Unit ID: U1383244
8% Rental Yield
Rawai, Phuket Town,Phuket
$136,000
1 Bedroom
1
Bathroom
377 Sqft
Size
2
Floor
May 2021
Completed

About This Condo

This property is a 377 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 May 2021. You can buy this condo for a base price of $136,000 ($360/Sqft).

New 1-bedroom apartment, 200 meters from the Rawai beach

1-bedroom apartment 35.05 sq.m. suitable for a family with a child. The apartment is fully equipped with built-in furniture and offers many options for furnishing upholstered furniture. Not least, the apartment has never been rented out and is in perfect condition.The modern residential complex The Title V Rawai is one of the most popular complexes in the south of Phuket, located 200 meters from the Rawai waterfront. In four 5-story buildings, there are 228 apartments ranging from 34 sq.m. up to 78 sq.m. The buildings are located away from the main road, providing residents with a quiet and peaceful place to relax.The design of the project boasts an original concept, emphasizing the importance of nature combined with modern architecture. The buildings are finished with natural stone and other materials that are in harmony with nature. The project has a large garden. In order for the residents of the complex to keep fit, the complex has a gym and a sauna. The condominium has 7 swimming pools, a restaurant for 200 people, and a playground for children.The complex is located in the Rawai area, just a 2-minute walk from the lively Rawai beach promenade with the famous seafood market. Ya Nui and Nai Harn beaches are within a 5-10 minute drive. 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.

Features

BeachfrontBeachfront BalconyBalcony

Basic Information

Date Listed Jun 27, 2023
Updated 8 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 377 Sqft
Price per Sqft $360
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Pool View
Unit Type N/A
Building Building V
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.
$57/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 U1383244

Investment Opportunity: Charges & Yield

Sale Price
$136,000
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.
$57/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.
13
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Title V, and the current sales price.
8%

Project Details

Project Name: The Title V
Construction: Completed (May 2021)
Floors: 5
Buildings: 4
Units: 228
Project Area: 90,417 Sqft
Nearest Landmark Rawai Beach - 0.2 Km
Location: Rawai, Phuket
The Title V Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Title V

  • Communal Pool
    Ground Floor

Available Units at The Title V

For Sale 19 For Rent 16
Available Units at The Title V
$124,000
$330/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 2 Floor
Leasehold Fully Furnished River or Canal View
Available Units at The Title V
$127,000
$328/Sqft
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Garden View
Updated 21 hours ago
Available Units at The Title V
$173,000
$401/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Garden View
Updated 3 weeks ago
Available Units at The Title V
$310,000
$369/Sqft
Beds 2 Beds
Baths 2 Baths
Size 840 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Pool View
Available Units at The Title V
$174,000
$425/Sqft
Beds 1 Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 3 Floor
Fully Furnished Garden View
Updated 2 weeks ago
Available Units at The Title V
$183,000
$420/Sqft
Beds 1 Beds
Baths 1 Baths
Size 436 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Updated 1 month ago
Available Units at The Title V
$183,000
$415/Sqft
Beds 1 Beds
Baths 1 Baths
Size 441 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
Updated 1 month ago
Available Units at The Title V
$130,000
$335/Sqft
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 2 Floor
Leasehold Fully Furnished Garden View
Available Units at The Title V
$183,000
$425/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Title V
$183,000
$405/Sqft
Beds Studio Beds
Baths 1 Baths
Size 452 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
Available Units at The Title V
$162,000
$367/Sqft
Beds 1 Beds
Baths 1 Baths
Size 441 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Title V
$136,000
$360/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 2 Floor
Leasehold Partly Furnished Pool View
Available Units at The Title V
$130,000
$345/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 4 Floor
Leasehold Fully Furnished Mountain View
Available Units at The Title V
$168,000
$447/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor Ground Floor Floor
Leasehold Fully Furnished
Available Units at The Title V
$325,000
$387/Sqft
Beds 2 Beds
Baths 2 Baths
Size 840 Sqft Size
Floor 5 Floor
Leasehold Fully Furnished Partial Sea View
Updated 1 month ago
Available Units at The Title V
$156,000
$354/Sqft
Beds 1 Beds
Baths 1 Baths
Size 441 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Pool View
Updated 1 week ago
Available Units at The Title V
$270,000
$322/Sqft
Beds 2 Beds
Baths 2 Baths
Size 840 Sqft Size
Floor Ground Floor Floor
Leasehold Fully Furnished Pool View
Updated 2 months ago
Available Units at The Title V
$130,000
$335/Sqft
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 3 Floor
Leasehold Fully Furnished Pool View
Updated 1 week ago
Available Units at The Title V
$171,000
$387/Sqft
Beds 1 Beds
Baths 1 Baths
Size 441 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Garden View
Get notified when new homes are being added to The Title V
View All (19)

Loan Calculator

Payment Plan

Installment Milestone Payment
Deposit
Booking Deposit
$2,950
2nd Installment
1 months after contract signing
25%
3rd Installment
Down Payment part1
25%
4th Installment
Down Payment part2
25%
5th Installment
On handover
25%

Frequently Asked Questions

No pets are allowed at The Title V 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 $2 per square meter based on the size of indoor area of the property and is $57 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 The Title V the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
Rawai Beach is the nearest Beach from The Title V and it is 0.2 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 The Title V you have to follow these steps:

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

 


Installment Milestone Payment
Deposit
Booking Deposit
$2,950
2nd Installment
1 months after contract signing
25%
3rd Installment
Down Payment part1
25%
4th Installment
Down Payment part2
25%
5th Installment
On handover
25%

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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Interesting condo
Anna M., Belgium, 4 years ago
I've searched for information about this project for some time. It is an interesting one. The room that we are interested in is a one-bedroom unit; the size is considered okay, not too narrow. The design looks simple and cozy. Another interesting feature here is that The project will be divided into 2 zones, the Residential units, and the investment units. I want to buy it for investment because this condo's location is quite reasonable within a few mins to Rawai Beach. Also, Phuket is a touristy place. I'm quite sure that I'll get good benefits in return. It's under the management of the Best Western hotel chain, world-class hotels, so I'm pretty confident. Within the project, there is a swimming pool, restaurant, and fitness center. It's easy to get around, as it's not far from the city, which takes just half an hour driving to Central Foresta. It's pretty far from the airport, though. Overall, it's okay.
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Title V

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Rawai, Phuket Town, Phuket
Number of units
171
Sales Prices
$111.81K - $493.61K
Monthly Rentals
N/A
Year Built
Sep 2026
Completion Status
Off Plan
Location
Rawai, Phuket Town, Phuket
Number of units
40
Sales Prices
$481.56K - $1.08M
▼ -3.9% underpriced
Monthly Rentals
$3.25K - $17.71K
Year Built
Jan 2015
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
240
Sales Prices
$93.21K - $171.19K
▲ 8% overpriced
Monthly Rentals
$826 - $2.36K
Year Built
Nov 2016
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
280
Sales Prices
$94.45K - $274.49K
▲ 9.3% overpriced
Monthly Rentals
$649 - $1.62K
Year Built
Jan 2018
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
86
Sales Prices
$174.14K - $587.35K
▼ -4% underpriced
Monthly Rentals
$2.07K - $2.51K
Year Built
Jun 2020
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
48
Sales Prices
$106.99K - $350.49K
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
69
Sales Prices
$112.16K - $295.15K
▼ -22% underpriced
Monthly Rentals
$826 - $2.36K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Rawai Villas
Location
Rawai, Phuket Town, Phuket
Number of units
18
Sales Prices
$1.12M
▲ 2% overpriced
Monthly Rentals
$2.51K
Year Built
Oct 2006
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
516
Sales Prices
$118.06K - $627.26K
▲ 1.3% overpriced
Monthly Rentals
$1.62K
Year Built
Mar 2022
Completion Status
Completed
Project Name
Enigma Residence
Location
Rawai, Phuket Town, Phuket
Number of units
164
Sales Prices
$135.64K - $502.17K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
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