The Title Rawai Phase 3

4.17 (2 Reviews)

Rawai, Phuket Town,Phuket

Unit ID: U636600
9% Rental Yield
฿5,000,000 Great Price
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
63 SqM Size
Floors
1 Floor
Construction
Nov 2016 Completed

2 Bedroom Condo for sale at The Title Rawai Phase 3

This property is a 63 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Title Rawai Phase 3 project in Rawai, Phuket and was completed in Nov 2016. You can buy this condo for a base price of ฿5,000,000 (฿79,365/SqM).

Features

Private PoolPrivate Pool Garden AccessGarden Access TerraceTerrace MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 1
Bedrooms 2
Size 63 SqM
Price per SqM ฿79,365
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) Pool View, Garden View
Unit Type N/A
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.
฿2,835/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Oct 20, 2020
Last Updated 9 months ago
Unit ID U636600

Price Analysis

Great Price
Estimated market value ฿5,312,060
Great
฿4,770,000
Good
Fair
Above
฿6,900,000
Current asking Price: ฿5,000,000 | Rental estimate: ฿37,500/mo
This condo is ฿312,060 BELOW MARKET (-6%) 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
฿5,000,000
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.
฿2,835/mo
Est. Rent
฿37,500/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 2 bedroom condos at The Title Rawai Phase 3, and the current sales price.
9%

Project Details

Project Name: The Title Rawai Phase 3
Construction: Completed (Nov 2016)
Floors: 4
Buildings: 11
Units: 240
Project Area: 11,660 SqM
Nearest Landmark Rawai Beach - 0.1 Km
Location: Rawai, Phuket Town, Phuket
The Title Rawai Phase 3 Project Details

Project Features

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
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at The Title Rawai Phase 3

  • Communal Pool
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Gym
    Ground Floor
  • Sauna
    Ground Floor

Available Units at The Title Rawai Phase 3

For Sale 7 For Rent 7
Get notified when new homes are being added to The Title Rawai Phase 3

Loan Calculator

Frequently asked questions

No pets are allowed at The Title Rawai Phase 3 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 ฿45 per square meter based on the size of indoor area of the property and is ฿2,835 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 Rawai Phase 3 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 Rawai Phase 3 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 3 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
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 Title Rawai Phase 3?

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Reviews

4.2 out of 5 4.17
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great and peaceful just opposite Rawai beach
4.2 Verified Visitor, 11 months ago
Nice modern studio well equipped in a beautiful and quiet residence. Beautiful and large 2 swimming pools, a fitness, and sauna. Great location, just opposite Rawai beach. Very convenient for people who don’t want to drive in Phuket. Out of the residence, on the promenade, plenty of delicious Thai seafood and Western restaurants, massage shops (Kim Massage) and groceries. A gypsy village where you can buy fresh seafood and the restaurants will cook them for you!!! Note that you can’t swim Rawai beach, you need to go to Naiharn beach with the shuttle bus from the residence.
I love here, would definitely come back again!!
4.2 Cassaundra Mcgillivray, Canada, 1 year ago
The atmosphere of the condo is absolutely for relaxation. There are huge green spaces in the project inspired by the green of the trees and the swimming pool's blue. It makes me feel like a real resort. The room is a 1-bedroom at 47 sq.m. The living space is perfect. There is a kitchen corner, dining table, living room, and bedroom. The room floor is made of real teak wood, and the materials meet the standard. There are 3-swimming pools here, which the kids will definitely like. Plus! The surroundings are shady, quiet, and very chill. The security staff also has good service. The project is located opposite Rawai beach, just walking across the road. Next to the project, there are also many convenience stores and seafood restaurants, and within 15 minutes drive, you can get to Kata and Karon beach, which are really amazing!

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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