Palmetto Park Condominium — Apartments in Karon

Palmetto Park Condominium: a new Karon building with units from the developer

Palmetto Park Condominium was built by Art House Group and completed in 2024. It is a seven-storey building with 77 residences on a hillside in Karon. Upper floors look out over Karon's rooftops to the sea. The developer's first project, Palmetto Condo, stands next door.

The architecture and common areas follow a neoclassical style with arched windows, black and white floors and brass lighting. The building has a lobby, a lounge with a library and a gym with panoramic glazing.

The building is complete, so buyers get a new unit with no construction wait. The developer still sells some units directly, on the second, third, fifth, sixth and seventh floors, so you can choose the floor and side of the building. Unit sizes are similar, and the price depends mostly on floor and view.

Residence type

All units are compact one bedroom homes of 30–32 m², the easiest format to let to holidaymakers.

One bedroom

From 30.2 to 31.9 m² with one bathroom. The developer is selling remaining units from 4.875M to 6.5M ฿ depending on floor and position. On the resale market units start from 5.1M ฿.

Facilities

• Swimming pool
• Lobby and lounge
• Library
• Gym
• Garden
• Laundry room

Agencies report a common area fee of 60 ฿ per m².

The Karon area

Karon sits between Patong and Kata on the south-west coast. Its beach of about three kilometres is far calmer than Patong. The three-bay viewpoint, Dino Park mini golf, restaurants and supermarkets are nearby. Condominiums dominate around the beach, with sea view villas on the hills above.

Buying terms

The building is a registered condominium, and foreigners buy freehold within the 49% quota. Payment terms for developer units are:

• 150,000 ฿ reservation
• 65% on contract signing
• 35% on handover

As the building is complete, we confirm the current schedule with the developer for each unit.

Investment outlook

New compact units in Karon suit both short and long-term letting. According to agencies, a unit in the building rents long term for 22,000 ฿ a month. This is a reference, not a guaranteed income.

To rent or buy, message us on Telegram: t.me/thai_dir