The Beachfront

5 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U628126
10% GUAR. RETURN FOR 5 YEARS
฿5,500,000 ฿7,000,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
45 SqM Size
Floors
3 Floor
Construction
Oct 2019 Completed

Studio Condo for sale at The Beachfront

This property is a 45 SqM studio condo 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 condo for a base price of ฿5,500,000 (฿122,222/SqM).

the beachfront Brand new serviced apartment

The brand-new serviced apartment has no transfer taxes and fees. It has signed a buyback and leaseback agreement with the developer, and can get 400,000 baht per year, and the developer will buy back after 10 years.

Features

Ocean AccessOcean Access Pool AccessPool Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen Renovated BathroomRenovated Bathroom

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 45 SqM
Price per SqM ฿122,222
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
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) Partial Sea View, 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.
฿2,475/mo
Listed By
Private Owner
Date Listed Jul 26, 2020
Last Updated 6 months ago
Unit ID U628126

Price Analysis

Fair Price
Estimated market value ฿5,220,116
Great
฿4,800,000
Good
Fair
Above
฿5,880,000
Current asking Price: ฿5,500,000
This condo is ฿279,884 ABOVE MARKET (5%) 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
฿5,500,000
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.
฿2,475/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

Available Units at The Beachfront

Get notified when new homes are being added to The Beachfront

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 ฿2,475 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.
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

Do you own a property at The Beachfront?

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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, 8 months 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

Location and Neighborhood

Street View

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