The Title V

4.67 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U179327
฿4,588,650 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
40.50 SqM Size
Floors
4 Floor
Construction
May 2021 Completed

1 Bedroom Condo for sale at The Title V

This property is a 40.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Title V project in Rawai, Phuket and was completed in May 2021. You can buy this condo for a base price of ฿4,588,650 (฿113,300/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 40.50 SqM
Price per SqM ฿113,300
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, Leasehold, Company
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type 1BR
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.
฿2,228/mo
Listed By
Developer
Date Listed Sep 23, 2019
Last Updated 2 months ago
Unit ID U179327

Price Analysis

Great Price
Estimated market value ฿4,951,411
Great
฿4,370,000
Good
Fair
Above
฿5,870,000
Current asking Price: ฿4,588,650
This condo is ฿362,761 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
฿4,588,650
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.
฿2,228/mo

Project Details

Project Name: The Title V
Construction: Completed (May 2021)
Floors: 5
Buildings: 4
Units: 228
Project Area: 8,400 SqM
Nearest Landmark Rawai Beach - 0.2 Km
Location: Rawai, Phuket Town, Phuket
The Title V Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Title V

  • Communal Pool
    Ground Floor

Available Units at The Title V

Get notified when new homes are being added to The Title V

Loan Calculator

Payment Plan

Installment Milestone Payment
Deposit
Booking Deposit
฿100,000
2nd Installment
1 months after contract signing
25%
3rd Installment
Starrting of Construction and Foundation
25%
4th Installment
% construction completion
25%
5th Installment
On handover
25%

Frequently asked questions

No pets are allowed at The Title V 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 ฿55 per square meter based on the size of indoor area of the property and is ฿2,228 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 Title V 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 is the nearest Beach from The Title V 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 Title V you have to follow these steps:

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

 


Installment Milestone Payment
Deposit
Booking Deposit
฿100,000
2nd Installment
1 months after contract signing
25%
3rd Installment
Starrting of Construction and Foundation
25%
4th Installment
% construction completion
25%
5th Installment
On handover
25%

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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Interesting condo
4.7 Anna M., Belgium, 11 months ago
I've searched for information about this project for some time. It is an interesting one. The room that we are interested in is a one-bedroom unit; the size is considered okay, not too narrow. The design looks simple and cozy. Another interesting feature here is that The project will be divided into 2 zones, the Residential units, and the investment units. I want to buy it for investment because this condo's location is quite reasonable within a few mins to Rawai Beach. Also, Phuket is a touristy place. I'm quite sure that I'll get good benefits in return. It's under the management of the Best Western hotel chain, world-class hotels, so I'm pretty confident. Within the project, there is a swimming pool, restaurant, and fitness center. It's easy to get around, as it's not far from the city, which takes just half an hour driving to Central Foresta. It's pretty far from the airport, though. Overall, it's okay.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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