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    2 Bedroom Condo for sale at Rawai Condominium
    Rawai, Phuket Town,Phuket
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    Sale Price
    £88,900
    Schedule Viewing

    2 Bedroom Condo for sale at Rawai Condominium

    (1 Review)
    Rawai, Phuket Town,Phuket
    Unit ID: U1631414
    7% Rental Yield
    Tenant-Occupied until Feb 25, 2025
    2 Bedrooms
    1 Bathroom
    60 SqM Size
    1 Floor
    Jul 2008 Completed
    (1 Review)
    Sale Price
    £88,900
    10

    About This Condo

    This property is a 60 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in Jul 2008. You can buy this condo for a base price of £88,900 (£1,480/SqM) and it is also available for long term rentals starting from £501 per month.

    Features

    Pool AccessPool Access BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jul 5, 2023
    Updated 1 month ago
    Property Type Condo
    Floor 1
    Bedrooms 2
    Size 60 SqM
    Price per SqM £1,480
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) Pool View, Garden 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.
    £45/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1631414

    Investment Opportunity: Charges & Yield

    Sale Price
    £88,900
    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.
    £45/mo
    Rent
    £501/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.
    15
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    7%

    Project Details

    Project Name: Rawai Condominium
    Developer: N/A
    Construction: Completed (Jul 2008)
    Floors: 5
    Buildings: N/A
    Units: 96
    Project Area: N/A
    Nearest Landmark Rawai Beach - 1.8 Km
    Location: Rawai, Phuket
    Rawai 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

    Available Units at Rawai Condominium

    For Sale 5 For Rent 2
    • All
    • 2 Beds
    Get notified when new homes are being added to Rawai Condominium
    View All (5)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Rawai Condominium 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 £1 per square meter based on the size of indoor area of the property and is £45 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.
    Rawai Beach is the nearest Beach from Rawai Condominium and it is 1.8 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 Rawai 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

    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
    Everything is good.
    James H., Denmark, 6 years ago
    My wife and I stayed here last week. Everything is good. There are a lot of restaurants, shops, and convenience stores nearby. I can go shopping and easily find street foods. It takes only 3 minutes to drive to Rawai Beach. There are a lot of seafood restaurants where you can sit and watch the sunset there. If you want to visit other islands nearby, you can easily take a boat at Chalong Pier, but you will need to book the ticket with the reception. They are very helpful. I think the pool is a bit small. The condo has a street noise as it is located next to the road. I think it is one of the nicest condos in the Chalong area to stay in.
    Phuket
    Rawai

    Neighborhood Overview

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