The Title Rawai Phase 1-2

3.83 (4 Reviews)

Rawai, Phuket Town,Phuket

Unit ID: U263985
9% Rental Yield
Sold
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
40 SqM Size
Floors
2 Floor
Construction
Jan 2018 Completed

1 Bedroom Condo for sale at The Title Rawai Phase 1-2

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Title Rawai Phase 1-2 project in Rawai, Phuket and was completed in Jan 2018. You can buy this condo for a base price of ฿3,700,000 (฿92,500/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 40 SqM
Price per SqM ฿92,500
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%.

Thai 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) Park 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.
฿1,400/mo
Listed By
Private Owner
Date Listed Dec 17, 2019
Last Updated 1 year ago
Unit ID U263985

Investment Opportunity: Charges & Yield

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.
฿1,400/mo
Est. Rent
฿27,200/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.
11
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Title Rawai Phase 1-2, and the current sales price.
9%

Project Details

Construction: Completed (Jan 2018)
Floors: 4
Buildings: 7
Units: 280
Project Area: 8,000 SqM
Nearest Landmark Rawai Beach - 0.1 Km
Location: Rawai, Phuket Town, Phuket
The Title Rawai Phase 1-2 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
Direct Beach Access Direct Beach Access
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators

Popular Facilities at The Title Rawai Phase 1-2

  • Communal Pool
    Ground Floor
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Get notified when new homes are being added to The Title Rawai Phase 1-2

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Frequently asked questions

No pets are allowed at The Title Rawai Phase 1-2 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,400 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.
Rawai Beach is the nearest Beach from The Title Rawai Phase 1-2 and it is 0.1 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 Title Rawai Phase 1-2 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

Sale Price : ฿5,759,000
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Reviews

3.8 out of 5 3.83
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Fully furnished condo in Rawai
3.2 Raylene Mohn, Australia, 1 year ago
Fortunately, we got a condo in the Rawai area because it is not crowded and easy to find something to eat. There are many fresh markets and seafood restaurants around this area. If you want to cook yourself, it's super easy because there is a spacious kitchen area and full of equipment. The condo here is still new and provides a high-security system. Moreover, the project has designed a spacious balcony. My room is facing a pool view, fully furnished. Besides, the staff is very helpful. Impressed !!!
Good condominium with a short distance to Rawai Beach
4.3 Moises Torry, Spain, 1 year ago
It’s a good condominium with a short distance to Rawai Beach by motorbike. Super convenient if you want to chill by the beach. The area is full of shops and restaurants because it’s a residential area for both Thais and foreigners. Pretty quiet as it’s not an entertainment venue as in Patong. To travel around, you’d better rent a vehicle because using a taxi can be pricy. If you don’t travel a long distance, renting a bike is a better option. The condo itself is quite simple, like other condominiums, but each building has 4 floors with not many units. Overall, it’s quiet. There can be some noise from a swimming pool when families with children use it. The room is quite airy and proportioned suitable for 1-2 people. The juristic person maintains the common area nicely. Shame that there is no gym available. You have to use the nearby gym instead.
Right next to Rawai Beach
4.2 Shaunta Hausner, Austria, 2 years ago
Condo in the most convenient location, it is in the Rawai Beach area within walking distance. It's prosperous with restaurants, Thai massage shops, bars, and more. Easy access to Promthep Cape and Nai Harn Beach. The room is in a perfect size, divided into a bedroom and living area. There is a balcony with a pool view. Very clean and safe.
Good location near the beach and there is a shuttle bus.
3.7 Norah Ippolito, United Kingdom, 2 years ago
It is one of the condos that my friends and I stayed in for a month. Although it was only a short time, it didn't disappoint us because the location is close to the beach, restaurants, convenience stores, and shuttle bus service to nearby places. Besides, the on-site here consists of a clean swimming pool, a security system, and housemaids. All the staff talk so nicely with love as we can ask for the help roseately.

Phuket

Rawai

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