The Proud Condominium

4 (1 Review)

Rawai, Phuket Town, Phuket

8% GUARANTEED RETURN FOR 3 YEARS
May 2020 Completed
5 Floors
48 Units

The Proud Condominium in Rawai, Phuket

The Proud Condominium is a condo and apartment project located in Rawai, Phuket and was completed in May 2020. It has 48 units across 5 floors and was developed by The Proud, who is also behind The Proud Residence

About The Proud Condominium

The Proud Condominium is a luxury condominium in a romantic style, and close to Rawai Beach, Promthep Cape, and Nai Harn Beach, all considered the famous tourist attractions in Phuket. It allows the residents to commune with nature, the sky, and quiet beaches. It has been thoughtfully and outstandingly designed by integrating 3 king construction companies: Escore Properties solution, 23 degrees, Teem combined, and Art House Development, a contractor company. The project design is guaranteed by many quality masterpieces to combine different ideas to get a quality project and match the residents' lifestyles.

The project has carefully chosen ceramic, granite, and mosaic tiles to decorate the floor and wall. The room decors have been decorated in natural colors, emphasizing the white and brown tones, reflecting well with the outside light. The residents can enjoy the beach and sunset views from the balcony and the rooftop. Also, there is an infinity-edge pool and rooftop bar where the residents can spend their leisure time. Moreover, the rooms are fully furnished with luxury and modern furniture, well-match the residents' lives.

Project Information
The Proud Condominium is a 5-story low-rise condominium developed by The Prong consisting of 48 residential units, completed in 2020 (ready-to-move-in). It is located at 66/18 Moo5, Rawai, Muang, Phuket.

Room Types and Details
- 1 Bedroom (30.54-39.29 sq.m)
- 2 Bedrooms (69.76 sq.m)

Project Facilities
- Passenger Lifts
- Car Parking
- Lobby Hall
- On-Site Restaurant
- Infinity-Edge Pool with sea view
- Sunbathing Area
- Yoga Room
- Steam Room
- Rooftop Bar
- Shuttle Bus Service to the Naiharn Beach
- CCTV
- 24 hours of Security System

Additional Service
Laundry Service

Direction to the Project
To get to the project by car, you can start from Rawai on the Road 4024 (Wiset Road), heading south to go onto Soi Tao Daeng Uthit for about 3.8 kilometers. Turn right onto Highway 4030 through the Baan Klang Nam on the right-hand side for about 1.2 kilometers. Continue straight through Rawai for about 110 meters, and The Proud Condominium on the right-hand side.

Prices by Room Types

Resale & Rental Properties

Do you own a property at The Proud Condominium?

Tell us a little about your property

Please select an option
Please select an option

Facilities

Convenience
Hotel Managed
On Site Restaurant
Car Parking
Reception Lobby Area
Leisure
Communal Pool
Bar
Steam Room
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementSinking Fund
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 Proud Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Project ManagementFreehold Premium
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿150,000
Project ManagementCommon Area Management 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.
฿50/SqM

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
upon completion of foundation
15%
3rd Installment
upon completion of concrete structure work
15%
4th Installment
upon completion of finished wall and roof top
15%
5th Installment
upon completion
10%
6th Installment
On handover
10%

Master Plan

About the Developer - The Proud

All The Proud Projects
2 Projects 239 Units

Located in the heart of Rawai offering the Highest standards of architecture and interior design. This location is home to Phuket's first original and Historical tourist beach.

Renowned for its sophisticated character and charm and a peaceful local atmosphere, This Romantic fishermen's village famous for its fish Markets and exotic fish restaurant's offers a feeling of absolute serenity. Defined not just by its beaches or its lush coastal hills, this south most point of the island.

Is home to Promthep cape view point famous for its striking Sun sets, and also Neighbouring Nai Harn beach, regarded as the most beautiful beach in Phuket. So why not enjoy a local tail boat for some local island hoping, or snorkelling at the near by islands or the fresh catch of the day at some of Phuket's finest Fish Restaurant's or just a shopping stroll around Rawai gypsy village.

Frequently asked questions

The common area maintenance fee is ฿50 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Proud Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
The Proud Condominium offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Phromthep Cape is the closest Tourist Attraction from The Proud Condominium and it is 2.5 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 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

    Reviews of The Proud Condominium

    Write a review
    Maintenance
    4
    Staff / Security
    4
    Facilities on Site
    4
    Quality of Finishing
    4
    Value for Money
    5
    Location
    4
    Nice small condo to live in
    4.2 Ariane Stlawrence, Mexico, 1 year ago
    It's a small quality project. The prices are reasonable, and the project location is situated near Rawai Beach. There is a shuttle bus service to Nai Harn Beach, which we don't need to walk at all and take time to have a rest. My room is a 1-bedroom and 1 bathroom. The interior is spacious and fully furnished, decorated with bright colors of white and brown. When it is exposed to daylight, it gives a warm sense and is not too hot. The windows and balcony doors can be opened and closed. The breezes and sunlight reach my room and make my room more pleasant. There is a communal pool with sunbeds and a small bar on the rooftop to comfortably enjoy the evening atmosphere. The on-site is beautifully designed as well. Besides, the security system is good, and the guards are cute, who always there to serve. Overall, it is an ideal project for people who like to travel to the beach and peace. This project meets the needs of our lives perfectly and close to the beach. For those who are looking for this kind of condo, you can visit the sales gallery here.
    Thailand

    Rawai

    Neighborhood Overview

    Location and Neighborhood

    Street View


    Surrounding area

    The Proud Condominium is conveniently located just 210 m from 7-Eleven, which can be reached within 3 mins. by foot.

    There are many other shops situated in the area of The Proud Condominium, the 3 closest being:
    - Tuck beauty's shop is 630 m away (about 8 mins. by foot)
    - three ground is 800 m away (about 10 mins. by foot)
    - Lotus Rawai is 2.2 km away (an approx. drive of 6 mins.)

    The surrounding area, where The Proud Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
    - Mirage Restaurant & Cafe is 30 m away (a walk of about 1 min.)
    - Raja Palm Restaurant is 40 m away (a walk of about 1 min.)
    - Baan Klang Nam is 100 m away (a walk of about 2 mins.)

    Rawai Health Promoting Hospital is the nearest health facility, which is 1.9 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of The Proud Condominium are:
    - Rebreather Thailand is 390 m away (about 4 mins. by foot)
    - Thai Explorers Society is 580 m away (about 7 mins. by foot)
    - Blue Label Diving is 770 m away (about 10 mins. by foot)

    Phuket International Airport is located 47.8 km from The Proud Condominium and it takes about 1 hour 1 min. by car or taxi (depending on the traffic) to get there.