Naiharn Sea Condominium

4.67 (2 Reviews)

Rawai, Phuket Town,Phuket

Unit ID: U141364
7% GUAR. RETURN FOR 3 YEARS
฿3,500,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35 SqM Size
Floors
6 Floor
Construction
Dec 2019 Completed

1 Bedroom Condo for sale at Naiharn Sea Condominium

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Naiharn Sea Condominium project in Rawai, Phuket and was completed in Dec 2019. You can buy this condo for a base price of ฿3,500,000 (฿100,000/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 35 SqM
Price per SqM ฿100,000
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, 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) Mountain View, Garden 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.
฿2,100/mo
Listed By
Private Owner
Date Listed Nov 26, 2018
Last Updated 1 year ago
Unit ID U141364

Price Analysis

Great Price
Estimated market value ฿4,117,486
Great
฿3,730,000
Good
Fair
Above
฿4,660,000
Current asking Price: ฿3,500,000
This condo is ฿617,486 BELOW MARKET (-15%) in the Phuket area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
฿2,100/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: Naiharn Sea Condominium
Construction: Completed (Dec 2019)
Floors: 8
Buildings: N/A
Units: 79
Project Area: N/A
Nearest Landmark Nai Harn Beach - 2.4 Km
Location: Rawai, Phuket Town, Phuket
Naiharn Sea Condominium Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Available Units at Naiharn Sea Condominium

Get notified when new homes are being added to Naiharn Sea Condominium

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
30%
3rd Installment
30%
4th Installment
On handover
10%

Frequently asked questions

The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿2,100 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 Naiharn Sea Condominium the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Naiharn Sea 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.
Nai Harn Beach is the nearest Beach from Naiharn Sea Condominium and it is 2.4 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 Naiharn Sea 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
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
30%
3rd Installment
30%
4th Installment
On handover
10%

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

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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Reviews

4.7 out of 5 4.67
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The staff is super helpful. Excellent environment
4.8 Payton Ivanov, Russia, 1 year ago
The project has a lot of Russian tourists living there, so almost every sign and menu are available in Russian. The staff is friendly and helpful. The manager is the best. The project has a large swimming pool, a shop, and a free shuttle service to Nai Harn Beach, which should be reserved in advance. The environment is quiet and cozy. I lived in a one-bedroom apartment with a living room and a small kitchen corner that was completely equipped with knives, plates, bowls, glasses, and other items. If you want to cook by yourself, it is convenient. The location is excellent; various amenities, such as massage shops, bars, and restaurants, are within walking distance. There's no need for anything else. I'm impressed. Recommended!
It's a very memorable experience to stay
4.5 Richard Schneider, Germany, 2 years ago
It's a very memorable experience to stay. My room is a one-bedroom room, medium size, and well-decorated. A massage parlor on the project's ground floor allows me to relax without going out of the project. The staff is very helpful. The project's location is not far from Nai Harn beach, only takes 5 minutes by car. You will definitely come back to stay here again.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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