The Proud Residence

(2 Reviews)

Karon, Phuket Town,Phuket

Unit ID: U1053500

7% GUAR. RETURN FOR 5 YEARS

฿6,930,000

2 Bedrooms

1 Bathroom

60.50 SqM Size

1 Floor

Aug 2022 Off Plan

(2 Reviews)

Sale Price

฿6,930,000

2 Bedroom Condo for sale at The Proud Residence

This property is a 60.50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Proud Residence project in Karon, Phuket and it is scheduled for completion in Aug 2022. You can buy this condo for a base price of ฿6,930,000 (฿114,545/SqM).

Features

Balcony

Basic Information

Property Type Condo

Floor 1

Bedrooms 2

Size 60.50 SqM

Price per SqM ฿114,545

Condo Ownership

Foreign Quota, Thai Quota, Leasehold, Company

Furniture

Available for ฿280,000

View(s) Sea View

Unit Type 2BR

Building N/A

CAM Fee

฿3,630/mo

Listed By

Developer

Date Listed Jan 20, 2022

Last Updated 3 months ago

Unit ID U1053500

Investment Opportunity: Charges & Yield

Sale Price

฿6,930,000

CAM Fee

฿3,630/mo

Price-to-Rent Ratio

Guaranteed Rental Return

Guarantee Duration

5 Years

Project Details

Project Name: The Proud Residence

Developer: Art House Group

Construction: Off Plan (Aug 2022)

Floors: 12

Buildings: 1

Units: 191

Project Area: 19,200 SqM

Nearest Landmark Karon Beach - 0.5 Km

Location: Karon, Phuket Town, Phuket

The Proud Residence Project Details

Project Features

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Car Parking

Sauna

Reception / Lobby Area

Lounge

Communal Garden Area

Laundry Facilities / Dry Cleaning

Back Up Generators

Key card access

Popular Facilities at The Proud Residence

Communal Pool

Ground Floor
Communal Pool

Rooftop
Communal Gym

8th Floor
Reception / Lobby Area

Ground Floor
On Site Restaurant

6th Floor
Sauna

8th Floor

Available Units at The Proud Residence

All
1 Bed
2 Beds
All

Foreign Quota Unfurnished Mountain View

Foreign Quota Unfurnished Sea View

Get notified when new homes are being added to The Proud Residence

Loan Calculator

Payment Plan

Option l

Installment Milestone Payment

Reservation Deposit

Immediately

฿150,000

1st Installment

Upon contract signing

35%

2nd Installment

Structural Completion

20%

3rd Installment

Door Windows

25%

4th Installment

On completion

20%

Option ll 5% Discount

Installment Milestone Payment

Reservation Deposit

Immediately

฿150,000

1st Installment

Upon contract signing

50%

2nd Installment

Structural Completion

20%

3rd Installment

Door Windows

15%

4th Installment

On completion

15%

Option lll 10% Discount 5% Return per year until completion

Installment Milestone Payment

Reservation Deposit

Immediately

฿150,000

1st Installment

Upon contract signing

100%

Frequently asked questions

No pets are allowed at The Proud Residence 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 ฿3,630 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 Residence the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.

The Proud Residence offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.

Karon Beach is the nearest Beach from The Proud Residence and it is 0.5 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.

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Reviews

4.5 out of 5

Based on

2 Reviews

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Beautiful building with all amenities

Milo King, United States, 11 months ago

The new project is under construction, which is a beautiful and modern design. There is a swimming pool, fitness center, restaurant, and ample parking. The rooftop also has a swimming pool and bar. The showroom is modern in design and furnished with a full set of standard furniture. There is also a small kitchen corner, great for easy cooking. The project is in a great location as well, close to Karon Beach and 5 minutes to Patong Beach, and 20 minutes to Phuket Town. However, it is a good location so it is very suitable for investment because it is the perfect location with a famous tourist attraction that can definitely get good returns.

Under construction condo in Karon with beautiful design

Loren D., United States, 1 year ago

It is an under-construction condo located in the Karon area. If you look at the project gallery, the design is beautiful and modern, using brown tone color. It offers a room with 35 sq.m and complete facilities, including a swimming pool, a gym, sauna, on-site restaurant, and car parking spaces. Pleasant atmosphere! It also takes a few minutes to Karon Beach. The 1 bedroom interior is quite spacious, open, airy, and complete with in-room facilities, with a kitchen for enjoying cooking and a wide living area.