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    1 Bedroom Condo for sale at Rawai Beach Condominium
    Rawai, Phuket Town,Phuket
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    Sale Price
    ฿3,850,000
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    1 Bedroom Condo for sale at Rawai Beach Condominium

    (1 Review)
    Rawai, Phuket Town,Phuket
    Unit ID: U1873092
    7% GUAR. RETURN FOR 3 YEARS
    1 Bedroom
    1 Bathroom
    36 SqM Size
    5 Floor
    Jun 2021 Completed
    (1 Review)
    Sale Price
    ฿3,850,000
    11

    About This Condo

    This property is a 36 SqM 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 ฿3,850,000 (฿106,944/SqM).

    Apartment with separate bedroom in the great location

    These apartments are in a truly luxurious location - within walking distance to Rawai beach, Yanui, 4 minutes drive to the most beautiful beach in Asia - Nai Harn. This location is great for long-term living, and as an investment, for rent to tourists. There is still the opportunity to buy an apartment next door and increase the return on investment up to 14%, since you can rent it out to groups, families and hotels. Beautiful open view from the apartment. Nearby are all the shops, a fitness club, a fight club, a yoga club, and the most picturesque hiking trail.

    Basic Information

    Date Listed Jun 14, 2024
    Updated 6 months ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 36 SqM
    Price per SqM ฿106,944
    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%.

    Foreign Quota
    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, Unblocked Open 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.
    ฿2,160/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1873092

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,850,000
    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.
    ฿2,160/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
    • All
    • Studio
    • 1 Bed
    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

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