Elite Atoll

4.83 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U662212
฿10,735,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
85.88 SqM Size
Floors
4 Floor
Construction
Apr 2021 Completed

2 Bedroom Condo for sale at Elite Atoll

This property is a 85.88 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Elite Atoll project in Rawai, Phuket and was completed in Apr 2021. You can buy this condo for a base price of ฿10,735,000 (฿125,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 85.88 SqM
Price per SqM ฿125,000
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%.

Leasehold
Furniture
Available for ฿650,000
View(s) Mountain View, Partial Sea View
Unit Type Atoll Twin A - 2BR
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿5,153/mo
Listed By
Developer
Date Listed Feb 10, 2021
Last Updated 5 months ago
Unit ID U662212

Price Analysis

Great Price
Estimated market value ฿12,247,527
Great
฿9,870,000
Good
Fair
Above
฿17,100,000
Current asking Price: ฿10,735,000
This condo is ฿1,512,527 BELOW MARKET (-12%) 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
฿10,735,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿5,153/mo

Project Details

Project Name: Elite Atoll
Construction: Completed (Apr 2021)
Floors: 6
Buildings: 1
Units: 34
Project Area: 3,200 SqM
Nearest Landmark Nai Harn Beach - 2 Km
Location: Rawai, Phuket Town, Phuket
Elite Atoll Project Details

Project Features

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

Popular Facilities at Elite Atoll

  • Communal Pool
    5th Floor

Available Units at Elite Atoll

Get notified when new homes are being added to Elite Atoll

Loan Calculator

Payment Plan

Atoll Suite
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%
Atoll Twin
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%
Atoll Duplex
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%

Frequently asked questions

No pets are allowed at Elite Atoll 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 ฿60 per square meter based on the size of indoor area of the property and is ฿5,153 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 Elite Atoll the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Nai Harn Beach is the nearest Beach from Elite Atoll and it is 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 Elite Atoll you have to follow these steps:

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

 


Atoll Suite
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%
Atoll Twin
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%
Atoll Duplex
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
50%
2nd Installment
On handover
50%

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

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very suitable for healthy people!
4.8 Tony D., Italy, 5 months ago
I am a healthy person looking for new investment opportunities, and this project is just precisely what I need. It focuses on giving healthcare to the residents. There is a clubhouse, fitness center, and swimming pool. The wellness program is mainly about nutrition and dietary as well as hotel-standard services. I think the project has a bright opportunity for investment as its location is an area where many foreigners live, making it easy to rent out in the future. Also, the project is located near the community between Rawai and Nai Harn. It has complete facilities such as convenience stores, shops, and restaurants, and takes only a short drive to the beaches, which is quite interesting!

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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