1 Bedroom Condo for sale at Essence Residence

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Rawai, Phuket Town,Phuket

Unit ID: U1930139

1Bedroom

1 Bathroom

52.34 SqM Size

4 Floor

Jun 2026 Off Plan

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Sale Price

£135,000

£139,000

Street View

About This Condo

This property is a 52.34 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and it is scheduled for completion in Jun 2026. You can buy this condo for a base price of £135,000 (£2,580/SqM).

Features

Balcony

Microwave

Basic Information

Date ListedSep 9, 2024

UpdatedN/A

Property TypeCondo

Floor4

Bedroom1

Size52.34 SqM

Price per SqM£2,580

PetsNot Allowed

Condo Ownership

Foreign Quota, Thai Quota, Leasehold, Company

Furniture

Fully Furnished

View(s)City View

Unit Type1BR

BuildingN/A

CAM Fee

£99/mo

Listed By

Developer

Electricity PriceGovernment Rate

Water PriceGovernment Rate

Unit IDU1930139

Investment Opportunity: Charges & Yield

Sale Price

£135,000

CAM Fee

£99/mo

Project Details

Project Name:Essence Residence

Developer:Harmony Group

Construction:Off Plan (Jun 2026)

Floors:8

Buildings:2

Units:160

Project Area:5,200 SqM

Nearest LandmarkChalong roundabout Clock Tower- 2.1 Km

Location:Rawai, Phuket

Essence Residence Project Details

Project Features

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Kids Pool

Communal Garden Area

Popular Facilities at Essence Residence

Reception / Lobby Area
1st Floor
Car Parking
Ground Floor
Communal Gym
8th Floor
Communal Pool
Rooftop
On Site Restaurant
Rooftop

Available Units at Essence Residence

All
Studio
1 Bed
2 Beds

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedGarden View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Foreign QuotaFully FurnishedCity View

Get notified when new homes are being added to Essence Residence

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Payment Plan

InstallmentMilestonePayment

Reservation Deposit

Immediately

1st Installment

Upon contract signing

33%

2nd Installment

Jun 2024

25%

3rd Installment

Dec 2024

15%

4th Installment

Sep 2025

15%

5th Installment

Jun 2026

10%

Payment Terms (06.2026)

InstallmentMilestonePayment

Reservation Deposit

Immediately

1st Installment

15 days after contract signing

18%

2nd Installment

28.02.2025

15%

3rd Installment

30.06.2025 (Concrete structures completed (till 7th floor)

25%

4th Installment

31.12.2025 (Facades are ready for finishing, the main communications are installed.)

25%

5th Installment

30.06.2026 (Unit handover signing)

15%

Payment Terms (06.2029)

InstallmentMilestonePayment

Reservation Deposit

Immediately

1st Installment

15 days after contract signing

18%

2nd Installment

28.02.2025

15%

3rd Installment

30.06.2025 (Concrete structures completed (till 7th floor)

10%

4th Installment

31.12.2025 (Facades are ready for nishing, the main communications are installed.)

10%

5th Installment

30.06.2026 (Unit handover signing)

15%

6th Installment

31.12.2026

7th Installment

30.06.2027

8th Installment

31.12.2027

9th Installment

30.06.2028

10th Installment

31.12.2028

11th Installment

30.06.2029

Frequently Asked Questions

No pets are allowed at Essence Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

The common area maintenance fee is £2 per square meter based on the size of indoor area of the property and is £99 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 Essence Residence the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.

Chalong roundabout Clock Tower is the nearest Tourist Attraction from Essence Residence and it is 2.1 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.