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    Studio Condo for sale at The Proud Rawai Condominium
    Rawai, Phuket Town,Phuket
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    Sale Price
    $120,000
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    Studio Condo for sale at The Proud Rawai Condominium
    (1 Review)
    Unit ID: U1689232
    8% GUAR. RETURN FOR 3 YEARS
    Rawai, Phuket Town,Phuket
    $120,000
    Studio Bedroom
    1
    Bathroom
    344 Sqft
    Size
    4
    Floor
    May 2020
    Completed
    8
    Sale Price
    $120,000

    About This Condo

    This property is a 344 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in May 2020. You can buy this condo for a base price of $120,000 ($348/Sqft).

    Features

    BeachfrontBeachfront BalconyBalcony Fully RenovatedFully Renovated (2023)

    Basic Information

    Date Listed Feb 28, 2024
    Updated 7 months ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 344 Sqft
    Price per Sqft $348
    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%.

    N/A
    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 The Proud Condominium
    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.
    $47/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1689232

    Investment Opportunity: Charges & Yield

    Sale Price
    $120,000
    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.
    $47/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
    Guaranteed Rental Return
    8%
    Guarantee Duration
    3 Years

    Project Details

    Project Name: The Proud Rawai Condominium
    Developer: Art House Group
    Construction: Completed (May 2020)
    Floors: 5
    Buildings: 1
    Units: 48
    Project Area: 10,333 Sqft
    Nearest Landmark Rawai Beach - 0.2 Km
    Location: Rawai, Phuket
    The Proud Rawai Condominium Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Steam Room Steam Room
    Reception / Lobby Area Reception / Lobby Area
    Yoga Area Yoga Area
    Communal Garden Area Communal Garden Area
    Cafe Cafe

    Popular Facilities at The Proud Rawai Condominium

    • All
    • Fitness
    • Leisure
    • Convenience
    8
    • Communal Pool
      Rooftop
    • Reception / Lobby Area
      1st Floor
    • Communal Gym
      1st Floor
    • Communal Garden Area
      1st Floor
    • On Site Restaurant
      Rooftop
    • Cafe
      Rooftop

    Available Units at The Proud Rawai Condominium

    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Updated 2 weeks ago
    Available Units at The Proud Rawai Condominium
    $131,000
    $370/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 355 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Proud Rawai Condominium
    $126,000
    $355/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 355 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished City View
    Available Units at The Proud Rawai Condominium
    $120,000
    $348/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 344 Sqft Size
    Floor 4 Floor
    Fully Furnished Mountain View
    Available Units at The Proud Rawai Condominium
    $106,000
    $322/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 329 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $347,000
    $462/Sqft
    Beds 2 Beds
    Baths 1 Baths
    Size 751 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $257,000
    $346/Sqft
    Beds 2 Beds
    Baths 1 Baths
    Size 743 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $121,000
    $287/Sqft
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 423 Sqft Size
    Floor 4 Floor
    Leasehold Unfurnished Sea View
    Available Units at The Proud Rawai Condominium
    $139,000
    $398/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 348 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $142,000
    $416/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 342 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $142,000
    $433/Sqft
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 329 Sqft Size
    Floor 5 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $164,000
    $500/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 329 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $164,000
    $458/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 358 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $164,000
    $389/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 423 Sqft Size
    Floor 5 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $190,000
    $545/Sqft
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 348 Sqft Size
    Floor 5 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $201,000
    $475/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 423 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $201,000
    $560/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 358 Sqft Size
    Floor 5 Floor
    Leasehold Fully Furnished Sea View
    Available Units at The Proud Rawai Condominium
    $234,000
    $581/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 402 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Sea View
    Get notified when new homes are being added to The Proud Rawai Condominium
    View All (17)

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    Frequently Asked Questions

    No pets are allowed at The Proud Rawai 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 $1 per square meter based on the size of indoor area of the property and is $47 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 Proud Rawai Condominium the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Rawai Beach is the nearest Beach from The Proud Rawai Condominium 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 Proud Rawai Condominium you have to follow these steps:

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

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $4,380
    1st Installment
    within 90 days
    100%

    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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice small condo to live in
    Ariane Stlawrence, Mexico, 5 years ago
    It's a small quality project. The prices are reasonable, and the project location is situated near Rawai Beach. There is a shuttle bus service to Nai Harn Beach, which we don't need to walk at all and take time to have a rest. My room is a 1-bedroom and 1 bathroom. The interior is spacious and fully furnished, decorated with bright colors of white and brown. When it is exposed to daylight, it gives a warm sense and is not too hot. The windows and balcony doors can be opened and closed. The breezes and sunlight reach my room and make my room more pleasant. There is a communal pool with sunbeds and a small bar on the rooftop to comfortably enjoy the evening atmosphere. The on-site is beautifully designed as well. Besides, the security system is good, and the guards are cute, who always there to serve. Overall, it is an ideal project for people who like to travel to the beach and peace. This project meets the needs of our lives perfectly and close to the beach. For those who are looking for this kind of condo, you can visit the sales gallery here.
    Phuket
    Rawai

    Neighborhood Overview

    Location and Neighborhood

    Street View

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