Pandora Residences

4.47 (6 Reviews)

Rawai, Phuket Town,Phuket

Unit ID: U23119
฿17,700,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
309.80 SqM Size
Floors
1 Floor
Construction
Nov 2016 Completed

3 Bedroom Apartment for sale at Pandora Residences

This property is a 309.80 SqM apartment with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Pandora Residences project in Rawai, Phuket and was completed in Nov 2016. You can buy this apartment for a base price of ฿17,700,000 (฿57,134/SqM).

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Apartment
Floor 1
Bedrooms 3
Size 309.80 SqM
Price per SqM ฿57,134
Apartment 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
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) Sea View, Pool View, Garden View
Unit Type Luxury
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.
฿15,490/mo
Listed By
Developer
Date Listed Jan 23, 2017
Last Updated 2 years ago
Unit ID U23119

Price Analysis

Good Price
Estimated market value ฿18,090,347
Great
฿17,900,000
Good
Fair
Above
฿20,900,000
Current asking Price: ฿17,700,000
This apartment is ฿390,347 BELOW MARKET (-2%) in the Phuket area. It is analyzed against similar apartments & flats 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
฿17,700,000
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.
฿15,490/mo

Project Details

Project Name: Pandora Residences
Developer: EVG Development
Construction: Completed (Nov 2016)
Floors: 3
Buildings: N/A
Units: 14
Project Area: N/A
Nearest Landmark Rawai Beach - 0.7 Km
Location: Rawai, Phuket Town, Phuket
Pandora Residences Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa

Loan Calculator

Payment Plan

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
30%
2nd Installment
On Key
60%
3rd Installment
On handover
10%

Frequently asked questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿15,490 for this apartment. 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 Pandora Residences 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 Pandora Residences and it is 0.7 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 Pandora Residences you have to follow these steps:

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

 


Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
30%
2nd Installment
On Key
60%
3rd Installment
On handover
10%

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
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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

4.5 out of 5 4.47
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
There are complete facilities. The service is excellent.
4.7 Chris Clonts, United Kingdom, 1 year ago
The condo services are good. The project site is convenient, and the rooms are luxurious and modern. The condo atmosphere is private, suitable for relaxing. My room is on the 3rd floor with a beautiful view. A housekeeper is cleaning the room daily. The location is located close to tourist attractions, whether Yanui Beach, Rawai Beach, and Promthep cape. It is easily accessible to go everywhere.
It was my family's best vacation this year.
4.7 Emma Louis, Australia, 2 years ago
We are here on vacation and spend 3-months living on this project. The villa is in a luxury class with 3 bedrooms. There is a rooftop terrace and a private Jacuzzi. The room is modern, beautiful, and spacious. I love the atmosphere here, cozy and friendly, and the staff is professional. The project also has a shuttle bus to Nai Harn Beach, a beautiful and romantic beach, especially in the evenings. It is still easy to find something to eat around the project. There are plenty of international restaurants, also a convenience store.
Luxurious serviced apartment on the hill
4.3 Violet Reid, New Zealand, 2 years ago
The place is a luxurious, serviced apartment in the Rawai area. I booked this villa for my friends visiting Thailand. The room has 3 bedrooms, spacious and stylish. The project is private with security systems for 24 hours. The unit I rented doesn't have a private swimming pool, but you can use a large project communal pool. It can be a bit noisy when the families with kids used the pool. The project isn't by the pool as it's on the hill with a sea view. Renting a car or a bike would be more convenient.
Excellent experience!
5 Summer Anderson, United States, 2 years ago
It was an excellent experience to stay here. Our family spent 3 months of vacation living in Pandora Residences. The project is located on a hill. The room with a sea view. Very nice atmosphere. There are 3 bedrooms with spacious space and luxury furniture. It offers a very luxurious sense, including a Jacuzzi and car park. The project also has a communal swimming pool for service. The staff is also lovely. The service was very impressive.
Chinese people invest here a lot because of the excellent location
3.7 Jessica Ivanov, Russia, 3 years ago
The project here is considered beautiful, and the view is very significant. It makes the Chinese investors invest quite a lot, and I think it's worth the investment and stays. The project here gives you privacy at a reasonable price. Inside the condo is a 3 bedroom unit with fully furnished. There are sofas and a very modern home theater here. The swimming pool is beautifully designed, but it is not suitable for swimming because it is too small.
I’m quite impressed with this place
4.5 Martin Denis, Belgium, 3 years ago
My family and I had the opportunity to stay here during our recent vacation. Personally, I’m quite impressed with this place. The room that my family and I stayed in is a 3-bedroom unit. The spacious isn’t large, but well-designed. As the project is on the hill, we can enjoy the panoramic sea view from the room. Overall, it’s great, but traveling can be difficult. There are rarely restaurants and convenience stores nearby. I recommend renting a car as it will make traveling much more manageable.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

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