Rawai Beach Condominium

(1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U249181

7% GUAR. RETURN FOR 3 YEARS

฿2,000,000 ฿2,500,000

Studio Bedroom

1 Bathroom

25 SqM Size

2 Floor

Jun 2021 Completed

(1 Review)

Sale Price

฿2,000,000 ฿2,500,000

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

Balcony

Basic Information

Property Type Condo

Floor 2

Bedroom Studio

Size 25 SqM

Price per SqM ฿80,000

Condo Ownership

Leasehold

Furniture

Unfurnished

View(s) Pool View

Unit Type N/A

Building N/A

CAM Fee

฿1,500/mo

Listed By

Private Owner

Date Listed Nov 21, 2019

Last Updated 4 months ago

Unit ID U249181

Investment Opportunity: Charges & Yield

Sale Price

฿2,000,000

CAM Fee

฿1,500/mo

Price-to-Rent Ratio

Guaranteed Rental Return

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 Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at Rawai Beach Condominium

All
1 Bed
All

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Garden View

Foreign Quota Garden View

Foreign Quota Garden View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Pool View

Foreign Quota Garden View

Foreign Quota Garden View

Foreign Quota Pool View

Foreign Quota Garden View

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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.

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Reviews

5 out of 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.

Jason 4321, Russia, 4 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.