Studio Condo for sale at ReLife The Windy

(2 Reviews)
Rawai, Phuket Town,Phuket
Unit ID: U1975002
7% GUAR. RETURN FOR 3 YEARS
Studio Bedroom
1.5 Bathrooms
38 SqM Size
4 Floor
Sep 2019 Completed

About This Condo

This property is a 38 SqM studio condo with 1.5 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in Sep 2019. You can buy this condo for a base price of £87,700 (£2,310/SqM).

Basic Information

Date Listed Nov 26, 2024
Updated 1 day ago
Property Type Condo
Floor 4
Bedroom Studio
Size 38 SqM
Price per SqM £2,310
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%.

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) Pool 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.
£44/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1975002

Investment Opportunity: Charges & Yield

Sale Price
£87,700
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.
£44/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
Guaranteed Rental Return
7%
Guarantee Duration
3 Years

Project Details

Project Name: ReLife The Windy
Construction: Completed (Sep 2019)
Floors: 7
Buildings: N/A
Units: 120
Project Area: N/A
Nearest Landmark Rawai Beach - 2 Km
Location: Rawai, Phuket
ReLife The Windy Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at ReLife The Windy

For Sale 11 For Rent 2
Get notified when new homes are being added to ReLife The Windy
View All (11)

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Frequently Asked Questions

No pets are allowed at ReLife The Windy 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 £44 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 ReLife The Windy the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
ReLife The Windy offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Rawai Beach is the nearest Beach from ReLife The Windy and it is 2 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 ReLife The Windy you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
£2,310
1st Installment
15 days after contract signing
50%
2nd Installment
Interior Completion
25%
3rd Installment
Construction Completion and transfer ownership
25%

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

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The living space is well decorated and stylish.
Hannah R., United States, 3 years ago
I stayed in a studio room here for 3 weeks. The living space is well decorated and stylish. Unfortunately, there is no washing machine, making it a little difficult to wash. I love the rooftop pool overlooking the sea. Overall, it's okay. The location is close to Nai Harn Beach, Rawai Beach, and Promthep Cape.
Value for money!
Kristen St., Australia, 6 years ago
My boyfriend and I were so impressed living here. The condominium has a decent room size, decorated with wooden materials, making a warm feeling. This project is attractive wooden floor, artwork, and furniture. Mark and I started our day with tea or coffee. Mark enjoyed Thai and International food so much. We spent the rest of the day swimming and relaxing on the rooftop. Besides, there is wi-fi and parking space for free. The receptionist can speak many languages; they are friendly and always smile. More importantly, the project is just 3 minutes away from Nai Harn Beach. I could enjoy the view every day; this trip was just flawless.
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby ReLife The Windy

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Nai Harn Re-Life
Location
Rawai, Phuket Town, Phuket
Number of units
62
Sales Prices
£76.6K - £90.5K
▼ -29% underpriced
Monthly Rentals
N/A
Year Built
Apr 2016
Completion Status
Completed
Project Name
Calypso Condo
Location
Rawai, Phuket Town, Phuket
Number of units
46
Sales Prices
£104K - £111K
▼ -22% underpriced
Monthly Rentals
£1.74K
Year Built
Dec 2016
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
79
Sales Prices
£75.4K - £162K
▼ -21.5% underpriced
Monthly Rentals
£696
Year Built
Dec 2019
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
85
Sales Prices
£63.8K - £260K
▼ -15% underpriced
Monthly Rentals
£812 - £1.39K
Year Built
Mar 2015
Completion Status
Completed
Project Name
Pearl Condominium
Location
Rawai, Phuket Town, Phuket
Number of units
79
Sales Prices
£81.2K
▼ -29% underpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
17
Sales Prices
£694K
Monthly Rentals
N/A
Year Built
Nov 2022
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
22
Sales Prices
£340K - £377K
Monthly Rentals
£6.95K
Year Built
Jan 2010
Completion Status
Completed
Project Name
The One Naiharn
Location
Rawai, Phuket Town, Phuket
Number of units
213
Sales Prices
£89.4K - £280K
▲ 31.7% overpriced
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Location
Rawai, Phuket Town, Phuket
Number of units
75
Sales Prices
£111K - £128K
▼ -3% underpriced
Monthly Rentals
£812
Year Built
May 2016
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
5
Sales Prices
£1.19M
Monthly Rentals
N/A
Year Built
Mar 2025
Completion Status
Off Plan
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