Studio Apartment for sale at The Beachfront

5 (1 Review)
Rawai, Phuket Town,Phuket
Unit ID: U15549
10% GUAR. RETURN FOR 5 YEARS
฿3,692,945
Studio Bedroom
1 Bathroom
34.60 SqM Size
3 Floor
Oct 2019 Completed

About This Apartment

This property is a 34.60 SqM studio apartment with 1 bathroom that is available for sale. It is part of the The Beachfront project in Rawai, Phuket and was completed in Oct 2019. You can buy this apartment for a base price of ฿3,692,945 (฿106,733/SqM).

Basic Information

Property Type Apartment
Floor 3
Bedroom Studio
Size 34.60 SqM
Price per SqM ฿106,733
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%.

N/A
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Sea View
Unit Type N/A
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.
฿1,903/mo
Listed By
Developer
Date Listed Nov 3, 2016
Last Updated 3 years ago
Unit ID U15549

Investment Opportunity: Charges & Yield

Sale Price
฿3,692,945
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.
฿1,903/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.
10
Guaranteed Rental Return
10%
Guarantee Duration
5 Years

Project Details

Project Name: The Beachfront
Construction: Completed (Oct 2019)
Floors: 4
Buildings: N/A
Units: 220
Project Area: N/A
Nearest Landmark Nai Harn Beach - 6.3 Km
Location: Rawai, Phuket Town, Phuket
The Beachfront Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Payment Plan

Option I: Reservatoin fee = 200,000 THB
Installment Milestone Payment
Reservation Deposit
Within 21 days afer Reservation
100%
Option II: Reservation fee = 200,000 THB
Installment Milestone Payment
Deposit
Within 21 days after Reservation
50%
1st Installment
Within 60 days after Reservation
50%
Optoin III: Reservation fee = 200,000 THB
Installment Milestone Payment
Deposit
Within 21 days after Reservation
35%
1st Installment
Within 30 days after Deposit
35%
2nd Installment
Within 30 days after 1st Installment
30%

Frequently Asked Questions

The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿1,903 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.
The Beachfront offers a guaranteed rental return of 10% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Nai Harn Beach is the nearest Beach from The Beachfront and it is 6.3 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 Beachfront you have to follow these steps:

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

 


Option I: Reservatoin fee = 200,000 THB
Installment Milestone Payment
Reservation Deposit
Within 21 days afer Reservation
100%
Option II: Reservation fee = 200,000 THB
Installment Milestone Payment
Deposit
Within 21 days after Reservation
50%
1st Installment
Within 60 days after Reservation
50%
Optoin III: Reservation fee = 200,000 THB
Installment Milestone Payment
Deposit
Within 21 days after Reservation
35%
1st Installment
Within 30 days after Deposit
35%
2nd Installment
Within 30 days after 1st Installment
30%

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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Newly resort and high privacy
5 Haisley 888, United States, 1 year ago
The resort is brand new. The lobby, swimming pool, and fitness center are well maintained and clean. The staff is friendly and helpful. I'm delighted with the restaurant's service. Although there isn't much food to choose from, the taste is good. There is both Thai and Western food available at fair prices. There is also a shuttle bus service to Nai Harn Beach, but you must reserve in advance. My room is a Pool Access 2-bedroom, spacious with complete furniture. In addition, there is a small kitchen corner where you can cook. The surrounding environment is serene. Due to COVID's time, the room price is reasonable, and there aren't many guests. The value of privacy is high. Really enjoy it here!
Phuket
Rawai

Neighborhood Overview

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