The Proud Condominium

4.17 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U40118
8% GUAR. RETURN FOR 3 YEARS
฿4,401,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
37.37 SqM Size
Floors
4 Floor
Construction
May 2020 Completed

1 Bedroom Condo for sale at The Proud Condominium

This property is a 37.37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Proud Condominium project in Rawai, Phuket and was completed in May 2020. You can buy this condo for a base price of ฿4,401,000 (฿117,768/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 37.37 SqM
Price per SqM ฿117,768
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, Thai Quota, Company
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) Sea View
Unit Type 1BR Superior
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.
฿1,869/mo
Listed By
Developer
Date Listed Nov 16, 2017
Last Updated 7 months ago
Unit ID U40118

Price Analysis

Great Price
Estimated market value ฿4,750,748
Great
฿4,120,000
Good
Fair
Above
฿4,280,000
Current asking Price: ฿4,401,000
This condo is ฿349,748 BELOW MARKET (-7%) 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
฿4,401,000
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.
฿1,869/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 Condominium
Developer: The Proud
Construction: Completed (May 2020)
Floors: 5
Buildings: 1
Units: 48
Project Area: 960 SqM
Nearest Landmark Rawai Beach - 0.2 Km
Location: Rawai, Phuket Town, Phuket
The Proud 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

Popular Facilities at The Proud Condominium

  • Communal Pool
    Rooftop
  • Reception / Lobby Area
    1st Floor

Available Units at The Proud Condominium

Favorite
Compare
Available Units at The Proud Condominium
฿100,000
Good Price
Beds 2 Beds
Baths 1 Baths
Size 69.76 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 33.30 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿101,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39.28 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Beds 2 Beds
Baths 1 Baths
Size 69.76 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,900
Good Price
Beds 1 Beds
Baths 1 Baths
Size 33.30 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 30.54 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿100,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39.28 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,900
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39.28 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿130,114
Beds 1 Beds
Baths 1 Baths
Size 35.36 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿100,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37.37 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿117,768
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37.37 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿131,215
Good Price
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿101,000
Good Price
Beds 2 Beds
Baths 1 Baths
Size 69.76 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Beds 1 Beds
Baths 1 Baths
Size 39.28 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 30.54 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿105,761
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39.30 SqM Size
Floor 4 Floor
Leasehold Unfurnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿124,140
Good Price
Beds 1 Beds
Baths 1 Baths
Size 37.37 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,900
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.77 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,900
Good Price
Beds 1 Beds
Baths 1 Baths
Size 32.77 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 32.77 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.77 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Proud Condominium
฿106,900
Good Price
Beds 1 Beds
Baths 1 Baths
Size 30.54 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Sea View
Get notified when new homes are being added to The Proud Condominium

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
On handover
65%

Frequently asked questions

No pets are allowed at The Proud 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,869 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 Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
The Proud Condominium offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Rawai Beach is the nearest Beach from The Proud 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 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
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
On handover
65%

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

Do you own a property at The Proud Condominium?

Find out how much your property is worth and start your listing for free.

Reviews

4.2 out of 5 4.17
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
4.2 Ariane Stlawrence, Mexico, 1 year 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

Similar Units

Favorite Compare
  • 6% Rental Yield
฿3,900,000
2 2 102 SqM Apartment

Sawara Residence

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
฿4,420,000
2 2 70 SqM Condo

Saiyuan Buri Condominium

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 8% Rental Yield
฿4,700,000 ฿5,400,000
2 2 64 SqM Condo

The Title Rawai Phase 1-2

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 8% Rental Yield
฿5,080,000
2 2 63.52 SqM Condo

The Title Rawai Phase 1-2

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
฿5,000,000
2 3 115 SqM Apartment

Palm Breeze Resort

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 9% Rental Yield
฿5,000,000
2 1 63 SqM Condo

The Title Rawai Phase 3

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 2 YEARS
฿4,299,000
Studio 1 28.60 SqM Condo

Wyndham La Vita

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 2 YEARS
฿5,199,000
1 1 35.40 SqM Condo

Wyndham La Vita

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 8% Rental Yield
  • 3D Virtual Tour
฿4,896,000
2 1.5 63 SqM Condo

The Title Rawai Phase 1-2

Rawai, Phuket Town, Phuket, Thailand
Favorite Compare
  • 6% Rental Yield
฿4,670,000
1 1 46.38 SqM Condo

The Title Rawai Phase 3

Rawai, Phuket Town, Phuket, Thailand

Projects Nearby The Proud Condominium

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
Project Name
Rawai Villas
Location
Phuket Town, Phuket, Thailand
Number of units
18
Sales Prices
฿35M
▲ 7% overpriced
Monthly Rentals
฿160K
Year Built
Oct 2006
Completion Status
Completed
Project Name
Wyndham La Vita
Location
Phuket Town, Phuket, Thailand
Number of units
516
Sales Prices
฿4.29M - ฿14.3M
▲ 0.3% overpriced
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
240
Sales Prices
฿2.67M - ฿7.89M
▼ -1.8% underpriced
Monthly Rentals
฿9.99K - ฿51K
Year Built
Nov 2016
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
69
Sales Prices
฿3.01M - ฿20.8M
▲ 0.6% overpriced
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
3
Sales Prices
฿7.89M
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
86
Sales Prices
฿5.08M - ฿11.5M
▼ -0.4% underpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
69
Sales Prices
฿8.79M - ฿12.5M
▲ 6% overpriced
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Project Name
The Title V
Location
Phuket Town, Phuket, Thailand
Number of units
228
Sales Prices
฿3.39M - ฿9.5M
▼ -1.8% underpriced
Monthly Rentals
N/A
Year Built
May 2021
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
280
Sales Prices
฿2.88M - ฿8.49M
▲ 5.7% overpriced
Monthly Rentals
฿8.99K - ฿69.9K
Year Built
Jan 2018
Completion Status
Completed
Project Name
VIP Galaxy Villas
Location
Phuket Town, Phuket, Thailand
Number of units
100
Sales Prices
฿16.3M - ฿29.1M
▲ 1.6% overpriced
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Off Plan
Back to top