1 Bedroom Condo for sale at Saiyuan Buri Condominium

(2 Reviews)
Rawai, Phuket Town,Phuket
Unit ID: U445915
6% Rental Yield
1 Bedroom
1 Bathroom
32 SqM Size
3 Floor
Jun 2014 Completed

About This Condo

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Saiyuan Buri Condominium project in Rawai, Phuket and was completed in Jun 2014. You can buy this condo for a base price of ฿1,800,000 (฿56,250/SqM).

Saiyuan Buri Condominium

One bedroom peaceful condominium at Rawai, Saiyuan. 

 

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 11, 2020
Updated 3 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 32 SqM
Price per SqM ฿56,250
Pets Not Allowed
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%.

Foreign Quota
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) Mountain View, Unblocked Open 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.
฿2,560/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U445915

Price Analysis

Great Price
Estimated market value ฿2,312,086
Great
฿2,190,000
Good
Fair
Above
฿2,450,000
Current asking Price: ฿1,800,000 | Rental estimate: ฿9,490/mo
This condo is ฿512,086 BELOW MARKET (-22%) 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.
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Investment Opportunity: Charges & Yield

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.
฿2,560/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.
16
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Saiyuan Buri Condominium, and the current sales price.
6%

Project Details

Project Name: Saiyuan Buri Condominium
Construction: Completed (Jun 2014)
Floors: 7
Buildings: N/A
Units: 71
Project Area: N/A
Nearest Landmark Rawai Beach - 2.7 Km
Location: Rawai, Phuket
Saiyuan Buri 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
Reception / Lobby Area Reception / Lobby Area
Close
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Available Units at Saiyuan Buri Condominium

For Sale 4 For Rent 1
Get notified when new homes are being added to Saiyuan Buri Condominium
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Frequently Asked Questions

No pets are allowed at Saiyuan Buri Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Rawai Beach is the nearest Beach from Saiyuan Buri Condominium and it is 2.7 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 Saiyuan Buri 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

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo near Rawai beach
Cara Krane, United Kingdom, 5 years ago
A 1-bedroom unit of this project has the proper size coming with fully-furnished. The swimming pool is also good. Shady atmosphere surrounded by mountains. Near Rawai beach, a beach with many delicious seafood restaurants and a good atmosphere.
I would give this condo a 4 out of 5.
Sara F., United Kingdom, 6 years ago
This condo is close to Rawai Beach, a 7-minute drive away, and Nai Harn Beach, which is only a 10-minute drive away. The surrounding area is shady, quiet, and pleasant, with many restaurants nearby. The breakfast was good, but they should have more choice of food, now they only have eggs, sausages, bread, and fruit. The swimming pool has a stunning view of the mountain. The room that we stayed in was a 1 bedroom unit with an ensuite bathroom. The furniture's quality is good. They do not have a pan in the kitchen, and I can not cook at all. Overall, I would give this condo a 4 out of 5.
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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Number of units
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Completion Status
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