Unit ID: U1646248
7% GUAR. RETURN FOR 3 YEARS
Rawai, Phuket Town,Phuket
$104,000
1 Bedroom
1
Bathroom
388 Sqft
Size
4
Floor
Jun 2021
Completed

About This Condo

This property is a 388 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in Jun 2021. You can buy this condo for a base price of $104,000 ($267/Sqft).

Apartment with 1 bedroom suitable for a family with a child. The spacious kitchen is fully equipped and ready to receive guests. The apartment includes built-in and mobile furniture. The apartment is brand new, never rented out. Finishing work was completed recently. The balcony offers amazing views. The modern residential complex is located in one of the most popular areas of Phuket, surrounded by the developed infrastructure of the Rawai area. Yanui Beach is only 850 meters away. The resort condominium is distinguished by large panoramic windows overlooking the garden and pool. It also has everything necessary for a comfortable stay. The 5-story building contains 79 apartments ranging from 25 sq. m. up to 36 sq. m. On the condominium territory, there is a swimming pool, gym, playground, garden, and parking. There is a 24-hour mini-market and a pharmacy within 5 minutes. The complex is located in the Rawai area, just a 3-minute walk from the busy Rawai beach promenade with the famous seafood market. Ya Nui Beach is 850 meters away and Nai Harn is further away. Restaurants, bars, a children's amusement park, Lotus's and Makro supermarkets, the Villa Market shopping center, farmers' markets, restaurants, spas, and Thai massage parlors are located in this area — everything you need for a comfortable stay and stay. On the complex territory: reception, pool, garden, Gym, playground, parking, secured area 24 hours/ CCTV

Features

BalconyBalcony

Basic Information

Date Listed Aug 11, 2023
Updated 1 year ago
Property Type Condo
Floor 4
Bedroom 1
Size 388 Sqft
Price per Sqft $267
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Leasehold
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View, City View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$62/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1646248

Investment Opportunity: Charges & Yield

Sale Price
$104,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$62/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
15
Guaranteed Rental Return
7%
Guarantee Duration
3 Years

Project Details

Project Name: Rawai Beach Condominium
Developer: N/A
Construction: Completed (Jun 2021)
Floors: 5
Buildings: N/A
Units: 79
Project Area: N/A
Nearest Landmark Phromthep Cape - 0.9 Km
Location: Rawai, Phuket
Rawai Beach Condominium Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Rawai Beach Condominium

For Sale 10 For Rent 3
Get notified when new homes are being added to Rawai Beach Condominium
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Frequently Asked Questions

No pets are allowed at Rawai Beach Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿2,160 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Rawai Beach Condominium the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Rawai Beach Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Phromthep Cape is the nearest Tourist Attraction from Rawai Beach Condominium and it is 0.9 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Rawai Beach Condominium you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect property for long-term investment.
Jason 4321, Russia, 3 years ago
I believe this condo is definitely an investment in the future. The project also includes a 7% rental guarantee for up to 3 years. In addition, the condo is located in the perfect location to relax, and it takes only a few minute's walks to Yanui Beach. There are completed facilities for residents of all ages, such as a swimming pool, fitness center, kids playground, and garden. The most important thing is the affordable price, starting from 2 million baht.
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Rawai Beach Condominium

Location
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Year Built
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Project Name
Location
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Location
Rawai, Phuket Town, Phuket
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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