The Residence Phuket

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Rawai, Phuket Town, Phuket
Aug 2024 Completed
6 Floors
1 Building
5 Units

Overview of The Residence Phuket in Rawai, Phuket

The Residence Phuket is a condo and apartment project located in Rawai, Phuket and was completed in Aug 2024. It has 5 units across 6 floors and was developed by The Residence

About The Residence Phuket

Step into the pinnacle of exclusive real estate in Phuket at The Residence Phuket, where luxury and sophistication await discerning individuals. These 2-3 bedroom penthouses redefine elite living with their modern design, world-class amenities, and complete privacy.

The Residence Phuket boasts expansive penthouses, each spanning over 3,000 square feet, featuring a mix of two and three-bedroom floor plans meticulously designed to maximize comfort and elegance.

Located on Soi Mangosteen, this prestigious development is just a 6-minute drive to the pristine shores of Nai Harn Beach and a mere 3-minute drive to Rawai Beach. Phuket Town, with its vibrant Central Festival offering a myriad of entertainment, dining, and shopping options, is conveniently accessible within a 25-minute drive.

Amenities at The Residence Phuket are tailored to elevate the living experience:

- Private Elevator Access
- Undercover Parking
- 15m Infinity Pool
- Furniture
- Hardwood Floors
- Dishwasher
- Steam Bath
- Wi-Fi
- Sauna
- Tranquil Rooftop Seating Area
- Rainshower heads
- 24/7 Private Security Monitoring
- Executive Concierge Service
- Maid Service
- Imported Italian stone tiles
- Balcony
- Top-of-the-line appliances
- Ergonomically designed furnishings
- Custom-made fittings
- Handcrafted Steel Beds

Indulge in unparalleled luxury and convenience at The Residence Phuket, where every detail reflects a commitment to excellence and exclusivity. Experience a lifestyle of opulence and tranquility in the heart of Phuket's most sought-after locale.

Available Units at The Residence Phuket

Get notified when new homes are being added to The Residence Phuket
View All (4)
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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Facilities and Floor Plans

Facilities

Leisure
Steam Room
Sauna
Fitness
Cycling Track
Convenience
Car Parking
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional
Charging Stations on Site : No
# of passenger lifts in each building : 1

Management

Common Area Management 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.
฿30,000
Sinking Fund :
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 The Residence Phuket the required payment for the sinking fund is ฿350,000 per square meter based on the size of the indoor area of the property.
฿350,000
Electricity Price : Government Rate
Water Price : Government Rate
Pets : Not Allowed

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
10%
2nd Installment
Upon contract signing
40%
2nd Installment
On handover
50%

About the Developer - The Residence

All The Residence Projects
1 Project 5 Units

Frequently Asked Questions

Frequently asked questions about The Residence Phuket
No pets are allowed at The Residence Phuket 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 for properties at The Residence Phuket is a fixed amount of ฿30,000. This amount 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 The Residence Phuket the required payment for the sinking fund is a fixed amount of ฿350,000.
Rawai Beach is the nearest Beach from The Residence Phuket and it is 2.2 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 The Residence Phuket 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
10%
2nd Installment
Upon contract signing
40%
2nd Installment
On handover
50%

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

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Phuket
Rawai
Neighborhood Overview of Rawai, Phuket

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