The Proud Residence

4.5 (2 Reviews)

Karon, Phuket Town, Phuket

7% GUARANTEED RETURN FOR 3 YEARS
For Sale 53 Units
฿4,100,000
Construction
Aug 2022 Off Plan
Floors
12 Floors
Tower
1 Building
Units
191 Units
Project Area
19,200 SqM Project Area

The Proud Residence in Karon, Phuket

The Proud Residence is a condo and apartment project located in Karon, Phuket and it is scheduled for completion in Aug 2022. It has 191 units across 12 floors and was developed by The Proud, who is also behind The Proud Condominium

About The Proud Residence

The Proud Residence is a modern condominium unique in contemporary tropical style. The architecture is outstanding, from a combination of earthy color and a touch of natural light. The project offers 1 - 2-bedroom options, starting from 35 square meters. Stunning by meticulous design from quality decorative materials. The project also provides recreational facilities, including a reception, a swimming pool, restaurants, and parking space to assure residents' comfortable living. Rises in an excellent location near Karon, the residents can also enjoy the beauty of this well-known beach.

Project Information
The Proud Residence is located at 681/3, Patak Road, Karon, Muang, Phuket. The condominium comprises 2 buildings with 7 floors and 191 residential units, expected to be completed in 2022.

Room Types
- 1 bedroom (35 sq.m)
- 2 bedrooms (60.5-70 sq.m)

Project Facilities
- Reception
- On-site restaurant
- Kids club
- Communal gym
- Sauna
- Rooftop garden
- Rooftop restaurant
- Communal pool
- Parking
- 24-hour security system
- CCTV

Additional Services
- Laundry service
- Management office

Direction to the Project
To get to the project by car, start from Karon Beach and head north on Patak Road (Route 4030) and continue for 550 meters. When you reach Karon Roundabout, Take Exit 1 to continue on Wiset Road (Route 4030) for 600 meters. Turn right into Soi Patak 24 and go straight for 110 meters; you will find the project on the left.

Features & Amenities

  • Communal Pool at The Proud Residence
    Communal Pool
    Rooftop
  • Communal Pool at The Proud Residence
    Communal Pool
    Ground Floor
  • Communal Gym at The Proud Residence
    Communal Gym
    8th Floor
  • Reception / Lobby Area at The Proud Residence
    Reception / Lobby Area
    Ground Floor
  • On Site Restaurant at The Proud Residence
    On Site Restaurant
    6th Floor
  • Sauna at The Proud Residence
    Sauna
    8th Floor

Video of The Proud Residence

  • Developer Overview

Available Units at The Proud Residence

Get notified when new homes are being added to The Proud Residence
Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Indoor Kids Zone Indoor Kids Zone
Sauna Sauna
Lounge Lounge
Communal Garden Area Communal Garden Area
Fitness
Fitness
Communal Gym Communal Gym
Convenience
Convenience
On Site Restaurant On Site Restaurant
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Key card access Key card access

Parking & Lift

Charging Stations on Site
Charging Stations on Site No

Management

Common Area Management Fee
Common Area Management 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.
฿60/SqM
Sinking Fund
Sinking Fund
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 Residence the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
฿800/SqM
Freehold Premium
Freehold Premium
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿290,000

Payment Plan

Option l
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
Structural Completion
20%
3rd Installment
Door Windows
25%
4th Installment
On completion
20%
Option ll
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
50%
2nd Installment
Structural Completion
20%
3rd Installment
Door Windows
15%
4th Installment
On completion
15%
Option lll
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
100%

Master Plan

Building Floor Plans

About the Developer - The Proud

All The Proud Projects
2 Projects 239 Units

Located in the heart of Rawai offering the Highest standards of architecture and interior design. This location is home to Phuket's first original and Historical tourist beach.

Renowned for its sophisticated character and charm and a peaceful local atmosphere, This Romantic fishermen's village famous for its fish Markets and exotic fish restaurant's offers a feeling of absolute serenity. Defined not just by its beaches or its lush coastal hills, this south most point of the island.

Is home to Promthep cape view point famous for its striking Sun sets, and also Neighbouring Nai Harn beach, regarded as the most beautiful beach in Phuket. So why not enjoy a local tail boat for some local island hoping, or snorkelling at the near by islands or the fresh catch of the day at some of Phuket's finest Fish Restaurant's or just a shopping stroll around Rawai gypsy village.

Frequently asked questions

Frequently asked questions about The Proud Residence
No pets are allowed at The Proud Residence 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 at The Proud Residence is ฿60 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Residence the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
The Proud Residence offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Karon Beach is the nearest Beach from The Proud Residence and it is 0.5 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 you have to follow these steps:

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

Option l
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
Structural Completion
20%
3rd Installment
Door Windows
25%
4th Installment
On completion
20%
Option ll
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
50%
2nd Installment
Structural Completion
20%
3rd Installment
Door Windows
15%
4th Installment
On completion
15%
Option lll
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
100%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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

4.5 out of 5 4.5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful building with all amenities
5 Milo King, United States, 4 months ago
The new project is under construction, which is a beautiful and modern design. There is a swimming pool, fitness center, restaurant, and ample parking. The rooftop also has a swimming pool and bar. The showroom is modern in design and furnished with a full set of standard furniture. There is also a small kitchen corner, great for easy cooking. The project is in a great location as well, close to Karon Beach and 5 minutes to Patong Beach, and 20 minutes to Phuket Town. However, it is a good location so it is very suitable for investment because it is the perfect location with a famous tourist attraction that can definitely get good returns.
Under construction condo in Karon with beautiful design
4 Loren D., United States, 1 year ago
It is an under-construction condo located in the Karon area. If you look at the project gallery, the design is beautiful and modern, using brown tone color. It offers a room with 35 sq.m and complete facilities, including a swimming pool, a gym, sauna, on-site restaurant, and car parking spaces. Pleasant atmosphere! It also takes a few minutes to Karon Beach. The 1 bedroom interior is quite spacious, open, airy, and complete with in-room facilities, with a kitchen for enjoying cooking and a wide living area.

Phuket

Karon

Neighborhood Overview of Karon, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Proud Residence is conveniently located just 930 m from 7-Eleven, which can be reached within 12 mins. by foot.

There are many other shops situated in the area of The Proud Residence, the 3 closest being:
- 7-eleven is 800 m away (about 10 mins. by foot)
- Hippo Mart 2 Karon convenience store is 1.2 km away (an approx. drive of 9 mins.)
- Hippo Discount Store is 1.2 km away (an approx. drive of 3 mins.)

The surrounding area, where The Proud Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Tom Yum Restaurant is 30 m away (a walk of about 1 min.)
- Take A Break Restaurant is 60 m away (a walk of about 1 min.)
- sweet & sour Restaurant is 80 m away (a walk of about 1 min.)

Phuket is the nearest health facility, which is 3.5 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of The Proud Residence are:
- What Suwankiriket School is 1.3 km away (an approx. drive of 4 mins.)
- Scuba Diving Phuket Pray Dive is 770 m away (about 10 mins. by foot)
- Chiva Resort and Spa is 1.4 km away (an approx. drive of 4 mins.)

Phuket International Airport is located 45.6 km from The Proud Residence and it takes about 1 hour 7 mins. by car or taxi (depending on the traffic) to get there.

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