Rawai Beach Condominium

5 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U249181
7% GUAR. RETURN FOR 3 YEARS
฿2,000,000 ฿2,500,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
25 SqM Size
Floors
2 Floor
Construction
Jun 2021 Completed

Studio Condo for sale at Rawai Beach Condominium

This property is a 25 SqM studio condo with 1 bathroom that is available for sale. It is part of the Rawai Beach Condominium project in Rawai, Phuket and was completed in Jun 2021. You can buy this condo for a base price of ฿2,000,000 (฿80,000/SqM).

Apartment in Rawai Beach condo

A unique offer in a newly built 5-story Rawai residential complex in the south of Phuket with a secure closed area and its own infrastructure. The only studio for sale in this complex. The total number of apartments in the complex is 80, of which only 20 are such compact studios (all sold at the start of sales). A free bus to the beach and back will run from the complex. Rawai Beach is 500 meters, Yanuy Beach is 850 meters. Also in about 10 minutes you can reach the popular Nai Harn Beach. All the necessary infrastructure within walking distance from the complex: shops, restaurants, massage parlors, etc .; nearby is a Thai boxing training camp. If you wish, you can use the guaranteed income program from the developer - 7% per annum up to 3 years. In addition to using the apartment for your own residence, it is also possible to transfer to trust with a yield of about 10% per annum. Interest-free installments are provided until the end of construction - September 2020. 

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 25 SqM
Price per SqM ฿80,000
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
Unfurnished
View(s) Pool 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.
฿1,500/mo
Listed By
Private Owner
Date Listed Nov 21, 2019
Last Updated 5 months ago
Unit ID U249181

Investment Opportunity: Charges & Yield

Sale Price
฿2,000,000
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.
฿1,500/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
3 Years

Project Details

Project Name: Rawai Beach Condominium
Developer: N/A
Construction: Completed (Jun 2021)
Floors: 5
Buildings: N/A
Units: 79
Project Area: N/A
Nearest Landmark Phromthep Cape - 0.9 Km
Location: Rawai, Phuket Town, Phuket
Rawai Beach Condominium 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

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฿80,000
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 2 Floor
Leasehold Pool View
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Available Units at Rawai Beach Condominium
฿125,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Pool View
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฿106,443
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Beds 1 Beds
Baths 1 Baths
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Foreign Quota Pool View
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Available Units at Rawai Beach Condominium
฿125,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 1 Floor
Foreign Quota Pool View
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Available Units at Rawai Beach Condominium
฿97,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Pool View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿97,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Pool View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿125,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Pool View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿97,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Garden View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿97,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Garden View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿125,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Garden View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿116,667
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Pool View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿125,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Pool View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿125,000
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 5 Floor
Foreign Quota Garden View
Favorite
Compare
Available Units at Rawai Beach Condominium
฿97,000
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Garden View
Get notified when new homes are being added to Rawai Beach Condominium

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Frequently asked questions

The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿1,500 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 Rawai Beach Condominium 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 Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Phromthep Cape is the nearest Tourist Attraction from Rawai Beach Condominium and it is 0.9 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 Rawai Beach Condominium 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

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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
Perfect property for long-term investment.
5 Jason 4321, Russia, 5 months ago
I believe this condo is definitely an investment in the future. The project also includes a 7% rental guarantee for up to 3 years. In addition, the condo is located in the perfect location to relax, and it takes only a few minute's walks to Yanui Beach. There are completed facilities for residents of all ages, such as a swimming pool, fitness center, kids playground, and garden. The most important thing is the affordable price, starting from 2 million baht.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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