thirty-apartment building in Karon, Phuket: twenty-nine flats and a penthouse, six storeys, one block, handed over in June 2020. Built by Art House Group. The address is Patak Road, Soi 14; the plot is 2,160 square metres and Karon Beach is 1.3 kilometres away as the crow flies.
The building stands on a slope, and that decides almost everything here. The drive climbs from below, parking is tucked under the building, and the pool sits on the upper deck — beyond its infinity edge you see the roofs of Karon and the sea. The Soi 14 facade is made of white planes with brown louvre screens.
Apartments are handed over finished: a kitchen with a stone worktop, a completed bathroom, finished floors and walls. The developer names eight layout types and publishes drawings for six of them; they are further down this page. They show apartments with one bedroom and with two. The sheets carry no areas, but the developer puts a one-bedroom at 42 square metres and a two-bedroom at 68; the same figures appear on the daily-rental listing for this building. Windows face either the slope or the sea.
The building also runs as a serviced-apartment operation: units are let by the night and the developer keeps a rental desk and a reception. For a buyer that has two consequences at once — a letting arrangement that already exists, and neighbours who change every week.
The developer publishes no price for an individual apartment anywhere, so there is none here. What is known: the reservation is 150,000 baht, then 35 per cent on signing the contract and 65 on handover.
There are two ways to own here: some apartments sell in the foreign quota (outright freehold in the buyer's name), some on leasehold. As of 20 August 2026 both come up; how many square metres of quota the building has left is publicly known to no one, so the form of ownership is checked per apartment against a certificate from the building's juristic person. Upkeep costs 60 baht per square metre a month plus a one-off 500 baht per square metre into the sinking fund. House rules do not allow pets.
Source of the data: Developer's project page, checked on 20 August 2026
General information
Facilities
- Pool with a sun deck
- Rooftop pool and garden
- Lobby with a reception desk
- Valet parking, around the clock
- Security and CCTV around the clock
- Key card access
- Smoke detectors and fire extinguishers
- Fitness centre
- Concierge
- Kitchen with a granite worktop
- Stainless steel sink
- Finished bathroom
- Fully finished interior
- Washing machine
- Fridge and freezer
- Hob and microwave
- Television
- Safe
- Air conditioning
- Soundproofed windows
- Wi-Fi in the common areas
Features of the complex
- Thirty apartments, not a compound
- One six-storey block on a plot of 2,160 square metres.
- Two pools, one of them on the roof
- A pool with a sun deck below, a second pool and a garden with a view of the Karon hills above.
- A serviced building
- The reception is staffed full time, and there is a concierge and round-the-clock valet parking.
- 1.3 km to Karon Beach
- Straight-line, the beach is 1.3 km away and Kata 1.8 km; by road it comes to about two.
- Common area fee of 60 baht per square metre
- Sixty baht per square metre a month, plus a one-off sinking fund payment of 500 baht per square metre at purchase.
- Lifts: the sources disagree
- The project site promises five high-speed lifts, the FazWaz catalogue counts one passenger lift per building, and the nightly-rental listing says the upper floors are reached only by stairs. Which of the three is right is visible only on site.
- Parking beneath the block
- The building stands on a slope, the drive-in goes from below, and the parking is tucked under the block. The developer does not publish the number of spaces: the project site, the group site and six catalogues were checked as of 20 August 2026.
+66935763095 · Telegram · sales@georid.com
Location
Patak Road, Soi 14, Karon, Phuket
- Karon Beach 1.3 km · 25 minutes on foot
- Kata Beach 1.8 km
- Karon Circle 1.7 km
- cafes and mini-marts on Patak Road 300 m
- the nearest clinic 1.5 km
- Phuket International Airport 30.6 km
Distances and travel times are approximate.
Payment
| Contribution | Stages | Payment |
|---|---|---|
| Reservation | Immediately | 150,000 ฿ |
| 1st instalment | Upon contract signing | 35% |
| 2nd instalment | On handover | 65% |
What one portal lists
| For sale | 7 lots, 3,083,000–8,788,789 ฿ |
| For rent | from 22,000 ฿ a month, on a one-year contract |
| The building charges | 60 ฿ per m² a month, sinking fund 500 ฿ per m² |
If a 35–42 m² one-bedroom lets at this rate and is bought at the lowest of the seven asking prices, that works out at 8.56% gross and about 4.57% net after upkeep, management and tax. The money comes back in roughly 22 years.
What we do not know is which unit costs what. The same rent gives anywhere from 3.00% to 8.56% gross depending on whether it is the cheapest lot or the dearest — and that is settled by asking the seller, not by calculating.
This is one feed on display, not the whole market. A neighbouring portal shows the same 7 lots at the same prices — their inventory is shared, not independent. A third gives a different number for this building and there is nothing to check it against; Thai-language sites we did not measure. How many flats in the building are actually for sale, we do not know.
Offers as of 25 August 2026, from the Thailand-Property portal. These are asking prices, not ours and not the developer's.
Official appraisal
The Thai Treasury values a square metre in this building as follows — the appraisal rises with the floor:
| Floor 2 | 58,800 ฿/m² |
| Floor 3 | 59,600 ฿/m² |
| Floor 4 | 60,600 ฿/m² |
| Floor 5 | 61,800 ฿/m² |
In Karon the same dataset covers 29 buildings, from 41,250 to 82,750 baht per m², with 59,000 in the middle. This building sits at number 17 from the bottom — exactly at the district level.
This is NOT a market price but the base for taxes and fees when the sale is registered at the Land Department: it is always below what flats are listed for. It cannot be compared with the lot prices directly — the portal gives one range for all seven lots and does not say the size of the cheapest one.
How many flats in Karon are for sale or for rent right now we do not know: no public source keeps that count, and portal numbers show their own inventory rather than the district.
Source: the Thai Treasury, the open dataset of condominium appraisals, snapshot of 5 August 2024. Our building is recorded there as ปาล์มเมตโต้ — four floors out of six.
Unit layouts
Apartments with 1 bedroom in Palmetto Condominium
Apartments with 2 bedrooms in Palmetto Condominium
Ask about layouts and availability
Title and permits
- Owner registration number
- 0835559014667
- Address on title deed
- Patak Road, Soi 14, Karon, Phuket
- Construction
- June 2020
State as of August 2026, per the developer project site. Open the source
Georid is not affiliated with the developer. The figures above are quoted from the developer's own materials and have not been independently verified.
Where the developer contradicts itself
- Lifts: the project site says five high-speed lifts, while the FazWaz catalogue says one passenger lift per building.
- Areas: the developer states one-bedroom units of 35–42 m², while listings in the same catalogue show 32, 33, 39, 43 and 45 m²; two-bedroom units are stated as 68 m² against a listing of 65.60 m².
- The payment terms (a 150,000 baht reservation, 35 per cent on contract, 65 on handover) are taken from the FazWaz catalogue as of 20.08.2026: the project site does not state them.
- The photographs come from the project site's own gallery (the exterior and interior sections, 24 distinct frames as of 20.08.2026). Three of them repeat frames already on the card and were not added twice.
- We measured the distances ourselves, as the crow flies, from the building's coordinates to OpenStreetMap points: Karon Beach 1.27 km, Kata 1.80 km, Karon Circle 1.72 km, the airport 30.6 km. The FazWaz catalogue gives 2.0 km to Karon and 47.6 km to the airport — those are road distances, not straight lines; both figures are right and measure different things.
- Year of completion: the FazWaz and Home In Phuket catalogues say June 2020, while the Realting portal says 2019.
- The developer: the group site and most catalogues say Art House Group, while FazWaz and Thailand-Property say “Palmetto Real Estate”. Against the registry both are right and mean different things: Art House Group is the group and the brand, Palmetto Real Estate Co., Ltd. is the building’s own legal entity (see the note below).
- Ceiling height, the number of parking spaces and the water and electricity tariffs are not published anywhere: the project site, the group's site and six catalogues were checked as of 20.08.2026. The developer publishes no documents or presentations at all, and the building has no rental management programme: the project site gives only a rental desk phone number. Checked on 25.08.2026 against the project site and the group's site.
- A third source confirms the areas: the nightly-rental listing for the same building states 42 m² for the one-bedroom and 68 m² for the two-bedroom — exactly the developer's own figures.
- Distance to the beach: the rental listing says "about 1 km" and a 25-minute walk, which agrees with our own straight-line measurement (1.27 km) and explains the catalogue's 2.0 km — that is by road.
- Lifts: the project site promises five high-speed lifts, the FazWaz catalogue says one per building, and the rental listing states separately that the upper floors are reachable by stairs only. Three sources, three different claims; check on site.
- We do not print the nightly rate or the guest rating: other people's reviews and other people's prices are not transplanted onto the page (the §18 rule).
- The developer names eight layout types and publishes drawings for six (types three and five are absent from the site). Bedrooms and bathrooms are counted from the sheets themselves; no area is printed on them, so the table carries none.
- Areas: the published sheets carry none, so the layout table has no area column. The prose cites the developer figures (42 and 68 m²), which match the daily-rental listing for the same building; the FazWaz catalogue gives a 32–45 m² spread for the same types.
- The building has its own legal entity rather than the group one: Palmetto Real Estate Co., Ltd., registration number 0835559014667, registered on 23 November 2016, active, with 5,000,000 baht of capital. The registry lists it at the building’s own address — Patak Soi 14, Karon — and its stated activity is selling and letting condominium units. Art House Group is the group name and the brand the building was sold under. The Thai catalogue ZmyHome names “Palmetto Asset” as the developer, but no company under that name exists in the registry at all — a registry-wide search on that root returns two entries and neither is it. We have not read the title deed, so who owns the land remains open; checked against the registry on 25.08.2026.
- Sources disagree on the completion year: the developer and the portal say 2020, while the Thai catalogue ZmyHome and one agency say 2019. We print June 2020 after the developer. The same agency states five storeys, whereas the developer says six — “29 stylized units and one penthouse with 6-story”. Checked on 26.08.
Ask about documents and the foreign quota
Art House Group
Art House Group is a Phuket developer that has been building on the island since 2012.
More projects by the developer
- Proud Rawai Condominium Rawai
- Proud Residence by Wyndham Karon
- Palmetto Park Karon
- Hennessy Villa Karon
- Above Element Condominium Choeng Thale
- Hennessy Residence Karon
Frequently asked questions
What is Palmetto Condominium?
Palmetto Condominium is a low-rise condominium in Karon, Phuket, 6 storeys.
How many apartments are there in Palmetto Condominium?
According to the developer documents, Palmetto Condominium in Karon, Phuket has 30 apartments.
When was Palmetto Condominium completed?
Palmetto Condominium: construction June 2020, completed in 2020.
Where is Palmetto Condominium located?
Palmetto Condominium is located in Karon, Phuket, Thailand. Nearby: Karon Beach — 1.3 km · 25 minutes on foot; Kata Beach — 1.8 km; Karon Circle — 1.7 km.
Who is the developer of Palmetto Condominium?
The developer of Palmetto Condominium is Art House Group.
Can a foreigner own an apartment in Palmetto Condominium?
Yes, within the foreign quota: under the Condominium Act B.E. 2522 foreigners may hold up to 49% of a building's total saleable floor area, and the Land Office checks the ratio at the moment of transfer. How much of the quota Palmetto Condominium has left is not published anywhere — ask the building's juristic person for a certificate before the deposit and again before the transfer.
Can Palmetto Condominium be bought on a leasehold?
Beyond the 49% foreign quota apartments in Thailand are sold on a leasehold — a lease right of up to 30 years registered at the Land Office. Renewal is a clause in the contract, not a guarantee given by the law, and it is registered anew each time. Whether a leasehold is available in Palmetto Condominium right now, and on what terms, is a question for the developer.
Do I have to come to Thailand for the deal?
Not necessarily: the transfer can be done by a representative under a power of attorney certified at a Thai consulate. Money for a foreign-quota purchase must arrive in Thailand in foreign currency through a Thai bank — the bank's certificate of that transfer is required at the Land Office (Condominium Act, section 19).
What is paid on top of the price of an apartment?
The transfer is paid for at the Land Office, and the building charges a common area fee monthly and a one-off sinking fund payment. The rates for Palmetto Condominium are on this page where the developer publishes them; taxes and the transfer fee depend on the seller and on how long the unit has been owned.
Questions about this project?
